In the age of digital finance, streamlining customer verification has become essential for financial institutions and borrowers alike. That’s where CKYC (Central Know Your Customer) comes in — a centralized solution to simplify and secure your KYC process across banks and NBFCs.

If you’re an MSME owner or individual planning to apply for a business loan, understanding CKYC can save you time and paperwork. Let’s break it down.

What is CKYC ?

CKYC stands for Central Know Your Customer, a centralized repository managed by the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI). It allows financial institutions to access a customer’s verified KYC records from a central database.

Once you’re registered, you receive a 14-digit CKYC number that can be used across all financial services—banks, NBFCs, mutual funds, and insurance.

Key Benefits of CKYC for Borrowers

1. One-Time Verification
   You don’t need to submit KYC documents repeatedly. Once done, your CKYC number is accepted across institutions.
2. Faster Loan Processing
   Financial institutions like Velicham Finance can fetch your KYC directly from the CKYC portal—leading to faster onboarding and loan approval.
3. Secure and Centralized
   All your personal and identity data is stored in a secure, centralized system, minimizing the chances of fraud or duplication.
4. Supports Financial Inclusion
   By simplifying onboarding, CKYC makes it easier for MSMEs and rural entrepreneurs to access formal financial systems.

How to Complete CKYC Registration

You can register for CKYC through any bank, NBFC, or financial institution. Here’s what you need:

• PAN card
• Aadhaar card or passport (address proof)
• Passport-size photo
• Filled CKYC form (available online or at banks)

Steps:

1. Visit your NBFC (e.g., Velicham Finance).
2. Submit your KYC documents and complete biometric verification.
3. Once verified, your data is uploaded to the CKYC registry.
4. You’ll receive a 14-digit CKYC number (checkable via the CKYC portal).

How to Check Your CKYC Number

1. Go to the official CKYC website or your financial institution’s portal.
2. Enter your PAN and DOB.
3. Your CKYC number and status will be displayed if you’re registered.

CKYC at Velicham Finance

At Velicham Finance, we simplify your loan journey by verifying CKYC details digitally—reducing paperwork and enabling quick disbursal for MSME and agri-loans.

No repeated KYC uploads. No confusion. Just fast and secure financing.

CKYC is more than just a compliance requirement—it’s a convenience and trust-builder. Whether you’re applying for your first MSME loan or managing multiple financial products, CKYC saves time, boosts transparency, and makes access to finance smoother.