IIN ( NSE NMF client ID) through Finnsys Client App
The client onboarding consists of various processes:-
Step 1. Registering clients on the Mobile app
Step 2. Client completes his Video-KYC (if he is first time investor)
Step 3. Client registers on NSE and generates his Investor Identification Number (IIN)
Step 4. As an additional option, client can go ahead & create an e-Mandate for SIP investments.
Today in this article, we will discuss Step #3 on how your client can register himself on NSE from the app
and generate his Investor Identification Number (IIN)
=== Things to do before proceeding ===
1. First, If you are new to NSE NMF platform, please login into NSE NMF portal [www.nsenmf.com] and under ADMIN, click on Enable Insta IIN >> Agree and accept. This is a one time activity and will help NSE to execute below given online process:
>> KRA KYC verification — To verify KYC Status & match name on IIN with name on KYC
>> Penny drop facility— Credit of Rs. 1 in investor account to verify bank account number of investor and match the name on IIN with name on bank records.
So please do the above process before proceeding. Ignore if you have already enabled insta-IIN.
2. Documents Required - Second, please ask your client to keep the dgital copy of a cancelled cheque in his phone gallery.
STEP 1: Fill out the IIN form which includes Applicant details | Tax Status | Address | Nominee | Bank Details
STEP 2: Upload a copy of the canceled cheque.
STEP 3: Client has to complete IIN verification and confirm FATCA on email recieved from nsenmf@nse.co.in, post which IIN will be activated.
Make sure you have enabled Insta-IIN facility from the NSE portal to ensure all the IIN's you create gets approved quickly but in a rare case if IIN activation is under pending status, please write a mail to nsenmf_bo@nse.co.in stating quoting the IIN and asking to activate the IIN.
The IIN activation status is available in your website in the top menu bar
under Premium Add-ons >>- NSE IIN mapping
Next article in series : Create e-Mandate from App
Related Articles
NSE NMF - IIN Updating and Creation
Know about your Primary NSE NMF membership code : Once you get registered with NSE NMF as a MFD for online transaction, you will be allotted a primary Member code . This is your primary code for login to the NSE NMF Admin panel, creation of IIN etc. ...UCC (Client code on BSE Star MF) creation through Finnsys App
The client onboarding consists of various processes:- 1. Registering clients on the Mobile app 2. Client completes his Video-KYC (in case he is first time investor) 3. Registers on BSE platform and generates his Unique Client Code (UCC) 4. Creates an ...Know about the Finnsys subscription and Plan
Welcome ! We thank you for choosing us as your technology partner. Let us check your subscription plan and check your corresponding service eligibility, and match with what you have purchased Plan Type Product Name Your Eligibility & inclusions ...What is D-U-N- S and why I need Apple ID ?
Once you have created your Apple ID, setup the Two Factor authentication, made the payment of $99, then you can upload your app on the IOS store. Read more about this latest guideline on IOS : App Store Review Guidelines Apple recently made this ...How to open Developer ID at IOS?
A. Apple ID for corporates and companies like : LLP, Pvt Ltd, Ltd or Partnership Firm etc : In order to open your IOS developer account to host your app, you need following things : Get Apple ID : Once you get the Apple Developer ID at ...