The Influence of CKYC (Central Know Your Customer) on Motor Bike Insurance!

Central know your customer, a centralised repository of KYC (Know your customer) records for the financial sector in India, aimed at increasing customer due diligence and preventing money laundering and fraud. When it comes to motor bike insurance, several elements influence the premiums you pay and the coverage you receive.

One such factor that has gained prominence in recent years is central know your customer. Let’s walk through and understand the influence of central know your customer on motor bike insurance with kotak bike insurance.

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