Know everything about eKYC- All details mentioned 
                     Know everything about 
eKYC- All details mentioned 
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• We all are utilizing the best in this 
digital era. Be it shopping for clothes, 
groceries, or properties, everything and 
anything can be shopped online. By 
sitting at home your bank accounts can 
be open and you can get your identity 
verified by eKYC.
• eKYC- Electronic Know Your Customer is 
an easy identification and user 
verification process done online. It 
allows activity in all the sectors related 
to health and wealth. Let’s know 
everything about it.
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It is a complete digital transformation…
• Well, KYC has turned into eKYC and hence made the whole process digital. You don’t 
need to visit any branch. The business or the economic agents have got a big relief 
experiencing drastic change and comfort with digitalization. All the established 
businesses have digitized the process and have started utilizing the technology. You 
will be asked to upload the scanned copy of the documents and your signature 
online then the process will be done further
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Why Electronic KYC?
Well, not just one but there are so many reasons why one should turn to 
eKYC. Every industry is thriving to turn the traditional KYC into electronic. This 
is because of the myriad advantages it brings. Let’s know some of them:
• Save nature with this paperless process: well, instead of using so many 
papers for photocopy or other things. You can directly upload your original 
scanned copy online.
• Save time and money by getting the process done at home: the best part of 
eKYC is you can get the verification done by sitting at home. You don’t need 
to visit any branch thus taking your fuel and time.
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• No traditional bureaucracy method is needed: why stay dependent on the 
old method when you have the new and smarter one? Drop the idea of 
traditional KYC.
• No falsification of identity and signatures: You will be having a video call 
process and have to upload your signatures, thus no one else can do that. 
There is no space for any forged signatures.
• Eliminate any kind of phishing: with the reduction in the falsification of 
identity and signatures, the scope for crime has reduced to the next level.
• Zero margins for commissions: you don’t need to give any commission to 
any assistant or branch person to let your work be done on an early basis or 
for early appointments. You will be done with the KYC online.
Hence, eKYC is an outstanding step bringing so many benefits in one go.
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