Pursuant to SEBI Circular on KRA Regulations, KYC Registration Agencies (KRA) are responsible for validating clients’ KYC details as per their records before September 2, 2023. If the details are not updated and validated, the Trading and Demat of Clients shall be blocked for such accounts. In view of this, the following steps are to be followed by Investor/Client to Know his/her KYC status as well as to get it validated:-
Step 1: Firstly, you need to know your KYC status through web link https://www.cvlkra.com/ , and, thereafter enter your PAN & enter captcha. Screen shot is given below to understand the process: -
The image shows the "Search KYC" page of the CVL KRA (CDSL Ventures Limited, KYC Registration Agency) website, where an investor checks the KYC status.
At the top are the CDSL Ventures Limited logo, the heading "KYC Registration Agency" and a red menu bar with the links Home, About Us, KYC Inquiry, KYC Validation, Q & A and Downloads. A notice banner above the menu bar says that the API, SFTP and application services will not be available during a stated evening time window. To the right of the heading are a home icon, a second small icon and the A+ and A- text-size buttons. The page greets the user with "Welcome Guest".
Under the "Search KYC" title is a form with these fields:
A red message states that "PAN or (Name, DOB & Exempt Category) details are Mandatory". The form ends with the Submit and Reset buttons. Below the form are English and Hindi language tabs.
Step 2: Now let's understand different KYC status & process to get it validated:
| Status | Definition | Next Steps for you |
|---|---|---|
| Validated | KYC based on Aadhaar with validated mobile and email. | No next steps. Validated status means that you can transact. |
| Registered | KYC based on Non-Aadhaar OVD with validated mobile and email. | Contact your nearest/ respective branch for Re-kyc. |
| On hold/Rejected | KYC based on non-OVD or invalid contact details. | A. If your Kra status is hold due to email / mobile validation , please click on below link for kra validation: - 1. CVL KRA:Click here 2. KARVY KRA:Click here 3. NDML KRA:Click here 4. DOTEX KRA:Click here 5. CAMS KRA:Click here B.If kra is hold/ rejected due to some other reason , please submit discrepant document / rekyc to your respective branch |
| Under Process | This status shows up if the KYC is recently updated and under processing at KRAs. | If your KYC status is ‘Under Process’ you have to wait for 2 days. You may follow above process as per your Kra status after 2 days. |
