Tuesday, July 15, 2014

No need of local address proof to open an account

.........The central bank stated that migrant workers and transferred employees were facing problems in submitting proofs of current and permanent addresses while opening a deposit account. There are many people who change cities for jobs or other reasons, and may not have an address proof for the city where they reside. This used to be a problem when one went to open an account with a bank or a deposit with an NBFC...............

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