How to Update KYC Online for Demat & Mutual Fund Accounts

If you want to open a Demat account or invest in mutual funds, completing and updating your Know Your Customer (KYC) information is mandatory. If your KYC is incomplete, your account will not be opened, or your investment may be delayed. According to SEBI regulations, every investor must submit their identity, address, and other necessary documents.

What Is KYC and Why SEBI Made It Compulsory

An updated KYC verifies your identity and investment. This reduces risks such as fraudulent transactions and money laundering. This is why it is mandatory for all Asset Management Companies (AMCs) and brokers to comply with KYC regulations.

How to Check Your KYC Status

You can easily check your Know Your Customer status online.

Go to the website of the AMC or brokerage platform where you opened your Demat account.

Enter your PAN number and verify it with an OTP.

Your KYC status will be displayed on the screen – Verified, Pending, On Hold, or Rejected.

If the status is anything other than verified, you will need to update your KYC.

Alternatively, you can also check your Know Your Customer status on the website of a KYC Registration Agency (KRA) such as CVL-KRA, CAMS KRA, NSDL KRA, or CDSL KRA. This method is especially helpful for investors who have investments with different asset management companies.

How to Update KYC Online Step by Step

After logging in to the KRA website, you will need to follow these steps:

Upload your PAN card, Aadhaar card, and passport-size photograph.

Many platforms offer e-KYC facilities, where verification is done instantly using an Aadhaar-based OTP.

KYC updates usually take 5 to 7 days.

You can check the status periodically.

When Is Offline or In-Person Verification Required

If the information in your documents does not match, you may have to undergo in-person verification. Some brokers also offer this facility through video calls or doorstep verification. Ensure that your documents are clear, your mobile number is linked to your Aadhaar, and your name, date of birth, and address are consistent across all documents.

FAQs 
Q1. Is KYC mandatory for Demat and mutual fund investment?

Yes, as per SEBI rules, KYC is mandatory for all investors before opening a Demat account or investing.

Q2. How can I check my KYC status online?

You can check it using your PAN number on your broker’s website or any KRA portal like CVL-KRA or CAMS.

Q3. How long does it take to update KYC online?

Usually, KYC verification takes 5 to 7 working days.

Q4. What documents are required for KYC update?

PAN card, Aadhaar card, passport-size photograph, and a linked mobile number.