ABSL P&P - Day 9

Change of Bank procedure can be done_____

• Online & Offline

• Online only

• Offline Only

• Not Possible

While adding a new bank, automatically it becomes default bank

• True

• False

Addition of bank will...

• Delete the existing bank and add the new bank

• Only add a new bank and if required, investor can make it as default

While adding a new bank, investor can validate the new bank through...

• IMPS Validation

• Uploading bank proof (cancelled cheque)

• Either by IMPS Validation or by Uploading bank proof (cancelled cheque)

The request form for addition/change of bank is the same

• True

• False

The bank proof to be uploaded must have which of the below mentioned details as pre-printed

• Account Holder name

• Account number

• IFSC code

• None of the mentioned options

An NRI can add which of these bank accounts?

• Savings,NRE,NRO

• NRE,NRO, FCNR

• NRE & NRO

The forms for Change of Tax Status from RI to NRI and NRI to RI are not the same

• True

• False

Documents required for Change of Tax status in KYC are...

• CKYC form, updated Address proof attested, old & new bank proof

• CKYC form, updated Address proof attested, PAN card

• CKYC form, updated Address proof attested, PAN card, Aadhar card.

TAT for change of Tax Status of the investor is

• T+ 4 working days

• T+ 3 working days

• T+ 3 calendar days

• None of the above