Which bank becomes 1st bank in India to allow video Know your customer – InterviewSolution

InterviewSolution

1.	Which bank becomes 1st bank in India to allow video Know your customer (KYC) facility for customers opening savings accounts on banks digital banking platform?
Answer» Kotak Mahindra Bank becomes 1st bank in India to allow video Know your customer (KYC) facility for customers opening savings accounts on Kotak 811 - the banks digital banking platform. The initiative is presently being launched on a pilot basis for savings accounts, Kotak Mahindra. With Video KYC, verification of documents, signature are completed via a video call with a representative from the bank without any physical interface.

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