Technological advancements allow you to do many things without stepping out of your home. You can perform all transactions from your smartphone, from shopping to bill payments. Nowadays, everything is available at the tap of our fingers. No need to wait in long queues to check the bank statement or deal with excessive paperwork.
With the Instant Bank Account, you can transact funds seamlessly and safely within minutes. Since minimal documentation is required, you instantly get the account number and customer ID. It is auto-enabled with Internet and Mobile Banking. You can maximize these platforms for transactions. Before proceeding with the account opening, keep a few documents, like your Aadhaar and PAN Card handy, and link them to an operational mobile number.
Procedure
You need to visit the bank’s Instant Account page on the website or the Banking app. Enter your mobile number. Upload your Aadhaar and PAN Card for documentation check and authenticate them through One Time Password. Complete other account-related information and click submit.
Points to Remember
Before opening the InstaAccount, check the Savings Account interest, benefits, features, and facilities. After completing the opening procedure, remember that the account is valid for only a year. Within this period, you should visit the bank branch to complete the KYC formalities and convert them into an account of your choice.
Usage
Since you already have access to Internet Banking, reset your password. Once the bank generates your account number, a link gets sent to you through email and mobile to set your IPIN based on an OTP. If you have consent for third-party funds transfer, the same gets activated within 48 hours of account opening. Log into the banking portal and complete the risk secure access registration.
You can transfer funds to other accounts after registration. The Instant Bank Account lets you manage banking transactions and check your balance whenever needed. This method enables you to set the account up within minutes, even on the go. You only need an active data connection and a smartphone.
Conclusion
From Savings to Salary Account, there is an option for all your daily banking needs, which you can open instantly anytime. Whether you are 18 or 60 years, you are always looking for safe, quick, and convenient solutions. If you can pay your bills or send and receive money using your smartphone, why not open an account instantly?
