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Question #246Financial Education
Financial Education
Question #246

IS KYC registration mandatory to open a Fincare services account?

The Securities and Exchange Board of India (SEBI) has made it mandatory for all online investors to be KYC-registered (Know Your Client). Hence, at Fincare services, we necessarily require our customers to be KYC compliant. We have launched a new method of KYC registration to make this step quick and paperless like never before. Called the ‘Aadhaar-based eKYC system’, all you have to do is enter your PAN and Aadhaar number, and that’s it! Your eKYC will be complete. You will be eligible to invest in a selected number of schemes, and you will enjoy access to the full range of services on Fincare services. To get access to all the mutual fund schemes in the Fincare services universe, you’ll have to download, sign and send your KYC registration form (available in the ‘Downloads’ section of your account), along with a few supporting documents. We’ll get you KYC-registered on your behalf.
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