What are the prerequisites for Agent Institutions?

Modified on Fri, 21 Nov at 2:40 PM

  • Business address authorisation letter and licence to carry out business.
  • Compliance of KYC (Proof of registered / business address, active bank account details, PAN number).
  • Credibility check, credential verification and banker's opinion report.
  • ITR of the last 2 years.
  • Financial Statements for at least 2 years / other credit verification/background check/ CIBIL verification of promoters and directors.
  • Should not be part of the blacklist as and when introduced by Bharat Connect Central Unit or any other competent authority.

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