KYC & AML Policy

At ReddyGro777, we prioritize transparency, security, and compliance in every aspect of our operation. This Know Your Customer (KYC) and Anti-Money Laundering (AML) Policy forms part of our core commitment to promoting responsible, lawful, and secure online betting in India.

The purpose of this policy is to ensure that every player engaging with ReddyGro777 is properly verified and that all financial transactions are monitored to prevent money laundering, identity fraud, and other unlawful activities.

ReddyGro777 operates as a digital gaming and betting platform where users can participate in sports betting, live casinos, and virtual games using a secure online betting ID.

To maintain integrity, fairness, and compliance, we follow strict KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures as mandated by Indian law.

These procedures align with:

• The Prevention of Money Laundering Act (PMLA), 2002
• The Information Technology Act, 2000
• The Digital Personal Data Protection Act, 2023
• Reserve Bank of India (RBI) KYC Guidelines
• Financial Action Task Force (FATF) Recommendations

Our goal is to safeguard users and the platform against fraudulent or illicit financial activity while ensuring a trusted environment for lawful entertainment.

The objectives of this policy are to:

• Verify the true identity of every player before enabling financial transactions.
• Prevent the use of ReddyGro777 for money laundering or terrorist financing.
• Establish clear standards for record-keeping and reporting of suspicious activity.
• Ensure compliance with Indian financial regulations.
• Promote responsible and transparent gaming practices.

KYC (Know Your Customer) is a regulatory process that verifies a user’s identity and address to ensure that services are not misused for illegal activities.

Every registered user on ReddyGro777 must complete KYC verification before they can:

• Deposit or withdraw funds
• Claim bonuses or rewards
• Participate in tournaments or high-stake events

The KYC process ensures that:

• Each player is who they claim to be
• The platform remains compliant with national anti-fraud and AML standards
• Transactions are traceable and accountable

To comply with KYC requirements, ReddyGro777 collects the following information during registration and verification:

• Full name
• Date of birth
• Contact Number
• Email Address
• Residential Address

Incomplete or inaccurate information may result in account suspension.

• Aadhaar Card.
• PAN Card
• Passport
• Voter ID
• Driver’s License

• Recent Utility Bill (within 3 months)
• Rent Agreement
• Bank Statement
• Aadhaar Card (if not used for identity proof)

• Linked bank account
• UPI ID or wallet information (for deposits/withdrawals)

All documents are securely stored in encrypted format and used solely for verification and compliance purposes.

KYC Verification Process

Step 1: Document Submission

Users must upload scanned or photographed copies of the required KYC documents through the secure verification portal.

Our compliance team manually verifies:

• Document authenticity
• Match between identity and account details
• Absence of duplication or fraud

Once documents are approved, the user receives confirmation via email or SMS, and full access to deposit and withdrawal features is granted.

Rejection or Re-Verification

In case of discrepancies, unclear documents, or mismatched data, users may be asked to resubmit KYC documents.

Anti-Money Laundering (AML) refers to the policies and controls designed to prevent the platform from being used for money laundering, terrorist financing, or other illegal financial transactions.

ReddyGro777 maintains a zero-tolerance policy against any form of suspicious or unlawful activity.

We actively monitor:

• Unusual deposits or withdrawals
• Rapid transactions inconsistent with betting behavior
• Accounts linked to known fraudulent activities

Our AML framework adheres to the following Indian and international standards:

• Prevention of Money Laundering Act (PMLA), 2002
• The Prevention of Terrorism Act (POTA), 2002
• Financial Intelligence Unit – India (FIU-IND) guidelines
• RBI & SEBI circulars on AML
• FATF (Financial Action Task Force) recommendations

Customer Due Diligence (CDD) is the process of verifying the identity of users and assessing their risk profile.

We apply three levels of CDD:

For low-value or limited transactions — minimal verification required.

For regular players and verified accounts — full KYC and document validation mandatory.

For high-value accounts or suspicious users — additional verification, source-of-funds checks, and monitoring.

We continuously monitor all user transactions for irregular patterns.

Key risk indicators include:

• Multiple accounts linked to the same device/IP
• Frequent high-value deposits or withdrawals
• Repeated small transactions intended to avoid detection
• Funds transferred between users without valid reason
• Large winnings followed by immediate withdrawal

Any suspicious behavior triggers an internal review and may be reported to FIU-IND (Financial Intelligence Unit – India).