The digital movement in India gave birth to Digital India, a program designed to make our country’s population digitally present. A notable initiative that benefitted the general population is the DigiLocker, a cloud-based platform that facilitates the storage of important documents and certificates.
In addition to storing crucial identity proofs, a DigiLocker account also enables citizens to experience seamless banking. Imagine interacting with your bank to verify your documents without actually visiting it. This is how having a DigiLocker account proves to be beneficial in the long run.
What is KYC & Why is it Important?
Banks introduced the KYC process to restrict malicious financial activities like money laundering. KYC is a verification process done by banks and financial institutions to minimize foul play while onboarding and maintain the integrity of financial transactions. This process enables banks to detect shady financial activities, identity theft, etc. in a simplified manner.
Since DigiLocker was introduced, KYC updation process has become a cakewalk. If you have a DigiLocker account, it is beneficial to do your own KYC for a straightforward interaction with your bank. A DigiLocker KYC also confirms the authenticity of your documents and certificates safely. Here is a step-by-step description of how you should conduct your KYC.
How to Update KYC Details on DigiLocker?
Updating your KYC details on DigiLocker is a straightforward process. Follow these steps to ensure your information is current and accurate:
- Log in to your DigiLocker account:
- Visit the official DigiLocker website (https://digilocker.gov.in/) or open the DigiLocker mobile app.
- Enter your username and password to log in.
- Navigate to the Profile section:
- Once logged in, locate and click on the “Profile” option in the main menu.
- Verify your Aadhaar details:
- In the Profile section, you’ll see an option to link or update your Aadhaar details.
- Click on “Fetch Details” next to the Aadhaar option.
- Enter your Aadhaar number and the OTP sent to your registered mobile number to verify your identity.
- Update your personal information:
- After Aadhaar verification, you’ll be able to view and edit your personal details.
- Update any information that has changed, such as your address, phone number, or email.
- Upload supporting documents:
- To support your updated information, you may need to upload relevant documents.
- Click on the “Issued Documents” section and search for the required document types (e.g., address proof, identity proof).
- Select the appropriate documents from the list of available options.
- E-sign the updated information:
- After making the necessary changes and uploading supporting documents, you’ll need to e-sign the updated information.
- Click on the “E-Sign” button and follow the prompts to complete the digital signature process.
- Verify and submit:
- Review all the updated information and uploaded documents for accuracy.
- Once you’re satisfied, click on the “Submit” button to finalize the KYC update process.
- Confirmation:
- You’ll receive a confirmation message on the screen and via email or SMS, indicating that your KYC details have been successfully updated.
It’s important to note that the exact steps may vary slightly depending on the specific document or information you’re updating. Always follow the on-screen instructions and prompts provided by DigiLocker to ensure a smooth update process.
KYC Update on DigiLocker – Long-Term Benefits
- Safety: The safety of your documents is of utmost importance. DigiLocker offers full-proof security against identity theft. The two-level authentication ensures that your certificates are completely secure.
- Easy Access: When you download the DigiLocker app, you can access your documents on a safe, secure network any time, at any place. This is a good excuse to do KYC update on your DigiLocker account.
- Easy Verification: When your KYC documents are updated on DigiLocker, verification processes do not take long. You can get your process done as fast as possible.
- Legal Validity : All the documents uploaded on DigiLocker are deemed original and can be used instead of physical ones. Even if you physically do not carry your documents, you can use DigiLocker for verification at any government/banking establishment.
- Paperless procedure: Digital modes of documentation have greatly contributed to a better environment. As technology advances, more and more modes of paperless transactions are coming up which is good news for our planet.
- Integration with various devices: The DigiLocker app can be downloaded on all leading mobile and tablet devices.
Switching to DigiLocker is the best decision you can make. Digitisation is slowly paving the way for hassle-free interaction between citizens and governments, thus making the whole process look like a cakewalk. Getting your KYC update done on DigiLocker will only lead to positive experiences concerning government application procedures. Updating your KYC details on DigiLocker is a simple yet crucial step in maintaining accurate and up-to-date information for various official and financial purposes. If you own a business and are looking for correct solutions to conduct your customers’ e-KYC, without hassles, employing third-party services can accelerate the process. The Deepvue Digilocker e-KYC Solution Suite enables secure, real-time verification of government-issued documents stored in a user’s DigiLocker account. Resorting to such solutions is an efficient option to ensure the accuracy and integrity of verification processes. The process is designed to be user-friendly, secure, and efficient, reflecting the overall ethos of the Digital India initiative.
