How to do KYC in DigiLocker: Steps, importance, and benefits

In today’s digital age, managing KYC (Know Your Customer) documents has become easier and more secure. Whether you are applying for financial services like personal loans or completing other verifications, Aadhaar and other KYC documents are essential for confirming your identity and address. With the government’s DigiLocker platform, you can safely store, share, and access these documents online.

The DigiLocker KYC process simplifies verification by allowing individuals to complete KYC in just a few steps. You can also update your KYC details anytime, ensuring your information remains current. This digital approach not only speeds up applications but also enhances the safety and convenience of financial transactions.

Using DigiLocker, you can check your loan eligibility instantly with just your mobile number and OTP, making the borrowing process quicker and completely hassle-free.

The DigiLocker KYC process helps authenticate and verify your identity using digital documents stored in your DigiLocker account. It involves linking essential identity proofs like Aadhaar, PAN, driving licence, or voter ID. Once verified, your electronic identity can be used for multiple online services and financial transactions. This digital system ensures convenience, reduces dependency on physical documents, and provides a secure way to store and share verified records across government and private platforms.

Additional Read: What is DigiLocker?

• Sign Up / Log In
  • Visit the DigiLocker website or download the DigiLocker app.
  • Sign up using your mobile number linked to your Aadhaar or log in if you already have an account.
• Link Your Aadhaar
  • Enter your Aadhaar number and verify it using the OTP sent to your registered mobile number.
• Access KYC Section
  • Go to the “Issued Documents” or “KYC” section in your DigiLocker account.
• Upload or Link Documents
  • Upload scanned copies of identity and address proofs like Aadhaar, PAN card, passport, or driving licence.
  • Alternatively, you can link digitally issued documents directly from government databases.
• Verify Details
  • Ensure all uploaded information is correct. The system may cross-check with government records for validation.
• Complete KYC
  • Submit the documents and wait for confirmation. Once verified, your KYC is complete and can be used for financial services like personal loans.
• Update KYC Whenever Required
  • You can update your details anytime to keep your KYC current without having to re-upload all documents.

To update your document in the app, follow these steps:

• Open the app and go to the 'Profile' section.
• Select the document you wish to update (e.g., Aadhaar).
• Click on 'Update' and follow the instructions to upload the new document.
• Complete the process by validating the changes with an OTP sent to your registered mobile number.

To update your KYC details in DigiLocker, simply:

• Open the app and head to the 'Profile' section.
• Select the document you wish to update (e.g., Aadhaar).
• Click 'Update' and follow the prompts to upload the new document.
• Validate the changes with an OTP sent to your registered mobile number.

Completing your KYC in DigiLocker is crucial for several reasons:
 

• Digital identity verification: It provides a verified digital identity, streamlining access to various governmental and private services online.
• Paperless transactions: By storing your documents digitally, DigiLocker reduces the need for physical copies.
• Accessibility: Having your documents in DigiLocker makes them accessible from anywhere, anytime, which is especially useful for procedures like personal loan applications.

The benefits of completing KYC in DigiLocker include:
 

• Centralised document storage: DigiLocker acts as a single, secure platform for all your important documents.
• Ease of verification: Documents stored are readily verifiable by authorized entities, which streamlines any process requiring identity verification.
• Enhanced security: DigiLocker uses strong security protocols to protect your data from unauthorized access and tampering. 

KYC documents like the Aadhaar card serve as crucial personal loan documents requirements when applying for a personal loan. Lenders use these documents to verify your identity, address, and financial stability. By having your KYC documents updated and accessible in DigiLocker, you can streamline the personal loan application process and expedite approval.

If you're looking to meet urgent financial needs, applying for a personal loan can be a great option. With minimal documentation and fast approval, it allows you to access funds quickly. Ensure you check the eligibility criteria and repayment terms before proceeding.

Completing KYC DigiLocker ensures a secure and hassle-free way to verify your identity while accessing essential services online. Whether it’s banking, insurance, or applying for a personal loan, this digital method simplifies the process. Knowing how to do KYC through DigiLocker allows you to link and update your identity documents seamlessly, reducing paperwork and enhancing data security. By adopting this digital solution, you can streamline documentation, save time, and enjoy smoother financial transactions.