Want to open account in IDBI Bank? Video KYC Account Opening facility is here
IDBI Bank Account Opening: IDBI Bank has announced the launch of Video KYC Account Opening (VAO) facility for Savings Bank Accounts.
IDBI Bank Account Opening: IDBI Bank has announced the launch of Video KYC Account Opening (VAO) facility for Savings Bank Accounts. Through VAO, a customer can open a savings account with IDBI Bank from the convenience of his/her house or office as there are no physical forms to be filled and no visits to be made to the branch for opening one’s Savings Bank account.
Suresh Khatanhar, Deputy Managing Director, IDBI Bank inaugurated a centralized Video-KYC hub at Mumbai.
According to IDBI Bank, VAO is a completely contactless and paperless mode of on-boarding the customer and tailor made for the demands of post pandemic world.
Commenting on the occasion of launch of Video KYC Account Opening (VAO) facility for IDBI Savings Bank Accounts, Suresh Khatanhar, Deputy Managing Director, IDBI Bank said, “VAO – Video KYC Account Opening is yet another step in creating more digital journeys benefiting the customers. This comes close on the heels of the “I Quick” mobile app based account opening and “WhatsApp Banking” facilities the Bank had launched recently. The Bank is endeavouring to make more such customer friendly digital conveniences available for customer delight."
Earlier, the Board of Directors of IDBI Bank had approved raising funds up to Rs 6,000 crore by issuing equity shares through qualified institutional placement (QIP). "The Board at its meeting held on October 29, has passed a resolution for approving the raising of funds for an amount not exceeding Rs 6,000 crore through issue of equity shares through qualified institutions placement subject to approvals of the regulatory and/or statutory authorities, as applicable," the bank said in a regulatory filing.
Several banks, both in the public and private sectors have so far raised or plan to raise capital to strengthen their buffer amid the pandemic.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Largecap Stocks To Buy: Analysts recommend buying Maruti Suzuki, 2 other stocks for 2 weeks; check targets
SIP Stock Pick For New Year 2025: Anil Singhvi recommends buying this largecap pharma stock on 10% dip
SIP in Stocks For New Year 2025: Market guru Anil Singhvi recommends 1 largecap, 2 midcap scrips to buy in dips; note down targets
Top 7 Index Mutual Funds With Best SIP Returns in 10 Years: Rs 11,111 monthly SIP investment in No. 1 fund is now worth Rs 33,18,831; know how others have fared
Largecap, Midcap Stocks To Buy: Analysts recommend buying L&T, Tata Motors, 3 other stocks for 2 weeks; check targets
Largecap PSU Stock for 65% Gain in New Year: Anil Singhvi picks PSU bank for long term; know reasons and target prices
PPF vs SIP: Rs 12,000 monthly investment for 30 years; see which can create higher retirement corpus
Shark Tank India Season 4: Social Media influencer Gaurav Taneja shocks sharks with his earnings, earns Rs 1 crore in 1 hour!
04:28 PM IST