The customer herewith confirms that he/she has not used the OTP based Aadhaar (e-KYC) verification to open any other bank account.
AXIS ASAP account opened with UIDAI based OTP, with credit balance of not more than 1 Lakh. The overall cumulative deposit in such an account cannot exceed 2 Lakhs, unless you complete full KYC process is completed
The customer herewith agrees to complete his full KYC by visiting his nearest Axis Bank branch/ by requesting a visit from the bank representative and providing his biometric details within 12 months of opening
The customer agrees that failure to complete full KYC within 12 months will lead to his account being closed by the bank.
The customer agrees that if her/ his balance in the limited KYC account exceeds 1 Lakh in a given day, bank reserves the right to put the account on a total freeze, till such time that customer completes the full
In case of account being put under total freeze, the customer agrees that principal amount on such deposits kept along with the interest accrued (if any) will be payable to him only upon completing his full KYC.
The customer will not be eligible to get a Cheque book for this account till the time full KYC is completed
The customer agrees that such an account will be subject to regular scrutiny and monitoring from the bank and bank shall reserve the right to completely freeze/debit freeze/ close the account at its sole discretion.
If Customer fails to provide full KYC for any reason, customer understands and agrees that the bank reserves right to close the account post which the bank will issue a Demand Draft and dispatch the same in the
customer communication address available in bank records
I hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I undertake to inform you of any changes therein, immediately. In case any of the above information
is found to be false or untrue or misleading or misrepresenting, I/We am/are aware that I/we may be held liable for it.
My personal / KYC details may be shared with Central KYC Registry
I hereby consent to receiving information from Central KYC Registry through SMS/Email on the above registered number/email address