The proposals intend to relax the India geo-tagging requirement for Non- Resident Indian (NRI) clients undergoing digital re-KYC or KYC modification processes through the Video Client Identification Process (V-CIP). The current Master Circular on KYC mandates geo-location tagging to ensure the physical location of the client is in India during digital on-boarding. The proposed modification allows existing NRI clients to complete their re-KYC/KYC modification digitally even when they are outside India. However, V-CIP application must still capture the GPS location (latitude and longitude) of the client and verify that it matches the country provided in client Proof of Address.
