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KYCKART Guide · July 2026Guide

What Is Video KYC (V-CIP) and How Does It Differ from e-KYC?

V-CIP gives accounts full face-to-face status under RBI rules. Aadhaar OTP e-KYC does not. This guide explains what that distinction means for compliance, onboarding design, and product decisions at banks, NBFCs, insurers, and fintechs.

calendar_monthJuly 2026
schedule6 min read
library_books6 Cited Sources
personBhanujeet Choudhary, Head of Compliance

For compliance teams and product managers at banks, NBFCs, insurers, and fintechs, the choice between Video KYC (V-CIP) and Aadhaar OTP e-KYC is not just a user-experience decision. It is a regulatory one. The two methods carry different compliance status under Indian KYC law, and that difference determines what a customer can do with the account they open.

The core question is face-to-face status. A fully compliant V-CIP session achieves it. Aadhaar OTP e-KYC does not. Everything in this guide flows from that single distinction.

This guide covers what each method is, the compliance difference that matters most, how they compare across key dimensions, what V-CIP covers that e-KYC cannot, the technical obligations for running a compliant V-CIP, how terminology differs across RBI, IRDAI, and SEBI, and a practical frame for choosing between the two.

01

What Each Method Is

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What Is V-CIP?

V-CIP (Video-based Customer Identification Process) is a real-time audio-visual session between a customer and a specially trained, authorised official of the Regulated Entity (RE). The RBI first permitted V-CIP on January 9, 2020, via an amendment to the KYC Master Direction, 2016.[1] A second amendment in May 2021 expanded its scope and elevated its regulatory status: a fully compliant V-CIP session is now treated on par with a face-to-face Customer Identification Process (CIP).[2]

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What Is e-KYC?

Under RBI regulation, e-KYC specifically means Aadhaar-based electronic authentication. It has two modes: OTP-based (the customer authenticates via a one-time password sent to their Aadhaar-linked mobile number, allowing the RE to retrieve demographic data from UIDAI) and biometric (fingerprint or iris scan, restricted to Aadhaar-certified agencies). OTP-based e-KYC is self-serve, involves no officer, and can complete in under two minutes.

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Terminology Note

e-KYC specifically means Aadhaar-based authentication. It is not a generic term for “digital KYC.” Using it that way creates compliance ambiguity and can mislead product and legal teams about which regulatory obligations apply.

02

The Compliance Difference That Matters Most

The RBI classifies OTP-based e-KYC as non-face-to-face (NFTF). Accounts opened this way are subject to transaction limits on aggregate debits per year: the applicable cap varies by regulated entity type under the November 2025 Master Directions, with banks, NBFCs, payment aggregators, and Urban Co-operative Banks each carrying different thresholds (verify the applicable figure for your entity category).[4] NFTF accounts are also classified for Enhanced Due Diligence (EDD). A fully compliant V-CIP session removes both constraints: the account carries face-to-face status from the moment it clears the concurrent audit.

V-CIP is one of only three onboarding methods that achieves face-to-face status under RBI rules: physical in-person, Digital KYC as defined under paragraph 16 of the Master Direction, and a fully compliant V-CIP session.

The RBI’s June 2025 FAQ document confirmed this three-method framework.[3] An account opened via Aadhaar OTP e-KYC works for low-value, high-volume onboarding where the RE is prepared to apply EDD controls and operate within the applicable transaction limit. V-CIP is the right path when the customer needs unrestricted account functionality, when the product type involves higher risk, or when EDD classification from NFTF status would add disproportionate compliance overhead.

03

Key Differences Side by Side

DimensionAadhaar OTP e-KYCV-CIP
Officer involvementNone. Entirely self-serve.Required. Specially trained RE official conducts the live session.
Time to completeUnder 2 minutes.5 to 10 minutes end-to-end.
Aadhaar dependencyRequired. Customer must have Aadhaar with registered mobile number.Not required. Accepts OVD, offline Aadhaar XML/QR (within 3 days), CKYC records, or scanned OVD.
Account activationNo post-session audit required.Concurrent audit by a second authorised officer before account goes live.
Regulatory statusNon-face-to-face (NFTF). Transaction limits apply. EDD required.Face-to-face equivalent. No transaction cap. No NFTF classification.
Infrastructure obligationNo on-premises infrastructure required.Infrastructure on RE premises, secured network domain, periodic VAPT by RBI-accredited agencies.
04

What V-CIP Covers That OTP e-KYC Does Not

The May 2021 RBI amendment expanded V-CIP to cover customer types that OTP e-KYC does not reach cleanly: proprietors of proprietorship firms, authorised signatories, and beneficial owners (UBOs) of legal entity customers.[2] It also established V-CIP as a valid method for converting existing minimum-KYC or half-KYC accounts (opened via Aadhaar OTP e-KYC) into full-KYC accounts with face-to-face status.

