What are the different KYC statuses, such as validated, registered, under process, on hold, or rejected?

What are the different KYC statuses, such as validated, registered, under process, on hold, or rejected?

  • Validated/Registered: KYC is registered successfully. The Jainam account will be unblocked within 72 hours of registering the KYC.

  • Under process: This status shows up if the KYC is recently updated and is under processing at KRAs. It takes up to 5 days for the KYC status to be updated.

  • On-hold or rejected: This status appears if the previous financial intermediary didn't update your details with correct information and documents. Jainam will send the required documents to the KRA to rectify your KYC status.