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You can soon open a savings bank account by just using your e-aadhaar — no paper documents need be submitted.
Bank of Baroda, a public sector lender, in the next few months, plans to offer such a facility for its prospective customers, said RK Gupta, General Manager and Head of North Zone, BoB.
This facility will be offered at Gurugram through an e-kiosk that will form part of a “digital branch”, Gupta told BusinessLine here on the occasion of the bank’s foundation day.
“All that a customer has to do is walk into our digital branch and show his/her e-aadhaar at the e-kiosk machine. The entire details will be verified electronically at the back-end and the savings account will be opened. This is going to add to customer convenience,” Gupta said.
He said the “digital branch” (basically a paperless branch) will be functional by September or October this year.
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