e-KYC (Electronic KYC)

What is e-KYC?

e-KYC is the completion of customer identification using electronic records fetched from an authoritative source, rather than from photocopies handed over by the customer. In India the term most often refers to Aadhaar-based e-KYC, where UIDAI returns a digitally signed identity record after the resident authenticates, and to document e-KYC through DigiLocker.

The distinction that matters is provenance. A scanned document proves only that a file exists; an electronic record signed by the issuing authority proves the data came from the registry that created it, and has not been altered in transit.

The main forms of e-KYC

Who can use Aadhaar authentication

Direct Aadhaar authentication is not open to everyone. Access is restricted to entities permitted under the Aadhaar Act and its notifications, so a large share of platforms build their flows on offline Aadhaar, DigiLocker and registry lookups instead. This is a common source of confusion in product planning: “we will just do Aadhaar e-KYC” is a licensing question before it is an engineering one.

Limits on OTP-based e-KYC accounts

Where OTP-based Aadhaar e-KYC is used to open an account remotely, the RBI’s KYC Master Direction attaches conditions rather than treating it as equivalent to full verification. Such accounts carry caps on aggregate balance and on total credits in a financial year, and must be converted to a fully KYC-compliant account within a defined period, after which further transactions are restricted. Product teams should design for that conversion step from the outset rather than discovering it when accounts start freezing.

What e-KYC does not settle

e-KYC confirms identity. It does not confirm that a bank account belongs to that identity, that an employer relationship exists, or that a vehicle or utility connection is genuinely the customer’s. Those need separate lookups against the relevant registry, which is why most onboarding stacks combine an identity step with two or three attribute checks.

Related terms

Verify it with Veriqos

The document and attribute checks that surround an e-KYC flow are available individually:

See how these checks are applied in Fintech & Digital Lending, Banks & NBFCs.

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This entry explains how the check works in practice. It is general information, not legal or compliance advice — confirm current requirements against the applicable regulation.