CKYC is a centrally managed repository of KYC documents submitted by customers of financial institutions who avail of various financial services. The purpose of the CKYC system is to reduce the burden of submitting KYC documents to verify your identity when you start a new financial relationship with a new financial company. Through CKYC, your investing process is simple, convenient, and hassle-free whether you are investing in mutual funds or FD schemes with low FD rates.
Advantages of CKYC registration
Nowadays, people expect things to happen in a matter of minutes. It used to take a long time to start a financial relationship with a financial company, as you had to submit KYC documents. CKYC has simplified, accelerated, and simplified the process of documentation for several reasons.
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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