CKYC and VKYC Solutions in India

As a normal KYC procedure, all the finance-related institutions are used to record the data of every new customer who opened an account with them. Recently according to the new rule established, an authority named Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) which is an online platform, is solely responsible for maintaining i.e. receiving, storing, guarding, and retrieving the information of an investor associated with these institutions in the digital form.

The asset management companies, banks, insurance companies, and market intermediaries which are regulated by RBI, SEBI, IRDA & PFRDA have to register themselves with CERSAI and also handover the data of its existing customer base to it so that CERSAI can maintain a single and cumulative database for all the KYC. The customers need to fill out a form and also be available in person in order to carry on the verification process, if they finally get registered with CERSAI and get a KYC identification number commonly known as KIN. the customers are intimated about it through SMS on their registered mobile number. So, if a customer gets an SMS after his application filing with CERSAI that indicates he is registered for the CKYC. Now C-KYC with PiXL Technology is here to help all with our C-KYC and V-KYC Solutions in India