News From Press Birla Sunlife mutual fund launches 100% paperless eKYC

Birla Sunlife mutual fund launches 100% paperless eKYC

Source: Economic Times Feb 26, 2016

Birla Sun Life Mutual Fund (BSLMF), announced the launch of a new 100% paperless, Aadhaar based eKYC facility. First-time investors to mutual funds can now complete their 'eKYC' formality using their Aadhaar Number. Using the One Time Password (OTP) based method of recording customers consent for using Aadhaar data, this 100% paperless process is completed with data received from UIDAI.

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