Request received - loud & clear!
Returning you to where you were...
Central Know Your Customer (CKYC) is a centralised repository for KYC documents of individuals who wish to use financial services across various financial institutions. This has eliminated the need to complete the KYC procedure with each institution individually. During the union budget 2012-13, the CKYC initiative was introduced and came into effect on 1 February 2017.
With the introduction of CKYC, the process of onboarding customers through KYC verification has become simple and quick. The Central Registry for Securitization Asset Reconstruction and Security Interest of India (CERSAI) is responsible for maintaining the KYC records of customers. Storing KYC records in a centralised repository facilitates quick and convenient access to a customer’s data for various financial institutions.
To complete your CKYC, you can visit the registrar's office (CAMS) office or contact any financial institution that is regulated by the RBI, IRDA, PFDRA, or SEBI.
The documents required to get your CKYC done are as follows:
The verification of your form and documents will be done via an in-person verification (IPV) process. A 14-digit KYC Identification Number (KIN) will be assigned to you after the completion of verification. When availing of financial services, you should provide this CKYC number to demonstrate that you are CKYC compliant.
The types of CKYC accounts are as follows:
The status and CKYC number can be checked online on the web portal of any financial institution that offers a CKYC check service.
Here are the steps to check your CKYC status online:
Central Know Your Customer (CKYC) is a centralised repository for KYC documents of individuals who wish to use financial services across various financial institutions.
On submitting the relevant documents to a financial institution, you will receive a 14-digit KYC Identification Number (KIN).
Yes. You can check your CKYC status online.
No. Unlike KYC, CKYC is not mandatory.
CKYC has been effective from 1 February 2017.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
Gain an edge by connecting with us via email. We promise never to spam you.
Request received - loud & clear!
Returning you to where you were...
Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.