Aadhaar e-KYC: voluntary biometric or OTP verification allowed for client onboarding, with PAN verification and KRA upload required. Aadhaar e-KYC is voluntary; intermediaries using KYC Service Agencies must register as KYC User Agencies. Clients may provide name, Aadhaar number and PAN electronically; intermediaries shall validate Aadhaar via biometric authentication (or OTP for certain mutual fund cases) and verify PAN from the income tax website. UIDAI-supplied KYC data is sufficient for KYC verification and must be uploaded to the KRA. Discrepancies in name or unclear Aadhaar photographs trigger additional due diligence and documentary records. AML, PMLA and SEBI KYC obligations continue to apply.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Aadhaar e-KYC: voluntary biometric or OTP verification allowed for client onboarding, with PAN verification and KRA upload required.
Aadhaar e-KYC is voluntary; intermediaries using KYC Service Agencies must register as KYC User Agencies. Clients may provide name, Aadhaar number and PAN electronically; intermediaries shall validate Aadhaar via biometric authentication (or OTP for certain mutual fund cases) and verify PAN from the income tax website. UIDAI-supplied KYC data is sufficient for KYC verification and must be uploaded to the KRA. Discrepancies in name or unclear Aadhaar photographs trigger additional due diligence and documentary records. AML, PMLA and SEBI KYC obligations continue to apply.
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