KRA validation of email and mobile:-
High Alert!
The attention of Clients is invited to SEBI circular No. SEBI/HO/MIRSD/FATF/P/CIR/2023/0144 dated August 11, 2023, regarding the “Simplification of KYC Process and Rationalization of the Risk Management Framework at KYC (Know Your Client) Registration Agencies (KRAs)”. Clause 8 of the aforementioned SEBI circular states:
“Clients whose attributes of certain KYC records, as mentioned, are not verified by the KRAs shall not be allowed to transact further in the securities market until the attributes are verified.”
If you fail to do so, you will have to face the following consequences.
- Existing open positions under the margin in the derivatives segment will be squared off.
- No fresh positions/rollover will be allowed till KRA is validated.
- Temporary freezing of your Trading and Demat account till KRA is validated.
Please refer to the communication sent to your official email ID to choose the relevant link from the below table and complete the validation process.
If you have any queries, please write to us at support@moneysukh.com under the subject line ‘Re-submission of your KYC Documents [Trading and Demat Account Number]’.