Axis Bank, India’s third largest private sector bank, has launched first of its kind ‘e-KYC’ facility in 1000 branches across 400 centers. Axis Bank is the first organization in India to introduce biometric based eKYC offering convenience, speed & ease to Aadhaar-registered individuals to open bank accounts. eKYC is a paperless, instantaneous and secure facility, which has been approved by Ministry of Finance, Government of India, that would enable Aadhaar registered individuals to walk up to a branch and open an account by merely providing his Unique Identification Number and scanning his fingerprints.
Meanwhile, the Bank has tied up with VISA to launch eKYC in its branche. Visa’s technology will enable instant paperless account opening, saving time and costs to bring banking to the doorsteps of hundreds of millions of Indians with Aadhaar. The bank plans to extend the eKYC facility to over 2000 branches across India by end of October 2013.
Axis Bank is the third-largest private sector bank in India. As on June 30, 2013, it had a network of 2021 branches including extension counters and 11,488 automated teller machines (ATMs) across the country.
Meanwhile, the Bank has tied up with VISA to launch eKYC in its branche. Visa’s technology will enable instant paperless account opening, saving time and costs to bring banking to the doorsteps of hundreds of millions of Indians with Aadhaar. The bank plans to extend the eKYC facility to over 2000 branches across India by end of October 2013.
Axis Bank is the third-largest private sector bank in India. As on June 30, 2013, it had a network of 2021 branches including extension counters and 11,488 automated teller machines (ATMs) across the country.
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