Documentation for KYC & Income Validation for SENP

Overview of the Course

The prevention of money laundering has been an area of focus for governments and its central banks across the globe to ensure that the money laundering activities do not jeopardise the banking system and the world economy. The Prevention of Money Laundering Act, 2002 (PMLA) forms the core of the legal framework put in place by India to combat money laundering.
In this course, we will look at the documentation required for confirming with KYC and Income Validation applicable in the BFSI sector. This course is set of three modules covering Salaried, Self-employed and Self-employed non-professionals respectively. Let us now start with understanding of documentation for Resident Indian Salaried segment in this course.

Who should enrol for this course?

This module should be looked as mandatory module as RBI, the regulatory body in India directs every financial institution to train its employees and its business associates in the KYC norms approved by its board of directors.

This suitable for an individual be it a college student or a professional from wide spectrum of BFSI sector aspiring to work in a retail bank as a Sales, Operations, Credit/ Operations Risk, Collections, Legal and Technical role. This module is also suitable for professionals working in the retail banking industry with 1-15 years of work experience.

This module will be very good for students and professionals working or intending to work as an independent Certified Financial Planner, Insurance Advisors or Direct Sales Associate (DSA), Connectors, Business Associate in the domain of retail loans.

This module is also recommended to individuals having taken or proposing to take a retail loans as a customer of a Bank, NBFCs or HFCs, or Microfinance institution.

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Overview of the course content:

On successful completion of this course, you will gain a comprehensive understanding of;
1.KYC and financial documents to be collected from a customer
2. How to read & cross verify each document to ensure authenticity
3. Minimize queries from document processing team
4. Interacting with and handholding customers more efficiently

Total Time: 

The module is of 61 minutes.

Total time required for this course would be nearly 61 minutes. The entire course has been divided into smaller micro learning modules. You can even complete micro modules of 05 to 20 minutes at your convenience. We recommend you allot good time to recap your learnings.

The Mode of Delivery:

To make it simple and easy to understand, the course will be delivered as video-based module with voice over in English to assist learners. We have designed this course spread over various segments followed by a knowledge test and a quiz at the end.

You will be asked to download a workbook at the beginning of the module. Do remember to download and take notes and list down your questions that you may want to ask the facilitators of the course.

To make it easy, we have two sections in every frame of the video. The first is discussion board. It is a community of learners, where you can raise your questions that may be answered by one of the learners or by the facilitators for the course. It is possible that your questions may have been raised already by a learner and you can see trail of the discussion and concluding comments by the facilitator.

The second is a section for taking notes. This is an online space for you to take notes of your learnings or important points that you want to recall. You must remember to download or copy the same to your note pad or a word document before expiry of the course for which you may have been enrolled.

Evaluation Process:

At the end of the course, you will have an “Online Test” for being certified as proficient in the course on getting minimum of 60% and above.

You should identify yourself on the following scale.
Score of 90% plus – Maestro
Score of 70 - 90% - Expert
Score of 50 - 70% - Professional
Score of less than 50% - Try again

You will get a certificate that can be downloaded for your records. We encourage you to share your proficiency on the social media especially in LinkedIn, Instagram and Facebook to showcase your competency amongst our peer group. This will help you to build professional competency profile.

Wish you all the best!

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