A Comprehensive Guide to KYC Modification Online for Validated Status
KYCs are now being categorized as either Registered or Validated If a KYC is not validated, its status is marked as Registered.
To perform KYC Modification Online to make the status from Registered to Validated, following Steps to be followed-
Pre-requisites & Instructions
- Keep your original Aadhaar & PAN card handy.
- Keep mobile phone linked with Aadhaar database handy to receive and validate OTP.
- Enable camera, location & microphone on your laptop/desktop browser before starting digital KYC process.
- Ensure you have a stable internet connection and mobile network.
- For Selfie & Video verification – avoid shadows on face or anything blocking face view, no hats, no dark lenses, or anything that obscures the face. Avoid blurry pictures.
Step 1: Go to DSP Mutual Fund portal and select “Modify KYC” option to perform KYC Modification Online
Fast, Easy and Paperless | Invest Online with DSP Mutual Fund (dspim.com)
You may use other platforms like UTI as well for processing the KYC Modification.
Step 2: Select the modify KYC button:
You need to enter your PAN, mobile number, email ID, and the OTPs received on your mobile number and email address.
Step 3: Post OTP Validation, you will get details of Document required
With these details, you need to enter Captch and submit it “Lets go” button.
Step 4: Grant location access:
Post Captcha Submit, will prompt to allow Location. Allow the website to access your location.
Step 5: Choose the proof of Identity:
From dropdown, You can either select PAN card or PAN Digi Locker. Select the PAN Digi Locker option and click “Login.”
Step 6: Enter Aadhaar on Meri Pehchaan portal
Post POI submit, will redirect to Meri Pehchaan portal. Enter your Aadhaar number and the captcha information. An OTP will be sent to your Aadhaar-linked phone number. Enter the OTP and Proceed.
Step 7: Create a six-digit PIN:
If you are aware on 6 Digit Digi locker Pin, else create a six-digit PIN through forgot option.
Step 8: Review and update information:
With Digi Locker Authentication, Portal will fetch complete existing KYC Details. Review the information pulled from your Aadhaar and PAN details. Correct/Modify any missing or incorrect information, such as gender, marital status, relationship with father or spouse, maiden name (for females), residential status, and citizenship status.
Step 9: Complete FATCA and CRS declarations:
Review the FATCA declaration and select the appropriate options. Click “Next.”
Step 10: Upload signature and Click your Live Photo
Upload your signature file and capture a photo of yourself. Verify the uploaded photograph and click “Next.”
Step 11: Review and submit the KYC form:
you will be presented with filled KYC form with all information. Review the captured information and documents, such as your signature, PAN card, and Aadhaar copy.
Click “E-Sign” at the bottom of the form.
Step 12: Enter Aadhaar number and confirm the same through OTP.
Enter your Aadhaar number and click “Send OTP.” Enter the OTP received and proceed to submit the form.
Step 13: Check KYC status on CVL KRA site
After 1-2 days, visit the CVL’s website and check your KYC status using the link –
CVL KRA – © Copyright 2011. All rights reserved with CDSL Ventures Limited, India
With this, KYC modification online process gets completed. If you have any query, pls put me in comment or write me on given email ID.
Know Your Customer (KYC) is a mandatory process for all investors in the financial industry. With the advent of new norms effective from 1st April 2024, KYCs are now classified as either Registered or Validated. The process of modifying existing KYCs involves using Aadhaar-based address proof to ensure the KYC status is marked as Validated. Prior to 20th April 2024, address proof could be obtained through four Officially Valid Documents (OVDs): Driving license, Aadhaar, Passport, and Voter ID. However, post 1st April 2024, an investor’s KYC record will not be considered Validated unless it undergoes independent verification. Earlier Online New KYC registration option was there to complete online. Now you can do KYC Modification Online as well.
The introduction of these new norms has made it essential for investors to update their KYC status to continue their investment journey seamlessly. If a KYC is not validated, its status is marked as Registered, which may limit the investor’s ability to make transactions. Therefore, it is crucial for investors to understand the process of KYC modification and ensure their KYC status is validated. This not only ensures compliance with the regulations but also enhances the security of their investments.