Digital Account Opening with Bank of Maharashtra

The era of digital transformation is here. Almost every business is online now, and you can get everything from groceries to vehicles online. So, how can the Bank of Maharashtra (BoM) stay behind in this global transformation?

As a nationalized bank, Bank of Maharashtra is leading the shift towards digital bank account opening through its simple, transparent, and efficient banking experience, which can be availed of from anywhere through online services.

This blog will serve as a guide to answering all your questions about BoM online account opening process and also give detailed information about the video KYC process. After this blog, questions like how to do video KYC online, how can I open a bank account with video KYC, who is eligible for video KYC, video KYC rejection, and whether video KYC is approved by RBI will be answered.

The Digital Banking Revolution with BoM

The digital bank account opening represents a crucial leap forward in the banking world. BoM is leading the technology space by integrating new-age software with customer service to offer a simple and transparent online account opening Bank of Maharashtra experience.

This transition was important as it aligns with the global trend towards digitalization and ensures that banking services are accessible to everyone.

With the number of accounts and services growing every day, Bank of Maharashtra always aims to adopt new technologies to enhance its customers' banking experiences. BoM online account opening has been upgraded to cater to modern consumer needs. The new-age online banking services of Bank of Maharashtra will seamlessly integrate banking services into daily digital interactions. This initiative aims to simplify the process and revolutionize people’s point of view about online banking.

In addition to prioritizing digital expansion, opening a digital bank account with Bank of Maharashtra invites customers into a new banking era where security, convenience, and innovation converge.

By offering BoM online account opening services, the bank ensures that customers can begin their banking journey from anywhere, without compromising the personal touch and utmost security they expect from a nationalized bank. For Bank of Maharashtra, this digital transformation is a testament to its commitment to technological advancement and being ready to change for the evolving needs of its customers.

A Step-by-Step Guide to Opening Your Account Online

Opening an account online with BoM proves that technology has simplified banking from using paper to storing data directly online.

Here is how you can open an online account at the Bank of Maharashtra:

1. To begin with, visit the official Bank of Maharashtra website, and click on BoM online account opening section. The digital bank account opening process is intuitive, guiding you through every step.
2. Once you are on the website, simply click on the online SB Account tab in the corner.
3. This will redirect you to a new page that lets you open a savings or current account based on your requirements through a video KYC process.
4. The process is simple. You just have to fill in your information and the bank ensures that you get all the assistance needed in this video KYC process.

A few critical stages in this process are document upload, personal detail verification, and nominee information entry, making the online account opening at Bank of Maharashtra comprehensive and user-friendly. Remember to keep all your documents with you or on your phone when you begin the account opening process.

Tech-based Account Opening with Video KYC

The video KYC process is unique, tech-based, yet simple to keep transparency in the verification process. The video KYC process also streamlines the online account opening procedure. Wondering how to do video KYC online or how to open a bank account with video KYC?

Video KYC is a simple process that leverages live video calls to help in real-time verification for BoM officials. The online method ensures that the paper-based current account opening process is surpassed and also introduces a new level of security and convenience in the banking sector.

Navigating Through Common Video KYC Queries

• What if video KYC is rejected? BoM guides you through any corrections and changes, ensuring you can reattempt the process smoothly and get approval for account opening.
• Who is eligible for video KYC? No specific eligibility criteria are set for video KYC. Any Indian citizen with the necessary documents applying for a Bank of Maharashtra online account opening can choose video KYC, making it an option open to everyone.
• Is video KYC approved by RBI? Yes. This affirms its reliability and security in the country's banking sector.

Join the Digital Banking Revolution

This initiative towards digital bank account opening and the integration of video KYC process highlights a future-ready approach to banking.

BoM's digital initiatives, like the online account opening and the video KYC process, are just the beginning.

With consistent and dynamic improvements and updates, BoM is poised to lead the way in digital banking, making it easier, faster, and more secure for everyone to manage their finances.