Saving account through Video KYC shall be opened and ready for use within a maximum of ..... days from date of account opening request.

BANKING GENERAL KNOWLEDGE

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Saving account through Video KYC shall be opened and ready for use within a maximum of ____ days from date of account opening request.

A	2 days
B	7 days
C	3 days
D	15 days

Explanation:

Detailed explanation-1: -Click on the link to start your Video KYC. The calls can be made anytime between 10 am to 8 pm on all days other than Sundays and Public Holidays.

Detailed explanation-2: -Video KYC is a quick and easy way to open savings account from the comforts of your home. It ensures that the online journey for opening savings account remains safe, simple, and fast eliminating the need to visit the branch for KYC.

Detailed explanation-3: -Restrictions: However, the maximum balance of an e-KYC account usually cannot exceed ₹1, 00, 000. Additionally, you cannot add more than ₹2, 00, 000 in a financial year to such a minimum KYC bank account. A minimum KYC bank account can be used for a year, after which Full KYC needs to be completed to continue using it.

Detailed explanation-4: -It takes 10-15 working days for KYC to get processed and registered with the KRA. You can check your KYC status here.

There is 1 question to complete.