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    LIC Mutual Fund launches eKYC services

    Synopsis

    The digital KYC process will facilitate all BSE StAR Members to ensure zero contact, hassle-free customer onboarding process, especially during this COVID situation.

    Telcos back QR Code-based e-KYC method vs AadhaarThinkStock Photos
    LIC Mutual Fund (LICMF) has launched eKYC services. These services will be now available for all the members on BSE StAR MF platform. BSE has partnered with LIC Mutual Fund for the eKYC services on BSE StAR MF.

    The digital KYC process will facilitate all BSE StAR Members to ensure zero contact, hassle-free customer onboarding process, especially during this COVID situation.

    The entire process is very user friendly and simplifies the user experience to perform the entire KYC process seamlessly.

    "Digital is future and especially during these pandemic times, it is even more important to adapt and facilitate virtual contact," Dinesh Pangtey, CEO, LIC Mutual Fund, said.

    R.K Jha, Chief Marketing Officer (CMO), LIC Mutual Fund further stated that LICMF's eKYC is one such step towards going Digital. "eKYC is not only important for Mutual Fund Industry but also important for the entire Financial Services Industry and it will be able to provide a simpler and richer onboarding experience to the new Customers and thus facilitate a completely paperless experience," said Jha.

    The Economic Times

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