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Modification of KYC data

A client can modify his KYC information (previously verified by KRA) after submission of modification form

June 12, 2012 1:24 IST | India Infoline News Service
According to CDSL Ventures Ltd (CVL), a client can modify his KYC (know your customer) information (previously verified by KRA or KYC Registration Agency) after submission of completely filled modification form with documentary proofs to the intermediary.
The same may be updated by the intermediary through his KRA login, using the ‘Modify’ KYC option under the ‘KYC’ menu.
All the existing regulations and procedures pertaining to new KYC entry and dispatch would also apply to modifications in KYC data. Modification form for individual and non-individual category can be downloaded from http://www.cvlindia.com/include/pdf/Individual.pdf
The new KYC form may be used for modification of KYC data provided the word ‘Change’ is mentioned at the top of the KYC form.   
CVL is a wholly-owned subsidiary of Central Depository Services (India) Ltd, a leading securities depository in the country.

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