Pradhan Mantri Jan Dhan Yojana (PMJDY) has completed 10 years. Under this scheme, many accounts will need to complete re-KYC. But there is good news for account holders. To make the re-KYC process easy, public sector banks will hold special camps at the panchayat level from 1st July to 30th September 2025. Reserve Bank of India (RBI) Governor Sanjay Malhotra said this on Wednesday. However, account holders can also complete re-KYC online. Let’s know how…
What is Re-KYC?
Know Your Customer (KYC) means the documents and address proof collected when you open a bank account. Re-KYC means the bank updates these documents after some time to keep your account details correct.
About Jan Dhan Yojana
Jan Dhan Yojana started in 2014. Its aim is to give every family in the country a basic savings bank account. As per the official PMJDY portal, more than 55 crore accounts have been opened under this scheme so far.
These accounts give many benefits like zero-balance savings account, interest on deposits, RuPay debit card with accident insurance, and overdraft facility up to ₹10,000. These accounts are also used to get subsidies and welfare payments through Direct Benefit Transfer (DBT).
How to Update SBI Account KYC Online
- Log in to your SBI net banking account.
- Go to the My Account and Profile tab.
- Select the option Update KYC.
- Enter your profile password and submit.
- Choose your account from the drop-down menu and click Re-submit.
- Fill in the details and upload updated documents if needed.
- Enter the OTP sent to your registered mobile number to complete the process.