Q&A

Do banks accept rent agreement as address proof?

Do banks accept rent agreement as address proof?

There are six official valid documents for proof of identity — passport, driving licence, voter identity card, PAN card, Aadhaar card and NREGA job card. For proof of address, the RBI has allowed banks to accept documents such as rent agreement and utility bills.

What address proof is required for bank account?

i) Passport ii) Driving license iii) Credit Card Statement- not more than 3 months old iv) Salary slip v) Income/Wealth Tax Assessment Order vi) Electricity Bill- not more than 6 months old vii) Landline Telephone Bill – not more than 3 months old viii) Bank account statement ix) Letter from reputed employer x) Letter …

Is rental agreement accepted as address proof for Icici bank?

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Address Proof: Overseas/Indian Bank Statement (Bank passbook will not be accepted) with atleast two transactions initiated by the customer. Rent receipt along with duly stamped/registered lease deed (wherever applicable). The lease deed should be valid as on date of account opening.

Can I update my address in bank with rent agreement?

Yes, rental agreement is enough for change of correspondence address. It is to this address that the bank will send you cheque book, card, statement and any other bank correspondence. This is as per KYC rule.

Is rent agreement accepted for bank account?

To tell you the answer to your question, YES, RBI has allowed the rent agreement to be used as a valid address proof. See, banks ask for your identification proof, address proof, employment proof and photographs.

Which of the following is not acceptable as an address proof for opening bank account?

Which of the following is not acceptable as address proof for opening a bank account by an individual? Answer: [C] A rent agreement indicating the address of the customer duly registered with State Govt. Notes: Bank accounts such as savings account are opened on the basis of KYC.

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Do I need a rent agreement document from a bank?

Also, if you do not have any permanent address proof documents like Aadhaar card or ration card, you will need a rent agreement document. Banks are supposed to follow the guidelines set by RBI.

Is a rent agreement a valid address proof?

If the Rent agreement is registered by the State Government of similar registration then it is valid address proof as per the guidelines of the RBI. For further assistance you may contact us.

What are the documents required for change of address in bank account?

Bank Account Statement/Passbook (Not more than 3 Months Old) A Self Declaration by Judges of High Court/Supreme Court mentioning the new Address of the Applicant

Why do I need a rental agreement to rent a house?

Talk to a real lawyer about your legal issue. Rental agreement serves as a proof of residence, especially when you have to apply for local services such as for getting an internet connection, getting gas connection, applying for driving licence, creating bank account, buying a new sim card, etc.