How does KRA validation impacts trading for new and existing accounts?

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• How does KRA validation impacts trading for new and existing accounts?

  All new accounts are opened with inactive status and trading rights are given to clients only post KRA is validated. For existing accounts – KRA, exchanges and depositories has frozen all existing accounts which are on hold/rejected KRA status. Such ...

• Is KRA mandatory for all accounts?

  Yes, KRA is mandatory for all categories of accounts. As per recent circular clients will be able to trade only when KRA is validated.

• Is KRA mandatory for all accounts?

  Yes, KRA is mandatory for all categories of accounts. As per recent circular clients will be able to trade only KRA is validated.

• Is KRA mandatory for all accounts

  Yes, KRA is mandatory for all categories of accounts. As per recent circular clients will be able to trade only KRA is validated.

• What is average TAT for KRA validation and account unfreeze?

  Overall its takes approx. 7 days’ time post client submits valid KRA documents and completes mobile, email and aadhar validation.