What Is Axis Bank vKYC?
Axis Bank vKYC has introduced a Video-based Customer Identification Process (V-CIP) to simplify the KYC process for Digital Savings Accounts. This video KYC (vKYC) method allows customers to verify their identity documents through a video call with a bank representative. During the call, the representative verifies the customer’s Officially Valid Documents (OVD), such as PAN Card, Aadhaar Card, Voter ID, or Passport.
KYC, or Know Your Customer, is a process conducted by financial institutions to authenticate the identity of their customers, in accordance with regulations set by the Reserve Bank of India (RBI). This verification is essential for various banking transactions, including opening a bank account, applying for loans or credit cards, and other financial services.
How to Do Axis Bank vKYC?
To complete your Axis Bank vKYC during the account opening process, follow these steps:
- Verify Your Identity: Use your PAN, Aadhaar, or Voter ID along with your mobile number.
- Complete Your Profile Information: Provide personal, family, and address details to set up your account.
- Submit Your Details for Video KYC: After filling out your profile, you will be directed to the vKYC page. A bank representative will initiate a video call to ask a few questions and verify your identity. They will capture a live photo screenshot and cross-check your PAN card details. If there are any issues with the video or audio, you can restart the video KYC process from the beginning.
Tips for a Successful vKYC
- High-Speed Internet: Ensure a stable, high-speed internet connection for clear video quality.
- Device Location Services: Make sure your device’s location services are enabled for geo-tagging purposes.
When Is Axis Bank vKYC Required?
You will need to complete the vKYC process in the following situations:
- When opening a new account with Axis Bank.
- When applying for an Axis Bank credit card.
Customers have the option to complete their KYC either through the video facility online or by visiting the nearest Axis Bank branch.
Documents Required to do Axis Bank vKYC
To successfully complete your video KYC verification, you will need:
- A PAN Card
- One of the following documents:
- Aadhaar Card
- Voter ID Card
- Passport
- A blue or black pen
- A stable data connection
Axis Bank vKYC Timings
- Account Opening vKYC: Available on business days from 9 AM to 8 PM.
- Credit Card vKYC: Available 24/7.
Final Word
The Axis Bank vKYC feature offers a convenient way to complete your KYC verification from any location through a video call with a bank agent. By following the provided step-by-step instructions and ensuring all necessary documents are ready, you can smoothly and successfully complete the Axis Bank vKYC process.
What is axis bank vkyc for credit card
VKYC for credit cards refers to the Video-KYC process specifically designed for verifying a customer’s identity when applying for a credit card. This process allows individuals to complete their KYC requirements for credit card applications through a video call, making the verification process more convenient and accessible.
1. What is vKYC?
vKYC, or Video KYC, is a process that allows customers to verify their identity online through a video call with a bank representative. Axis Bank uses this method to verify documents such as PAN Card, Aadhaar Card, Voter ID, or Passport.
2. What is Axis Bank vKYC?
Axis Bank vKYC is the bank's video-based Customer Identification Process (V-CIP) for Digital Savings Accounts and credit cards. It allows customers to complete their KYC verification online via a video call.
3. What documents are required for Axis Bank vKYC?
You will need the following documents:
PAN Card
One of the following: Aadhaar Card, Voter ID Card, or Passport
Additionally, ensure you have a blue or black pen and a stable internet connection.
4. How do I complete the Axis Bank vKYC process?
Follow these steps:
Verify your identity using your PAN, Aadhaar, or Voter ID and mobile number.
Complete your profile information by providing personal, family, and address details.
Submit your details for Axis Bank Video KYC. A bank representative will verify your identity and documents during a video call.
5. What should I do if there are issues during the video call?
If there are any issues with the video or audio during the call, you can restart the video KYC process from the initiation screen.
6. When is Axis Bank vKYC required?
Axis Bank requires vKYC during:
Account opening
Issuing an Axis Bank credit card
7. Can I complete vKYC for Axis Bank credit cards at any time?
Yes, the vKYC process for Axis Bank credit cards is available 24/7.
8. What are the timings for completing vKYC for Axis Bank account opening?
The vKYC process for account opening is available on business days from 9 AM to 8 PM.
9. What should I ensure before starting the Axis Bank vKYC process?
Ensure you have:
High-speed internet connectivity
A device with location services enabled for geo-tagging
