KYC


All you need to know about the KYC registration process and documentation for Indian and NRI investors.

You can check your KYC status by logging into your moneyguru account and entering your PAN under the Account Setup tab. Just enter your PAN and know if you are investment ready.
You can get your KYC registration done through moneyguru by sending us the hard copy of the correctly filled KYC form along with self-attested copies of the following documents:

1. Self-attested copy of PAN
2. Self-attested copy of Aadhaar Card (Both sides)
3. Recent Passport Size Photograph – Please affix the photograph in the KYC Registration Form and sign below.
Login to your moneyguru account and download the KYC Registration form available under the Account Setup tab.
You need to contact your bank to re-designate your account to an NRO bank account. Alternatively, you can open an NRE account if you wish to do so. Both the NRO and NRE accounts can be used for investing through moneyguru. Once your new bank account is in place, you need to update your KYC and change the tax status to NRO/NRE.

Moneyguru makes your KYC process easier. You can download the KYC Updation form available inside your moneyguru account and send us the correctly filled form along with a self-attested copy of your

1. Overseas address proof (any government issued address proof e.g. driver license). If any overseas address proof is not available, an acknowledgement from the Indian embassy or consulate in that country stating your current overseas address will also suffice.
2. Valid Indian passport (both sides)
3. A cancelled cheque with your name printed (preferably), or bank account statement

Please note that investments made using resident savings account will be detailed in your “My Portfolio” section. However, should you wish to withdraw these investments, the proceeds will be credited to your NRO bank account. These proceeds cannot be credited to your Non-Resident External (NRE) bank account, in order to abide by the foreign exchange laws in India.
If you had previously invested through moneyguru using an NRE bank account, kindly do not close your bank account until you withdraw all the funds invested through the account. As per regulatory guidelines, NRE funds are considered fully repatriable overseas, and mutual funds do not allow a change of bank account from NRE to Resident Savings since those funds are not freely repatriable overseas. Once funds are withdrawn, contact your bank in order to close your NRO/NRE bank account and open a resident savings account.

Once your domestic bank account is opened, get your KYC updated to that of a Resident Indian. Should you wish to get your KYC done through moneyguru, please download the KYC Updation form available inside your moneyguru account and send us the hard copy of the correctly filled form along with a self-attested copy of
1. PAN and AADHAAR Card.
2. Savings / Current Bank details with proof (cheque or SOA)