why does the bank need so many details of it customer
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Bank need so many details of it customer to ensure that his customer is genuine and will not cause any hamper to the functionality of the Bank in the future.
hope it helps....
hope it helps....
Answered by
1
Banks needs so many details about its customers because the bank is supervised by the Reserve bank of India (RBI) if they don't take details about costumer the customer can do cheatting with banks by not repaying loan..so,banks have to take all the details about their customers.
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