e-KYC

Kalupur Bank has Started Aadhaar authentication and e-KYC Services

Aadhaar Authentication is a process by which Aadhaar number along with Aadhaar holder’s personal information (biometric/demographic) is submitted to UIDAI and UIDAI responds only with a “Yes/No”. The purpose of authentication is to enable Residents to provide their identity and for the service providers to supply services and give access to the benefits.NSDL e-Gov also provides e-KYC services of UIDAI to entities whereby the KYC details of a Resident like Name, Address, Date of Birth, Gender, Photograph, Mobile No., e-mail ID (if available) are provided by UIDAI in a secured manner to the end user.

Aadhaar authentication and e-KYC services are available to different sectors of the industry ranging from Banks, Insurance companies, Government Organizations, Passport Offices, Airports, Depository Participants, Payment Gateway Provider, etc

Some of the benefits of Aadhaar authentication and e-KYC:

  • Promotes paperless environment
  • No risk of forged documents
  • Authorization of Resident thereby protecting Resident privacy
  • Compliant with latest standards notified in IT, Amendment Rules 2011
  • Real time and instantaneous results
  • Elimination of paper verification, movement and storage
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