Alankit as KUA is eligible to provide e-KYC services to the customers through its network. The paperless KYC experience (e-KYC) helps to avoid the cost of repeated KYC, the cost of paper handling & storage, & the risk of forged documents.
A lot of people in rural areas do not have the documents which would be required for KYC by financial institutions. This will be a good instrument to get new accounts opened, especially in rural & un-banked areas. While the physical KYC process takes five-seven working days, the time would be reduced to three days in the case of e-KYC thus saving time, money & manpower required for the verification process. Using this process will also mean less documentation for the companies & customers.
Managing & tracking of documents becomes easier. e-KYC is highly flexible & easy to use.
Features of e-KYC Service: