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The Department of Posts has introduced a paperless Know Your Customer (KYC) process and facility to open Post Office Savings Bank (POSB) accounts and carry out transactions via Aadhaar authentication.
The post office has started the (e-KYC) process for opening and transacting Post Office Savings Bank (POSB) accounts through Aadhaar biometrics. The post office will gradually update the eKYC ...