Oriental Bank of Commerce (OBC) has launched Aadhar-based electronic know your customer (e-KYC) service at its branches. With this, the bank has become the first public sector bank to launch e-KYC services in coordination with the National Payments Corporation of India and Unique Identification Authority of India (UIDAI).
This will provide customers the comfort of opening an account quickly with online authentication of their Aadhaar number using the e-KYC service of UIDAI.
Oriental Bank of Commerce is a Government of India undertaking whose business activities includes monetary intermediation of commercial banks, saving banks and discount houses. The bank has a pan-India network of 2,089 branches, 1,829 ATMs and a customer base of about 2.16 crore.
