Cash My Salary
KYC Documentation Policy
Know Your Customer (KYC) Documentation Policy
This policy establishes the KYC documentation standards for all loan originations and account establishments at Cashmysalary. It is an integral part of the KYC & AML Policy of the Company.
Effective Date
August 2026
Policy Version
5.0
Compliance
RBI & PML Act
Applicable To
All Loan Originations
Purpose & Background
The purpose of this document is to establish Know Your Customer (KYC) documentation policy for Cashmysalary. All loans originated by Cashmysalary follow this KYC documentation policy.
Important Note: In case of any update in the documents submitted by the customer, customers shall submit updated documents to the Company within 30 days for record updating.
All products of the Company follow the same KYC documentation policy. In case of regulatory changes, required modifications are implemented promptly. This document standardizes the KYC documentation policy throughout the organization for all products and businesses.
KYC Documents Required
For Customer Due Diligence (CDD), Cashmysalary shall obtain the following documents. Additional documents may be required as per regulatory requirements.
| Sr. | Document Type | Mandatory | Identity | Address |
|---|---|---|---|---|
| 1 | PAN or Form 60 | Yes | Not Acceptable | Not Acceptable |
| 2 | Aadhaar/OVD | Yes | Acceptable | Acceptable |
Individual Customers
For Individual customers, the following documents and verification procedures are mandatory:
Aadhaar Number & Verification
The Aadhaar number where the customer is desirous of receiving benefits or subsidy under any scheme notified under Section 7 of the Aadhaar Act, or voluntarily submits to a bank.
Customer Verification Process
Proof of possession via eAadhaar/QR code
Masked Aadhaar or OVD with digital KYC
OVD containing identity and address
Note: The first 8 digits of Aadhaar must be masked/redacted when storing.
Officially Valid Documents (OVD)
The following documents are Officially Valid Documents for both Identity and Address Proof:
| Document Type | Identity | Address | Issued By |
|---|---|---|---|
| Passport | Government of India | ||
| Driving Licence | State Transport | ||
| Voter ID Card | Election Commission | ||
| NREGA Job Card | State Government | ||
| Aadhaar Card | UIDAI |
Deemed OVD (for Address Proof)
When an OVD does not contain current address, the following can be used as Deemed OVD:
- Utility Bills: Not more than 2 months old
- Property Tax Receipt: Current tax receipts
- Pension/PPO: Pension payment orders with address
- Letter of Accommodation: From employers
Important: Updated OVD must be provided within 3 months.
Important Notes & Procedures
Photography Requirements
Self-attested photograph of applicant and co-applicant is mandatory. Digitally captured photographs are acceptable.
Document Verification
KYC and OVD documents can be verified by authorized employees and service providers of Cashmysalary.
Third Party CDD
The Company may rely on CDD done by third party, subject to immediate record availability and compliance with regulatory requirements.
Beneficial Owner KYC
KYC documents must be collected for beneficial owners with >10% ownership in entities or >15% in unincorporated associations.
Digital KYC
Live photograph with official documents by authorized employee with location coordinates.
Video-Based KYC (V-CIP)
Facial recognition through secure audio-visual interaction for customer verification.
ML & TF Risk Assessment
Cashmysalary carries out periodic Money Laundering and Terrorist Financing Risk Assessment to identify and mitigate risks, with documentation, annual review, Board oversight, and group-wide policies as required by regulations.
Politically Exposed Persons (PEP)
PEPs include heads of states, senior politicians, government officials, judicial/military officers, and state-owned corporation executives. The Company maintains systems to identify PEPs, establish source of funds, and conduct enhanced monitoring.
Record Management & Compliance
Cashmysalary maintains comprehensive records in compliance with Prevention of Money Laundering (PML) Act:
Compliance Statement: All regulatory changes issued by Reserve Bank of India or other competent authorities shall be incorporated into this policy. Cashmysalary is committed to maintaining highest standards of KYC compliance in accordance with all applicable laws.
Regency Fincorp Limited
This KYC Documentation Policy is a legally binding commitment to our customers and is enforced under applicable Indian laws and RBI regulations. We ensure the highest standards of KYC compliance across all our lending operations.
