Home Economy Post Office savings accounts: Check new paperless KYC, Aadhaar authentication for transactions process

Economy - January 10, 2025

Post Office savings accounts: Check new paperless KYC, Aadhaar authentication for transactions process

January 10, 2025

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The postal department is rolling out a paperless Know Your Customer (KYC) system using Aadhaar biometric verification for opening Post Office Savings Bank accounts. The eKYC implementation starts on January 6, 2025, initially focusing on new accounts.