A savings account that can be opened and managed online is what is known as an online bank account. You can now open an account online from the convenience of your home. Without leaving your sofa, you can transfer money, pay your bills, open an FD, make an investment, and even do your taxes. There will be no more lines, waiting, or taking a pay cut in half a day off from work just to get some cash. You can do all banking-related processes with a trendy smartphone and an internet connection. Below mentioned are the step-by-step process of Online Account Opening Bank Zero Balance:
Step 1: Choose a Banking Partner
You may open an online bank account with the majority of banks now that the digital banking revolution is fully started. Spend some time learning about your options and picking a banking partner that you feel at ease with. When selecting a choice, consider the following aspects.
Step 2: Use the Bank’s App or Website
When you’ve decided on a bank, go to their website or download their app (if they have one). The option to open a new online bank account is typically located in the “Products” section of the app or website. Select the “Create an Account” link in the new account section.
Step 3: Fill in the Application Form
You might need to fill out the application form with some basic information, such as your name, birth date, email address, phone number, etc. The precise information needed will differ from bank to bank. However, the majority of web user interfaces are intuitive and self-explanatory. This stage of Online Account Opening Bank Zero Balance can be completed without difficulty for you.
Step 4: Submit the Necessary Documents
You must attach soft copies of the necessary documents after properly completing the application form. This list may vary slightly from one bank to the next, but generally speaking, the following items may be included in the required paperwork:
- Aadhaar card
- Address Proof
- Identity Proof
- Passport-size photographs
Step 5: Finish KYC Process
Know Your Customer, or KYC is an acronym. Banks are mandated to undertake this procedure before allowing you to open an online account. In essence, they must confirm your identity and make sure you are who you say you are. A video KYC requirement may be part of the bank account opening process at some banks.
If the criteria for your preferred banking partner exist, a bank representative will contact you via video call. All you have to do is answer the call and provide the information requested so they can confirm your identity. Don’t stress yourself out too much. It’s a customary and very safe practice.
Step 6: Begin the Banking Transaction
After completing the KYC procedure, you will be given the login details to begin online bank account transactions. Depending on the bank, this may take a few days or a few hours. Then, you can go into your online bank account and begin banking using these credentials.
Hence, the above-mentioned is the step-by-step process of opening an online bank account. You can use the khata kholne wala app to open your online bank account within a moment and without any struggle.