RBI Introduces Video-Based KYC 😨
✅According to the new circular, RBI has allowed capturing the live photo of the customer and officially valid document for identification purpose.
✅The live photograph of the officially valid document should be captured vertically.
✅As Of Now There Is No Timeline When Feature Will Be Added But All Financial Intuitions Have Been Asked To Develop Such Software/App To Perform Video-based Customer Identification Process (V-CIP)
✅According to the new circular, RBI has allowed capturing the live photo of the customer and officially valid document for identification purpose.
✅The live photograph of the officially valid document should be captured vertically.
✅As Of Now There Is No Timeline When Feature Will Be Added But All Financial Intuitions Have Been Asked To Develop Such Software/App To Perform Video-based Customer Identification Process (V-CIP)
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