Banking
New Account Opening
Assisted savings account opening at the counter, with identity verified digitally against the issuing authority rather than transcribed from a photocopy. The customer leaves with an account number instead of a form and a wait.
What you get
- Aadhaar and PAN verified against the issuing authority
- Account number issued in the same sitting
- Paperless, with consent and signature captured digitally
- Commission to the counter on each activated account
- Application status visible to the operator until activation
How it works
- 1Capture the applicationDetails are entered once at the counter, with the customer present.
- 2Verify identity digitallyAadhaar and PAN are checked against the issuing authority rather than transcribed from a photocopy, which is what removes the rejection-on-mismatch problem later.
- 3Capture consent and signatureDigitally, in the same sitting. Nothing is posted anywhere and nothing waits for a courier.
- 4Account number issuedThe customer leaves with an account number rather than an acknowledgement slip, and the counter earns on activation.
FAQ
About new account opening
Why verify against the issuing authority instead of accepting documents?
Because a photocopy proves nothing and a transcription introduces errors that surface as a rejection weeks later. Checking Aadhaar and PAN against the authority that issued them is what lets the account open in the same sitting.
When does the counter earn?
On activation, not on submission. An account that is opened and never used has not created value for the bank, and paying on submission would reward volume over quality.