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OBC launches e-KYC facility

By Religare
OBC launches e-KYC facility
Public-sector lender, Oriental Bank of Commerce has launched e-KYC (electronic Know Your Customer) facility, said the media report.

The e-KYC instantly verifies a customer's identity and address proof after the Aadhaar number is keyed in to the system, added the media report.

A customer can open an account with the bank without any hassles, by providing only his/her Aadhaar number and to scan one of his/her enrolled fingertips at biometric device available at branches, OBC said in a statement.

The bank launched this service in coordination with NPCI and UIDAI. Last month, private sector HDFC Bank also launched e-KYC facility.

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