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 after KRA is validated.
For existing accounts – KRA, exchanges, and depositories have frozen all existing accounts that are on hold/rejected KRA status. Such accounts are unfrozen by exchanges/depositories once KRA is validated.
Related Articles
What is average TAT for KRA validation and account unfreeze?
Overall, it takes approx. 7 days’ time post client submits valid KRA documents and completes mobile, email, and Aadhar validation.
What is average TAT for KRA validation and account unfreeze?
Overall, it takes approx. 7 days’ time post client submits valid KRA documents and completes mobile, email, and Aadhar validation.
How to validate KRA?
To validate KRA, the client can click on the respective link below and complete the process. CVL KRA: https://validate.cvlindia.com/CVLKRAVerification_V1/ CAMS KRA: https://camskra.com/PanDetailsUpdate.aspx NDML KRA: ...
What is difference between KRA status as “KRA Validated” and “KRA Registered”?
Clients who have submitted proof of address as Aadhar have status as KRA validated post KRA validation, and clients who have submitted proof of address other than Aadhar have status as KRA registered. Both KRA-validated and KRA-registered statuses ...
What is the new Pan Validation Process and how it is different from earlier process?
Earlier pan validation was done automatically using pan number entered by client during on-boarding journey. We used to get all details like Clients Name, DOB, Aadhar Seeding Status etc from Protean (Pan Validation Agency)API . However as per new ...