Touras's APIX: The N...
Financial & Legal
eKYC, short for Electronic Know Your Customer, is a digital process used to verify the identity and address of Mutual Fund investors. It replaces traditional methods like physical document submission and in-person verification with online procedures. Through eKYC for MF, investors can utilize their Aadhaar details for instant verification, eliminating the need for paperwork and physical visits. This digital transformation significantly streamlines the investment process, making it more convenient and accessible for everyone. Along with that, by automating identity verification, it can reduce the chances of identity theft and help prevent financial crimes
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