What is Aadhaar e-KYC for Micro ATM| e-KYC process | Benefits,
uses, of e-KYC Aadhaar
Know your customer (KYC) services has been provided by UIDA
Unique Identification Authority of India in coming days KYC Know your customer
documents (Identity proof ,address proof) through
e-KYC API specified documents
are linked together and produced by UIDAI only.
E-KYC process can be performed by electronically, in this
e-KYC process every Indian individual resident authorized UIDAI (through Aadhar
Authentication) to provide their basic demographic data for proof of identity
(POI) and proof of address (POA) along with their photograph (digitally
signed).
KYC services from UIDAI will starts may be in coming days
and Aadhaar UIDAI specified in API KYC
document for “
Micro ATM” each and every eligible person should be benefited by
Aadhaar enabled micro atm/Bank account, to avail subsidiaries form state,
central Government schemes, and get all products with the e-KYC documentation.
 |
How to apply for 'micro atm' with Aadhaar e-KYC |
In this way e- KYC process should avoid the paper storage
risk and maintenance of documents also very easy for Banking, Financial
institutions, and Telecom service.
Up to know Banks and all financial firms, Telecom companies,
taking as KYC (Know Your Customer) documents like id proof (voter id, pan card,
ssc memo) and address proof ( voter id, ration card, gas bill, passport..Etc),
as indentify of each individuals, they are taking these documents as a hard
copy, zerox, and kept its aside, this is the most typical way to handle
documents for a long time.
Now onwards this scenario is completely changed Aadhaar
card/e-Aadhaar Letter, is enough as an e-KYC document in all Financial,
Telecom, Banking, and Government sectors, this e-KYC document can be accepted
in the form of soft copy, no need to carry hard copy so in this way banks and
all forms maintain e-KYC documents easily, Aadhaar enabled e-KYC documents will
bring more convenient for all service provider companies
Benefits of e-KYC:
With e-KYC documents avoid the risk to manage large number
of documents for long time.
Save the paper through e- KYC document no need any (hard)
zerox copy to produce anywhere.
E-KYC document should eliminate the risk of physical
maintenance of documents.
The Aadhaar e-KYC document lots of uses it’s enabled with
micro atm’s including digitally signature of customer.
Keywords:
e- KYC for Banks
6 Comments
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