New KYC Guidelines: Everything you need to know

Modified on Fri, 24 May 2024 at 08:39 PM

In case of transaction rejection due to a KYC-related error, you will have to either undergo re-KYC or validate your phone and email based on your current KYC status.

KYC Registartion Agency(KRA) is an agency registered with Securities and Exchange Board of India. The KRA will maintain KYC records of the investors centrally, on behalf of capital market intermediaries registered with SEBI

Step 1:is  The first thing that you need to know your KYC status. To know your KYC status: Visit> Enter your PAN>Click 'I'm not a robot'>Submit

Step 2: Now let's understand different KYC statuses:



Next Steps for you


KYC based on Aadhaar with validated mobile and email.

No next steps. Validated status means that you can do mutual fund investments across all AMCs


KYC based on Non-Aadhaar OVD with validated mobile and email.

For transacting in the existing Fund house: No steps are required.

For transacting in new fund houses, investors will have to do a Re-KYC.

Click here to do Re-KYC

On hold/Rejected

KYC based on non-OVD or invalid contact details.

No transactions are allowed with existing or new fund houses until fresh KYC or contact details are updated.

Click here to do a Re-KYC.

Under Process

This status shows up if the KYC is recently updated and under processing at KRAs. 

If your KYC status is ‘Under Process’ within 15 days, then you can transact. If it is beyond 15 days, then you will have to do a re-KYC for transacting.

You will have to do the re-KYC using an officially valid document (preferably Adhaar). In case you are not doing your KYC using your Adhaar, these are the following documents that you can use : 

  • Driving license 

  • Passport

  • Voter's Identity Card issued by the Election Commission of India

  • Job card issued by NREGA duly signed by an officer of the State Government.

  • Letter issued by the National Population Register containing details of name and address

  • Any other document as notified by the Central Government in consultation with the Regulator

NRIs corner:

  • Due to issues with passport validation, and UIDAI's facilitation of Aadhaar for NRIs, the requirement for portability of KYC records will be relaxed for one year until April 30, 2025.
  • To make transactions in the securities market easier, validation of either the mobile number or email address will be required for NRIs to transact.
  • NRIs, whose KYC details cannot be verified by KRAs, will be allowed to sell or redeem their investments, subject to adequate due diligence by intermediaries. The client's email address will be considered optional.
Please note: 

For any KYC-related queries reach out to us at  08069601102. We are available on all business days from 10 AM to 6 PM.

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