Guidance to view KRA Status and Steps to Update

As per SEBI circular SEBI/HO/MIRSD/FATF/P/CIR/2023/0144 dated August 11, 2023, clients whose KYC status is not found validated by the KRAs, such PANs shall not be allowed to transact further in securities market till such a time their KYC is validated by KRA. This step is crucial to maintaining the integrity and security of the market and ensuring that all trading activities are conducted in a transparent and compliant manner.

Steps to check your KYC Status:
  • Visit any Mutual Fund’s or Registrar & Transfer Agent’s (RTA) Website where you have an investment.
  • Check for “KYC Status” link, if available.
  • Else, visit any of following KRA Website and click on KYC Inquiry
    CVL KRA NDML KRA DOTEX KRA CAMS KRA KARVY KRA
    Link Link Link Link Link
  • Enter your 10-digit PAN and Captcha and click on Submit.
  • Your KYC Status will be displayed as ‘KYC Validated / KYC Registered / KYC On-Hold / Rejected’
What does each KYC status imply?
  • KYC Validated (Only for Individual Investor)
    • Relax! You have to do nothing at all!
    • You can do any transaction in any financial market intermediary / mutual fund, anytime.
  • KYC Registered
    • You can continue making transactions (like Purchases, Sell, Redemptions, Switches, SIPs, etc.) in all your existing Brokerage and/or Demat Account / Mutual Fund investments without any hassle.
    • Only if you want to open a brokerage account with us / invest in a mutual fund where you don’t have any investment already, you will have to do your KYC once again.
    • Individual Investors can get KYC status changed to ‘KYC Validated’ by doing the KYC Update/ KYC Modification process using PAN and Aadhaar from XML, Digi-locker or M-Aadhaar.
    • The process to do this is simple, available on all Mutual Fund/RTA websites and takes few minutes to complete.
    • Once your KYC status changes to Validated you can open a broking account / invest in any Mutual Fund of your choice without any requirement of re-KYC.
  • KYC On-Hold/Rejected
    • The KYC status on the Mutual Fund / RTA / KRA website, will show the reason for ‘KYC On-Hold’ / ‘Rejected’ status; it could be: Mobile or Email not validated / PAN is not linked with Aadhaar / Deficiency in the KYC documents, etc.
    • You simply have to remediate the reason for KYC On-Hold / Rejected by following the steps given on the Mutual Fund Website. Once your KYC status changes to Registered / Validated you will be all set to start transacting, as per the KYC status.
    • In case your broking / demat account is with us, we have offline process where you are requested to send an email on our email IDs backoffice@indsec.co.in (For Broking & DP Account) / dp@indsec.co.in (Only DP Account) mentioning your PAN / Broking Account Client Code / Demat Client ID. We will check internally and guide you on how to get the KYC Status updated. Alternatively, if your KYC data is old and needs to be updated, you can download KYC Updation Form from http://www.indsec.co.in/client-registration-document and submit the same with us along with necessary proofs. After due verification, we will upload the required documents on KRA portal for their verification / validation.

The steps to resolve any KYC issues with Mutual Funds / RTA are easy and can be done from the comfort of your home. In case of any difficulties, feel free to contact your intermediaries or KRAs office / helpline (available on their website) for further assistance.