KYC for Investments in India: What It Is, Why It’s Mandatory & How to Complete It

What Is KYC?
KYC (Know Your Customer) is a mandatory process where financial institutions verify your identity and address before allowing you to invest. It is required by regulators like SEBI and RBI to maintain transparency, reduce fraud, and ensure legal compliance in the financial ecosystem.
At BlissMoney, we prioritize your financial safety. That’s why we insist on completing your KYC before you begin investing with us — whether it’s for mutual funds, insurance, or wealth planning services.

Why KYC Is Mandatory Before Investing
Here’s why Blissmoney and every registered financial advisor require you to complete KYC:

• Regulatory Requirement

 SEBI mandates that all investors must complete KYC to ensure legal compliance across financial platforms.

• Fraud Prevention

 Verifying your identity helps safeguard against impersonation, money laundering, and other financial crimes.

• Investor Protection

 Ensures your investments are held in your name and can be accessed or transferred securely when needed.

• Seamless Investing

 Once KYC is done with BlissMoney, you can invest in mutual funds, SIPs, fixed-income products, and more — without any hassle.

Who Needs to Do KYC?
KYC is required for:

• Every individual investor (resident or NRI) over 18

• Guardians investing for minors

• Businesses, HUFs, trusts investing through BlissMoney or any other registered platform

Documents Required for KYC 
You’ll need two types of documents:
1. Proof of Identity
PAN Card (Mandatory)
2. Proof of Address (Any one):

• Aadhaar Card

• Passport

• Driving License

• Voter ID

• Utility bills (within last 3 months)

• For NRIs, additional documents like passport and overseas address proof are required.

How to Complete Your KYC 
You can complete KYC digitally with in just a few minutes:
🔹 Online (eKYC/CKYC)
 Steps:

1. Visit the KYC Portal (or our partnered platform like CAMS/KFintech)

2. Enter PAN and Aadhaar

3. Upload scanned documents

4. Complete OTP verification and a quick selfie or video-based identification

5. Submit — your KYC will be verified in 24–48 hours

🔹 Offline KYC (via Blissmoney Partners)
Prefer the offline route? Just visit our office or a Blissmoney-authorized distributor:

1. Fill out the physical KYC form

2. Attach self-attested PAN and address proof

3. Complete In-Person Verification (IPV)

4. We’ll handle the rest and update you once verified.

What Is CKYC?
CKYC (Central KYC) is a centralized KYC record managed by the government via CERSAI. Once your CKYC is registered, it is valid across all financial services — mutual funds, banks, insurance, etc.
At Blissmoney, we verify your CKYC status automatically to make your onboarding faster.

How to Check Your KYC Status
You can check your KYC status using your PAN at:
https://www.cvlkra.com
https://kra.ndml.in

What Happens If You Don’t Complete KYC?
Without KYC:

• You cannot invest through Blissmoney or any SEBI-registered platform

• Your SIPs and redemptions may be blocked or delayed

• Existing holdings might become inaccessible for transactions

Why Blissmoney Recommends You Complete KYC Today
KYC is your gateway to investing smartly and securely.
With BlissMoney, KYC gives you access to:

• Mutual Funds (Lumpsum + SIP)

• Fixed-Income Products

• Term and Health Insurance

• Goal-Based Investment Planning

• Retirement and Tax-Saving Plans

Ready to Begin Your Financial Journey?
✅ Start with KYC — it's simple, free, and takes just 5 minutes.
✅ Visit www.blissmoney.in or connect with a BlissMoney advisor today!