How does KRA validation work and what should I do if I receive a KRA notification?
KRA (Know Your Customer Registration Agency), following SEBI guidelines, validates clients' KYC details and notifies them via email or SMS. Upon receiving such a notification, you should validate your email address by clicking on the provided link.
For the step by step procedure to validate your KYC details, refer to this article.
Related Articles
How does TDS work for NRI accounts at FYERS?
Tax Deducted at Source (TDS) for NRI accounts at FYERS is deducted in accordance with Indian tax laws. This ensures compliance with the Income Tax Act, requiring brokers to deduct TDS on capital gains from the sale of securities. How TDS Works: 1. ...
How do I receive my FYERS login credentials after account opening?
After you've successfully opened an account with FYERS, here's how you can access your login credentials: We'll send the client ID of your trading account to your registered email address within five to six working days. Once your account is active, ...
Is it permissible for NRIs to receive rights/bonus shares from Indian companies?
Under the Foreign Exchange Management Act (FEMA) guidelines, Indian companies are authorized to issue Rights and Bonus shares to their non-resident shareholders, provided that the issuance is in compliance with the applicable sectoral cap.
Who qualifies as an Overseas Citizen of India (OCI)?
The Overseas Citizen of India (OCI) status is a form of permanent residency available to people of Indian origin and their spouses which allows them to live and work in India indefinitely. Despite its name, OCI status does not confer actual ...
Can i link my salary account to my FYERS account?
Yes, you can link your salary account to your FYERS account. A salary account is similar to a regular savings bank (SB) account, with most of the same features. The primary difference is that salary accounts are typically opened to receive salary ...