SIB Video KYC Account opening

 
What is Video KYC?

Video KYC is hassle-free mode of account opening which enables you to open your account fully online, completing all KYC procedures, in a matter of minutes. Your KYC documents are verified, and your signature and photograph are captured in the process, ensuring that you can open a full-fledged Account

Salient Features of SIB Video KYC Account opening:
  • Paperless Digital Account Opening
  • Choose your preferred branch
  • No need to visit branch for KYC completion
  • 24x7 Mobile and Internet Banking facility
  • Payments done through digital channel are completely free (RTGS/NEFT/UPI).
  • Digi –E Lock facility through SIB Mirror + mobile application

Who can Open SIB Video KYC Account?

  • All resident individual having valid Aadhaar & Pan card and are 18 years & above.

(Existing customer? Please use the branch channel for account opening.)

What all documents required?

  • Valid Aadhaar card & Pan Card

How can I open an account? 

  • Click on the link below which can be accessed through mobile or computer

      https://videokyc.southindianbank.com         

How can I access to Mobile Banking -SIB Mirror+?

  • Once your account gets opened, you will receive a temporary MPIN on your mobile number registered with the bank for mobile banking- SIB Mirror+ registration
       Or
  • Download SIB Mirror+ from Google Play Store or App Store in IOS platform.

Should I visit your branch after opening an account through Video KYC?

Your account opened through Video KYC is a full-fledged, KYC-complied account and does not require you to visit our branch at any point during account opening process.

What are the prerequisites to open an account through Video KYC?

  • You should be a resident Indian individual.
  • You should be 18 years of age or older.
  • You should have a valid PAN and Aadhaar and keep them handy.
  • Keep a blank white paper and a blue/black coloured pen handy.
  • Ensure that you are in a well-lit room with sufficient light on your face.
  • Ensure a stable network connection

What is the minimum balance to be maintained in an account opened through Video KYC?

The minimum balance to be maintained in your account depends on the type of account opened through Video KYC.

To know the Average Monthly Balance to be maintained in our accounts and the charge for non-maintenance of the same, click here

Can I open a joint account through Video KYC?

Currently, only single-holder accounts can be opened through Video KYC.

Can I open a Video KYC account  anytime?

Currently, accounts can be opened during office hours 

 

Apply now