2.1 Insta SMB Onboarding

Insta SMB Onboarding feature allows user to onboard party using a single screen.

To initiate the insta onboarding process:

1. On the Homepage, under Party Services, click Insta Party Management.
2. Under Insta Party Management, click Onboarding.
   The Onboarding screen is displayed.

   Figure 2-1 Onboarding - Insta Party Management

   
   

   
   Description of "Figure 2-1 Onboarding - Insta Party Management"

   
   
3. On the Onboarding screen, specify the fields. For more information on fields, refer to the field description table.

   Table 2-1 Onboarding - Field Description

   Field	Description
   Party Type	Select Small and Medium Business from the drop-down values. The available options are: Retail Small and medium Business
   KYC Reference Number	Specify the KYC reference number or click Search icon for a KYC reference number, if KYC record is available for the party. Selection of “Party Type” is not required if the KYC reference number is available: Note: Refer to the KYC Management section for the KYC Reference Number.

4. Click Onboard Now.
   The Insta SMB Onboarding screen is displayed.

   Figure 2-2 Insta SMB Onboarding - Party Information

   
   

   
   Description of "Figure 2-2 Insta SMB Onboarding - Party Information"

   
   

• Insta SMB Onboarding - Basic Details
  You can add basic details such as business and address of the customer to be onboarded in the Basic Details screen.
• Insta SMB Onboarding – Document & Images
  Section to upload party documents including the supporting document and signatures.
• Insta SMB Onboarding – Relationships
  The details about the relationships of the customer to be onboarded are added in the Relationship segment. Adding relationship details is beneficial to both the customer and the bank during critical events.
• Insta SMB Onboarding - Membership & Association
  Section to add membership and association information related to the party.
• Insta SMB Onboarding - Financial Profile
  Section to add financial information related to party including asset, liability, income, and expense.