Know Your Customer (KYC) is a one-time activity whereby you are verified for investing in the securities market in India. This has been made and is overseen by all SEBI registered entities such as mutual fund houses, depository participants or KYC Registration Agencies (KRAs). There are certain details that must be furnished to these institutions before anyone can begin transacting.
While the traditional means of getting your KYC done was by visiting a branch of a mutual fund house, we now bring you a quicker, easier way to do it eKYC.
eKYC simplifies the KYC procedure, making it easy for anyone to begin transacting. No documentation, no paperwork and no fuss! All you need is your PAN number and Aadhaar to register online. Simply enter these details, verify the information and authenticate yourself through a one-time-password (OTP). Once authenticated, you can begin transacting immediately!
Enter your PAN number
Verify your Aadhaar
|In-person verification||Not required||✔|
|Branch visit||Not required||✔|
|New purchase possible||✔||✔|
|Amount of purchase||Rs.50,000 p.a.||No limit|
|Switch between funds||✔||✔|