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How do I get a mutual fund eKYC?

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How do I get a mutual fund eKYC?

eKYC Registration Process

  1. Get Ready with Aadhaar & PAN. Go to the site of the intermediary (Fincash.com) (who provides Aadhaar based KYC) and choose an option of eKYC.
  2. Enter PAN details.
  3. Enter your Aadhaar number.
  4. Enter the OTP.
  5. Fill in Additional Details.
  6. Submit to complete your KYC.

Who can video KYC?

According to moneycontrol.com, one has to provide the Aadhaar number for video-KYC. It will be verified through a one-time password which a customer will receive on his registered mobile number. People should note that a verifying agent for video-KYC must be an employee of the bank, not any third-party agent.

Is online KYC possible for mutual funds?

Online KYC for mutual funds can be completed by investors and they can choose the offline route as well. KYC is an acronym for ‘Know your customer’ which is nothing but a customer identification process conducted by all financial institutions: brokers, asset management companies, banks and likewise.

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Can Mutual Fund KYC be done online?

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.

What is required for video KYC?

The proof of possession of the Aadhaar card has been added to the list of official documents needed for verification. Video KYC involves capturing a live photo of the client with official and valid KYC documents such as the Aadhaar card or any other government KYC document, this photo is taken by a trained official.

What is the procedure for video KYC?

How to do video KYC online?

  1. Complete your Digital Account opening through Aadhaar OTP based E-KYC.
  2. Consent for Video KYC option and click on the video KYC link on the final page of the account opening section.
  3. Click on the link to start your Video KYC.
  4. Allow camera, microphone, and location access.
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How to complete the KYC process for new investors?

New investors are required to complete their KYC process before making investments. Once completed, it is valid for investments across fund houses. Investors have the choice to complete the process through E-KYC. To initiate the process, the investor must visit the fund website and click on the PAN based video KYC option.

Can I invest in mutual funds without KYC?

No, as KYC is one time exercise (central process) needs to be done before investing. Once your KYC is registered you need not to undergo same process again while investing with different mutual fund houses. How can I register my KYC?

How to complete the process of e-KYC through Pan based video KYC?

Investors have the choice to complete the process through E-KYC. To initiate the process, the investor must visit the fund website and click on the PAN based video KYC option. A KYC form is then displayed which needs to be filled. Next, an OTP is sent to the registered mobile number.

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What are the documents required to get KYC done?

Well, you can invest in mutual funds only if you are KYC compliant. You can get it done either online or offline. What are the documents required to get KYC done? 1. A passport-sized photograph2. PAN card 3. Identity proof such as your Aadhaar, passport, voter id, or driving license 4. And an address proof