Description
Can Aadhaar eKYC be used for Multiple Services?
Aadhaar-based eKYC (Electronic Know Your Customer) is a convenient and secure way to verify identity online. It allows individuals to complete their identity verification by just entering their Aadhaar number and OTP received on their mobile number. From financial institutions to mutual fund houses Aadhaar eKYC is streamlining the verification process. Banks and financial institutions utilize Aadhaar KYC for account opening and loan disbursement so they can reduce paperwork and processing time. Apart from this telecom operators employ it for SIM card activation, ensuring faster and smoother customer onboarding.
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