Can I use Kotak 811 without KYC?

Before you complete the full KYC of your account, the validity of the account is 12 months. This means that if you don’t complete the full KYC process, your account will be closed within 12 months. After the account is closed, you won’t be able to open a new Kotak 811 Account.

Can I update KYC online in Kotak Mahindra Bank?

You can update KYC in Kotak Bank online by sitting at home. You can complete this process via Kotak internet banking.

How can I open Kotak 811 full KYC account?

You can open a Kotak 811 account by downloading the Kotak Mobile Banking App or by visiting www.kotak.com and registering using your Aadhaar number (optional) ,PAN and other basic details. You can set up a mobile banking PIN and start using your account immediately.

Is PAN card required for Kotak 811?

A PAN Card is a mandatory requirement to open Kotak 811 Digital account.

Is video KYC Secure?

It’s quite common that diligently performed video KYC procedures are safer than face-to-face identity verifications done at physical branches. This is mostly because video identifications are backed by AI, machine learning, automated document recognition, and of course are recorded and stored on video.

Is physical PAN card required for video KYC?

Through video-KYC, the bank can initiate a remote video interaction or video call with the customer, after receiving their consent, to check and verify their documentation along with their identity. During this process, the customer is required to show actual PAN card to the Verification Officer.

What is difference between Kotak 811 and Kotak 811 Lite?

811 physical debit card is not given to 811 Lite customers. 811 Lite customers are issued a virtual debit card once the full KYC for the account is completed. After the virtual debit card is issued, customers can follow the process mentioned above to get the physical card.