By Admin 
Mutual fund kyc process: KYC has now become very easy for investors investing in mutual funds. Now this will be done only through the post office. KYC verification and document collection services for mutual fund investors will now be given through the post office. Post office staff will help investors to fill KYC forms, verify self -attested documents and transfer them to asset management companies.
According to a press release issued on July 17, 2025, the Department of Posts has signed a memorandum (MoU) with the Association of Mutual Funds in India (AMFI) to provide KYC Verification and Document Collection Services through its more than 1.64 lakh post offices. This initiative will make it easier for mutual fund investors to do KYC.
What is KYC?
KYC means know your customer. In this process, customers are usually asked to deposit their ID proof such as Aadhaar card, PAN card, passport and address proof such as water or electricity bills. This helps in confirming the identity and address of customers and helps prevent illegal activities like fraud and money laundering. This increases transparency between financial institutions and customers.
Also read:
Prepare with money quickly, big updates about IPO; This company applied to SEBI