If you hold a bank account, you would know how important the KYC verification has become. Verifying your ID and avoiding any illegal activity from your account is necessary. This is why it is important to get your KYC verification done as early as possible to safeguard your financial activities. Similarly, if you are an Airtel payment bank account holder, you must complete your KYC verification process immediately. Now, you also get the facility for Airtel payment bank KYC update online.
Here is the step-wise guide for the users of Airtel payment bank KYC online:
Steps for Airtel Payment Bank KYC Update Online
Airtel Payment Bank has always had great ideas for making financial services easier for users. Similarly, it is offering an Aadhaar-based e-KYC process to make Airtel payment bank open account online easier.
Along with UIDAI, Airtel Payment Bank has introduced a face biometric authentication process for KYC verification. Here are the steps:
- Go to “Airtel Thanks app” on your mobile.
- Login using your credentials.
- Press “Saving bank account e-KYC”
- Choose the name of your country and enter the mobile number registered with the bank.
- Press “Send code”
- Enter the OTP in the space provided.
- Enter your Aadhaar number and PAN Number.
- Tick the box to give your consent for KYC verification.
- Your KYC verification steps are done successfully.
Airtel Payment Bank also provides the facility for face scanning-based e-KYC. It is introduced to make the KYC process faster and smoother. You can carry out the process from any part of India using Airtel Thanks App.
Steps For Airtel Payment Bank KYC Update Offline
If you are not comfortable with the Airtel payment bank KYC update online, you can complete the process by physically visiting the nearby Airtel banking service. Here are the steps to follow:
- Visit your nearest Airtel bank center and carry your Aadhar card and PAN card.
- Ask the customer service representative for the KYC process.
- Give them the required documents.
- The agent will give you further instructions to complete the KYC verification.
- Follow their instructions to complete the KYC process.
Documents Required for Airtel Payment Bank KYC
Airtel Payment Bank KYC is done using 2 main documents:
- Aadhar Card
- PAN Card
Make sure to carry these 2 documents in original form and photocopy as well while applying for KYC. If you do not possess a PAN card, you can fill the Form 60 as per the guidelines given by the Reserve Bank of India.
Rules And Regulations for Airtel Payment Bank KYC
For Airtel Payment Bank KYC, you need to follow some rules as mentioned below:
- It would help if you were an Indian Resident.
- Provide the Authentic information only.
Why Is it Important to Update Airtel Payment Bank KYC?
KYC or know your customer verification process is done by the Airtel Payment bank to update and collect the information of their customers. The bank does this for various reasons, as discussed below:
- The Airtel payment bank ensures that the financial services are not used maliciously and they ensure this by doing KYC on their customers.
- If you have not done your KYC verification, might soon face a temporarily suspended bank account.
- KYC verification ensures that your transactions are safer and smoother.
- If you need to leverage all the services provided by the Airtel Payment Bank, you should get the KYC verification done.
Airtel Payment Bank KYC Form
You can do the Airtel payment bank KYC update using the Airtel Thanks Mobile App. The process is not available on the Website. You can install the app on your mobile and complete the KYC verification process.
| Read more: Union Bank of India Balance Enquiry Number
Conclusion
To avoid the deactivation of your Airtel payment bank account, you must complete the KYC verification process as early as possible. You can do the process easily using the Airtel Thanks Mobile App. You can also visit the bank to complete the process offline. If you are new to Airtel Payment Bank, you can opt for an Airtel Payment Bank open account online. Always feel free to contact the Airtel payment bank KYC customer care number if you have any queries.
Airtel Payment Bank KYC Update – FAQs
What is the face-screening KYC process at Airtel Payment Bank?
Ans. Airtel payment bank in collaboration with UIDAI, offers the service to the customers for KYC verification. You can do the KYC process through face biometrics.
Does the Airtel Payment bank still offer the Min KYC option?
Ans. Airtel Payment Bank has suspended its Min KYC service because of the inconvenience faced by the institution. Under Min KYC, users used to change their mobile numbers without informing the bank which was creating problems in the functioning of the bank.
Is Airtel Payment KYC online safe?
Ans. Yes, Airtel Payment Bank KYC is safe. Make sure to complete the KYC through an authentic source such as the Airtel Thanks Mobile App or an offline process.
Is the Video call KYC process available at Airtel Payment Bank?
Ans. No, Airtel has stopped the process of KYC verification via video call and replaced it with face-authentication-based e-KYC.
