The Investors are requested to note the table below with regard to changes in the KYC validation<\/p>\n\n\n\n
and verification process at KRAs w.e.f. June 01, 2024, as per directions from SEBI.<\/p>\n\n\n\n Also, Please note that the existing KYC records will be updated by KRAs on\/after May 31, 2024 as follows,<\/p>\n\n\n\n\n \n
\n \n Sr no.<\/th>\n Attributes for Validation \/ Verification by KRAs<\/th>\n Result of validation at KRAs<\/th>\n Status of KYC record in KRA system<\/th>\n Remarks<\/th>\n <\/tr>\n <\/thead>\n \n A<\/td>\n \n i)<\/strong> PAN is Existing and Valid.
\n ii)<\/strong> Name and DOB in KYC data matches with ITD records
\n iii)<\/strong> Name and Address in KYC data matches with the source XML file or details extracted post-scanning of QR code on e-AADHAAR, m-AADHAAR or scanned copy of the AADHAAR card as uploaded\/provided along with the KYC record by SEBI registered Intermediary (SRI)
\n iv)<\/strong> Both email and mobile as uploaded by SRI in KYC record are validated through delivery of email\/SMS or through OTP.
\n v)<\/strong> PAN AADHAAR linkage response from ITD is any of Yes or PAN is Operative for Resident Indian category of Investors and is Not applicable and PAN is Operative for NRI, Foreign National category of investors, persons of age 80 years and above and PAN holders from the states of Assam, Meghalaya and Jammu and Kashmir.\n <\/td>\n All 5 points (A-i to A-v) are validated by KRAs (There is no change in this process currently followed by KRAs and will be continued on as-is basis)<\/td>\n KYC Validated<\/strong><\/td>\n As per FAQs issued by SEBI, Mobile is mandatory to be uploaded in KRA system for KYC records where online KYC is done by SEBI Registered Intermediaries (SRIs)<\/td>\n <\/tr>\n \n B<\/td>\n <\/td>\n Points A-i, A-ii are validated by KRAs.
Source Validation of KYC as in point no A-iii cannot be performed by KRAs\/ is not possible.
With regard to point (A-iv) Either email or mobile gets validated by KRAs
A-v- PAN and Aadhaar not linked \/PAN is not operative as per the response received from ITD by KRAs<\/td>\n KYC Registered<\/strong><\/td>\n <\/td>\n <\/tr>\n \n C<\/td>\n <\/td>\n Points A-i, A-ii, A-iii are validated by KRAs and A-v (PAN may be operative\/inoperative) However, neither email nor mobile gets validated by KRAs (Point no A-iv)<\/td>\n On Hold<\/strong><\/td>\n <\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n<\/figure>\n\n\n\n\n