KYC is a banking process to verify the customer’s identity before starting a business relationship. Subsequently, vKYC, also known as Video KYC, is the process through which consumers easily verify their KYC documents using an automated digital interface through video calling.
So if you want to understand the key features and process to complete your vKYC Axis Bank process, keep reading through the following sections.
What Is Axis Bank vKYC?
Axis Bank has launched its video-based Customer Identification Process (V-CIP) for various Digital Savings Accounts. Through this vKYC process, Axis Bank will start a video call with the customer to verify their Officially Valid Documents (OVD), including PAN Card and Aadhaar Card, Voter ID or Passport.
Note the following to ensure the successful verification of your details during the Axis Bank vKYC account opening process.
- Ensure high-speed internet connectivity since the video call requires clarity in the image quality for identification
- Your device must support location services for geo-tagging
How to Do Axis Bank vKYC?
You can complete vKYC Axis Bank at the time of account opening using the following steps.
- Step 1: Verify your identity using your PAN, Aadhaar or Voter ID and mobile number.
- Step 2: Complete your profile information to share your self, family and address details to set up your account.
- Step 3: Submit your details for Axis Bank Video KYC.
After completing your profile information, the vKYC page opens. A bank representative will ask you a few questions on the video call to verify your identity.
He/she will capture a live photo screenshot and verify your PAN card details on the call. In case of any issues in video or audio, you can complete your video KYC again from the initiation screen.
When Is Axis Bank vKYC Required?
Axis Bank requires you to provide your KYC details during the account opening process or while issuing an Axis Bank credit card. You can complete your KYC process online through the bank’s video facility or visit your nearest Axis Bank branch to complete your KYC account verification.
Documents Required to do Axis Bank vKYC
Besides a blue/black pen and a stable data connection, the following documents are required to complete your video KYC verification process at Axis Bank.
- PAN Card
- Any 1 of the following:
- Aadhaar Card
- Voter ID Card
- Passport
Axis Bank vKYC Timings
You can complete your video KYC process at Axis Bank for account opening on business days during working hours, starting from 9 AM to 8 PM.
However, Axis Bank credit card vKYC is available 24/7 hassle-free.
Final Word
With the help of the Axis Bank vKYC feature, you can conveniently complete your KYC details and verify your documents on a video call with Axis Bank’s agent. Follow the above-mentioned step-by-step instructions to successfully undergo the vKYC Axis Bank verification process via video call, no matter your location.
Frequently Asked Questions
With Axis Bank vKYC, your KYC verification takes place within 3 minutes, after which you will access full KYC benefits at your Axis account.
Yes, you can avail the Axis Bank vKYC online facility at your convenience for credit cards. However, for account opening, the vKYC facility is available only during the weekdays.
After completing your Axis Bank KYC process, if you have not initiated funding, your account shall be kept in the dormant stage for 72 hours until you fund your account. However, your application will expire if you fail to complete account funding within 72 hours.
Disclaimer
This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.
