Is there any separate validation process used by exchanges, depository and KRA?
No, all entities use
the same pan validation link of Protean/UTI which indirectly uses income tax
data to validate.
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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 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 ...
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 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 ...
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.