20+ Documents Acceptable For Identity Verification
Which documents are accepted as identitiy verification proof? Here's a list of important & crucial documents that you can use as proof of identity. Click now to read!
ID proof number is required for identity verification, carried out by several organisations providing critical and essential services. These documents are proof that a person is who they claim to be. These are crucial to completing KYC procedures at financial institutions. According to the law, institutions providing financial services in any format are required to conduct customer KYC verification.
When an individual opens a bank account, applies for a loan or approaches any creditor for financial processes, they must submit an ID proof number to verify their identity. These documents are also needed to avail government services. Moreover, businesses where customer onboarding is necessary must complete identity verification before starting to provide customer services.
Overview of Documents for Identity Verification
Due to the shift to remote working scenarios, digital verification has become the norm. In addition, digital channels help improve customer satisfaction as there is no need to submit the documents in person. Instead, customers can upload the documents, which the automated system will verify within a few hours.
Many financial institutions allow citizens to complete customer onboarding through mobile-clicked photographs of themselves and their papers. Under this method, customers can take a video of documents showcasing the ID proof number. The financial institutions check the records for authenticity, verifying them in a few hours. This helps to complete the customer onboarding process quickly and efficiently.
List of Documents Required for Identity Verification
The information in the identity verification documents must match the information individuals provided initially. Among other details, the identity verification documents must include ID proof number and personal information like one's home address.
The following is the list of documents commonly used where an ID proof number is required:
The documents people submit for ID and address verification greatly influence the services they want to access. Many state approved verification documents are applicable only in the respective states. Hence, it would be helpful to check with the service provider about the type of documents to submit for verification.
With modern digital verification, customers can easily upload documents and get notifications about document verification. In addition, digital verification reduces the administrative staff's burden because the automation software checks for the validity of the documents by cross-checking online.
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