How to validate KRA?

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• 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 ...

• If client Mobile/Email is not matching with KRA data, how KRA can be validated?

  For cases where there is a mismatch in Mobile/Email with KRA but latest Mobile and Email is already updated with IIFL , kindly provide KRA modification page with self-attested and RM IPV Stamped Id proof. Once details are updated with KRA - you can ...

• What does each KRA status imply?

  Below are different KRA statuses and actions to be taken for each status. KYC Validated - KYC is registered successfully with the KRA agency. You can enter transactions in either stocks or mutual funds. KYC Registered - KYC is registered successfully ...

• 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. ...

• What is the process if client validated the KRA but still unable to trade?

  Once the KRA Validation is done by the client, after validation, the client will be able to trade in one or two days. Kindly inform the client to contact our customer service (email-cs@iiflcapital.com or Dial 022 -40071000) you are unable to trade ...