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    E-Kyc Process Specification Document

    Uploaded by

    Manish Agarwal
    E-KYC is a mandatory process for verifying a customer's identity when buying financial products. It involves checking the customer's PAN card number on the CAMS KRA and CVL KRA websites. If the KYC status is "Registered - New KYC", documents are downloaded from CVL KRA by entering the PAN number and date of birth. The downloaded e-KYC documents are saved, and the E-KYC status is updated in records, completing the verification process.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    E-Kyc Process Specification Document

    Uploaded by

    Manish Agarwal
    132 views7 pages
    E-KYC is a mandatory process for verifying a customer's identity when buying financial products. It involves checking the customer's PAN card number on the CAMS KRA and CVL KRA websites. If the KYC status is "Registered - New KYC", documents are downloaded from CVL KRA by entering the PAN number and date of birth. The downloaded e-KYC documents are saved, and the E-KYC status is updated in records, completing the verification process.

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    E-KYC PROCESS SPECIFICATION DOCUMENT.docx

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    E-KYC is a mandatory process for verifying a customer's identity when buying financial products. It involves checking the customer's PAN card number on the CAMS KRA and CVL KRA websites. If the KYC status is "Registered - New KYC", documents are downloaded from CVL KRA by entering the PAN number and date of birth. The downloaded e-KYC documents are saved, and the E-KYC status is updated in records, completing the verification process.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    132 views7 pages

    E-Kyc Process Specification Document

    Uploaded by

    Manish Agarwal
    E-KYC is a mandatory process for verifying a customer's identity when buying financial products. It involves checking the customer's PAN card number on the CAMS KRA and CVL KRA websites. If the KYC status is "Registered - New KYC", documents are downloaded from CVL KRA by entering the PAN number and date of birth. The downloaded e-KYC documents are saved, and the E-KYC status is updated in records, completing the verification process.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 7

    E-KYC

    (PROCESS SPECIFICATION DOCUMENT)


    ABOUT E-KYC
    E-KYC is a process to verify the customer’s identity and is mandatory for customers buying
    products of any financial institution.
    As per the SEBI compliance it is necessary for an advisory firm to do the E-KYC of our
    customer who is taking the advisory service for the equity investment. E-KYC is one-
    time exercise made mandatory to invest in the Equity or Mutual Funds.

    PROCESS of E-KYC VERIFICATION


    Following are the steps taken by our team to do the E-KYC of our customer: -
    1. First of all, we take the right pan card from the customer because without
    having the right pan card our team is not able to the e-kyc of the customer.
    2. After having the right pan card we will check this pan card number on the
    CAMS KRA website.

    What is CAMS KRA?


    CAMS KRA is a KYC registration agency (KRA) in India. CAMSKRA offers KYC services
    for all Mutual Funds, SEBI compliant stock brokers, etc.
    We have to enter the Pan Card number on the CAMS KRA website.
    (https://camskra.com/)
    After submitting the pan card number and captcha code click on the submit button
    and details will be shown to the user.
    In details we need to check the following things: - KRA Name and KRA Status

    Types of KRA Name

    There is different type of KRA and Customer will fall under any of these following
    KRA: -
     CVL KRA
     DOTEX KRA
     NDML KRA
     KARVY KRA
    Types of KYC Status

    It shows the status of the kyc of the customer that it falls under which state. There is
    different type of the KYC status and customer will under any of these status.
     KYC Registered – New KYC
     KYC on Hold
     MF KYC
     Incomplete Document
     Rectification in Progress

    If the status of the KYC is KYC Registered – New KYC, then we will follow the next
    step otherwise we will stop the E-KYC process here itself.

    3. Now if the KYC Status is KYC Registered – New KYC then we will check the Pan
    Card number on CVL KRA website. (https://www.cvlkra.com/)
    4. Sign in to the CVL KRA website with the help of Log ID, Password and
    Captcha Code. (https://www.cvlkra.com/)

    5. After log in into this website under the KYC tab go to the Fetch KYC sub tab.

    6. After clicking on the Fetch KYC Tab a new screen will be open where user have
    to enter the Pan Card number and Date of Birth mention over pan card
    number.
    7. Enter the valid Pan Card No. and valid Date of Birth/ Date of Incorporation and
    submit it.

    8. After enter the valid details of the pan card no. and date of Birth below screen
    will appear where list will be given of all the document of the customer.

    9. Now user have to select all the documents given under the Doc Name and click
    on the Download Selected Files.
    10. The file will be downloaded in the PDF format.

    11. Save the downloaded files in the folder wherever user wants to save it.

    12. After saving these downloaded E-KYC documents update the status of E-KYC
    done in the Excel as well.

    The process of the E-KYC verification is completed now.

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