New Delhi: Making the savings bank account opening process easy and contactless, India’s largest bank State Bank of India (SBI) has informed that customers can now open SBI Digital Savings Account from anywhere without the need to physically visit the branch. can. The new feature called KYC Video feature allows opening of savings account through contactless procedures. This new feature is powered by artificial intelligence, which is safe and secure.
Customers can not only open an account from their homes but this facility is also available 24X7, which means they can avail it anytime. To start the process, customers need to apply on the YONO app.
Announcing the new facility, SBI tweeted a video on September 3 and wrote, “You can open a #SavingsAccount with us without going to the bank. Thanks to the brand new KYC video function, you can create a savings account anytime and anywhere, which streamlines the process. Apply now on YONO!”
you can open one #saving account With us without going to the bank. Thanks to the brand new KYC video function, you can create a savings account anytime and anywhere, which streamlines the process. Apply now on YONO!#State Bank Of India #KYC #digital savings account #yonosby #AmritMahotsav pic.twitter.com/XlclpMFy0M
— State Bank of India (@TheOfficialSBI) 3 September 2022
Customers will not need to visit a physical branch of the bank to open a savings bank account. SBI’s new facility called e-KYC video allows the bank to open digital savings account of customers without the need of physical presence.
According to SBI’s tweet, the entire process is completely digital, meaning there is no need to visit a single branch. In addition, Know Your Customer (KYC) is done through Aadhaar authentication and video call. All you need to do is open your video camera and the bank staff will verify your identity.
Putting customer satisfaction first, the process is quick and hassle free. You can schedule calls as per your convenience. Moreover, YONO – SBI Official App – Registration process after account opening has also become simple.
Each individual can open only one SBI Digital Savings Account as per SBI webiste. Digital Savings Account can be closed only by making a written request to the home branch. In addition, the branch selected by the applicant will be treated as the home branch for opening a digital savings account.