https://v2.webnotes.in/tags/ekyc-aadhaar/Recent content in Ekyc-Aadhaar on WebNotesHugoen-INTue, 19 May 2026 00:00:00 +0000https://v2.webnotes.in/ekyc-aadhaar-otp/Tue, 19 May 2026 00:00:00 +0000https://v2.webnotes.in/ekyc-aadhaar-otp/<p><strong>eKYC via Aadhaar OTP</strong> enables Indian residents to complete mutual fund KYC instantly using their Aadhaar number and a one-time password sent to their registered mobile. The mechanism, enabled under UIDAI&rsquo;s eKYC framework with <a href="https://v2.webnotes.in/sebi/">SEBI</a> operational guidance, has been a major enabler of streamlined retail onboarding to mutual funds.</p> <h2 id="framework">Framework</h2> <h3 id="operational-mechanics">Operational mechanics</h3> <ol> <li>Investor provides Aadhaar number on AMC / direct-plan platform.</li> <li>UIDAI sends OTP to Aadhaar-registered mobile.</li> <li>Investor enters OTP.</li> <li>UIDAI provides KYC details (name, address, photograph, DOB) electronically.</li> <li>AMC&rsquo;s KYC record completed.</li> </ol> <h3 id="total-time">Total time</h3> <ul> <li>Typically under 2 minutes.</li> <li>Substantially faster than paper-based KYC or video KYC.</li> </ul> <h2 id="limits">Limits</h2> <h3 id="per-investor-limit">Per-investor limit</h3> <ul> <li>Aadhaar OTP-based eKYC has a per-investor investment ceiling.</li> <li>Typically Rs 50,000 per AMC per FY.</li> <li>For higher amounts: video KYC or in-person KYC required.</li> </ul> <h3 id="why-the-limit">Why the limit</h3> <ul> <li>Anti-money-laundering safeguards.</li> <li>OTP-based authentication is convenient but less rigorous than biometric.</li> <li>Higher-value onboarding requires additional verification.</li> </ul> <h2 id="comparison-with-related-kyc-methods">Comparison with related KYC methods</h2> <table> <thead> <tr> <th>Method</th> <th>Speed</th> <th>Limit</th> <th>Verification level</th> </tr> </thead> <tbody> <tr> <td><strong>eKYC Aadhaar OTP</strong></td> <td>2 minutes</td> <td>Rs 50,000 / AMC / FY</td> <td>Mid</td> </tr> <tr> <td>eKYC Aadhaar Biometric</td> <td>5 minutes</td> <td>Higher</td> <td>High</td> </tr> <tr> <td><a href="https://v2.webnotes.in/video-kyc-mf/">Video KYC</a> </td> <td>10-15 minutes</td> <td>No specific limit</td> <td>High</td> </tr> <tr> <td>In-person KYC</td> <td>Hours / days</td> <td>No specific limit</td> <td>High</td> </tr> <tr> <td>CKYC reference</td> <td>Instant (if existing record)</td> <td>Per existing KYC tier</td> <td>Per existing</td> </tr> </tbody> </table> <h2 id="adoption">Adoption</h2> <ul> <li>Most popular method for new investor onboarding on direct-plan platforms.</li> <li>Particularly used by <a href="https://v2.webnotes.in/zerodha-coin/">Zerodha Coin</a> , <a href="https://v2.webnotes.in/groww/">Groww</a> , <a href="https://v2.webnotes.in/kuvera/">Kuvera</a> , <a href="https://v2.webnotes.in/et-money/">ET Money</a> , <a href="https://v2.webnotes.in/paytm-money/">Paytm Money</a> .</li> <li>Substantially reduced retail-onboarding friction.</li> </ul> <h2 id="role-in-industry-growth">Role in industry growth</h2> <ul> <li>Enabled mass-scale retail SIP onboarding.</li> <li>Particularly impactful for <a href="https://v2.webnotes.in/t30-b30-categorisation/">B30 cities</a> where physical KYC was harder.</li> <li>Key enabler of post-2020 retail expansion.</li> </ul> <h2 id="see-also">See also</h2> <ul> <li><a href="https://v2.webnotes.in/ckyc-mutual-fund/">CKYC (mutual fund)</a> </li> <li><a href="https://v2.webnotes.in/ekyc-mutual-fund/" rel="nofollow">eKYC (mutual fund)</a> </li> <li><a href="https://v2.webnotes.in/video-kyc-mf/">Video-KYC</a> </li> <li><a href="https://v2.webnotes.in/kyd-mutual-funds/">KYD (mutual funds)</a> </li> <li><a href="https://v2.webnotes.in/kra-ecosystem/">KRA ecosystem</a> </li> <li><a href="https://v2.webnotes.in/fatca-crs-onboarding/">FATCA-CRS in onboarding</a> </li> <li><a href="https://v2.webnotes.in/retail-participation-mf/">Retail participation in MFs</a> </li> <li><a href="https://v2.webnotes.in/uidai/">UIDAI</a> </li> <li><a href="https://v2.webnotes.in/mutual-funds-india/">Mutual funds in India</a> </li> <li><a href="https://v2.webnotes.in/amfi-association-of-mutual-funds/">AMFI</a> </li> <li><a href="https://v2.webnotes.in/sebi/">SEBI</a> </li> </ul> <h2 id="external-references">External references</h2> <ul> <li><a href="https://www.sebi.gov.in/">SEBI</a> </li> <li><a href="https://www.amfiindia.com/">AMFI India</a> </li> </ul> <h2 id="references">References</h2> <ol> <li>AMFI public records and industry data.</li> <li>SEBI (Mutual Funds) Regulations 1996.</li> <li>Indian financial press coverage.</li> </ol>