Fed up of doing KYC again and again? Get CKYC done once and for all

SIBY JEYYA
The first need is a KYC (Know Your Customer), whether it is for opening a bank account or investing in a mutual fund. Banks collect all consumer documents for this purpose. Aadhar, PAN, and other pertinent papers must be provided by the customer as part of the KYC procedure.
 
You may obtain a CKYC number by following a simple procedure if you wish to prevent this trouble. Once you have this number, you will no longer need to complete KYC again. This facility is offered by the banks.
 

What is CKYC?

Your identification is connected to CKYC, a unique 14-digit number that makes it simple to retrieve all of your identity papers. It retrieves the data from a centralized database in india that houses consumers' KYC data. The government of India's single Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) serves as a single repository for KYC documents.
 
In a nutshell, it functions similarly to a safe wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW">digital vault for personal data and identity. As a result, individuals are not required to go through the KYC procedure each time they wish to create an account or make an investment. Banks might use CKYC to obtain the information they want.

Advantages of CKYC
 
• CKYC data may be updated as needed; there is no KYC necessity to create a bank account or begin a new investment each time.
• A single CKYC number for a variety of financial products, including stock markets, mutual funds, and insurance.
• Secure and speedy verification
• Facilitates quick financial procedures

How to create your CKYC?

Go to any financial institution (banks, insurance companies, mutual funds and other financial institutions) registered with CKYC.
Submit the required documents like PAN card, Aadhaar card and address proof.
The financial institution will verify your documents with the issuing authorities.
After successful verification, you will get a unique 14-digit CKYC number.

How to check your CKYC number?

Visit the link: https://www.ckycindia.in/kyc/getkyccard.
Enter your registered mobile number and captcha.
Click on Next and get an OTP on RMN.
Enter the OTP and receive a link on RMN.
Use the link to download your CKYC card.
The PDF will be password protected. The password will be your date of birth in DDMMYYYY format.
 


 


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