title = "Periodic KYC Update"

content = """
Banks are required by RBI to periodically update KYC records. Failure
to comply can result in restrictions on the account (e.g. no debit
except for closure, or no new transactions until KYC is updated).

**Trigger:** The bank may request KYC update at intervals (e.g. every
2 years for low-risk customers, or when there is a change in address
or identity). Customer is notified by letter, SMS, or in-app message.

**What to submit:** Fresh identity and address proof as per the bank's
list. If there is no change, re-submission of existing documents or
self-declaration may be accepted as per bank policy. In-person
verification (IPV) may be required.

**Consequences of non-compliance:** After the notice period, the bank
may mark the account as "KYC non-compliant" and restrict operations
until KYC is updated. No new payee may be added, or no high-value
transactions allowed, depending on the bank's policy.

**Pragati Bank:** Customers should respond to KYC update requests
promptly. The retail agent can explain the importance and direct
them to the branch or the prescribed channel for submission.
"""  # noqa: E501

version = "0.0.1"
