South Indian Bank provides a simple way to open a savings account by using a video call to complete all KYC requirements online. Every document is digitally checked, and this procedure also records signatures and photos.
South Indian Bank's video KYC feature is for people who are at least 18 years old and have valid Aadhaar and PAN cards. They can finish all KYC processes online without going to a branch. The account offers free digital transactions through NEFT and UPI, the ability to choose a preferred branch, and internet and mobile banking access 24*7. Users can also use the SIB Mirror+ mobile application to access the Digi-E-Lock feature.
To be eligible for video KYC to open a savings account with a South Indian Bank, you must meet the following requirements:
Below are the required documents you need to submit for video KYC to open a savings account with a South Indian Bank:
To open a South Indian bank account, follow the steps given below:
Here is some of the features of South Indian Bank savings account with video KYC as follows:
You are not required to visit the bank branch at any point during the account opening process through video KYC.
Currently, South Indian Bank account with video KYC can be opened during office hours.
Individuals who are 18 years and above, having a valid Aadhaar & PAN card, can open a South Indian Bank video KYC account.
Currently, only single-holder accounts can be opened through Video KYC in South Indian Bank.
If you are an existing customer in South Indian Bank, you can also open a video KYC account.
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