In a major relief for mutual fund investors, the Know Your Customer (KYC) process just got a whole lot simpler! Thanks to a new partnership with India Post, investors can now complete their mutual fund KYC from the comfort of their homes. This doorstep KYC initiative is set to make investing more inclusive, especially for people in remote and rural areas.
Over the past few years, mutual fund investments have seen a sharp rise in India. But for new investors, the mandatory KYC process often becomes a hurdle. Earlier, one had to visit banks or KYC Registration Agencies (KRAs) in person, submit documents, and go through identity verification. The process was especially cumbersome for senior citizens and people living in villages.
Now, this problem may finally have a solution.
India Post has teamed up with leading mutual fund companies like Nippon India Mutual Fund to roll out a doorstep KYC verification service. As per a recent announcement by the Ministry of Communications on April 3, 2025, India Post’s vast network will be leveraged to conduct physical verifications at the investors’ homes.
Given India Post’s widespread presence in rural and remote regions, this service is expected to boost financial literacy and mutual fund participation across the country. The initiative also aligns with the government’s goal of enhancing financial inclusion.
If you're planning to invest in a mutual fund and haven’t completed your KYC yet, you can now initiate the process online and opt for in-person verification at home. Here's how:
Download the KYC form from the official website of a KYC Registration Agency (KRA) or the mutual fund company (AMC).
Fill in your details including:
Full Name
Residential Address
PAN Number
Aadhaar Number
Nationality
Mobile Number
Email ID
Attach self-attested copies of identity and address proof (PAN, Aadhaar, etc.).
Submit the completed form along with documents to the nearest KRA, Registrar & Transfer Agent (RTA), or mutual fund office.
Opt for in-person verification—India Post agents will visit your home to verify your identity and documents.
This step-by-step process ensures compliance with regulatory norms while offering maximum convenience.
KYC, or Know Your Customer, is a mandatory process under the Prevention of Money Laundering Act (PMLA), 2002. The Securities and Exchange Board of India (SEBI) requires all investors to complete KYC before they can invest in any financial instrument, including mutual funds.
The process helps track the legitimacy of investments and ensures the safety of the financial ecosystem. Without KYC, you cannot open a demat account or start any mutual fund investment.
This door-to-door KYC service is particularly beneficial for:
Senior citizens who find it difficult to visit KYC centers.
Rural investors without easy access to financial institutions.
People who prefer contactless services in a post-COVID environment.
The government believes this will encourage more Indians, especially those in Tier 2 and Tier 3 cities, to start investing and managing their finances better.
Gone are the days of standing in long queues or navigating complicated online portals. With this new doorstep KYC facility, mutual fund investment is just a few clicks—and a friendly postman's visit—away!
So if you’ve been holding off on investing because of the KYC hassle, now is the perfect time to get started. With India Post’s trusted network and the simplified process, becoming a mutual fund investor has never been easier.
