The IndusInd Bank has launched a mobile application based facility where customer can open the current bank account in a paperless manner in just a few hours. Now IndusInd is the first bank in India to introduce this assisted mobile application based facility.
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The app uses multiple application programme interfaces (APIs) which enable secured validation of KYC documents from authorised government platforms such as the Goods and Service Tax (GST), Ministry of Corporate Affairs (MCA), National Securities Depository Limited (NSDL), Import Export Code (IEC) and Aadhaar.
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