The full form of CKYCR is Central KYC Registry. It’s used on Governmental ,Rules & Regulations in India

Central KYC Registry (CKYCR) is a centralized repository of Know Your Customer (KYC) records of customers in the financial sector with uniform KYC norms and is accessible to all the financial institutions in India.

The Central KYC Record Registry, which started operating from 2016, caters to Reporting Entities (REs)of all four major regulators of financials sector i.e. RBI, SEBI, IRDAI & PFRDA.As on 31st March 2021, CKYCRR hosts more than 35 crore KYC records and the growing number of KYC Records downloaded by REs from CKYCRR signify the benefit and ease this repository has provided to the REs and their customers.

It’s inevitable that you undergo the process of CKYC if you are a potential stock market or mutual fund investor. When you approach a fund house to invest in, you would first be asked to fill the KYC form and submit the supporting documents. These documents would be sent to CERSAI and you would be allocated with a 14 digit CKYC number. If you wish to invest in another mutual fund house, then you would not be in need of submitting the documents for verification. The mutual fund house would request CERSAI to furnish your documents by submitting your CKYC number. CKYC makes your process of investing easy and hassle-free.

• CKYC registry enables financial companies to verify documents at ease.
• Investors need not submit KYC documents each time before starting a new financial relationship with a new financial company.
• Investors have access to update their details in the CKYC registry.
• You can use the CKYC number when buying or investing in various financial instruments such as an insurance policy, investing in mutual funds, and stock markets.