Monday, 29 July, 2024

SBI launches video KYC-based account opening

<p>The SBI has launched a video KYC-based account opening feature which is completely paperless and contactless. A person can open a bank account without visiting a branch using the digital process powered by AI and Facial Recognition Tech. One has to download the YONO app, click on &#39;New to SBI&#39;, and select &#39;Insta Plus Savings Account&#39;. Once the Aadhaar details are entered and authenticated, he/ she has to schedule a video call to complete the KYC.</p>