Answer: Electronic Know Your Customer
Notes: E-KYC refers to electronic KYC. E-KYC is possible only for those who have Aadhaar numbers. The UIDAI then transfers your data comprising your name, age, gender, and photograph electronically to the bank. Information thus provided through e-KYC process is permitted to be treated as an ‘Officially Valid Document’ under PML Rules and is a valid process for KYC verification.
