Dear Forum Members, I have initiated KYC verification through ICICI Direct around end of March and it is ‘UNDER VERIFICATION’ state now. Its not yet verified. Recently I opened an account with FundsIndia and they also checked it and said no new KYC is needed as soon it will become ‘VERIFIED’.
I have two questions now:
1. How long it takes from ‘UNDER VERIFICATION’ to ‘VERIFIED’ in CVL-India website?
2. I have done some initial investment through FundsIndia and the document I received from AMC has ‘KYC not Complied’ against my PAN. Is this has an issue? Should I need to wait untill status becomes verified, to make any future investments?
Please kindly clarify. Thanks.