What is CKYC?
Started from February 1, 2017, CKYC full form stands for Central Know Your Customer. Any investor who is willing to invest in mutual funds must go with the online KYC registration/process. The registry of central KYC online is a centralized repository of Know Your Customer (KYC) records of customers in the financial sector with the inter-usability of the central KYC records and uniform KYC norms across the sector with the motive to reduce the burden of submitting the documents in KYC registration agency for verification every single time when the customer is creating a new relationship on a financial platform.