The Central KYC Records Registry is a centralized repository of customers’ KYC records in electronic form. It provides the 14-digit KYC number keys linked to their ID (CKYCRR record bearing reference). Whenever a customer’s KYC details change, all connected institutions are automatically updated. This records registry helps financial institutions access and manage customer KYC information.
Surepass CKYCRR API is an application programming interface that allows banks and financial institutions to get KYC records. It simplifies the customer verification process during customer onboarding.
How does it work?
Input: Enter the PAN Number in the API.
API Processing: API will fetch the details associated with the PAN Card.
Output: Receive verified KYC records as an output.
Use Cases
Customer Onboarding for Banks
Banks can use this API to fetch KYC documents of customers during the customer onboarding process. It eliminates the need for repetitive document collection and manual verification.
Loan Application Processing
Financial institutions can use the CKYCRR API to verify customer identity and KYC details during loan applications.
Regulatory Audits and Compliance Checks
Institutions can integrate the API to keep customer data accurate and updated, helping them meet regulatory KYC requirements.