- At FundzBazar, eKYC can be done in 3 simple steps and in just 2 mins. All it require is a Pan No. and Aadhaar No.
Step 1: Investor has to register him/herself by providing email id and mobile no.
Step 2 : He/She has to enter PAN, Aadhaar no. and confirm through OTP sent on mobile no. registered with Aadhaar.
Step 3 : He/She has to provide additional details and it’s done.
- With eKYC, now there is no need to fill KYC form, attach supporting docs – Pan Card, driving license, etc. and visit the nearest MF office to submit the documents and to do IPV – In Person Verification
- In case of Physical KYC, investor has to wait for 2-3 weeks to get his status KYC-Verified. eKYC has reduced this period to 2 mins. only.
- OTP based eKYC:
- KYC is done through confirmation of OTP sent on mobile number registered with Aadhaar.
- Under this option investor will be allowed to invest upto Rs. 50,000 per mutual fund per financial year.
- Bio-metric eKYC:
- KYC is done through authentication of your finger print scan through UIDAI approved devices.
- Under this option investor can invest without any limit.
- To complete biometric eKYC, investor has to personally visit any of the Prudent branches.
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