Central KYC Registry

The Central Know Your Customer Registry (CKYC) is a centralised depository of KYC documents of customers availing various services of the financial sector which is managed by The Central Registry of Securitization Asset Reconstruction and Security Interest (CERSAI) incorporated under Section 8 of the Companies Act, 2013 by the Government.

The Central KYC registry was formed with an objective  to promote ease of doing business which will in turn reduce the cost and burden of maintaining KYC documents by each financial institution or intermediary.


  • CKYC is a 14 digit number linked with the ID proof.
  • Customer’s data is safely stored in an electronic format.
  • The documents submitted are verified with the issuer.
  • All institutions will get notifications on any changes in the KYC details.


In order to get Central KYC registry first you need to visit any of the registered mutual fund offices like SBI Mutual Fund, ICICI Mutual Fund, HDFC Mutual Fund etc. where you will be asked to fill the KYC form and submit the supporting documents such as Identity proof, Address proof, bank account details, two passport size photographs, etc. These documents would be sent to CERSAI and you would be allocated with a 14 digit CKYC number.

Further, If you wish to invest in another mutual fund house, then there is no need to submit the documents for verification, The mutual fund house would request CERSAI to furnish your documents by submitting your CKYC number. Thus, CKYC makes the process of investing easy and hassle-free.


There are basically 4 different types of CKYC accounts which are mentioned below-

  • Normal KYC account – In this type of account, the KYC submitted are among the 6 Officially Valid Documents (OVD) as per RBI which include PAN, Aadhaar, Voter ID, Driving License, Passport, and NREGA Job Card.
  • Simplified / Low Risk KYC Account – Here, the customer cannot provide any document out of the 6 OVDs mentioned and are marked ‘low risk’ by the reporting entities. Instead, he has to submit a proof of identity with photos issued by state/central government departments, public sector undertakings (PSUs), statutory/regulatory authority, public financial institutions and scheduled commercial banks. The KYC identifier for these accounts will be prefixed by ‘L’.
  • Small Accounts – This type of account is opened when you submit only personal details along with a photograph. The KYC identifier for these accounts would be prefixed with ‘S’.
  • OTP Based E- KYC Account – This CKYC account is created if you submit an Aadhaar – based PDF file , downloaded from the UIDAI website and enabled by an OTP.


The following are the main benefits of central KYC registry :-

  1. Central KYC Registry stores all the information along with the valid documents which makes it easier for the financial companies to verify the details by unique 14-digit CKYC number quoted by the individual.
  2. An individual gets access to Central KYC Registry and can make updates to their existing records if necessary.
  3. Investors need not submit KYC documents each time before starting a new financial relationship with a new financial company.

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Thus, in simple words, Central KYC (CKYC) is a centralized KYC repository which stores information/documents pertaining to a customer who is undertaking a financial transaction or availing a financial service which was initiated primarily to prevent identity theft, financial fraud, money laundering, and terrorist financing.

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