KYC & Anti-Money Laundering Policy

Evam Finance follows the Reserve Bank of India's Master Direction — Know Your Customer (KYC) Directions, 2016 (as amended) and the Prevention of Money Laundering Act, 2002.

1. Customer Acceptance

• No account is opened in anonymous or fictitious / benami names.
• Borrowers are categorised as Low, Medium or High risk based on profile, business type, geography and product.
• Politically Exposed Persons (PEPs) and high-risk customers receive Enhanced Due Diligence (EDD).

2. Customer Identification

Identity and address are verified using Officially Valid Documents (OVDs) — Aadhaar (with consent), Passport, Driving Licence, Voter ID, NREGA Job Card or Letter issued by NPR. For entities, Certificate of Incorporation, PAN, GST registration and Board resolution are obtained.

3. Customer Due Diligence (CDD)

CDD is conducted at onboarding, periodically (annually for High risk, every 2 years for Medium, every 10 years for Low), and on trigger events such as a change in beneficial ownership.

4. Monitoring of Transactions

All transactions are monitored on a risk-sensitive basis. The Principal Officer reports Suspicious Transaction Reports (STRs), Cash Transaction Reports (CTRs), Counterfeit Currency Reports (CCRs) and Cross-Border Wire Transfer Reports to FIU-IND within the stipulated timelines.

5. Record Keeping

All customer records and transaction records are preserved for at least 5 years from the date of cessation of the relationship or the date of transaction, as applicable.

6. Governance

• Designated Director (PMLA): [TO BE PROVIDED BY EVAM]
• Principal Officer: [TO BE PROVIDED BY EVAM] · principal.officer@evamfinance.com

7. Training

All employees are trained on KYC, AML and CFT obligations at induction and at least annually thereafter.