To open an online savings account with Bank of India (BOI) using the e-KYC process, you'll first need to log in to the BOI website. The BOI website is available 24/7 for your convenience.
You can find the e-KYC form on the BOI website, where you'll need to fill in your personal details, including your name, date of birth, and PAN number. Make sure to enter these details correctly to avoid any errors.
Once you've filled in the e-KYC form, you'll need to upload the required documents, such as your Aadhaar card and PAN card. The documents must be in PDF format and should not be more than 2 MB in size.
After uploading the documents, you'll receive an OTP on your registered mobile number, which you'll need to enter to complete the e-KYC process. This OTP is usually sent within a few seconds, so be prepared to enter it quickly.
Prerequisites
To fill out the KYC form online with Bank of India, you'll need a few essential documents and tools at your disposal.
First and foremost, you'll need to have your original PAN card handy.
You'll also require your original Aadhaar card.
Additionally, don't forget to have a white sheet of paper and a blue ball pen ready.
Make sure your device is internet-enabled and has a good internet speed, preferably using a mobile device.
How the Process Works
The KYC process for BOI (Bank of India) can be completed online, and it's relatively straightforward.
You can start by making an account on the website of the registered KYC registration agency and offering your personal information, including name, address, and date of birth.
To initiate the online KYC process, you'll need to give your registered mobile number and Aadhaar card number, then use an OTP to confirm them.
Once you've accepted the consent declaration terms for the e-KYC, you'll need to upload a self-attested copy of your e-Aadhaar.
The KYC process is done in two ways: offline and online.
Here's a step-by-step guide to the offline KYC process:
- Filling out the KYC application form by downloading it from your financial institution or insurance provider
- Signing the KYC form and turning it in in person to the appropriate authorities
- Attaching the attested copies of your ID, proof of residency, and passport-size photo
Documents Required
When filling out the KYC form online, you'll need to provide various documents to verify your identity and address. The documents required for the KYC process include identification proof, address proof, income proof, and photographs.
To establish your identity, you'll need documents like a valid passport, driver's license, Aadhar card, or voter ID card. These documents should have your photograph, full name, and date of birth clearly visible.
You'll also need to provide proof of your current address, which can be verified through documents like utility bills (electricity, water, gas), rental agreements, bank statements, and letters from your employer. Make sure the address matches the one provided during registration.
Some institutions may require proof of income to assess your financial status. This can include salary slips, income tax returns, or bank statements showing regular deposits. However, not all institutions may require this.
Typically, two recent passport-sized photographs are needed for KYC purposes. These photographs should be clear, with your face visible, and without any obstructions like sunglasses or hats.
Here's a list of some of the documents you may need to provide:
- Identification Proof: Passport, driver's license, Aadhar card, or voter ID card
- Address Proof: Utility bills, rental agreements, bank statements, and letters from your employer
- Income Proof: Salary slips, income tax returns, or bank statements
- Photographs: Two recent passport-sized photographs
- Additional Documents: PAN card, proof of ownership for assets, or business registration documents (if required)
Process Overview
The KYC process is a two-way procedure, conducted either offline or online.
To begin with, you can fill out the KYC application form by downloading it from your financial institution or insurance provider. You can then sign the form and submit it in person to the authorities, along with attested copies of your ID, proof of residency, and passport-size photo.
The online mode is another way to complete the KYC process. You'll need to create an account on the website of a registered KYC registration agency and provide your personal information, including your name, address, and date of birth.
To confirm your mobile number and Aadhaar card number, you'll need to use an OTP. Once you've accepted the consent declaration terms for e-KYC, you can upload a self-attested copy of your e-Aadhaar.
Here's a quick summary of the online KYC process:
- Create an account on the website of a registered KYC registration agency
- Provide your personal information, including name, address, and date of birth
- Confirm your mobile number and Aadhaar card number using an OTP
- Accept the consent declaration terms for e-KYC
- Upload a self-attested copy of your e-Aadhaar
The KYC process is essential to ensure that financial institutions are not being used for any illegal activities.
Verification
To verify your identity online, Bank of Baroda uses a video KYC process. This process is 100% paperless and digitally enabled.
You'll need to provide your Aadhaar Number and PAN Number to proceed. Don't worry, these details are essential for the verification process.
To authenticate your identity, Bank of Baroda uses an Aadhaar based OTP. This ensures that your identity is verified accurately and securely.
You'll also need a valid Mobile Number Registered with Aadhaar and a Valid E-mail Id. These details will be used to send you updates and notifications about your account.
To complete the verification process, you'll need a device with a web cam and microphone system. This could be a laptop, tablet, or even a smartphone with a web cam.
Here are the mandatory requirements for verification:
- Aadhaar Number
- PAN Number
- Valid Mobile Number Registered with Aadhaar
- Valid E-mail Id
- Internet Enabled Device - Mobile, TAB, Laptop (preferably mobile)
- Web cam enabled Desktop with Microphone system
Make sure you have all these requirements ready before starting the verification process. It's a straightforward and hassle-free process, but having all the necessary details in place will save you time and effort.
Frequently Asked Questions
How to fill KYC form of Bank of India online?
To fill the KYC form of Bank of India online, you'll need to provide documents such as your passport, Aadhar number, voter ID, job card, latest photograph, and PAN/Form 60, as specified by the bank's requirements. Please visit the Bank of India website for a detailed list of documents and step-by-step instructions to complete the online KYC process.
Can KYC be done online for a boi?
Yes, KYC can be done online for a boy, by logging onto the Mutual Fund's website and following the steps to update his details and upload required documents. This process is usually found under the "Modify/Update KYC" page.
Sources
- https://www.bankofbaroda.in/personal-banking/accounts/saving-accounts/online-savings-account-using-video-kyc
- https://www.creditmantri.com/article-sbi-kyc-form-fill-up-tips-and-instructions-for-a-smooth-process/
- https://hyperverge.co/blog/kyc-form-meaning-how-to-submit-documents-required/
- https://www.indiainfoline.com/knowledge-center/kyc/understand-kyc-process
- https://groww.in/p/pan-card/kyc-with-pan-card
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