How to remove lien amout in banking?
Answers
1) Kindly follow below mentioned steps for lien marking of funds/ fund transfer to your trading account.
2) Please login to your trading account, click on home tab, select Limits.
3) Select Limits > Manage.
4) SBI bank & your Bank Account Number will be pre-populated in the Account Number option.
KYC stands for Know your Customer. The bank requires you to submit your proof of address and the proof of your identity. You can provide any two documents below to fulfil your KYC.
Adhar Card(if submitted, second ID not required)
Pan Card
Passport(if submitted, second ID not reqd.)
Driving License
Voter’s ID Card
The above 5 are as per RBI KYC guidelines.
Note: Please make it a practice to submit your KYC documents every three years. One more thing I would like to add here which may not be relevant to lien: Please do update your signature in bank records every 5 years. So that you don’t face an embarrassment of not being able to withdraw funds from your own account. These days, we are most cashless and have alternate channels and seldom visit our bank branch for cash.