Due to the ongoing Covid-19 pandemic, Suryoday Small Finance Bank offers a savings account through Video KYC to its customers to experience the convenience of opening a savings account instantly. Keep reading to know more about Suryoday Small Finance Bank Instant Savings Account.
Features of Suryoday Small Finance Bank Instant Savings Account via Video KYC
Following are the features of Suryoday Small Finance Bank Instant Savings Account:
- This facility is currently available for new bank customers only
- There’s no restrictions on deposits and withdrawals
- You are not required to visit branch after the account is opened online
- Offers savings account variant of your choice
Steps to Open Suryoday Small Finance Bank Instant Savings Account via Video KYC
Follow the simple steps to open Suryoday Small Finance Bank Instant Savings Account via Video KYC:
Step 1: You need to fill up details online such as name, address, mobile number, etc.
Step 2: Once all the required details are provided, the bank official will carry out basic checks through video interaction
Note: You will get a full-fledged bank account after the Video KYC is done.
Documents Required for Suryoday Small Finance Bank Instant Savings Account through Video KYC
Following documents are required for Suryoday Small Finance Bank instant savings account through video KYC
- A white sheet of paper & a black pen
- Aadhaar Card
- PAN Card
Things to Keep in Mind Suryoday Small Finance Bank Instant Savings Account through Video KYC
- You must be physically present in India during the video process
- You must have a well-lit room with a plain wall behind you
- Ensure that you have a strong internet connection
- Keep your PAN Card and Aadhaar Card handy
Frequently Asked Questions
Q. Can a joint account be opened through Video KYC?
No, the current facility is available only to a single account holder.
Q.Will the account be activated instantly after completing the Video KYC process?
The application will be processed once backend verification is done. This verification process may vary from a few hours to a few days depending upon various factors.
Q.My communication address is different from the address mentioned on my Aadhaar Card. Can I carry out the Video KYC process?
Yes, you can add a new communication address in the account opening journey. Once the new communication address is added, you can self-verify the address by ticking the self-verification box. You don’t have to provide proof of your communication address.
Q.What are the charges for video KYC verification?
There are no charges for opening a Suryoday Small Finance Bank Instant Savings Account via Video KYC.
Q.In case the video KYC process is suspended in between what can I do?
In case the Video KYC process could not be completed, you can restart the video KYC process.