What Does KYC/KRA Status Mean? How to Check Your KYC Status Online
What does KYC/KRA status mean? How do I check it? Find a clear answer in this FAQ by 021 Trade.
What is KYC (Know Your Customer)?
KYC is a mandatory process that financial intermediaries—such as banks, insurers, and stockbrokers—must complete before opening an account. It involves verifying your identity, address, bank details, and PAN.
Once your KYC is verified, the details are stored with a SEBI-authorized KYC Registration Agency (KRA). If your KYC is already registered through another intermediary, the latest details are updated accordingly.
What is KRA (KYC Registration Agency)?
KRA is a SEBI-authorized agency that stores and manages your KYC records. Your KRA status shows whether your KYC details are:
- Registered
- Validated
- Under Process
- On Hold
- Rejected
How to Check Your KYC/KRA Status?
021.trade partners with CDSL Ventures Ltd. (CVL) for KRA services. To check your KYC/KRA status:
- Visit: https://www.cvlkra.com/
- Click on KYC Inquiry
- Enter your PAN and complete the captcha
- Click Submit to view your status
Understanding Your KYC Status
- Validated/Registered: Your KYC is successfully registered, and you can proceed with trading.
- Under Process: Your KYC details have been recently updated and are being processed by the KRA. This may take up to 5 working days.
- On Hold / Rejected: There may be discrepancies or missing information in your KYC details. Our account opening team will contact you to resolve the issue and complete the process.
