India Post has launched a convenient service for mutual fund investors.
In collaboration with Nippon India Mutual Fund, the Department of Posts (India Post) will now provide door-to-door KYC (Know Your Customer) verification.
This initiative is part of the ‘Jan Nivesh’ campaign, aiming to expand mutual fund access in rural and underdeveloped areas.
It’s a major step in empowering rural investors and making investments more accessible.
Why is KYC Important?
KYC is a mandatory process for investing in mutual funds. Once KYC is completed with one fund house, it is valid for all other asset management companies (AMCs), making future investments easier.
Benefits of Doorstep KYC
The new doorstep KYC service will be especially helpful for people in rural areas or those with limited resources.
Investors no longer need to visit an office—India Post employees will come to their homes to complete the KYC process. This makes it quicker and simpler compared to traditional methods.
How to Apply for Doorstep KYC?
Download the KYC form from the KRA or AMC website.
Fill in details such as your name, address, PAN, and mobile number.
Attach self-attested copies of the required documents.
Submit the form to the KRA, AMC office, or registrar.
A postal department employee will visit your home to verify your identity.
It may take about a week for your KYC to be updated.
