Know everything about eKYC- All details mentioned
FR • We all are utilizing the best in this digital era. Be it shopping for clothes, groceries, or properties, everything and anything can be shopped online. By sitting at home your bank accounts can be open and you can get your identity verified by eKYC. • eKYC- Electronic Know Your Customer is an easy identification and user verification process done online. It allows activity in all the sectors related to health and wealth. Let’s know everything about it.
Add a footer
2
FR
It is a complete digital transformation… • Well, KYC has turned into eKYC and hence made the whole process digital. You don’t need to visit any branch. The business or the economic agents have got a big relief experiencing drastic change and comfort with digitalization. All the established businesses have digitized the process and have started utilizing the technology. You will be asked to upload the scanned copy of the documents and your signature online then the process will be done further
Add a footer
3
FR
Add a footer
4
Why Electronic KYC?
FR
Well, not just one but there are so many reasons why one should turn to eKYC. Every industry is thriving to turn the traditional KYC into electronic. This is because of the myriad advantages it brings. Let’s know some of them: • Save nature with this paperless process: well, instead of using so many papers for photocopy or other things. You can directly upload your original scanned copy online. • Save time and money by getting the process done at home: the best part of eKYC is you can get the verification done by sitting at home. You don’t need to visit any branch thus taking your fuel and time.
Add a footer
5
FR • No traditional bureaucracy method is needed: why stay dependent on the old method when you have the new and smarter one? Drop the idea of traditional KYC. • No falsification of identity and signatures: You will be having a video call process and have to upload your signatures, thus no one else can do that. There is no space for any forged signatures. • Eliminate any kind of phishing: with the reduction in the falsification of identity and signatures, the scope for crime has reduced to the next level. • Zero margins for commissions: you don’t need to give any commission to any assistant or branch person to let your work be done on an early basis or for early appointments. You will be done with the KYC online. Hence, eKYC is an outstanding step bringing so many benefits in one go. Add a footer
6
FR
Add a footer
7