Ovd full form: All legal information regarding the

All legal information regarding the current address and legal name of a person is available in OVD . Hence the bank asks to provide the OVD to make the KYC process easy. Rule 2 (d) introduces the concept of Officially Valid Documents ( OVDs ) within these rules. These documents serve as the standard benchmarks of identity and address verification across sectors. Letter issued by the National Population Register containing details of name and address. If the OVD does not have updated address, the following Deemed OVD ’s can be submitted for the limited purpose of proof of address, which is valid for 3 months. OVD full form in banking refers to the officially valid documents. These documents are used for KYC for identity and address verification.