KYC & Verification Policy

KYC & Verification Policy

KYC & Verification Policy

BUSINESSLINE.CO.IN

KYC & VERIFICATION POLICY

केवाईसी एवं सत्यापन नीति

Effective Date: June 2026

1. Purpose

BusinessLine may verify the identity of Vendors and Affiliates to:

  • Prevent fraud

  • Comply with laws

  • Protect customers

  • Ensure payout security

2. Vendor Verification

Individual Vendor

Required documents may include:

  • Aadhaar Card

  • PAN Card

  • Bank Account Proof

  • Mobile Verification

  • Email Verification

Business Vendor

Required documents may include:

  • PAN

  • GST Registration (if applicable)

  • Business Registration Documents

  • Bank Account Proof

  • Authorized Signatory Proof

3. Affiliate Verification

Affiliates may be required to provide:

  • Aadhaar Card

  • PAN Card

  • Bank Details

  • UPI Details

  • Mobile Verification

4. Payout Restrictions

BusinessLine may withhold payouts until:

  • KYC is completed

  • Identity is verified

  • Fraud checks are completed

5. Reverification

BusinessLine may request updated documents periodically.

6. False Information

Submission of:

  • Fake Documents

  • Forged Records

  • Incorrect Information

may result in:

  • Account suspension

  • Commission forfeiture

  • Permanent termination

7. Data Security

KYC documents shall be stored using reasonable security measures and used only for legitimate business and legal purposes.

8. Retention

BusinessLine may retain verification records as required by applicable law.

9. Governing Law

Jurisdiction: Bilaspur, Chhattisgarh.

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