KYC Policy

1. Introduction

Know Your Customer (“KYC”) and Anti-Money Laundering (“AML”) controls are important safeguards used to verify customers, reduce fraud, identify suspicious activity and support compliance with applicable financial laws and regulatory requirements.

Omshrikanth Finance Pvt. Ltd. follows a risk-based KYC framework for customers, merchants, retailers, distributors, partners and other users accessing supported financial services through the platform.

This policy may be updated from time to time based on changes in applicable laws, regulatory directions, service requirements and internal compliance standards.

2. KYC Objectives

The purpose of this policy is to help prevent the platform from being used for money laundering, fraud, terrorist financing, identity misuse or other unlawful activities.

KYC procedures also help Omshrikanth Finance Pvt. Ltd. understand customers and partners, assess transaction risk and maintain appropriate controls for providing financial services.

This policy includes the following key elements:

• Customer Acceptance Policy (“CAP”).
• Customer Identification Procedures (“CIP”).
• Transaction monitoring.
• Risk management.
• Customer grievance and dispute management.
• Applicable service and interoperability controls.
• Regulatory reporting where required by applicable law.

3. Documents Required for KYC

Identity Proof:

• Aadhaar Card, where applicable and permitted.
• PAN Card.
• Voter ID Card.
• Passport.
• Driving Licence.
• Other officially valid documents accepted under applicable rules.

Address Proof:

• Aadhaar Card with current address, where applicable.
• Recent utility bill, where accepted.
• Bank passbook or bank statement.
• Registered rent agreement, where applicable.
• Other acceptable address proof under applicable KYC requirements.

Additional documents may be requested depending on the customer's profile, business type, selected service or applicable compliance requirements.

4. KYC Verification Process

The KYC verification process may include:

• Document Submission: Customers or partners submit required documents through authorised onboarding channels.
• Identity Verification: Submitted identity information may be verified through authorised verification methods and service providers.
• PAN Verification: PAN information may be validated through authorised verification systems.
• Aadhaar Verification: Aadhaar-based verification may be carried out only through permitted methods where applicable to the service.
• Face / Liveness Verification: Where required, selfie, video or authorised liveness checks may be performed.
• Bank Account Verification: Bank account ownership may be validated using an authorised verification process.
• Compliance Review: Submitted information may be reviewed before activation of an account or regulated service.

5. Customer Risk Categorisation

Customers and partners may be categorised according to their risk profile, transaction activity, business category and other relevant compliance factors.

• Low Risk: Customers or businesses with normal transaction behaviour and relatively lower compliance risk.
• Medium Risk: Customers or businesses requiring additional documentation, verification or transaction monitoring.
• High Risk: Customers requiring enhanced due diligence based on transaction profile, business activity, legal requirements or compliance assessment.

6. Enhanced Due Diligence

Additional verification may be required for higher-risk accounts, unusual transaction patterns, high transaction volumes or other circumstances identified through compliance review.

Enhanced checks may include additional business documents, source of funds information, bank verification, ownership details or other information permitted under applicable law.

7. Transaction Monitoring

Omshrikanth Finance Pvt. Ltd. may monitor transactions to identify unusual, suspicious, high-risk or potentially fraudulent activity.

Transactions may be reviewed, restricted, delayed or reported where necessary for fraud prevention, security, regulatory compliance or applicable legal requirements.

8. Customer Responsibilities

• Provide accurate and complete KYC information.
• Keep submitted documents and account information updated.
• Do not submit forged, altered or misleading documents.
• Do not allow unauthorised persons to use your account.
• Immediately report suspected account misuse or unauthorised access.
• Cooperate with additional verification where reasonably required.

9. Applicability

This policy applies to relevant products, services, customers, merchants, retailers, distributors, API partners and other authorised users of the Omshrikanth Finance Pvt. Ltd. platform.

Where applicable law or regulatory requirements impose stricter obligations, those legal or regulatory requirements shall prevail.

10. Policy Updates

Omshrikanth Finance Pvt. Ltd. may update this KYC Policy from time to time to reflect changes in applicable law, regulations, technology, services or compliance requirements.

11. Contact Us

For KYC-related queries, please contact:

Omshrikanth Finance Pvt. Ltd.
Omshrikanth Finance Pvt. Ltd. Plot No.- 571 KH No. 24/2 Basement, Kakrola Housing Complex- 110078 New Delhi, India

Email: info@pocketmoneysquare.com
Phone: +91 9315969524