What is IPV in regards to new account opening

General
1

For Zerodha Equity Account opening, what is “IPV not completed by the applicant”

Also what is “CPG Rejections User”

2

IPV or In-person verification as the name suggests is a process where the broker verifies the client and his documents in person, as per the Circular set by SEBI. Refer to the below article:

https://support.zerodha.com/category/account-opening/online-account-opening/articles/what-is-in-person-verification-and-why-is-it-needed

(CPG is a service provider that assists Zerodha with document verification and checks.)

2 Likes
3

Thanks buddy

4

If IPV is already done and KYC has verified status …does a client need to IPV again with zerodha?
Client already have active trading+demat account with other leading broker.

5

Yes, as an internal policy, we insist on an IPV to be done even if the client is KYC verified. Since the process is online, doesn’t take too much time/effort.

1 Like