Indian Bank Online Account Opening Video KYC: A Comprehensive Guide

In today's fast-paced world, convenience and efficiency are paramount. Indian Bank has recognized this need and introduced an innovative online account opening process with video KYC (Know Your Customer), enabling customers to open an account remotely without visiting a branch. This detailed guide will provide you with a comprehensive understanding of the process and assist you in opening an account through Indian Bank's online platform.

Understanding Indian Bank's Video KYC

Video KYC is a digital verification process that allows banks to verify customer identity and address electronically. Indian Bank utilizes a secure video conferencing platform to facilitate this process.

Pre-Requisites for Account Opening

Before initiating the online account opening process, ensure you have the following:

• Aadhaar card (linked to your mobile number)
• PAN card
• Good internet connectivity
• Webcam and microphone-enabled device

Step-by-Step Guide to Video KYC Account Opening

1. Visit Indian Bank's website: Navigate to the official website of Indian Bank (https://www.indianbank.in).

   

2. Click on "Open an Account": Locate the "Open an Account" button on the homepage and click on it.

   

3. Select Account Type: Choose the type of account you wish to open.

   

4. Enter Aadhaar Number: Enter your 12-digit Aadhaar number and click on "Proceed."

5. Demographic Verification: The platform will auto-fill your name, address, and other details linked to your Aadhaar. Verify these details carefully and make any necessary corrections.

6. Video KYC: You will be connected to a bank official via video call. Present your original PAN card to the official for verification.

7. Face Verification: The official will ask you to move your face in different directions to capture a clear image for facial recognition.

8. Address Verification: You will be asked to show your surroundings, including the house number and street name, to verify your address.

9. Form Submission: Once the video KYC is complete, review and confirm the details. Submit the application form digitally.

10. Account Number Generation: Indian Bank will process your application and generate an account number within a few minutes.

Additional Information:

• You can track the status of your account opening application by logging into the bank's online portal.
• Indian Bank charges a nominal fee for online account opening with video KYC.
• The video KYC process usually takes 10-15 minutes to complete.

Benefits of Indian Bank's Online Account Opening with Video KYC

• Convenience: Open an account anytime, anywhere, without visiting a branch.
• Time-saving: The entire process can be completed in under 30 minutes.
• Secure: Indian Bank utilizes advanced security measures to protect customer data.
• Hassle-free: No need to submit physical documents or wait for account activation.

FAQs Regarding Indian Bank's Online Account Opening Video KYC

Q: Can I open a joint account through video KYC?
A: No. Joint accounts cannot be opened through video KYC.

Q: How long does it take for my account to become active?
A: Your account will become active within 24 hours of successful KYC verification.

Q: What if I have a poor internet connection during video KYC?
A: Ensure a stable internet connection before initiating the video KYC process. If the connection is lost during the call, you may need to restart the process.

Stories to Illustrate the Convenience of Indian Bank's Online Account Opening with Video KYC

Story 1:

Meet Jay, a young entrepreneur who was constantly traveling. He needed a bank account to manage his business finances, but the thought of visiting a branch and enduring long queues deterred him. However, Indian Bank's online account opening with video KYC came to his rescue. Jay opened an account within minutes while sitting in the comfort of his hotel room.

Learning: Convenience is key for busy individuals who value their time.

Story 2:

Imagine Sarah, a stay-at-home mom with two toddlers. She had always wanted to open an account with Indian Bank but couldn't find time to visit a branch. With Indian Bank's video KYC, she was able to open an account during her children's nap time, without any hassle.

Learning: Online banking solutions empower individuals with busy lives.

Story 3:

John, a tech-savvy senior citizen, was apprehensive about using online banking. However, Indian Bank's video KYC feature made it easy for him to open an account. The bank official patiently guided him through the process, making him feel comfortable and secure.

Learning: Technology can bridge the gap between generations and make banking accessible to everyone.

Tables for Reference

Table 1: Key Statistics on Online Account Opening in India

Table 2: Comparison of Indian Bank's Video KYC with Traditional KYC

Table 3: Effective Strategies for Successful Video KYC

Conclusion

Indian Bank's online account opening with video KYC is a transformative service that offers convenience, security, and time-saving benefits. By leveraging this state-of-the-art technology, you can open an account from anywhere, at any time, without compromising on security. Embrace the power of digital banking and experience the seamlessness of opening an account with Indian Bank today.