A. The frequency with which banks request updated Know Your Customer (KYC) documentation varies by customer based on their risk classification. The banks classify consumers as low-risk, medium-risk, or high-risk. According to the RBI, low-risk consumers should be required to update their KYC information every ten years, medium-risk customers every eight years, and high-risk customers every two years. This would require identification and address verification. Customers who are minors must submit a new photo upon reaching their majority.