Start learning →

KYC of a medium risk customer must be updated at least once in:

ASeven years
BEleven years
CEight years
DThree years
Answer & Solution
Correct answer: C. Eight years
1. The three tiers run two, then this, then ten years. 2. Medium risk sits between high and low. 3. The interval is eight years. _Source: Reserve Bank of India (Commercial Banks - Know Your Customer) Directions, 2025_
Practise this question with Quill — IBPS Clerk →

Keep practising Banker-Customer Relationship

Browse all Banker-Customer Relationship questions for IBPS Clerk, or explore more Banking Awareness topics.

Start a Banker-Customer Relationship lesson →