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Airtel Payment Bank KYC Update Online- Documents Required

All individuals with bank accounts now need to undergo KYC verification, regardless of the specific financial institution. This ensures that there are no illegal actions in the financial services. You should not ignore it further if you are an individual as well as your KYC is not complete. This is a step-by-step approach that will assist you in finishing your due diligence by updating the Airtel Payment Bank KYC.

Online Method for Airtel Payments Bank KYC

Like other Indian banks, Airtel Payments Bank has improved consumer convenience inside the official banking system. It provides e-KYC processes based on Aadhaar to make it easier for users to create savings accounts. 

In partnership with UIDAI, Airtel Payments Bank has made face biometric authentication processes available for KYC. The following steps are involved in the process:

  • Step 1: Launch the Airtel Thanks app on your phone. 
  • Step 2: Open your user account and log in. 
  • Step 3: Select “Re-KYC for Savings Bank Account.” 
  • Step 4: Enter your cellphone number after choosing your nationality. 
  • Step5: Select “Send Code.” 
  • Step 6: Make an OTP entry. 
  • Step 7: Enter your PAN and your Aadhaar card or Virtual ID. 
  • Step 8: Check the box to consent to Airtel Payment Bank KYC based on Aadhaar. 

In an effort to further enhance customer convenience, Airtel Payments Bank recently announced that it would introduce an e-KYC procedure based on facial scanning. It will expedite and streamline the e-KYC verification process for Airtel Payments Bank.

Read More: AirtelTez Login Portal

 

Offline Method for Airtel Payments Bank KYC

You can visit your local Airtel banking location if the web-based Airtel Payment Bank KYC process isn’t convenient for you.

The easy steps for offline KYC are as follows:

  • Step 1: Present your PAN and your proof of identity at an Airtel Banking Point. 
  • Step 2: Explain your KYC requirement to a bank representative. 
  • Step 3: Send in the necessary paperwork. 
  • Step 4: Follow the agent’s instructions to finish the Aadhaar-based biometric identification procedure. 

Following this, you will be able to use all of the normal features and advantages and your Airtel Payment Account re-KYC procedure will be finished.

Documents Needed for Airtel payment Bank KYC

When upgrading your Airtel Payments Bank KYC, you must have the following papers on hand:

  • PAN Card 
  • Aadhaar Card

If your PAN card is no longer valid, you must submit the properly completed Form 60 in accordance with RBI regulations.

  • The bank KYC rules and regulations for Airtel Payments
  • The ensuing are fundamental guidelines for Airtel Payments Bank KYC:
  • You must be a resident of India.
  • All of the information you submit should be real.

Read More: Documents required for Yes Bank net banking

Why Is Updating Bank KYC for Airtel Payments Important? 

With the Know Your client (KYC) verification procedure, Airtel Payments Banks obtain up-to-date client information. The following are some good justifications for doing so:

  • All banks, such as Airtel Payments Bank, utilize KYC to make sure that financial services aren’t misused. 
  • If you don’t finish the Airtel Bank KYC update, your banking service can be temporarily suspended. 
  • By completing the KYC, you may increase the security of your financial transactions.
  • The KYC must be updated above everything else if you want to have full access to all of Airtel Payments Bank’s banking services.

Form for the Airtel Payments Bank KYC

At the moment, only the Airtel Thanks smartphone application allows you to change your Airtel KYC. The website does not have the technique provided. If it hasn’t already been installed on your device, all you need to do is log in, finish the KYC upgrading process, and that’s all.

If your savings account hasn’t been deleted yet, Airtel Payments Bank KYC will assist you make sure it doesn’t. Using the Airtel Thanks smartphone application, completing this step is rather easy. You can, however, visit your local Airtel Payments Bank customer care location if you feel a bit uneasy updating your KYC online.

Read More: Paytm Payment Bank KYC Point

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