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In July 2020, which of the following banks has launched paperless ‘Insta Click Savings Account’, a digital self-assisted online savings account, for all its customers?

In July 2020, which of the following banks has launched paperless ‘Insta Click Savings Account’, a digital self-assisted online savings account, for all its customers? Correct Answer Bank of Baroda

Option 2 is correct:

  • Bank of Baroda has launched ‘Insta Click Savings Account’, a digital self-assisted online savings account, for all its customers.
  • The bank’s Insta Click Savings Account will offer innovative digital offerings for customers, from the comfort of their homes.
  • The Insta Click Savings Account uses a new form of digital KYC and Aadhar based OTP authentication of the customer, which can be operated from the bank's website, through Mobile phone, IPad, Laptops, and PC.
  • Hence, account holders can open an account through digital KYC and Aadhar based OTP authentication.
  • The Insta Click Savings Account also offers the customers an option to subscribe to a wide range of digital channels like Mobile Banking, Internet Banking, UPI, and Debit Card.
  • MD and CEO of BOB: Sanjiv Chadha

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