CKYC Verification

3 operations.

What is it?

CKYC (Central Know Your Customer) Verification is a centralized KYC process managed by the Central Registry of Securitisation Asset Reconstruction and Security Interest (CERSAI). It allows financial institutions to verify a customer's identity using a unique CKYC number (CKYC ID) without requiring the customer to submit KYC documents repeatedly.

Benefits: -

Centralized KYC repository: CKYC stores customer KYC records in a single, secure registry accessible by authorized institutions.
Reduced duplication: Eliminates the need for customers to submit KYC documents multiple times across different financial entities.
Faster onboarding: Speeds up customer verification and account opening processes.
Regulatory compliance: Ensures adherence to KYC norms defined by regulatory authorities.
Secure and reliable: Maintains standardized and verified customer data, reducing fraud risk.

What can I do with this product?

This API allows you to fetch and verify customer KYC details using a CKYC number or input data such as PAN or Aadhaar (as permitted). It helps in retrieving identity details, address information, and KYC status, enabling seamless onboarding and compliance for financial applications.