How do I complete Ola money KYC?

Here’s how.

1. Carry your documents in your next ride and get it verified with the uploaded documents by our driver.
2. Click on Generate PIN and upload front side of your original documents with your name on it.
3. You will receive a KYC PIN after the document upload. Share it with our driver partner to complete KYC.

How can I use Ola money without KYC?

Step 2 – If you don’t wish to complete KYC process with our driver partner, you can request for door step documents pick up from the app. Once done, an agent will be calling you to fix up an appointment to pick up the documents.

How do I get KYC verification?

How to Do KYC Offline?

1. Download and fill the KYC form.
2. Mention your Aadhaar/PAN details.
3. Visit a KRA office and submit the application.
4. Attach the proof of identity and proof of address with the application.
5. You may have to submit your biometrics as well in some cases.

Is it mandatory to complete KYC in Ola?

As per the new RBI guidelines it’s mandatory to provide your Know Your Customer (KYC) details, to enjoy uninterrupted usage of your Ola Money Wallet. This step will help India move towards a cashless economy.

Is Ola money KYC Safe?

Ola Money says on its website that all transmission between users and the app are done securely. “Ola will never release any of your card details to anyone and we only use your email address and phone number for all your records. All your sensitive personal data is stored in a secure, encrypted manner.

Is KYC required?

By law, KYC is required for financial institutions to establish the legitimacy of a customer’s identity and identify risk factors. KYC procedures help prevent identity theft, money laundering, financial fraud, terrorism financing, and other financial crimes. Non-compliance can incur heavy penalties.