“If a child, spouse, a life partner, or a parent depends on your income, you need life insurance.”
– Suze Orman
Your family’s safety and security take precedence over all other goals. If your family depends on your income, you need to ensure that in case of an eventuality, they have sufficient financial assets to maintain their standard of living and achieve future goals.
You need life insurance if:
You have family members financially dependent on you
You have outstanding liabilities/loans which aren’t insured
You have important goals such as children’s education or marriage, which could be jeopardized if you were not alive
If your family is dependent on you, use the calculator to find out how much insurance you need.
Enter your 10-digit PAN and Captcha and click on Submit
Your KYC Status will be displayed as ‘KYC Validated / KYC Registered / KYC On-Hold’
WHAT DOES EACH KYC STATUS IMPLY?
KYC VALIDATED
Relax! You have to do nothing at all!
Over 73% of investors are KYC Validated, you too are one of them.
You can do any transaction in any mutual fund, anytime.
KYC REGISTERED
You can continue making transactions (like Purchases, Redemptions, Switches, SIPs, etc.) in all your existing Mutual Fund investments
without any hassle.
Only if you want to invest in a mutual fund where you don’t have any investment already, you will have to do your KYC once again.
You can get your KYC status changed to ‘KYC Validated’ by doing the KYC Update/ KYC Modification process using PAN and Aadhaar from
XML, Digi-locker or M-Aadhaar.
The process to do this is simple, available on all Mutual Fund/RTA websites and takes few minutes to complete.
Once your KYC status changes to Validated you can invest in any Mutual Fund of your choice without any requirement of re-KYC.
KYC ON-HOLD/REJECTED
The KYC status on the Mutual Fund /RTA website, will show the reason for ‘KYC On-Hold’/Rejected status; it could be: Mobile or Email not
validated / PAN is not linked with Aadhaar / Deficiency in the KYC documents, etc.
You simply have to remediate the reason for KYC On-Hold/Rejected by following the steps given on the Mutual Fund Website. Once your
KYC status changes to Registered/Validated you will be all set to start transacting, as per the KYC status.
The steps to resolve any KYC issues are easy and can be done from the comfort of your home. In case of any difficulties, feel free to contact
your intermediaries or KRAs office/ helpline (available on their website) for further assistance.