What is eKYC

The Indian government has set ambitious targets for the Financial Inclusion of the vast unbanked population using the AADHAAR No. identification system – of which e-KYC is a critical component.

e-KYC – Know Your Customer is a mandatory client identification RBI approved process that enables a customer to authorize service providers like banks /insurance provider/  trading account to receive AADHAR card details as address & identity proof from UIDAI server via electronic medium

  • Mobileware’s eKYC SolutionA Mobile or Tab based front end Agent application
  • Agent login via secured ID & Password
  • AADHAR registry based authentication module
  • Integration with UIDAI server
  • Instant identity biometric & data verification
  • Data upload to CBS with instant notifications
  • Paperless KYC
  • Data transfer through secured encryption
  • Real time validation eliminates document forgery
  • Cost Effective & digitizes all the records
  • Helps banks grow & retain their customer bases

How does eKYC work

  • A biometric fingerprint scan triggers a request from agents mobile device across to UIDAI via secure servers
  • Customer’s fingerprint will be matched with that on his Aadhaar records
  • Once matched, UIDAI will release the customer’s personal information on agents Smartphone device.
  • Solution enabled Smartphone device will  display the information received from UIDAI server
  • Once authenticated, customers account becomes active and will be given a Welcome Kit on the spot
  • Customer data is uploaded to the Banks CBS