Account opening facility goes online at J&K Bank: MD &CEO

Account opening facility goes online at J&K Bank: MD &CEO

Jammu: After rolling out its Online Account Opening Facility with Video KYC for enabling New-to-Bank customers to open accounts digitally, J&K Bank added yet another prominent product to enrich its digital portfolio here today.

MD & CEO Baldev Prakash e-inaugurated the digital product from Zonal Office Jammu in presence of Divisional Head (Jammu) Sunit Kumar, DGMs and other officers of the Bank.
Speaking on the occasion, Baldev Prakash said, “Today is a momentous day as we have taken an important step in our digital journey to make this Bank digitally powered financial institution. Customer data privacy and security has been ensured as trust of clients remains our top priority.”

“Creating a unified platform for online on-boarding of customers is a testament of our commitment to embrace complete digital transformation. The platform will also expand our operational geography virtually providing more and more people easy and affordable access to competitive financial services irrespective of their location or status”, he added.

While appreciating the efforts of the team involved in the implementation of the solution, MD & CEO further said, “It is a commendable job done by the team of professionals. And as we move ahead in this digital journey.”

Bank’s ED Sudhir Gupta said, “With rapidly changing landscape of banking and finance in the country, wherein advanced technology continues to provide an edge to companies, it is a moment of pride for us that our Bank is also at the forefront of this huge digital transformation.”

The customer-journey takes 5 to 10 minutes and provides seamless Integration with third-party systems like UIDAI, NSDL, Fintechs and internal systems like CBS, debit Card switch, mPay, SMS, email, etc.

Executive Director Sudhir Gupta chaired the launching ceremony in which all top executives and other officers were present.
The function concluded with a vote of thanks presented by DGM (BPR & IT).
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