If you are first time investor in mutual funds, you need to comply Know Your Customer (KYC) norms. KYC norms is mandatory for all mutual fund investor. You can get it done it either offline or online.
KYC is updated on the company’s website for which it is needed. There are several documents that are needed in order to update KYC online. Here is a list of the same:
- Aadhaar card
- Driving License
- PAN Card
- Voter’s ID
- Aadhaar letter card
- Bank Account Proof
- Ration Card
Where should you submit the form?
- AMC (Asset Management Company) with which you are making an investment
- RTA (Registered Transfer Agent)
The online KYC registration can be also done easily in just a few simple steps.
The investors must fill up all the details in KYC change form. The form can be easily downloaded from the website of KRA or AMC website.
You can submit your KYC in under 2 minutes by uploading the photographs of your identity proofs from your phone. Upload photographs of your PAN Card, address proof and your signature along with a selfie video authenticating your identity. Submit self-attested copy of approved proofs along with form.
Afterwards, the form and proofs will be verified by a person who is authorized to carry out in-person verification against attested copies or originals.
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