Getting started
What is kyc?
The identity check required before you can open an investment account.
Explained in more detail
KYC stands for know your customer. It verifies who you are using PAN, Aadhaar and a bank account. Once completed with one regulated entity, it is generally recognised across the system, so you do not repeat it for every broker or fund.
An example
For instanceVerification is usually done online with an Aadhaar OTP.
Why this matters to you
You will meet this word in broker apps, company results and market news. Knowing what it means is not the goal on its own. The goal is being able to judge whether a number is good or bad for the investment you are actually holding.
On AlphaVik, any time kyc appears in a view or a lesson, you can hover or tap the word and this explanation comes with it. You never have to leave the page to look something up.