New KYC Guidelines: Everything you need to know

Modified on Thu, 30 May at 2:29 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: The first thing that you need to know is your KYC status: Visit https://www.camskra.com/ -> Enter your PAN -> Click 'I'm not a robot' -> Submit

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

Status	Definition	Next Steps for you
Validated	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
Registered	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.

Please note:

In case you are a new Investor to Zerodha Fund House but have invested in mutual funds -> While doing the Re-KYC select the existing AMC in which you have already invested.
If you are a new investor to Mutual Fund -> Proceed with fresh KYC via this link: https://www.camsonline.com/Investors/Transactions/KYC/Paper-less-KYC

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.

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