CSB Bank Central KYC Individual Customer Profile

CSB Bank Central KYC Individual Customer Profile Form for authorised signatories/ beneficial owners

CSB Bank Central KYC Individual Customer Profile Form for authorised signatories/ beneficial owners from Download

Here are the key points from the CSB Bank Central KYC (CKYC) Individual Customer Profile Form:

One Form Per Person: A separate, unique CKYC profile form is strictly required for the primary applicant and every individual joint holder.
Block Writing Only: The entire form must be manually filled in block letters, maintaining exactly one blank box between words.
Identity Tracking: Existing customers must provide their CSB client ID, while individuals who are company directors are required to state their DIN/DPIN.

Mandatory Identification: Requires full personal demographics, including father’s name, mother’s name, and a self-attested Official Valid Document (OVD) like an Aadhaar card, Passport, Voter ID, or Driving License.
Address Tiering: The form explicitly divides addresses into Permanent, Correspondence/Local, and Overseas options (compulsory for NRIs, PIOs, and Foreign Nationals).
Deemed Proofs: If an OVD lacks a local address, alternate secondary documents like utility bills, municipal tax receipts, or official employee allotment letters are accepted.

Overseas Tax Identification: Applicants who are tax residents outside of India must declare their foreign Tax Identification Number (TIN) or a Functional Equivalent document.
Equivalent Document Examples: Foreign identifiers include social security numbers, resident registration tags, or citizen services codes.
NRO Account Concessions: NRO account holders must present a Tax Residency Certificate (TRC) and Form 10F to lower their Tax Deduction at Source (TDS) via Double Taxation Avoidance Agreements (DTAA).

Socioeconomic Demographics: Captures religion, category (General, OBC, SC, ST), educational qualifications, occupation type, annual income brackets, and source of funds.
Special Customer Categories: Isolates high-scrutiny business roles like cash scrap dealers, real estate brokers, chartered accountants, luxury goods dealers, and stockbrokers.
Political Exposure Tracking: Applicants must disclose if they qualify as a domestic or foreign Politically Exposed Person (PEP).

Thumb Impressions: If an applicant uses a thumb impression instead of a signature, it must be officially signed and validated by two independent witnesses.
Undelivered Mail Penalties: The customer signs an agreement acknowledging that if the bank’s positive address confirmation letter is returned undelivered, all operations on the account will be immediately frozen without advance warning.
Inoperative Accounts: When updating KYC to reactivate an inoperative account, a valid transaction must be executed within 7 days of form processing to prevent re-freezing.

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