What Is ekyc in Aadhar: Definition & Importance
The job title, responsibilities and functions are the basis for assessing the suitability of a job applicant for the position. It is one way of ensuring that the prospective employee meets the overall criteria for the job. Any exaggeration or misleading descriptions can result in an unqualified person handling sensitive information, high-tech or hazardous equipment causing losses to the hiring company. While there are many ways to present job titles and responsibilities in the resume and debates on the subject continue to rage. The best way is to be truthful and the job description honest.
If you are looking for a job then, it is important for you to understand that the intensity of competition for jobs pushes people to look for even the tiniest advantage. The job title meaning in resume, responsibilities and functions are the basis for assessing the suitability of a job applicant for the position. It is one way of ensuring that the prospective employee meets the overall criteria for the job.
The objective of the resume is to honestly present the skills, abilities and qualifications that explain your job title. If a person has held two or three positions over the length of his career, then it is better to describe his interests and skills in this section. There are many ways to present your job title on the resume with various opinions about which method is best.
A lot of people have different ideas on how to write job titles and functions in a resume. The problem is, there is no consensus. One way to address this issue is to use action verbs when describing the work performed by the candidates.
If you’re a bank, it’s critical that you know your customers (KYC). For example, for banks to comply with Anti-Money Laundering reporting standards, KYC is critical. KYC lets the bank take ownership of all the funds placed for deposit and establish a relationship with the customer. Aadhaar based eKYC is a safe and secure process which helps businesses like banks and insurance companies to build trust instantly in their customers using Aadhaar platform.
What is ekyc in aadhar: eKYC, or Electronic Know-Your-Customer, is a technique that uses the Aadhaar database to offline verify your identity. It involves taking an individual’s Aadhaar number and cross referencing it against live database, thus establishing their identity with 100% accuracy in real time to do business.
eKYC or Electronic Know You Customer easily simplifies the concept, process and systems for real-time identity verification. Aadhaar based eKYC enables customers or businesses to verify customer’s identity in less than 5 minutes with the help of mobile devices, supporting the whole process from beginning to end including obtaining fingerprint scans. A number of companies have already deployed these Aadhaar based solutions. Using Aadhaar for eKYC is particularly helpful for unregistered or first time customers who are coming to know their customer (KYC) procedures and documents.