PFRDA further eases paperless onboarding with CKYC documentation ...Middle East

Business Standard - Economy
Easing the paperless on-boarding process further, pension fund regulator PFRDA on Monday said that documentation for joining its scheme can be furnished through the government's Central KYC (CYC). Central KYC (CKYC) is the government's initiative which allows users to complete their KYC (know your customer) only once for interacting with multiple service providers across the financial sector falling under various regulators. The Pension Fund Regulatory and Development Authority (PFRDA) already facilitates digital onboarding for its pension schemes under National Pension System (NPS) through documents issued via Digilocker, Aadhaar eKYC, PAN or bank account details. In the series of various d

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