What is In-Person Verification (IPV) and how is it conducted?

What is In-Person Verification (IPV) and how is it conducted?

In-Person Verification (IPV) is a security step mandated by SEBI during account opening. It ensures that the person applying is physically present and submitting authentic documents. FYERS completes this verification digitally through the account opening process.

IPV is mandatory for all applicants

As per current regulations and FYERS onboarding policies, all individuals—whether their KYC is registered with a KRA or not—must complete IPV as part of the account opening process. This requirement helps maintain regulatory integrity and prevent misuse of client data.

Digital IPV process within FYERS

Once you’ve uploaded your documents, FYERS will prompt you to complete the IPV before the e-Sign step. This is done via your device’s webcam in a guided, in-app video flow.

You’ll be required to:

  • Allow camera access during the session
  • Follow the on-screen instructions to complete the short video or selfie verification

Once complete, FYERS will review the submission. If there are no discrepancies, your IPV will be marked as verified.

What if…

ScenarioDo I need IPV?
You’ve never opened a trading account beforeYes, IPV is required
Your KYC is verified with a KRAYes, IPV is still required
You're unsure about your KYC statusIPV is required in all cases

Last updated: 14 Aug 2025