BANKING AFFAIRS

Detailed explanation-1: -To be eligible for an eKYC application, you must have your Aadhaar number. This is issued to you by the Unique Identification Authority of India (UIDAI) and will be authorised per request and on explicit consent. Unfortunately, without an Aadhaar number, you can’t proceed with eKYC application or registration.

Detailed explanation-2: -e-KYC is possible only for those who have Aadhaar numbers. While using e-KYC service, you have to authorise the Unique Identification Authority of India (UIDAI), by explicit consent, to release your identity/address through biometric authentication to the bank branches/business correspondent (BC).

Detailed explanation-3: -The process, called e-KYC, can be done quickly, using your Aadhaar number to verify your identity, address and so on. The Aadhaar eKYC method is an ideal way to complete the process because you will not need to provide multiple documents, take photocopies, self-attest them and so on. The process is also much faster.

Detailed explanation-4: -Why don’t you allow KYC with Govt id other than Aadhaar? We allow KYC with other documents also. You can choose Passport, Driving license, Voter id or NREGA card. Aadhaar is not mandatory.