What is In-Person Verification (IPV)? Why is it needed?

As per SEBI guidelines, IPV is a mandatory procedure where the broker has to verify the documents and client in person while opening a Trading and Demat Account. You can choose to complete your IPV either via web camera or mobile. During the IPV process, you just need to record a video showing valid ID proof along with your face. *Not applicable for CKYC yes case
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