ICICI Bank: Launches ‘Video KYC’ for Savings Account
- ICICI Bank Ltd a leading private sector bank in India
- New customers can now also complete their KYC process by video interaction with the Bank within a few minutes
- First in the industry to offer the facility to open a salary account or avail a personal loan with the Bank
- This fully digital, paperless facility will be also available in a phased manner for home loans and other retail products
- The launch is in line with ICICI Bank’s rich legacy of offering customers more convenience through digital processes and solutions
- Simultaneously uses artificial intelligence based facial recognition feature to match the customer with his/her photo available on the Aadhaar site