To open a savings bank account with Airtel Payments Bank, you primarily need your PAN and Aadhaar for identity and address verification.
Opening an account with Airtel Payments Bank is a straightforward process that requires specific documents to complete the Know Your Customer (KYC) verification. These documents ensure that your identity and address are properly verified, adhering to banking regulations.
Essential Documents for Account Opening
The core documents required for an Airtel Payments Bank savings account are:
- PAN (Permanent Account Number): This serves as your Proof of Identity (POI).
- Aadhaar Card: This functions as both your Proof of Identity (POI) and Proof of Address (POA).
These two documents are crucial for the bank to verify your details and complete the account opening process digitally or at an authorized point.
Document Details
| Document Name | Purpose | Description |
|---|---|---|
| PAN Card | Proof of Identity (POI) | A unique 10-character alphanumeric identifier issued by the Indian Income Tax Department. Essential for financial transactions. |
| Aadhaar Card | Proof of Identity (POI) & Proof of Address (POA) | A 12-digit unique identification number issued by the Unique Identification Authority of India (UIDAI). It contains demographic and biometric information, making it a comprehensive identity and address proof. |
The Account Opening Process
Once you provide your PAN and Aadhaar, Airtel Payments Bank utilizes these documents for KYC verification. This process typically involves:
- Digital Verification: Your Aadhaar details can be verified electronically using e-KYC or through biometric authentication.
- PAN Verification: Your PAN is checked against official databases to confirm your identity.
- Address Confirmation: Your Aadhaar card also validates your residential address.
Upon successful verification, your savings bank account will be activated, allowing you to access various banking services offered by Airtel Payments Bank.
For more details on opening an online savings account, you can visit the official Airtel Payments Bank website.
