500000.00 Rupee ₹ How eKYC for Mutual Fund Boosts Security for Mutual Fund Investors? Noida

Published date: January 24, 2025
  • Location: Noida, Noida, Uttarpradesh, India

eKYC (electronic Know Your Customer) has significantly enhanced security for mutual fund investors. By digitizing the customer onboarding process, it eliminates the risk of fraudulent activities. Previously, physical documentation involved manual verification and increased the chances of identity theft and forged documents. eKYC for Mutual Fund leverages technology like facial recognition, Aadhaar verification, and video KYC to authenticate customer identity in real time. This ensures that only genuine investors can open accounts, reducing the risk of unauthorized transactions and money laundering.

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