NSE-NMF-II has tied up with CAMS (Computer Age Management Services Pvt. Ltd.) to administer KYC through online route.
As you might be aware, recently SEBI had issued circular in Jan 2016, enabling eKYC in a paperless environment for those who have already registered for Aadhaar and provided their mobile number. This has replaced the current paper based KYC process, which require signature, documents and also IPV (In Person Verification).
There are two methods of eKYC – OTP based and Bio-Metric and currently we have enabled OTP based eKYC and this has the restriction of investment of Rs.50,000 per year / per mutual Fund.
Benefit of this:
For new or first time investors, who have not done KYC so far, they may now request us to do their eKYC. Post this, upon submission of signed IIN Form with documents specified in the Form (including cancelled Cheque copy), we shall activate the Customer; this will enable you to initiate hassle free transnational experience. We are also taking actively pursuing to make our platform to provide full paperless environment and will update you, soon.
We are sure that you would appreciate our efforts in providing more features in our platform and simplification of process, thus enabling you to concentrate on other activities (non-operational) to grow your wealth portfolio.
Please click here for eKYC enabled in our NSE-NMF-II platform.