Opening Bank Account Is A Click Away!

Opening a bank account has never been so easy. Now customers can open ‘instant accounts’ within few minutes from their smartphones. The idea behind launching such accounts is to tap the digital-savvy younger generation and provide them with the banking service they need on the go.   Open an account instantly These accounts can be opened instantly online. “It is a completely digital and paperless account opening experience, and can be opened within five minutes, using Kotak’s mobile banking app,” says Virat Diwanji, President—branch banking and customer acquisition, Kotak Mahindra Bank. However, since digitally opened accounts have certain limitations, a full KYC needs to be done later. Axis ASAP account can be opened anytime and anywhere by simply using Aadhaar and PAN Card details. “With just three quick steps, it is a fast way to open a...