
It is used as an alternate to current KYC process which is done on the basis of physical photocopies of the original documents (ID proof and Address proof).
By on 12-11-2018
DIGITAL SIGNATURE IN FIVE MINUTES
BRIEF ABOUT AADHAAR EKYC:
Aadhaar ekyc is a paperless Know Your Customer (KYC) process, wherein the Identity and Address of the subscriber are verified electronically through Aadhaar Authentication.
It is used as an alternate to current KYC process which is done on the basis of physical photocopies of the original documents (ID proof and Address proof).
ADVANTAGE OF AADHAAR EKYC:
According to Identity Verification Guidelines of CCA, the normal KYC process requires paper documents to be submitted, which should contain the attestation by Gazetted Officer / Bank Manager / Post Master. Subsequently CA should also carry out Mobile verification, Email Verification and Video Verification (in case of class 3) of the subscriber, as per details provided in application form.
Using Aadhaar eKYC, the hassles and the delays of attestations and other verification is brought to minimum. Thereby ensuring faster processing and issuance of Digital Certificate.
COMPARISON OF PROCESS FOR INDIVIDUAL DIGITAL CERTIFICATE:
Normal Process Aadhaar eKYC Attestation on ID &
Address proof Required Not Required
Mobile Verification Required Not Required
Email Verification Required Not Required
Video Verification Required for Class 3 Not Required
PREREQUISITES FOR AADHAAR EKYC:
To perform Aadhaar eKYC, subscriber should be physically available, and also facilitated with a biometric device. With this, a subscriber can perform Aadhaar eKYC either at RA location or any other place having the device.
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