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WEDNESDAY, JUNE 04, 2025
No need for Indians to declare religion for bank account: Finance Ministry

South Asia

Hindustan Times
22 December, 2019, 11:05 am
Last modified: 22 December, 2019, 12:45 pm

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No need for Indians to declare religion for bank account: Finance Ministry

According to a media report, Hindus, Sikhs, Buddhists, Jains, Parsis and Christians refugees who are holding long-term visas (LTVs) will have to disclose their religion in the bank’s KYC forms

Hindustan Times
22 December, 2019, 11:05 am
Last modified: 22 December, 2019, 12:45 pm
Indian Union Finance Minister Nirmala Sitharaman/ HT Photo
Indian Union Finance Minister Nirmala Sitharaman/ HT Photo

The Central government on Saturday dispelled rumours claiming that Indian citizens will need to disclose their religion in their bank's 'Know Your Customer' (KYC) forms.

"There is no requirement for the Indian citizens to declare their religion for opening/existing bank account or for KYC," Rajeev Kumar, Secretary, Department of Financial Services, Ministry of Finance, tweeted.

"Do not fall for baseless rumours about any such move by banks," he added.

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According to a media report, Hindus, Sikhs, Buddhists, Jains, Parsis and Christians refugees -- from Pakistan, Bangladesh and Afghanistan holding long-term visas (LTVs) -- will have to disclose their religion in the bank's KYC forms.

World+Biz / Top News

India / Indian Citizen

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