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Help CenterYour AccountIs KYC Mandatory to Invest?

Is KYC Mandatory to Invest?

Last updated November 22, 2023

Introduction: Knowing Your Customer (KYC) is a standard practice in the financial sector. This article delves into whether KYC is a prerequisite for investing with Fello.

Understanding the Role of KYC in Investing with Fello:

  • KYC: A Standard Requirement: KYC is essential for identity verification in financial transactions.
  • Mandatory for Fello Investments: To invest with Fello, completing the KYC process is necessary.
  • Safety and Compliance: KYC ensures the safety of your investments and compliance with regulatory standards.

Steps to Complete KYC on Fello:

  1. Login to Your Fello Account: Access your account on the Fello app.
  2. Navigate to the KYC Section: Find the KYC option in the account settings.
  3. Provide Necessary Documents: Submit documents like PAN and Aadhar for verification.
  4. Verification Process: Wait for Fello to verify your documents.
  5. Confirmation: Receive a confirmation once KYC is approved.

Conclusion: Completing KYC is crucial for a secure and compliant investment experience on Fello, safeguarding both your identity and financial transactions.

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