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How do I submit a KYC to a mutual fund?

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How do I submit a KYC to a mutual fund?

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).

Who can do KYC for mutual fund?

You can do your KYC with any SEBI registered intermediary (broker, DP or mutual fund). Typically, there are two types of KYC. There is the normal physical KYC where all the documents have to be presented at the intermediary office in person for verification.

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How does KYC work in India?

KYC process includes ID card verification, face verification, document verification such as utility bills as proof of address, and biometric verification. Banks must comply with KYC regulations and anti-money laundering regulations to limit fraud. KYC compliance responsibility rests with the banks.

How can I download KYC details?

Aadhaar based KYC (eKYC) Process

  1. Visit any KRA website and provide the Aadhaar card number.
  2. You will receive an OTP (One Time Password) on the registered mobile number.
  3. The OTP will internally link and fill up your details in the online KYC form.
  4. On successful verification, you will be e-KYC compliant.

How can I get KYC in State Bank of India?

Step 1: The customers need to scan the address for proof and identity proof to their respective bank branch via email or post. Step 2: The mail should be sent from the registered email address while sending the documents. Step 3: You need to send your KYC documents only when the KYC document is due in your account.

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Is aadhar mandatory for mutual fund KYC?

Following an amendment in the PMLA Rules, 2017, it was made mandatory to link mutual funds with the Aadhaar of investors. Failure to do so could result in the folio becoming inoperational. Investors can also be barred from making new investments or even withdrawing their money until they had linked their Aadhaar.

How to do KYC registration for mutual funds?

The KYC registration process can be completed both online and offline. Step 1: Visit the website of a fund house or any of the above-mentioned KRA’s website and create an investor account by filling in your personal details and your Aadhaar-linked mobile number so that you can verify the account using that OTP.

How to apply for KYC in CDSL?

Firstly you can download the KYC application form from CDSL’s website. Fill in the details and attach copies of your attested photograph, ID proof, address proof and PAN card.

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How to do Online KYC with Kra?

Online KYC with KRA When it comes to online KYC, the process needs to be individually with the mutual fund house, the intermediary or whichever platform you choose to invest with. The only difference that lies between offline and online KYC is that you will have to fill the form online and upload all the documents required.

Where can I get a soft copy of the KYC forms?

The soft copy of these KYC forms will be made available on the website of all Mutual Funds, AMFI and Central Depository Services (India) Limited (CDSL). You may also approach your distributor for a form.