KYC has been done very easy, work is instantly working in the post office near you, know how to do?
New investors It has become very easy to do your KYC. They can easily do KYC by going to the nearest post office. According to the information received, the Post Office has signed an MoU with the Association of Mutual Funds in India (AMFI) to provide KYC verification and document collection services through its more than 1.64 lakh post offices. This initiative will make it easier for new mutual fund investors to do KYC verification. The Department of Posts (DOP) will provide KYC verification and paper collection service facility for mutual fund investors through its post offices. Postal department employees will help investors to fill KYC form, verify self-present documents, and transfer them to asset management companies (AMCs).
How to get KYC done at the post office?
- Visit the nearest post office, where KYC facility is available (most of the major branches provide this service).
- Go to the counter and ask for the KYC update/registration form. Fill your name, address, PAN, Aadhaar, mobile number etc. correctly in the form.
- Submit the required documents. There will be biometric or OTP verification. Submit and take a receipt. KYC will be updated in 2 to 5 working days.
What is KYC?
Know your customer (KYC) means to identify the customer and identify the identity of the customer and identify the identity of the beneficiary through the documents presented for the identity proof (POI) and the proof (POA) of the address and to comply the rules, regulations, guidelines and circulars issued by the board or any other authority for time-to-time ultimate laundering.
How to check Mutual Fund KYC status?
- Visit the website of any mutual fund company or registrar and transfer agent (eg CAMS, KFINTECH).
- Click on KYC Status or KYC Check link.
- Enter your 10-contingent PAN number.
- Your KYC status will appear on the screen, such as: validated (valid),
- Registered (registered), on hold (stuck) or rejected (rejected).
Latest business news
