[GUIDE] Online Mutual Fund KYC using Paytm Money

As you all know, that KYC is mandatory for Mutual Fund Investments, many of us look for Mutual Fund KYC online. Now you can complete the Mutual Fund KYC online using Paytm Money.

This is the big advantage for DIRECT Mutual Fund Investors.

How to:

• Download the Paytm Money App from Google Play Store.
• Then log in to Paytm Money account using and Paytm Money will check your readiness by using different documents and authentication.
  PAN Card
  Personal Details
  Address Proof
  Nominee & Declarations
  Communication Details
  Bank Account
• Once you log in, it will ask to enter the PAN Card.
• Once you enter the PAN number and it is verified, then the next step is to upload your PAN card image.
• Now enter your personal details as the next step.
• In the next step you have to provide your signature format. By adding your digital signature or upload the signed image.
• Upload your image.
• As per SEBI’s KYC regulation of in-person verification purpose, you are required to upload the five seconds video in the next step
• Then provide your address details and upload the address proof.
• Provide nominee and declaration details. In declaration details, you have to declare your annual income range, residential status, tax residency and whether you are politically exposed or not.
• Enter your mobile number and email id
• Now provide your bank account details.
• Once you provide it and then Paytm Money will transfer Rs.1 to your account as for cross verification. Once it is verified, then they will notify you for the same.
• Then you would be asked to upload a canceled cheque leaf or the bank account statement.

It usually takes around 3-4 days. After successful KYC verification, you will receive the notification for the same