Glide Invest FAQ: What is KYC and why do you need it?

What is KYC & why do you need it?

Know Your Customer (KYC) is a regulatory requirement to ensure protection of customers against fraud, money laundering and illegal activities. You provide certain identity information like PAN card and the data is stored at a safe and secure place.  It is then accessed by various banks and financial institutions authorized by you to access it.

At Glide Invest, KYC is required to be done only once after which any AMC whose Mutual Funds you invest in is authorized to verify your identity and ensure that the person transacting is who he/she claims to be.

Currently, at Glide, we offer full KYC service and can complete you KYC through the app itself.

In case you wish to get your KYC done physically, or get your KYC details updated, we request you to visit your nearest CAMS or KARVY centres and get your KYC updated.  Please click on the links below to find the centre nearest to you. 
  1. CAMS Service centre
  2. KARVY Service centre

Please intimate us once you receive confirmation from them about your updated KYC status. We will re-verify your records from our end and move you to the next stage of getting investment ready!


    • Related Articles

    • Is it mandatory to link Aadhaar with PAN?

      Yes, absolutely! As per notice provided by CAMS to all online distributors, recent amendments to the Income Tax Rules (detailed extract given under) makes it mandatory to link Aadhaar with PAN, on or before 30th Sep 2021 (previously 30th Jun 2021), ...
    • What is eKYC? Why is my investment limited to Rs. 50000?

      KYC, or Know your customer, is the process of identifying a customer with a goal of detecting and avoiding fraud in financial transactions. It is legally binding to financial institutions including banks and NBFC’s. As per UIDAI, eKYC is a paperless ...
    • What is Full KYC? How can I get KYC verified at Glide Invest?

      Full KYC is the process by which your KYC verification is performed in-person or via biometric at authorised points of acceptance. As this process has gotten digitised in India, full KYC through Aadhaar-based OTP is now possible completely online and ...
    • Who can invest through Glide Invest?

      Any individual over 18 years of age with an Income Tax department issued Permanent Account Number (PAN) can invest through Glide Invest. Once you signup, getting investment ready is a simple 5 step process. If you have already invested in a mutual ...
    • Can NRI customers invest through Glide Invest app?

      No, at this point, we are not permitting NRI customers to invest through our app.  We will enable this feature in the near future. If you are a NRI customer, do go ahead and register on the app and complete your KYC.  We will notify you as soon as ...