KORPSoft EKYC Web Process
Pre-requisites for EKYC(For Vendors)
NSDL PAN Services : NSDL services for online PAN Verification. For more detail go to https://www.incometax.gov.in/iec/foportal/
Digio Services for EKYC : DigiKYC allows user to implement KYC processes through built-in Aadhaar Offline XML KYC, built-in DigiLocker integration, ID Card parsing and analysis, and Video IPV (V-CIP). For more details go to https://www.digio.in/#/index
Digio Penny Drop Services for Bank Verification : Penny drop verification is a form of bank account validation in which a penny, usually INR 1 (hence, the name), is deposited into the bank account. More details visit : https://www.digio.in/#/index
Digio Services for Esign : Through the interface provided by Digio, users can electronically/digitally sign any electronic content by Aadhaar eSign. More details visit : https://www.digio.in/#/index
RazorPay Services: Accept payments from customers. You can get account opening charges through RazorPay Api. (Not require if you do not charge any fee for account open.). For more details visit : https://razorpay.com/
Step 1. Enter mobile no. and click on continue(Investor need an Aadhaar linked mobile number to open an account online).
Step 2. Enter the 4-digit OTP received on your mobile phone and click on continue.
Step 3. Enter Email Id. and click on continue
Step 4. Enter 4-digit OTP received on your email id.
Step 5. Enter Your PAN.
Step 6. Select your Exchange/Segment Detail and pay account opening fees using UPI or through Net banking.
Step 7. Verify Aadhaar offline/Online.
Online Aadhaar Verification: Sign in to your Digilocker account to share your Aadhar details.
Offline Aadhaar Verification: Enter your Aadhaar no, Go to URL https://resident.uidai.gov.in/offlineaadhaar. Download zip file of your Aadhaar with password. Enter password and upload zip file on upload document input.
Step 8. Insert Other Details and click on continue.
Step 9. Enter your bank account details and background information.
Step 10. Add Nominee Detail. Skip if you don’t want to add Nominee
Step 11. Add Other Holder Details. Skip if you don’t want to add Other Holder.
Step 12. Upload all the required documents like PAN, Aadhar card, canceled cheque, signature photo proof, and Income proof (mandatory only for derivatives trading).
Completed. After E-KYC, All the application submitted on your web EKYC portal are directly fetch to your Backoffice software
