🔔
Facebook Instagram Twitter Youtube
  • EMPLOYEES RIGHTS
  • PROPERTY RIGHTS
  • FINANCE
  • SALARY
  • TAX
  • EPF
  • JOB
  • Authors and Team
    • Complaint Redressal
    • Contact US
    • Cookie Policy
    • Correction policy
    • Disclaimer
    • DNPA Code of Ethics
    • Fact-Checking Policy
    • Onwership and Funding
    • Privacy Policy
    • Terms of Service
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Rightsofemployees.com
- Advertisement -
  • EMPLOYEES RIGHTS
  • PROPERTY RIGHTS
  • FINANCE
  • SALARY
  • TAX
  • EPF
  • JOB
  • Authors and Team
    • Complaint Redressal
    • Contact US
    • Cookie Policy
    • Correction policy
    • Disclaimer
    • DNPA Code of Ethics
    • Fact-Checking Policy
    • Onwership and Funding
    • Privacy Policy
    • Terms of Service
Home FINANCE Bank New Facility: THIS Bank has launched Aadhaar-OTP based account Opening ,...
  • FINANCE

Bank New Facility: THIS Bank has launched Aadhaar-OTP based account Opening , Check full Details

By
Jyoti
-
February 20, 2025
0
338
Facebook
Twitter
Pinterest
WhatsApp
Telegram
    - Advertisement -

    Aadhaar Card: There is an important news for those who want to open a new bank account. That is, now there will be no need to go through long procedures to open a bank account.

    Government owned Indian Overseas Bank (IOB) has announced the launch of Aadhaar-OTP based account opening and API banking services on its 89th foundation day. This initiative has been taken to make banking services easier, faster and more accessible.

    Now bank account will be opened with Aadhaar OTP

    Indian Overseas Bank has launched Aadhaar OTP based digital account opening facility. Now customers can easily open a savings account by completing the e-KYC process through the bank’s official website. The bank said, “This digital process follows the Reserve Bank of India (RBI) ‘Aadhaar’ OTP-based e-KYC guidelines, which will provide a secure and hassle-free experience to the customers.”

    Minimal documents required

    Now customers can avail instant banking services by opening an account with minimum documents. However, certain transaction limits have been set after opening the account, which can be removed after completing full KYC.

    API Banking Service for Corporate Customers

    To make corporate banking more convenient, Indian Overseas Bank has also launched API banking service. Under this service, corporate customers will be able to do transactions and inter-bank transfers in real-time by connecting their accounting systems directly to the bank.

    Benefits of new banking facilities

    • Fast and easy account opening process
    • Facility to open bank account through Aadhaar OTP from anywhere
    • Activate your account within minutes
    • Automated Banking Solutions for Corporate Customers
    • Secure and transparent transactions as per RBI guidelines

    Digital banking will get a boost

    This new initiative of Indian Overseas Bank will promote digital banking and customers will not need to visit bank branches. Now one can avail instant banking services by opening a bank account through Aadhaar OTP from mobile or computer. If you are also planning to open a bank account, then this new facility of Indian Overseas Bank can be beneficial for you.

    Related Articles:-

    • Govt Scheme: This special scheme for pensioners will start from April 1, know the full details here
    • RBI Rule: Can we withdraw money from our account even after the bank closes? Know the rules
    • How to open a mutual fund account for minors? A step-by-step guide
    • Kotak Mahindra Bank cuts interest on savings account by 50 bps. Check here
    • UPI’s new rule effective March 1: Now pay for premium via blocked amount
    - Advertisement -
    • TAGS
    • Aadhaar OTP
    • Bank New Facility:
    • new bank account
    • OTP-based e-KYC guidelines
    Facebook
    Twitter
    Pinterest
    WhatsApp
    Telegram
      Previous articleUPI User Alert! Google Pay now charges fee for these payments. Key Details
      Next articleIRDA New facility: Big news! Insurance Premium will not be auto debited from bank account without permission
      Jyoti
      Jyoti
      Jyoti , has 2 years of experience in writing Finance Content, Entertainment news, Cricket and more. She has done BA in English. She loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @rightsofemployeescom@gmail.com

      Related ArticlesMore From Author

      FINANCE

      Indian Railways Announces 20% Discount on Train Tickets – Here’s How You Can Avail It!

      FINANCE

      Air India Launches ‘Freedom Sale’ with Fares Starting at ₹1,279 – All You Need to Know

      FINANCE

      RBI Mandates 15-Day Settlement for Deceased Customers’ Claims — Banks Face Penalties for Delays

      Recent Posts

      • Indian Railways Announces 20% Discount on Train Tickets – Here’s How You Can Avail It!
      • Air India Launches ‘Freedom Sale’ with Fares Starting at ₹1,279 – All You Need to Know
      • RBI Mandates 15-Day Settlement for Deceased Customers’ Claims — Banks Face Penalties for Delays
      • New update on 8th Pay Commission, important news for central employees
      • Online Alcohol Delivery: How to Order Alcohol Online via Swiggy

      Read More

      Indian Railways Announces 20% Discount on Train Tickets – Here’s How...

      August 10, 2025

      Air India Launches ‘Freedom Sale’ with Fares Starting at ₹1,279 –...

      August 10, 2025

      RBI Mandates 15-Day Settlement for Deceased Customers’ Claims — Banks Face...

      August 10, 2025
      8th Pay Commission

      New update on 8th Pay Commission, important news for central employees

      August 10, 2025

      Online Alcohol Delivery: How to Order Alcohol Online via Swiggy

      August 10, 2025

      EDITOR PICKS

      Indian Railways Announces 20% Discount on Train Tickets – Here’s How...

      August 10, 2025

      Air India Launches ‘Freedom Sale’ with Fares Starting at ₹1,279 –...

      August 10, 2025

      RBI Mandates 15-Day Settlement for Deceased Customers’ Claims — Banks Face...

      August 10, 2025

      POPULAR POSTS

      Public holiday: Govt has declared September 17 as a public holiday....

      September 12, 2024

      School Closed: Govt declares all schools closed till January 15 after...

      December 28, 2024

      Govt Declares December 27 as a Public Holiday…Details Here

      December 26, 2024

      POPULAR CATEGORY

      • FINANCE14781
      • TAX743
      • EPF649
      • JOB225
      • PF149
      • PROVIDENT FUND80
      • PROPERTY RIGHTS52
      • EMPLOYEES RIGHTS50
      ABOUT US
      Rightsofemployees.com brings the Latest News & Top Breaking headlines on Politics and Current Affairs. Up-to-date news coverage, aggregated from sources all over the world by Rightsofemployees.com. Find latest news coverage of breaking news events, trending topics, and compelling articles.
      Contact us: rightsofemployeescom@gmail.com
      • Home
      • About us
      • Authors and Team
      • Contact US
      • Cookie Policy
      • Correction policy
      • Disclaimer
      • DNPA Code of Ethics
      • Fact-Checking Policy
      • Onwership and Funding
      • Privacy Policy
      • Terms of Service
      • Complaint Redressal
      © Copyright 2024 - Rightsofemployees.com Izon web Pvt. Ltd. All Rights Reserved. Contact US Izon Web Pvt. Ltd. Hno. 789, Basement, Dlf Phase 4 Sector 43, Gurgaon, Haryana -122009, Call: +91-9110801499, 0124-4941700
      🔔
      Bell ready. Click the bell to start.
      Go to mobile version