Bajaj Finserv KYC Update | Quick & Simple Updated Guide

Key takeaways
 

• Complete your Bajaj Finserv KYC update, as it is essential to keep your account, EMI card, wallet, and loan services fully active without transaction blocks.
   
• You can finish the Bajaj Finserv KYC update online quickly through the app or website by uploading Aadhaar, PAN, and address proof.
   
• If you prefer the Bajaj Finserv KYC update offline option, you can visit a nearby Bajaj Finserv KYC centre. It ensures smooth completion with physical document submission.
   

Bonus Tip: Use Bajaj Finserv’s Video KYC (vKYC) option for updating your KYC,  it’s completely digital, secure, and avoids any branch visits. 

Meet Ananya, a mid-twenty-something software engineer in Bengaluru, debugging code in her favourite hoodie, sipping on her favorite chai latte. One fine morning, she realised she couldn’t proceed with her EMI payment on the Bajaj Finserv app. The pop-up read: “Please complete your Bajaj Finserv KYC update to continue transactions.” 

According to official information, keeping your KYC updated ensures uninterrupted services and safer financial transactions. That’s because the company requires a proper KYC check to comply with regulations (like Reserve Bank of India norms) and to make sure you’re really you. For Ananya, the Bajaj Finserv KYC update meant both the Bajaj Finserv KYC update online and possibly the Bajaj Finserv KYC update offline (if she wanted to visit a branch) were available. 

Why worry? Because if you skip it, transactions may be restricted until you comply. So for Ananya, this step was non-negotiable. She set off on a mission: to complete her Bajaj Finserv KYC update online (and offline if needed). 

What Is Re-KYC / KYC Update in Bajaj Finserv

In Ananya’s case, her KYC had been done when she first got a loan card, but now, since several years had passed, the account flagged “re-KYC needed”. Re-KYC basically means you’re being asked to refresh your identity and address proof, just like updating your resume when you get a new job (or new skills). Here’s a quick breakdown:
 

For Ananya, re-KYC meant no more “Authorisation Failed” when she tried to use her wallet after office. She sighed, “Dilli Abhi Door Hai…” until she finished the process.

Channels for Bajaj Finserv KYC Update (Online & Offline)

Ananya used her laptop and phone in Bengaluru, but she also had the backup of a branch visit if needed. Here are her two main channels:

Online Channel (Bajaj Finserv KYC update online)

You can easily complete your KYC online by following these steps:
 

• Log in to the app or website of Bajaj Finserv. 
   
• Navigate to the ‘KYC Update’ or ‘Profile / KYC’ section.
   
• Upload documents like Aadhaar, PAN, address proof, or use e-KYC.
   
• Get confirmation via SMS/email.

This is what Ananya used, sitting in her chair, sipping on her tea.

Offline Channel (Bajaj Finserv KYC update offline)

If you prefer to complete your KYC in person, follow these steps:
 

• Visit the nearest Bajaj Finserv KYC centre or branch.
   
• Fill out the physical KYC form, attach self-attested copies of documents (proof of identity, address, etc.)
   
• Submit and wait for verification.

If Ananya’s upload didn’t work (e.g., due to a bad photo or something), she knew she could fall back offline.
 

Required Documents for Bajaj Finserv KYC Update

Here’s a quick and friendly guide to the documents you’ll need, just like Ananya prepared hers before starting the process.
 

Keep these documents handy so your Bajaj Finserv KYC update feels smooth and stress-free. A little preparation upfront saves you from verification delays later!

Step-by-Step Process for Bajaj Finserv KYC Update

Here’s how Ananya completed her Bajaj Finserv KYC update online (offline if needed):

• Login: She opened the Bajaj Finserv app, then tapped “Profile,” and then selected the “KYC Update” option.
   
• Verify Mobile & OTP: Her registered mobile number got an OTP; she entered it.
   
• Upload Documents: She uploaded her Aadhaar, PAN, and address proof with a clear scan.
   
• Submit: She tapped ‘Submit’.
   
• Confirmation: Received SMS “Your KYC has been verified” within 48 hours.
   
• Check Status: She logged in again to check “KYC Verified” in the status section.
   

Offline fallback: If she had issues, she would have to visit a branch, fill out a form, submit documents, and get an acknowledgement.

Tips and Best Practices for Bajaj Finserv KYC Update

To avoid drama like “Transaction rejected!”, Ananya kept these pointers in mind:
 

• Keep your mobile number updated (same as Aadhaar) so OTPs reach you.
   
• Ensure document scans are clear, not blurred or folded.
   
• Match the address on proof with what you submit (especially for offline).
   
• Log in from a recognised device (your phone/laptop) for security.
   
• After submission, check the status within 2-3 working days.
   
• If offline, ask for an acknowledgement slip and follow up in case of delay.
   
• Don’t wait for the last minute: regulatory rules (for example, by RBI) could make things stricter.
   
• For Bengaluru residents: You might find a “Bajaj Finserv KYC center near me” via the company website or contact customer support.
   

Conclusion

So there you have it, from Ananya’s Bengaluru-based “office to KYC” sprint to your potential “update my profile” moment. Completion of the Bajaj Finserv KYC update (whether online or offline) is like hitting the “Run” button in your favourite code editor and not getting any errors. Once you’re verified, you can go back to debugging, shopping, investing, and saying “Hurray!!!” when your EMI goes through. So don’t wait, pull up that document scan, get your KYC updated, and let your finances dance freely.

FAQs

How do I update my KYC?
Indian and NRI customers must submit valid ID, address, and tax-related documents for KYC, as banks strictly verify and report compliance to global authorities.

How do I change my name and PAN number in a Bajaj Finance account?
App profile lets you update PAN with a soft copy and name with valid proof, and using DigiLocker makes it easier, just ensure KYC is completed or updates get blocked.

Are transactions blocked if KYC is not completed?
Yes, you must complete your KYC (online or in-store) with Bajaj Finserv so that your card or account becomes fully functional.

How long do I have to wait to avail the offer for online transactions via the Bajaj EMI card?
After completing offline activation or the required first transaction and KYC, online transactions usually become active within a week or so.

What is the status showing after I submit?
You’ll see statuses like “Pending,” “Verified,” or “Rejected.” You can check via the KYC section. 

How long does the Bajaj Finserv KYC update take online?
Usually, a couple of working days, sometimes within 48 hours. 

Can I do the Bajaj Finserv KYC update offline?
Yes, you can visit a centre, fill out a form, and submit the necessary documents. 

What if my documents are outdated?
Upload current ones, ensure they reflect your current address and are valid.

Does updating KYC affect my transactions?
Yes, until KYC is approved, you might face restrictions. After approval, your transactions, EMIs, and wallet operations resume seamlessly.
 

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About the Author

LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.