SBI launches Tab banking facilities for Savings a/c, Housing Loan and e-KYC

April 17, 2014

For the convenience of its customers, SBI has launched 3 digital banking facilities. These are:
1) TAB Banking for Savings a/c– Opening Savings a/c at Customer’s door step using tablet PC provided to the Bank’s Sales Staff (who visit the Customer’s home). These a/c opening details and docs collected by the bank’s sales staff will be loaded on the CBS (Core Banking Solution) and the a/c number will be sent to the customer via SMS/e-mail.
2) TAB Banking for Home Loan – In-principle approval for the home loan at customer’s door step using tablet PC provided to the Bank’s Home Loan Sales Team which will capture on the tablet KYC details and details. The sales team officer will advise the customer about the approximate housing loan amount eligible and the EMI amount.
The applicant gets in-principle sanction for the wished-for Housing Loan via email while the actual loan will be processed afterwards subject to usual formalities.
3) e-KYC – Generates e-KYC (Know Your Customer) identity document. Fingerprints of the customer will be captured and sent to UIDAI (Unique Identification Authority of India) for authentication of identity and address proof. On successful authentication from UIDAI, the e-KYC service will act in response to display demographic details like [Name, year/date of birth, Gender, Address, Phone, email (if available)] and photograph.
These facilities will offer ease and time saving to the customer for opening accounts with SBI bank.