EKYC News

Aadhaar-based e-KYC authentication has been implemented throughout India Post for Recurring Deposit (RD) and Public Provident Fund (PPF) schemes. Now use it to open and manage accounts at post office.

Leader of Opposition, Kerala Assembly, V D Satheesan had written a letter to the Union Minister stating that the decision to mandate LPG mustering at gas agencies is causing unprecedented hardship to the common man.

Meanwhile, customers who are due for their KYC update, may do so online as well. There is no need to visit the bank branch for the purpose.

The Aadhaar (Authentication and Offline Verification) Regulations 2021 notified on November 8 and published on the official website on Tuesday have laid down a detailed process to enable offline verification of the Aadhaar for e-Know Your Customer process.

The cybercrime division of Delhi Police has revealed Google Play Store search results are primarily responsible for helping scamsters to do KYC frauds in India. DCP Cybercrime added that searching for KYC on the Google Play store shows TeamViewer Quick Support as the first result and this is the same app used for KYC frauds in India. The KYC scam involves a threat where people are asked to submit within 24 hours of the call for eKYC verification to avoid discontinuation of services.

A circular to this effect has already been issued to the telecom service providers (TSPs), including Bharti Airtel, Reliance Jio, Vodafone Idea and others.

Imagine, what could have happened when a snag in the popular filmstar Amitabh Bachchan's Vodafone connection turned him so flustered that he had to shout out on Twitter to seek attention of the service provider.

In the latest, Trai, the telecom regualtor, is most likely o recommend the Department of Telecom that Aadhaar-based eKYC be allowed even for outstation customers who want to get a mobile connection in a particular service area.