CKYC 2.0: One KYC for All Your Financial Products

## What Happened CKYC 2.0 started rolling out on August 1, 2026. CKYC stands for Central Know Your Customer. It is one central system built for India's financial sector. Earlier, every bank, mutual fund, and insurance company did its own KYC. You had to submit the same papers again and again. Under CKYC, your details are verified once and stored in a central registry. CERSAI manages this registry. CERSAI is the Central Registry of Securitisation Asset Reconstruction and Security Interest of India. It works under the RBI and is the most trusted source for KYC records. ## What Is New In CKYC 2.0 - OTP-based consent: You no longer need to hand over physical documents. One OTP is enough to give your consent. - 14-digit CKYC identifier: This is a unique number given to you. Share it to onboard with any financial product. - Confidence score: Every KYC record gets a score that shows how verified it is. - Digital-first approach: Everything moves online, so paperwork drops. ## Who Can Get CKYC Any person who wants a CKYC record must go through a regulated financial institution. Banks, mutual fund companies, and insurance companies can all do this for you. You cannot create the record on your own. ## Benefits - You do not submit the same documents again and again. Do KYC once and use it everywhere. - Opening a new account or investment becomes faster. - One record covers all your financial products, including bank, mutual fund, and insurance. - Your record sits in one secure central place. - A central system lowers the risk of fraud. ## CKYC vs eKYC vs Normal KYC - CKYC: Your data is stored in CERSAI's registry. Any financial institution can access it only after taking your permission. - eKYC: This is Aadhaar-based digital verification. It happens in real time when you apply for a financial product. - Normal KYC: You carry physical papers like PAN, Aadhaar, and address proof to the institution. They check the papers and keep the record. ## How to Register 1. Visit any regulated financial institution, such as a bank, mutual fund, or insurance company. 2. Submit the needed documents like PAN, Aadhaar, and a photo. 3. The institution verifies them and uploads them to CERSAI. 4. You receive a 14-digit CKYC identifier. 5. Use this number for fast onboarding at any other financial institution. ## How to Check Your CKYC Status 1. Open the CERSAI website at cersai.org.in. 2. Go to the CKYC Status Check section. 3. Enter your 14-digit CKYC number or your PAN number. 4. Your status will show on the screen. If you did CKYC earlier and forgot your number, contact your bank or financial institution. They can share your CKYC number with you.