E-Know Your Customer
Overview
- E-KYC refers to Electronic Know Your Customer
- Unlike conventional KYC, eKYC uses Aadhaar based authentication to confirm the credentials of a customer.
- UGB has launched the Aadhaar based eKYC mode of account opening service aimed at financial inclusion.
- With the launch of this service, we have eliminated strenuous filling of account opening forms.
- For opening of account, customer needs to provide his/her Aadhaar number and authenticate using fingerprint.
- Details available with Aadhaar are fetched to the account opening form
- Customer needs to provide additional information like nominee
Features
- The account is opened instantly without filling any form
- Passbook and ATM card will be available from the branch
- Available through all our branches, Kiosks and Tablet Agents
