Video KYC

Digital savings account opening through Video-KYC

Customers can open Savings Bank at the comfort of their home.

Details of Digital Savings Account through Video-KYC :-

Eligibility

• Resident Indian Individual aged 18 years and above.
• Customer should not have any existing relationship with Bank.
• Customer should have Aadhaar number that is linked to his/her mobile number.
• Customer should possess a PAN Card

Features

• Opened under single name only.
• Nomination facility available.
• Customer will have to successfully complete Video-KYC through Smart phone.
• KYC compliant Account similar to Normal Savings Bank Account.

Benefits

• Account opening from the comfort of Home/Office within 10 Minutes.
• Zero Balance Account.
• Mobile Banking will be activated immediately to enable transactions.
• Rupay Debit Card will be issued.
• SMS alerts are activated immediately.

Process Flow

• Customer updates required details and documents in DISA App.
• Customer Clicks on Video-KYC link
• Bank’s Agent will capture Customer’s PAN, Live Signature and Photo.
• Video KYC Application uses techniques such as facial recognition, Dynamic Verification code, AI enabled OCR, geotagging etc as mandated by RBI directives making it safe and secure KYC process.
• Bank’s concurrent Auditor will verify all the details and Approve the KYC process.
• Account is opened and details are sent to Customer’s Mobile.