Karnataka Bank has launched Online SB Account opening facility through 'Video based Customer Identification Process (V-CIP)'. The facility enabled in the Corporate Website of the Bank, empowers any prospective customer to open a Savings Account through online process and complete KYC verification through a video call at their place of convenience.
The end-to-end paperless digital process leverages the bank's Application Programming Interface (API) that auto-fills the account opening form, validates PAN/ Aadhaar number instantly and completes the Know Your Customer (KYC) process through a video call.
Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.
