DoP & AMFI Ink KYC Partnership

  Published 1 year ago

India Post and AMFI sign MoU to simplify KYC for over 24 crore mutual fund investors via 1.64 lakh post offices.

  • Streamlined KYC aims to support 9.7 million new investors annually, boosting financial inclusion across India’s vast network.
  • DoP to collect documents and verify KYC, ensuring compliance for the growing mutual fund investor base via KRAs.
  • AMFI facilitates smooth onboarding for all member AMCs, enhancing operational efficiency and investor experience nationwide.

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