No, KYC is needed only when the total purchase of gold (digital or coin) exceeds ₹1,80,000 in a year or you want to cancel and refund the gift card back to the bank account. The rest of the time, KYC won’t be required.
Is it necessary to do KYC for every purchase? Print
Created by: Deepak Abbot
Modified on: Wed, 24 Nov, 2021 at 12:26 PM
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