KYC is a standard process for any financial institution or any banking service provider to verify their customers to prevent financial risks such as money laundering, misuse of services, fraud or any other illegal financial activities.

Importance of KYC

KYC stands for Know Your Customer, has been a assigned as a mandatory step for all financial institutions and NBFCs.

KYC can be carried out both offline and online mode. This requires your basic simple details related to identity and address proof.

What is Aadhaar KYC?

Aadhaar KYC enables a customer to perform KYC using his Aadhaar card details online. This simply takes few minutes to ensure your seamless loan application journey.

There are two ways to complete verification via Aadhaar:

Online KYC – This is done using DigiLocker. The process can be completed online securely using Aadhaar and DigiLocker. Please note that you need DigiLocker to be already installed on your phone.

Verification via e- Aadhaar - e-Aadhaar is a password protected electronic copy of Aadhaar, which is digitally signed by the competent Authority of UIDAI. This process can be completed online using masked Aadhaar. Please ensure that your phone number must be linked with Aadhaar in order to verify.