With respect to new clients where KYC is uploaded after this process comes into effect, RI shall allow transactions only after the validation of KYC records.
PAN & PEKRN (PAN-exempt KYC Reference Number) shall continue as KYC identifier and KYC Validation status will also be given.
KRAs shall use Income Tax Department’s APIs to record the Aadhaar seeding status in KYC records.
Yes. The consent shall be obtained from Aadhaar holder for sharing of Aadhaar data/ related passcode / XML data / QR code from Aadhaar image / e-Aadhaar etc. for sharing… Read more »
Yes. KRAs shall attempt validation of such records through available options. In case, validation of KYC is not completed, the KYC record shall be treated as invalid for KRA service… Read more »
KRAs shall validate Mobile and Email by performing OTP validation. If OTP is not submitted by client, KRA shall validate the same based on delivery notification report.