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KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary.

In case of any change in KYC details, please submit a change request form along with the supporting documents with any broker, DP, mutual fund etc. with whom you transact. On verification of the same, CVL will download the updated details to all intermediaries which have registered your KYC.

The provisions of The Prevention of Money Laundering Act, 2002 (PMLA) and KRA Regulations (2011), has made it mandatory for all Market Participants to comply with the 'Know Your Client' (KYC) norms. In this regard, CVL has created the necessary infrastructure in order to handle the KYC in accordance to the KRA Regulations (2011).

As a result, all Investors will now have to submit their PAN card copy (which serves as Proof of Identity (PoI)) and Proof of Address (PoA) only once with any of the intermediary it deals with.

About CVL

CDSL Ventures Limited (CVL) is a wholly owned subsidiary of Central Depository Services (India) Limited (CDSL), a leading securities depository in the country. CVL derives its confidence from its team, which has **Securities Market Domain Expertise**.

CVL has in place stringent policies and systems to ensure data confidentiality. Strong electronic and physical security measures safeguard confidential information.

At CVL, ethics, values, and reputation form the foundation of our philosophy. Our aim is to be globally respected as an ITES company. We believe in empowering our people, encouraging them to take on challenging assignments while exceeding customer expectations.