Know Your Customer (KYC) Policy

1. Introduction

Mahaguru Ayurveda Pvt. Ltd. is committed to conducting its business in compliance with all applicable laws and regulations This Know Your Customer (KYC) Policy outlines the procedures and requirements for verifying the identity of our customers and conducting due diligence on their business activities.

2. Purpose

The purpose of this KYC Policy is to:

3. Customer Information Requirements

In order to become a customer of  Mahaguru Ayurveda Pvt. Ltd. individuals and entities are required to provide the following information:

4. Customer Due Diligence (CDD)

Mahaguru Ayurveda Pvt. Ltd. will conduct customer due diligence (CDD) based on the risk profile of each customer. This may include:

5. Risk Assessment

Mahaguru Ayurveda Pvt. Ltd. will assess the risk associated with each customer based on factors such as their geographic location, business activities, transaction volume, and reputation. Enhanced due diligence (EDD) will be conducted on customers identified as high-risk.

6. Record Keeping

Mahaguru Ayurveda Pvt. Ltd. will maintain accurate and up-to-date records of customer information, including copies of identification documents and transaction history. Records will be retained for the period required by applicable laws and regulations.

7. Training and Awareness

All employees involved in customer onboarding, account management, and compliance functions will receive training on the KYC Policy and procedures. Employees will be regularly updated on changes to regulations and industry best practices.

8. Compliance Oversight

Compliance with this KYC Policy will be overseen by the Compliance Officer, who will periodically review the effectiveness of the policy and procedures. Any identified deficiencies will be addressed through corrective action.

9. Amendments and Updates

This KYC Policy may be amended or updated as necessary to reflect changes in laws, regulations, and business practices. Any amendments will be communicated to employees and customers in a timely manner. Still you want to update any of the personal details below mentioned supporting are to be provided.