Millennium Post
Business

OBC launches e-KYC services

State-owned Oriental Bank of Commerce on Sunday introduced the e-KYC (electronic know your customer) facility, which instantly verifies a customer's identity and address proof after the Aadhaar number is keyed in to the system. With this service, a customer can open an account with the bank without any hassles, OBC said in a statement. A customer needs to provide only his/her Aadhaar number and to scan one of his/her enrolled fingertips at biometric device available at branches, it said.

This will provide customer, a comfort to quickly open an account with online authentication of his or her Aadhaar number using e-KYC service of UIDAI, it said, claiming OBC is first public sector bank to offer this service. The bank launched this service in coordination with
NPCI and UIDAI.
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