Overview

E-KYC is a digital method of identity verification used by AGVB to comply with KYC norms using Aadhaar-based authentication.

Features & Benefit
  • Paperless and instant process
  • Uses Aadhaar number, OTP, or biometric for verification
  • Captures identity and address details from UIDAI database
  • Reduces fraud and improves onboarding efficiency
  • Faster customer onboarding
  • Cost-effective (no physical documents required)
  • Secure & verified digital identity
  • Supports financial inclusion
Regulations
  • Governed by UIDAI and RBI/SEBI/IRDAI norms
  • Requires user consent
  • RBI permits e-KYC for accounts up to ₹1 lakh (limited KYC), or full KYC with video/ biometric

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