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HDFC Netbanking new portal with downgraded UI

KYC= Know Your Customer / Client.

Extended means, financial institution having extra profile details like marital status, medical records, no. of dependents, etc and so on.

Basic KYC is info. about account holder. Extended can have any amount of data as required by that Financial institute. Like your bank if offering medical insurance and you update extended KYC with them can prepare a better plan for you.

Extended KYC has questions based on what firm is looking for. Like an insurance firm can ask you details about other policies in extended. Normally they have medical with them.

So data mining is what all these are.
 
Extended means, financial institution having extra profile details like marital status, medical records, no. of dependents, etc and so on.
I really can't tell you are joking or serious.

I just thought extended kyc means allowing personal details for extended duration (some of the kyc expires fastly and giving extra permission to extend might solve that issue) 😭
 
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