If you’re considering getting a personal loan via Olyv and are unsure how to complete the e-KYC procedure, you’ve at the right place. This guide will walk you through everything you need to know about it.
What is an e-KYC personal loan (and why it is essential)
- An e-KYC personal loan means you complete identity and address checks online.
- Nothing of the sort, as paper forms or branch visits. Just digital steps.
- This leads to a very quick approval of the loan, within minutes instead of days
With Olyv, you get a personal loan through a 100% digital and safe process via the Olyv app.
What you need before starting e-KYC
Before you start, keep these ready,
| Document / Info | Purpose |
| Aadhaar card (with mobile linked) | For OTP or biometric verification |
| PAN card (maybe required) & optionally bank statements or salary slip | For credit check and income verification |
| A selfie or passport-style photo (if asked) | To match your face with the Aadhaar photo (for identity) |
| Bank account details (IFSC, account number) | For disbursal of the loan amount and EMI deduction |
Step‑by‑Step: How to complete e-KYC on Olyv
If you’re using Olyv to get a personal loan, here’s how to finish e-KYC smoothly.
- To begin with, you can either download the Olyv app or go to its website and use your phone number for the registration process.
- Then provide your personal information, like name, address, occupation, and monthly salary.
- For KYC, enter your Aadhaar number and request an OTP.
- After that, enter the OTP that you received on the mobile number linked to your Aadhaar. This step is a way of instantly verifying your identity.
- In case you are asked to, upload a selfie so that it can be matched with the Aadhaar photo.
- Provide bank account info, and any required income/bank statements or proofs if you qualify under that requirement.
- Once verification is done, decide on the loan amount and tenure period. Submit your application.
- If everything is in order, then the loan is approved, and the money is sent to your bank account without delay.
This way, the loan process is made easier, and it involves no paperwork at all.
Why digital KYC (through Aadhaar / OTP) is better than old paper‑based KYC
| Benefit | Traditional KYC | Digital e-KYC |
| Time taken | Often days to a week | Usually minutes or under 10 minutes |
| Physical visits/paperwork | Yes | No, you can do it from home |
| Document handling (copies, scanning, submitting) | Many documents | Just Aadhaar + maybe selfie + bank info |
| Works anytime | No, depends on branch hours | Yes, 24/7 (if net & OTP available) |
That’s why e-KYC personal loan routes are becoming the preferred choice.
Why choose Olyv for your e-KYC personal loan
- Olyv deals with RBI-registered non-banking finance companies, so the loan is trustworthy
- There is no requirement for collateral as it is an unsecured personal loan.
- Olyv makes it easier for customers to get the loan approved, even with low income or no credit history.
- The complete process: application, e-KYC, approval, and disbursal, takes place online on your phone. No need to visit branches
A quick story – e‑KYC made the loan easy
Consider Rahul, a man who is residing in Bengaluru and is a delivery agent by profession. He was in need of ₹25,000 for the purchase of a new scooter. On his smartphone, he downloaded the Olyv app. Within 10 minutes, he was already done with the registration, putting in his Aadhaar, receiving the OTP, uploading his picture, and entering his bank details. By evening, he got a message: loan approved, money credited. No paperwork. No branch visits. That scooter got booked the same night.
This is how e-KYC personal loan via Olyv helps real people, fast.
Conclusion
If you want a fast, paperless, reliable loan, doing e‑KYC for personal loans is the best way. With Aadhaar‑based OTP verification, selfie upload, and secure bank transfer, everything is done digitally.
With Olyv, we make sure the process stays simple and transparent. Try it now, follow the steps above, and get your loan without hassle.
