Ckyc Api Integration Software

By Author: iSolve Tech
Total Articles: 3
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Central Know Your Customer (CKYC) is an initiative of the India Government where a centralized registry of KYC records of customers in the financial sector is maintained. Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI) is introduced to centralize and digitize customer KYC documents to reduce repeated KYC verification.

It works by uploading customers/individual’s KYC data and images into the CKYC-R through the financial institution and retrieving the unique 14-digit CKYC number. A CKYC automated solution that assists the financial institution in meeting the Guidelines and prerequisites of CERSAI, RBI, IRDA, and PFRDA rules.

iSolve CKYC software solution isn’t simply used to upload CKYC documents; its unique CKYC framework ensures a start-to-finish measure at the board of the whole CKYC flow. With simple APIs or file transfers, it effectively incorporates any heritage information base framework or back-office arrangement of the establishment. The registry for Central KYC or CKYC is CERSAI; which is responsible for keeping the information records for each KYC that is conveyed.