What are the CDD Measures for Individuals as per PMLA Act 2002?
Updated
In case the customer is an individual following documents are required for due diligence
(a) the Aadhaar number where,
(i) the proof of possession of Aadhaar number where offline verification can be carried out; or
(ii) the proof of possession of Aadhaar number where offline verification cannot be carried out or any officially valid document or the equivalent e-document thereof containing the details of his identity and address; and
(b) the Permanent Account Number or the equivalent e-document thereof or Form No. 60 as defined in Income-tax Rules, 1962; and
(c) such other documents including in respect of the nature of business and financial status of the client, or the equivalent e-documents thereof as may be required by the reporting entity.
