HDFC Bank on Thursday announced the launch of Video KYC (Know Your Customer) facility. “After successful completion of the pilot project, HDFC Bank has deployed consent-based Video KYC facility as an alternate method of establishing the prospective customer’s identity, during the account opening process in a safe and secure environment,” it said in a statement.
The facility has been deployed for savings and corporate salary accounts and personal loans so far, and will be rolled out for other products in a phased manner, it further said.