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  • Business
  • IDBI Bank Launches Video KYC Account Opening (VAO) Facility for Savings Bank Accounts

    By NE Reporter on January 5, 2021

    MUMBAI:
    IDBI Bank has announced the launch of Video KYC Account Opening (VAO) facility for Savings Bank Accounts. VAO is a completely contactless and paperless mode of on-boarding the customer and tailor made for the demands of post pandemic world. Through VAO, a customer can open a savings account with IDBI Bank from the convenience of his/her house or office as there are no physical forms to be filled and no visits to be made to the branch for opening one’s Savings Bank account.

    Suresh Khatanhar, Deputy Managing Director, IDBI Bank inaugurated a centralized Video-KYC hub at Mumbai.

    Suresh Khatanhar, Deputy Managing Director, IDBI Bank said “VAO – Video KYC Account Opening is yet another step in creating more digital journeys benefiting the customers. This comes close on the heels of the “I Quick” mobile app based account opening and “WhatsApp Banking” facilities the Bank had launched recently. The Bank is endeavouring to make more such customer friendly digital conveniences available for customer delight”.

    NE Reporter

    contactlessI QuickIDBI BankpaperlessSavings Bank AccountsVideo KYC Account OpeningWhatsApp banking

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    • Messi Meets India’s Champions: Adidas Star Athletes Unite at Purana Qila
    • Helios Luxe Announces the India Debut of Auguste Reymond
    • Bharti Airtel Announces Leadership Changes
    • Amrita Hospital, Kochi to Host Indian Myeloma Congress 2026
    • Only the Earth Knows their Labour: Biennale Artist Birender Yadav’s Silent Kiln of Memory

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