Multiple Ckyc Records of Same Person

General
1

My uncle get a emi card from Bajaj finserv in 2022 and they Registered the details in Ckyc and when he opened the account with HDFC Bank then he get new Ckyc number. So now he has 2 Ckyc numbers. He doesn’t not have any demat account and thinking to open one. But he is confused whether these 2 Ckyc records will create problems for him. So when he open account with Zerodha which ckyc record will be used by Zerodha?

@VenuMadhav @ShubhS9

2

@Sonia_Nischal

3

simply visit their website and find more about these

https://www.ckycindia.in/ckyc/index.php

create account and take further actions.

4

Please read the question carefully. I asked different thing. And yes the link is available on the internet and I already know about it.

5

you alos need to know how many type of cKYC accounts exits and which ones are created by the 2 institution till.
you need to check it with cKYC directly over the email regarding it.

6

So you mean a person can have 2 Ckyc numbers and accounts?

7

It depends on entity open which account, In my case I have when account and it updated my mutliple entities during the verification and when I check my account details it show last updated by entity name.

So you need to check over email or type of account, and make sure both are same or diff types of accounts.

8

Actually, he has 2 different Ckyc numbers on his name that’s the issue. And in one of the KYC record his name is not fully updated and in one record which bank used the name is correct. So I want to know if he open account with Zerodha which CKYC record is fetched by zerodha. And should he open account in zerodha if he has two CKYC numbers.

@VenuMadhav @nithin tagging you because my uncle wants to open account with Zerodha and looking for this solution.

9

CKYC/CERSAI is working on handling duplicate cases. Currently, the intermediary has to handle case-by-case based on CKYC records.

The KYC details uploaded by the client are sent to CKYC to update their records. However, in case of duplicates, CKYC flags such accounts and asks the intermediary to confirm the correct details. Upon verifying the documents, the correct CKYC details are updated.

  • Can you open an account with 2 CKYC records? - Yes, you can.

  • Will having 2 CKYC records cause any issues with your account? - No, it doesnt.

1 Like
10

Creating account is only available for institutions like banks and brokers. However CKYC card can be explored.