V-CIP is also a permitted method for periodic KYC updation. The RBI KYC Master Direction sets re-KYC frequency for RBI-regulated entities by customer risk rating: high-risk customers at least every two years, medium-risk at least every eight years, and low-risk at least every ten years.[1] IRDAI and SEBI periodic review requirements follow their own frameworks and are not covered here. The June 2025 amendment formally permitted digital methods including V-CIP and Aadhaar OTP for periodic re-KYC.[3]

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Key Takeaways

  • V-CIP can onboard proprietors, authorised signatories, and UBOs of legal entities.
  • V-CIP converts half-KYC accounts (opened via OTP e-KYC) into full-KYC accounts.
  • V-CIP is a valid channel for periodic re-KYC under the June 2025 RBI amendment.
05

Technical Compliance Requirements for V-CIP

Running a compliant V-CIP is not just a video call

The RBI imposes specific technical and process obligations on V-CIP infrastructure and session conduct.[1] These apply across all RBI-regulated entities running a V-CIP implementation.

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Liveness and Anti-Spoofing

The system must detect face liveness, prevent spoofing, and perform a face match. Randomised question sequences confirm real-time interaction: pre-recorded video cannot pass a compliant session. If the customer appears to be prompting or coaching the officer’s responses, the session must be aborted. The 2025 Master Directions clarified that specific facial gestures (blinking, smiling, frowning) are not mandatory for liveness checks, improving accessibility for differently-abled individuals. Secondary sources report that the August 2025 update requires detection of AI-generated or deepfake faces: this has not been confirmed against primary RBI circular text and should not be relied upon as a compliance requirement until verified.

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Geo-Tagging and Geography

Recordings must be geo-tagged with live GPS coordinates and a date-time stamp embedded in the recording. The system must detect and block connections from IP addresses outside India or from spoofed IPs. Under current RBI rules, V-CIP is not available to customers connecting from abroad. SEBI issued a proposal in October 2025 to relax geo-tagging requirements for NRI clients under its VIPV framework: that proposal was in public comment as of November 2025 and applies to SEBI-regulated entities only. No equivalent RBI relaxation exists as of the sources reviewed for this piece.

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Video Storage

Recordings must be stored on India-based, secure systems with date-time stamps enabling historical retrieval, per applicable record management norms. Activity logs including the credentials of the conducting official must be preserved alongside each recording.

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Session Rules

Printed copies of e-documents are not permitted during a V-CIP session. If the session is disrupted, it must be restarted in full, not resumed. Aadhaar numbers must be redacted or blacked out on any document displayed during the session.

06

Sector-Specific Terminology Matters

Video-based customer identification exists across all three major Indian regulators, but each uses a different term and operates a different framework. Applying rules from one framework to another is a common compliance mistake.

RBI[1]

V-CIP

Video-based Customer Identification Process

Governs banks, NBFCs, and payment aggregators. Face-to-face status achieved on full compliance. Transaction limits and EDD apply to NFTF accounts.

IRDAI[6]

VBIP

Video Based Identification Process

Guidelines dated September 21, 2020. One of five equivalent IRDAI KYC methods. RBI transaction-cap logic does not apply. Choice is driven by customer preference and operational setup.

SEBI[5]

VIPV

Video In-Person Verification

Circular SEBI/HO/MIRSD/DOP/CIR/P/2020/73 dated April 24, 2020. Governs stockbrokers and mutual fund distributors. NRI geo-tagging relaxation proposal in public comment as of November 2025.

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Do Not Cross-Apply RBI Rules to IRDAI or SEBI Contexts

For NBFCs: the November 28, 2025 consolidated Master Directions extended V-CIP obligations to payment aggregators and formalised sector-specific directions. NBFCs carry the same V-CIP obligations as banks, with one difference: the NBFC-specific direction excludes provisions on Business Correspondents and foreign students that appear in the bank directions.[4]

07

Choosing the Right Method

A practical frame for compliance and product teams

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Use Aadhaar OTP e-KYC when…

  • The customer has an active Aadhaar with a registered mobile number.
  • Speed of onboarding is the primary constraint.
  • The product does not require full account functionality.
  • The RE can apply EDD controls and operate within applicable transaction limits.
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Use V-CIP when…

  • The customer needs unrestricted account functionality.
  • The customer lacks an Aadhaar-linked mobile number.
  • The customer is a proprietor or beneficial owner of a legal entity.
  • EDD classification from NFTF status would add disproportionate compliance overhead.
  • An existing half-KYC account needs to be converted to full status.
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How KYCKART Helps

KYCKART’s V-CIP solution is built to address RBI’s technical and process obligations across liveness detection, concurrent audit workflows, geo-tagging, and session management. Speak with our team to understand how it maps to your institution’s specific onboarding obligations. Regulatory compliance remains the responsibility of the regulated entity.

Frequently Asked Questions

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Bhanujeet Choudhary

Head of Compliance, KYCKART

Published July 21, 2026

KYCKART Intelligence

Build a V-CIP Workflow That Meets RBI Standards

KYCKART’s V-CIP solution is built to address RBI’s technical obligations across liveness, concurrent audit, storage, and session management. Speak with our team to see how it fits your onboarding stack.

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