What is difference between KRA status as “KRA Validated” and “KRA Registered”?

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• What is difference between KRA status as “KRA Validated” and “KRA Registered”?

  Client who has submitted proof of address as Aadhar has status as KRA validated post KRA validation and clients who has submitted proof of address other than Aadhar has status as KRA registered. Both KRA Validated and KRA registered status are valid.

• What is difference between KRA status as “KRA Validated” and “KRA Registered”?

  Client who has submitted proof of address as Aadhar has status as KRA validated post KRA validation and clients who has submitted proof of address other than Aadhar has status as KRA registered. Both KRA Validated and KRA registered status are valid.

• What does each KRA status imply?

  A. 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 ...

• What documents are required to open a Non-Individual account if the KRA has been registered for 2 years or less?

  To improve our efficiency and accountability, we're pleased to introduce a streamlined process for opening Non-Individual accounts based on KRA status, ensuring both ease of procedure and regulatory compliance. Here’s the updated process: **For KRAs ...

• 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 ...