List of KYC Articles

E-KYC or online KYC is an effective way to submit your identity and address proofs online. It is a standardized way to check the authenticity of customers on a portal by the Indian government.

Learn what a CKYC number is, and why it matters for investors. Understand how CKYC works, the benefits of Central Know Your Customer (CKYC) registration, types of CKYC accounts.

KYC or ‘Know your customer’ is a verification process, mandated by the Reserve Bank of India, for institutions to confirm and thereby verify the authenticity of customers. To verify their identity and address, they need to submit their KYC documentation before investing in a variety of financial instruments.

The Reserve Bank of India made the Know Your Customer (KYC) process mandatory in 2002 for the customers before they begin their investing journey. All the banks had to be KYC-compliant by December 31, 2005. According to the Prevention of Money Laundering Act, 2002, and the Securities Exchange Board of India-KYC Registration Agency (SEBI-KRA) Rules, 2011, it is compulsory for all market participants to follow the KYC guidelines.

eKYC, often called paperless KYC, is the process of electronically verifying the customer’s credentials. This is mandatory for everyone to avail of the services from any financial institution. It is also called Aadhaar-based eKYC as your identity is verified electronically wherein the service provider can access the details of your Aadhaar from the Unique Identification Authority of India (UIDAI) database.

The AO code, or accessing officers' code, is a very important part of the taxation process in India. It helps ensure that all individuals and businesses are thoroughly examined per the relevant regulations. The AO code, or assessing officer code, helps identify the correct tax jurisdiction and makes the process smooth for taxpayers and the government.

To change your mobile number on your Aadhaar card, you need to visit the nearest Aadhaar Seva Kendra. These centers are set up across India to assist citizens in Aadhaar-related services.

Knowing your PAN Card acknowledgment number is important to track any financial transaction in your career, such as filing for income tax returns, opening a bank account, buying or selling real estate property, and investing in the stock market.

E-KYC or online KYC is an effective way to submit your identity and address proofs online. It is a standardized way to check the authenticity of customers on a portal by the Indian government.

Learn what a CKYC number is, and why it matters for investors. Understand how CKYC works, the benefits of Central Know Your Customer (CKYC) registration, types of CKYC accounts.

The Reserve Bank of India on Tuesday said that banks may accept e-Aadhaar downloaded from Unique Identification Authority of India (UIDAI) website as an officially valid document under under prevention of money laundering (PML) Rules.

In today's fast-paced digital world, knowing how to check PAN card status is crucial. PAN card is an integral part of all financial transactions and tax-related matters. Therefore, we must keep ourselves updated about the knowledge on how to do it smoothly and conveniently. The website and portals are built with quite a user-friendly interface and can be accessed by all.

KYC or ‘Know your customer’ is a verification process, mandated by the Reserve Bank of India, for institutions to confirm and thereby verify the authenticity of customers. To verify their identity and address, they need to submit their KYC documentation before investing in a variety of financial instruments.

The Reserve Bank of India made the Know Your Customer (KYC) process mandatory in 2002 for the customers before they begin their investing journey. All the banks had to be KYC-compliant by December 31, 2005. According to the Prevention of Money Laundering Act, 2002, and the Securities Exchange Board of India-KYC Registration Agency (SEBI-KRA) Rules, 2011, it is compulsory for all market participants to follow the KYC guidelines.

The PAN is a ten-digit alphanumeric code given by the Income Tax Department of India, while Aadhaar is provided by the UIDAI.The linkage process can be conveniently fulfilled through both online and offline methods, offering flexibility to citizens. The government's goal is to promote transparency and create a seamless and efficient financial environment, benefiting the government and the citizens of India.