Business · Companies · 3 hrs ago
India Post and UTI Mutual Fund expand doorstep KYC services
India Post and UTI Mutual Fund are expanding doorstep KYC services for mutual fund investors across India.
KYC means “Know Your Customer” verification, which investors need to complete to use financial services.
India Post will use its postal network to reach investors at home, including people in remote and underserved areas.
The expanded partnership builds on an earlier effort to help investors complete pending KYC requirements and fix documentation gaps.
The aim is to make mutual fund services easier to access and support wider participation and continued access to investments.
India Post already has similar KYC agreements with other mutual fund organisations, but no further steps or dates are specified.
India Post and UTI Mutual Fund have expanded their partnership to provide doorstep KYC verification for mutual fund investors across India.
The service is intended to improve access, particularly in remote and underserved areas.
The expanded agreement was signed in Mumbai by representatives of the Department of Posts and UTI Asset Management Company.
The partnership builds on an earlier initiative to help investors complete pending KYC requirements and address documentation gaps.
India Post has also made KYC arrangements with other mutual fund organisations.
- Who
- India Post and UTI Mutual Fund.
- What
- They expanded their partnership to provide doorstep KYC verification for mutual fund investors.
- When
- The agreement was signed on Thursday. The article was published on October 30, 2026.
- Where
- Across India, with the agreement signed in Mumbai.
- Why
- To simplify investor verification, improve access to mutual fund services and strengthen financial inclusion, particularly in remote and underserved areas.
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India Post had completed over 5 lakh KYC verifications for UTI and the Specified Undertaking of the Unit Trust of India.
The Department of Posts signed similar agreements with Nippon India Mutual Fund and SBI Mutual Fund.
India Post entered into an agreement with the Association of Mutual Funds in India to facilitate KYC verification through its network of over 1.64 lakh post offices.
India Post and UTI Mutual Fund signed an agreement extending their existing partnership in Mumbai.
- Parties
- India Post and UTI Mutual Fund
- Agreement signed in
- Mumbai
- Earlier verifications
- Over 5 lakh for UTI and SUUTI by April 2025
- India Post network
- Over 1.64 lakh post offices
- Article publication date
- October 30, 2026
What people are saying
Under the Pan-India KYC Verification Project, India Post will leverage its extensive postal network and last-mile connectivity to facilitate Know Your Customer (KYC) verification at investors’ doorsteps, including in remote and underserved areas