KYC Process
The KYC process ensures that your account is verified and compliant with regulatory requirements. It consists of three simple steps:
Completing Account Activation
The account activation process starts with you providing the required details and documents (Refer to the "Required KYC Documents" tab). Once the Signup process is complete, You will be presented with a screen to select the service that your business has registered. Following this, you can proceed with activating your account:
1. Personal KYC:
Verify your personal identity information:
- PAN Verification - Provide your Permanent Account Number (PAN) and complete the verification process.
- Aadhaar Verification - Verify your Aadhaar number using either the online method (OTP sent to your Aadhaar-registered mobile number) or the offline method (uploading a copy of your Aadhaar card).
2. Business KYC:
Verify your business details:
- Select Business Entity Type - Choose the type of business entity you operate (e.g., sole proprietorship, partnership, private limited company).
- Upload Required Documents - Based on your business entity type, upload the necessary documents such as business registration certificates, GST registration, and any other relevant documents.
- Registered Address - Provide the registered address of your business entity for accurate record-keeping and correspondence.
3. Activate Account:
To finalize the KYC process and activate your account:
- Upload Cancelled Cheque - Provide a cancelled cheque from your business bank account. This is required to activate your settlement account and ensure that funds are deposited into the correct account.
By completing these steps, your account will be fully verified and activated. After successful verification, you can use all the services offered by Accosis.
Updated 7 months ago