Kotak 811 launches India’s first zero-contact, video KYC savings account

News

20 May 2020

Kotak Mahindra Bank announced the introduction of Video KYC to open a full-fledged Kotak 811 savings account – a first in Indian banking. This initiative, presently being launched on a pilot basis for savings accounts, is in line with Kotak’s digital-first strategy and is a start-to-end fully integrated, zero-contact, completely digital and paperless account opening + Full KYC journey. The Video KYC process to onboard new customers will be extended to other products in a phased manner.

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