Sebi Enhances KYC Process with NPCI's e-KYC Setu System

Sebi has announced that registered intermediaries can now utilize NPCI's 'e-KYC Setu System' to simplify the digital KYC process. This system serves as an additional method for performing Aadhaar-based e-KYC. The initiative, developed by NPCI and UIDAI, aims to streamline customer onboarding in the securities market.

Devdiscourse News Desk | New Delhi | Updated: 30-06-2025 19:53 IST | Created: 30-06-2025 19:53 IST

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Country:
India

Sebi has introduced a new digital tool for intermediaries in the securities market. On Monday, the regulatory body announced that the 'e-KYC Setu System' by NPCI is now available for registered intermediaries to conduct digital Know Your Client (KYC) processes.

This system is an alternative method for Aadhaar-based e-KYC, complementing existing services offered by UIDAI. The initiative aims to simplify and streamline the verification process for clients in the securities market.

Developed through a partnership between NPCI and UIDAI, the 'e-KYC Setu System' harnesses digital technology to enhance customer onboarding, promising greater efficiency and ease for intermediaries.

(With inputs from agencies.)