HomeNewsBusinessPersonal FinanceExplained | Here’s how RBI-permitted video KYC works for bank customers

Explained | Here’s how RBI-permitted video KYC works for bank customers

In this edition of the Explained series, find out how new customers can use video KYC for opening a bank account

August 13, 2020 / 17:41 IST
Story continues below Advertisement

Banks are adopting video platform technology to onboard new customers and for completing Know Your Customer (KYC) process.

The KYC process is mandatory for full-fledged banking, as per Reserve Bank of India (RBI) guidelines.

Story continues below Advertisement

In this edition of the Explained series, find out how new customers can use video KYC for opening a bank account.

Watch the video for more.

Moneycontrol News
first published: Aug 13, 2020 05:41 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!