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IDBI Bank launches NRI-Insta Online, A paperless account opening facility for NRIs

IDBI Bank launches NRI-Insta Online, A paperless account opening facility for NRIs

IDBI Bank has launched ‘NRI-Insta Online’ account opening process for NRIs residing in Financial Action Task Force (FATF)member countries to open an account in the Bank without visiting the branch or submitting paper documents such as physical documents as well as  KYC proofs. This online facility is available in IDBI Bank’s website.
About  Financial Action Task Force (FATF):
i. FATF is an inter-governmental body founded in 1989, which devices policy and sets standards to promote successful implementation of legal, regulatory and operational measures to combat money laundering, terrorist financing and other similarthreats to the integrity of the international financial system.
ii. The body accommodates 38 member countries, including India, China,US, UK,  Japan and France, among others.
About IDBI Bank:
♦ Full Name :  Industrial Development Bank of India
♦ Headquarters:  Mumbai
♦ Founded:  1 July 1964
♦ Parent organization:  Life Insurance Corporation

About JAYANT SRIVASTAVA

Hello Everyone, Am happy to start this project which is Completely a free service. Though am not a mentor, Am just doing this for my self satisfaction and for supporting the Financially Backward. I think you all understand my intention in creating this and ultimate purpose of this blog is providing free material for the needy people. Coming to UPSC Preparation, people created assumptions like UPSC is the toughest exam and You can’t clear it unless you join a coaching. By this false statements economically backward Students are dropping their aspirations even before they start. To wipe out all those assumptions, I have started this. Here, all materials which are important for clearing UPSC will be shared for free of cost, yes this is completely free and we are doing this to serve the poor who can’t afford the coaching institutions. Join us on Telegram also...

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