South Indian Bank Savings Account with Video KYC

Updated: 18-12-2023 10:23:30 AM

South Indian Bank offers a hassle-free mode of opening a saving account by completing all the KYC procedures online through a video call. All documents are digitally verified, photographs and signatures are also captured in this process. Let us find out in detail how to open a South Indian Bank Savings Account via Video KYC.

Features of South Indian Bank Savings Account via Video KYC

• Provides 24×7 mobile and internet banking facility
• You can choose your preferred bank branch
• Payments such RTGS/NEFT/UPI can be made digitally
• You can also avail the facility of Digi-E Lock via SIB mirror + mobile application

How to Open South Indian Bank Savings Account with Video KYC

Follow the steps mentioned below to open South Indian Bank Account:

Step 1: Visit the official website of SIB i.e. https://videokyc.southindianbank.com/customer/home

Step 2: Click on the ‘Apply Now’ button

Step 3: Enter your Aadhaar Number linked with mobile number

Step 4: Enter your email address (optional)

Step 5: Enter the ‘CAPTCHA’ Code

Step 6: Click on the ‘I am Ready’ button

Step 7: Enter OTP received on the registered mobile number

Step 8:Enter your 12-digit Aadhaar Number and 10-digit PAN

Step 9: Click on the ‘proceed’ button

Step 10: Verify your Aadhaar Details

Step 11: Choose the type of account and branch

Step 12: Enter your personal details such as your name, address, etc.

Step 13: Enter address and other necessary details

Step 14: Once done, preview your application

Step 15: The last step is video KYC with bank agent

Note: On successful completion of Video KYC, the account will be automatically opened.

Documents Required for South Indian Bank Savings Account via Video KYC

Following documents are required for South Indian Bank savings account through video KYC:

• A white sheet of paper & a black pen
• Aadhaar Card
• PAN Card

Things to Keep in Mind for opening SIB Account through Video KYC

• You should be an Indian resident
• You must be 18 years of age or older
• Make sure you have a valid PAN and Aadhaar Card
• The room must be well-li with sufficient light on your face
• Ensure a stable and uninterrupted internet connection

Frequently Asked Questions

Q. Who can Open SIB Video KYC Account?
Ans. Individuals who are 18 years and above having a valid Aadhaar & PAN card can open a SIB video KYC account.

Q. I already have an account with South Indian Bank. Can I also apply for a new video KYC account?
Ans. If you are an existing customer, you can also open the video KYC account.

Q.Do I need to visit the bank branch during the account opening process through Video KYC?
Ans. You are not required to visit the bank branch at any point during the account opening process.

Q.What is the minimum balance to be maintained in an account opened through Video KYC?
Ans. The minimum balance to be maintained in your account depends on the type of account opened through Video KYC.

Q.Is there a facility of opening a joint account via video KYC available?
Ans. Currently, only single-holder accounts can be opened through Video KYC.

Q.What are the timings of opening a video KYC account anytime?
Ans. Currently, SIB account with video KYC can be opened during office hours.