Open demat accounts with SEBI-compliant In-Person Verification (IPV) through a streamlined video KYC flow — achieving near-perfect first-attempt success rates while meeting every regulatory requirement automatically.
SEBI mandates In-Person Verification for every new demat account holder. For stockbrokers and depository participants, this means either arranging physical meetings or conducting video verifications that satisfy strict regulatory standards for recording quality, identity validation, and documentation. Most existing solutions result in failed verification attempts, compliance gaps, and frustrated investors who abandon the process.
First-attempt verification success rate — BASEKYC's guided flow ensures investors complete IPV correctly the first time
Purpose-built video sessions that automatically enforce SEBI's IPV standards — HD face capture, clear audio consent recording, PAN card display, and signed declaration. Every recording is encrypted, timestamped, and stored with immutable metadata for audit readiness.
During the video call, agents guide investors to show their PAN card, Aadhaar, and signature. BASEKYC automatically captures high-resolution snapshots, runs OCR extraction, and cross-validates document details against the application data — all within the same session.
Built-in compliance guardrails ensure every session meets SEBI requirements before completion. The system validates video quality, confirms face visibility, verifies document capture, and checks consent recording — alerting the agent immediately if any step needs to be repeated.
HD video calls with real-time document capture, screen sharing, and multi-party support for agent-assisted IPV sessions.
Dual-approval workflows where a checker reviews every IPV recording and document before final account activation.
Track IPV completion rates, agent throughput, compliance scores, and account activation metrics in real-time dashboards.
Stock brokers and depository participants must satisfy SEBI's stringent KYC and In-Person Verification requirements before activating any demat or trading account. BASEKYC is purpose-built to meet every SEBI mandate.
Full compliance with SEBI's Master Circular on KYC for Securities Markets (SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/70) which consolidates all KYC requirements for intermediaries. BASEKYC enforces mandatory PAN verification, Aadhaar-based identification, and collection of all six KYC attributes — name, address, PAN, valid mobile, valid email, and income range.
SEBI permits Video In-Person Verification (VIPV) as an alternative to physical IPV under its circular SEBI/HO/MIRSD/DOP/CIR/P/2020/166. BASEKYC conducts VIPV sessions where the investor's live image is captured alongside their PAN card, the agent records explicit consent, and the entire session is stored with an immutable audit trail — satisfying both SEBI and depository (NSDL/CDSL) requirements.
SEBI requires all intermediaries to upload verified KYC records to a SEBI-registered KYC Registration Agency (KRA) such as KFintech, CAMS, NDML, CVL, or DotEx. BASEKYC generates KRA-compliant data files and supports automated upload to your designated KRA, ensuring the investor's KYC status is updated across all market intermediaries within the mandated timeline.
Stock brokers are classified as reporting entities under PMLA and must perform CDD at account opening. BASEKYC integrates PEP screening, sanctions list verification, and risk categorisation directly into the VIPV workflow, enabling brokers to fulfil their AML obligations without adding extra steps to the investor onboarding experience.
API integration with your back-office and depository participant systems. Configure KRA upload pipelines (CAMS, KFintech, or NDML), set up SEBI-compliant VIPV workflow rules, and establish PAN verification channels with NSDL/UTIITSL.
Agent training on VIPV procedures, PAN card display protocols, and consent recording standards. End-to-end testing with simulated demat account openings, including KRA upload validation and depository integration checks.
Controlled pilot with real investor accounts, monitoring VIPV success rates and KRA upload accuracy. Full production rollout with dedicated support for the first week of live operations across all channels.
A detailed guide on meeting SEBI's In-Person Verification requirements for demat account opening — covering physical IPV, VIPV alternatives, and documentation standards.
Everything stock brokers need to know about SEBI's Video In-Person Verification — regulatory circulars, technology requirements, recording standards, and implementation best practices.
A breakdown of SEBI's consolidated KYC Master Circular — the six mandatory KYC attributes, KRA registration obligations, and how intermediaries should update their onboarding processes.
Achieve 98.5% first-attempt IPV success with BASEKYC's SEBI-compliant video verification platform.