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How do I get a CKYC document?

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How do I get a CKYC document?

CKYC OR Central KYC cKYC is the new single platform KYC for all financial products. It is a one-time process that one needs to undergo.

How do I get KYC to invest in mutual funds?

In case of video KYC, the investor needs to upload scanned images of proof of identity, address and signature along with a photograph. In case of a physical KYC, a KYC form needs to be filled up and submitted along with address and identity proof (as per prescribed document list).

How do I apply for CKYC online?

KYC

  1. Step 1: Download the KYC application form by clicking here.
  2. Step 2: Download Investment Application from by clicking here.
  3. Step 3: Fill in the forms and courier them to the address mentioned at the bottom.
  4. Step 4: Send us the following additional documents along with the application form:
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Which agency maintains CKYC data?

This data is accessible to all authorized financial entities. The financial institution can use the data as required. The Central Registry of Securitisation and Asset Reconstruction and Securities Interest of India (CERSAI) manages CKYC Registry. The Union Budget of 2012-13 announced the CKYC.

Is CKYC compulsory?

Is it mandatory for completing CKYC? PAN is not required to be mandatorily mentioned by the applicant on the CKYC application form provided by CERSAI. This form will be used by institutions which do not require PAN to be provided mandatorily for account opening / transaction purposes.

How do I get a CKYC number?

How do I get a CKYC number? You can get a 14-digit CKYC number, known as KYC Identification Number (KIN) by submitting an application along with the requisite documents to any authorised financial institution.

Why is KYC required?

The objective of KYC guidelines is to prevent banks from being used, by criminal elements for money laundering activities. It also enables banks to understand its customers and their financial dealings to serve them better and manage its risks prudently.

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What is KRA for mutual fund?

KRA (KYC Registration Agency) compliance has been made mandatory from the beginning of 2013. This is a one-time effort. Once you become compliant, this will be valid across all mutual funds.

What is KRA and CKYC?

KYC Registration Agency (KRA) is an agency registered with SEBI under the Securities and Exchange Board of India [KYC (Know Your Client) Registration Agency] Regulations, 2011. The KRA will maintain KYC records of the investors centrally, on behalf of capital market intermediaries registered with SEBI.

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