Questions and Answers
What is the main purpose of requiring certain permissions during the onboarding flow?
How does the CKYC initiative benefit the onboarding process?
What is NOT a purpose for which the required consents are used?
How is the safety of user data emphasized in the information provided?
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What does CKYC stand for?
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What distinguishes the DAS and NON-DAS modules in terms of data handling?
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Which of the following best describes a key aspect of the onboarding journey?
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Which statement is true regarding data accuracy in applications relevant to the modules mentioned?
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What is a notable characteristic of the partners classified under DATA with DAS?
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In which way does the onboarding process primarily affect the use of data in applications?
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Study Notes
About Us
- Introduction to SalarySe and its core features.
Onboarding Journey
- Structured onboarding process divided into multiple stages.
Modules
- SalarySe is developing two repayment modules: DAS and NON-DAS.
DAS Module
- Specific features and functionalities not detailed.
NON-DAS Module
- Specific features and functionalities not detailed.
Partners
- Partnerships categorized into Banking, Lending, and Data-focused entities.
Types of Partnerships
- Banking Partners: Details unspecified.
- Lending Partners: Includes unnamed organizations.
- Data with DAS: Collaborations with companies such as Bombay Shaving Company, Neemans, Synoriq, Tranzact, TFT, and Inshorts.
- Data with NON DAS: Details unspecified.
- Non Data with NON DAS: Partnership with companies like Wipro and Coca-Cola.
List of Products
- Information regarding required consents is outlined to ensure a secure onboarding flow.
- Assurances that collected data will only be used for account creation and KYC validation, with a strong emphasis on privacy and safety.
CKYC
- CKYC stands for Central KYC, initiated by the Government of India, streamlining the onboarding process by consolidating KYC data.
- SalarySe utilizes digital platforms like Digilocker to verify identities and documents efficiently.
Digilocker
- Digilocker is a government initiative under the Digital India project for document storage and credential verification.
- Users can store important documents such as PAN cards, driving licenses, Aadhaar cards, and educational certificates securely.
Document Verification
- Digilocker will be leveraged to validate identity and perform KYC through document verification like Aadhar and PAN.
- Issues with name mismatches during FD bookings must ensure consistency between Aadhar and PAN records for success.
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Description
Explore the essential features of SalarySe, including its structured onboarding journey and the development of DAS and NON-DAS repayment modules. Learn about the various partnerships with banking, lending, and data-focused entities, as well as insights into product offerings and data security.