Categories: Banking

IDBI Bank launches video KYC facility for opening savings bank accounts

IDBI Bank announced the launch of video KYC account opening (VAO) facility for savings bank accounts. Through the facility, a customer can open a savings account with the lender from the convenience of his/her home or office as there are no physical forms to be filled or visits to be made to the branch.

WARRIOR 4.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

What is Video KYC?

Video KYC is a quick and easy way to open a 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.

Important takeaways for all competitive exams:

  • IDBI Bank CEO: Rakesh Sharma.
  • IDBI Bank Headquarters: Mumbai, Maharashtra.

Find More Banking News Here

Sumit Arora

Recent Posts

Who is Known as the Father of Chemistry?

The title "Father of Chemistry" is commonly given to Antoine Lavoisier, a French scientist who…

6 hours ago

What is the Old Name of Yamunanagar District of Haryana?

Haryana is a state in northern India, known for its rich culture, history, and agricultural…

9 hours ago

Operation Tamarisk The Cold War’s Secret Garbage War

Operation Tamarisk was a covert intelligence operation that took place during the Cold War, a…

9 hours ago

Breyten Breytenbach, Renowned South African Writer, Dies at 85

Breyten Breytenbach was a South African-born poet, memoirist, and former political prisoner known for his…

9 hours ago

Alphabet Gets CCI Nod to Invest in Flipkart

The Competition Commission of India (CCI) has granted approval to Alphabet Inc.'s subsidiary, Shoreline International…

9 hours ago

GST Collection on Health and Life Insurance

The Union Government collected ₹16,398 crore as GST from health and life insurance services in…

10 hours ago