Further, there are 3 KYC verification processes which are as follows:
1. Steps for a KYC Verification Process Online
The steps for the digital process are as follows –
Step 1: Visit the official website of the KYC Registration Agency (KRA).
Step 2: Create an account with your details.
Step 3: Enter your Aadhaar details with your registered mobile number.
Step 4: Verify by entering the received OTP.
Step 5: Upload a self-attested copy of the Aadhaar card.
Step 6: Accept the terms and conditions of the declaration.
2. Steps for a KYC Verification Process Offline
The steps for offline verification are as follows -
Step 1: Download a KYC form.
Step 2: Fill in the details along with your Aadhaar or PAN details.
Step 3: Visit the nearest KRA (KYC Registration Agency) office.
Step 4: Attach address and ID proof, then submit the form.
Step 5: If required, furnish your biometrics.
Step 6: After the generation of an application number, collect it and monitor the status online.
Note – The offline verification process can take up to 7 days. Due to minimal in-person interactions, online processes are faster and can even be done in less than 24 hours.
3. Steps for a KYC Verification Process Through a Biometric
The biometric process starts online and ends with an in-person verification, as it requires the visit of authorised personnel to complete the process. The steps for the same are as follows –
Step 1: Visit the official website of KRA.
Step 2: Create an account with your personal details.
Step 3: Input the registered mobile number along with the Aadhaar number.
Step 4: Choose the online option of biometric authentication.
Step 5: An authorised representative will pay a visit to the as per the mentioned address on the form.
Step 6: Provide your biometric verification.
Step 7: Present the original documents as per requirement.
Step 8: Wait for the KYC approval.