MoneyWorks4Me

City Union Bank launching Video KYC account opening app

19 Jun 2020 Evaluate

City Union Bank is launching Video KYC account opening app for enabling customers to do their banking operations from their home, which is very much required at the present time of COVID impact. General public can open a Savings account instantly in few minutes. No more long forms or visiting branches. All they need is their Aadhaar No, a registered mobile number and their PAN to get started.

There are only few steps to open an account. Customer has to provide Mobile number and E-mail ID for registration and has to enter the Aadhaar Number, OTP from UIDAI, PAN, few personal information and declarations. The Minimal KYC account is created instantly. Customer can set the MPIN for CUB M-banking plus. For full KYC account, the customer has to set up a Video KYC slot as per his/her convenience through this app and he/she will receive an SMS to complete the process.

City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and the Bank also offers services, such as internet banking, mobile banking, including online funds transfer and fixed deposit operations.

Peers
Company Name CMP
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