Open Your Bank Account Online from Home with Quick Video KYC

Gone are the days when opening a bank account required standing in long queues at a branch. Now, whether you want to open an account for yourself, your children, or any family member, you can do it from the comfort of your home. The RBI recently announced on its X platform that Video KYC allows customers to open new bank accounts or update their KYC anytime, anywhere, without visiting a branch. All you need are a few essential documents.

What Is Video KYC ?

Video KYC is a completely secure, RBI-approved method to verify a customer’s identity online. In this process, an authorised bank official interacts with the customer through a live video call, checking the documents and verifying identity in real time. Once verified, the account opening process is completed instantly.

To complete Video KYC, you need:

• CKYC number
• Aadhaar card
• Identity documents stored in DigiLocker
• PAN card

The process is available during the bank’s designated working hours, making it convenient to open an account even if you have a busy schedule.

What Is CKYC and Why Is It Important?

CKYC, or Central KYC, is a centralised database where all financial institutions securely store customers’ KYC information. When you complete your KYC for the first time, you receive a 14-digit unique CKYC number (KIN).

The major benefit of CKYC is that once your details are registered, you don’t need to submit your documents repeatedly every time you open a new bank account, start an insurance policy, or invest in mutual funds. You simply provide your KIN number, and your information is instantly verified, provided no details have changed.

Which Institutions Use CKYC?

All financial institutions regulated by RBI, SEBI, IRDAI, and PFRDA follow the CKYC process. This includes:

• Banks and credit card companies
• Demat account providers
• Insurance companies
• Mutual fund companies
• Pension service providers

How to Complete CKYC

When you avail of services from a bank or financial institution, your KYC information is registered in CERSAI (Central Registry of Securitisation Asset Reconstruction and Security Interest of India). Required documents for CKYC include:

• PAN card

• Proof of identity and address (Aadhaar, passport, driving license, voter ID)

• Passport-sized photograph

Once your CKYC is complete, you receive a KIN number via SMS or email. This number can be used for all future financial services, making your interactions with banks and financial institutions smooth and hassle-free.

Benefits of Video KYC and CKYC

• Open a bank account from home , without stepping into a branch
• Fast and convenient, saving time and effort
• Safe and secure, fully approved by RBI
• No need to repeatedly submit documents for new accounts or financial services
• Access to banking and financial services anytime, anywhere

Why This Is a Game-Changer

With Video KYC and CKYC, banking is no longer limited to branch timings or physical paperwork. It’s now easier than ever for individuals, including senior citizens and busy professionals, to manage finances digitally. The combination of instant verification, secure online processing, and centralized KYC records makes the process smooth, safe, and highly efficient.

Whether you are opening your first bank account, adding a family member, or updating your KYC, Video KYC makes the process fast, reliable, and completely hassle-free.