Question 1

How long does it take to build a production AI system for BFSI?

Accepted Answer

Aikaara delivers production AI systems in 4-6 weeks, not quarters. For example, Centrum Broking's KYC automation went from concept to production in 4 weeks — a Big 4 consultancy had quoted 8 months for the same scope. TaxBuddy's AI tax filing system was live in 6 weeks.

Question 2

Can AI systems be RBI and SEBI compliant from day one?

Accepted Answer

Yes. Aikaara builds regulatory compliance into the system architecture, not as a bolt-on. Our systems comply with RBI FREE-AI framework, SEBI AI guidelines, and CKYC registry requirements. Centrum Broking's AI-powered KYC system has maintained zero compliance violations since launch.

Question 3

How does the RBI FREE-AI framework affect AI adoption in Indian banking?

Accepted Answer

The RBI FREE-AI framework (released August 2025) requires all regulated entities to establish board-level AI governance, maintain AI system inventories with semi-annual updates, implement model lifecycle management, ensure consumer transparency for AI interactions, and standardize AI incident reporting. Aikaara builds systems that meet all six FREE-AI compliance touchpoints from day one — governance documentation, model management, transparency, and audit trails are embedded in our architecture, not bolted on after.

Question 4

What is the RBI KYC deadline for 2026?

Accepted Answer

The RBI's 2025 KYC amendments set a June 2026 deadline for low-risk customer KYC updates. The amendments also expanded Video-based Customer Identification (V-CIP) to business correspondents and consolidated KYC directions across all regulated entities. Banks and NBFCs still running manual KYC refreshes face compliance risk. Aikaara builds automated KYC systems that handle CKYC registry verification, document validation, and PEP screening — with 85% straight-through processing and zero compliance violations.

Question 5

What is an AI software factory?

Accepted Answer

An AI software factory is Aikaara's delivery model — not a consultancy that bills by the hour, and not a platform you configure yourself. It's a dedicated team using AI-native development methodology to build custom production systems at 5-10x the speed of traditional development. Each system is built to your exact workflow, verified against formal specifications (AikaaraSpec), and deployed with autonomous 24/7 operation.

Question 6

How does AI-powered KYC automation work for Indian broking companies?

Accepted Answer

AI KYC automation uses intelligent document processing to extract and verify PAN, Aadhaar, bank statements, and address proofs in seconds. The system cross-validates against CKYC registry, PEP lists, and sanctions databases automatically. Aikaara's system for Centrum Broking achieves 85% straight-through processing — onboarding HNI clients in 10 minutes instead of 3 days.

Question 7

What BFSI processes can AI automate in India?

Accepted Answer

Aikaara automates any document-heavy, decision-intensive, or compliance-sensitive BFSI process: KYC onboarding, loan underwriting, insurance claims processing, fraud detection, regulatory reporting, payment reconciliation, credit scoring, tax filing, and customer service workflows. Common results include 85% straight-through processing rates, 40x faster document processing, and zero compliance violations.

Question 8

What does AI tax filing automation cost in India?

Accepted Answer

Aikaara offers fixed-price AI Sprint engagements starting from ₹5 lakhs for a single well-defined system, or AI Factory subscriptions from ₹8 lakhs/month for continuous delivery. TaxBuddy's AI system — which processes capital gains across 25+ broker formats in 30-45 seconds each and achieved 100% payment collection — was delivered as a fixed-scope engagement.