C-KYC CARD | सी-के वाई सी कार्ड
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| C-KYC CARD |
Before understanding C-KYC, it's necessary to know about the KYC (Know Your Customer) Process.
Process of Identification and Verification of any Customer or General Person is known as KYC Process in General Words. Source of Identify can be in different Document form like - Aadhaar Card, PAN Card, Voter ID, Passport, Birth Certificate, Education Certificates or So on as per Requirement. Even Mobile OTP is used to Verify the right person.
Many Big Institutions like Government Authorities, Bank, Health and Education Sectors and others are use this service to Identify User and keep data Secure from breach activity. It is done to make available Right service to Right Person. Because many fraud people use other person data - like Aadhaar card, PAN, Bank Account to make false transactions and apply for Loans in unknown person.
To know the Customers and make them identify, Various Institutions follow the Norms of KYC, so that Customers and Institution will not face any Errors and problems in future. This process is working well and find any error before breach of contract.
Various forms of the KYC process are used in our daily life as per the requirement.
Aadhaar Offline KYC, Aadhaar Online E-KYC, Video-KYC. These are some Regular KYC Processes we use in our day-to-day life. To download some official Government Documents, or to Withdrawal money from Small Banks through Biometric Devices, it is mandatory to do the KYC process, to Open new Bank Accounts, for the Life Certification process, for Loan and Finance Process, etc.
What is CKYC
CKYC is Central Know Your Customer Process. There is no requirement of Documents for Financial Institutions after this process. Applicant can easily verify themselves by providing CKYC Details to Financial Institutions. As per other ID's CKYC Contains unique 14 - digit ID Number. Many institutions are already completed their clients CKYC Process and getting benefits of CKYC.
Benefits of CKYC
1. No Document Required
No Need to Provide any documents while process of financial activities. All the details will be fetched by your CKYC number.
2. Less Time Taken Process
While Generating CKYC Card all the data already fetched by the system, so that it will not take much time, when you provide CKYC Details to Financial Institutions.
3. Get Your Card on Digilocker
User can get Card details by login under Digilocker Portal through there Aadhaar Number and Mobile OTP Verification Process.
4. Paperless Activity
Again, and again asking about your documents by the financial institutions for Banking, Mutual Funds, Finance, Loan, Insurance, etc. It will stop those activities. Submitting Photocopies or uploading of Aadhaar card, PAN Card and Mobile Number, these all activities will be part of old days.
Where to Apply for CKYC Number or Card
How to Apply for CKYC Card
CKYC Fee Structure
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