COVID 19 has brought about significant changes. One of them is social distancing and minimal human contact. Banking industry is no exception. Business leaders are gradually recognizing the tremendous potential of digitization, and digital customer onboarding has been the buzzword in the sector. As a matter of fact, digital onboarding’ has attained significant popularity in the context of financial services.
Keeping these factors in mind, we at IDBI Intech have developed i-Quick, which is an online digital account mobile application facility to help customers open a limited KYC savings account instantly from the comfort of their home / mobile phone. A customer can open an account by downloading the Mobile Application by visiting Play Store (Android Version) and App Store (iOS Version). Alternately, they can download the Mobile Application from any Android / iOS Operating System.
Opening account through the i-Quick mobile app is a paperless, fast, convenient and secure way to open an account on a digital platform. It gives customers digital access to all banking facilities such as instant transfers and remittances right at the customer’s fingertips. Enabling new customers to open accounts online on their own will ensure that there is minimal impact on business due to the pandemic
Following are the key features of the i-Quick app:
- Customer acquisition through digital onboarding
- Online KYC checks through instant Aadhar and PAN verification
- De-duplication with existing customer data of the Bank
- Additional features like instant generation of virtual card, integration with Video KYC, Integration with UPI system (available post account opening)
The application has been awarded with the Technoviti ‘Super Trophy 2021’ by BANKING FRONTIERS TECHNOVITI Awards on March 19, 2021.
