New Guidelines for Mutual Funds - Are you KYC Compliant?

by Guest 1/19/2011 5:26:00 PM

 

Dear Customer,
 
As per the recent changes in regulatory guidelines, effective from January 01, 2011, you are required to complete the CVL (CDSL Ventures Ltd.) 'Know Your Customer' ( KYC ) norms as prescribed by SEBI, to invest in Mutual Funds.
 
Some of you already may be compliant. To know if you are KYC compliant, please follow the steps 
listed below:
 
Step 1- Click on the following link and enter your PAN No in the space provided.
 
Step 2- On entering your PAN number, the module would display 2 options as listed below:
 
If the KYC module indicates ‘verified’, it means that you are KYC compliant. You only need to submit a print copy of the same to the AMC you wish to invest in. This is a one-time exercise with every AMC you invest with.
 
  OR
 
If the KYC module indicates 'Invalid Data', it means that your KYC details are pending and the same has not been verified by CVL. You need to submit the following documents.
 
  Click here to view the list of documents to be submitted to be KYC compliant.
 
For more information on the new CVL KYC guidelines, please visit your nearest ICICI Bank or contact your ICICI Bank Relationship Manager at the earliest.
 
To locate your nearest ICICI Bank Branch, Click here
 
Sincerely,
 
ICICI Bank Ltd.

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