Challenges
Retrieve information from account opening form and KYC document provided. Validate the documents provided by matching information in Account Opening form and KYC. Validate KYC by linking the CKYC database and in case CKYC doesn’t exist create a new CKYC.
Approach:Open Source based OCR solution build to extract data from account opening form, and KYC documents such as Addhar, Passport and PAN card. The data extracted is stored in a database and matched for fields like Name, Date of birth, Address across 3 documents. In case any of the fields / photo doesn’t match a error is generated for a physical review screen build on Django. If validation is successful the PAN is validated / updated in CKYC database.