The Central KYC Records Registry (CKYCRR) on December 24, 2024, issued the updated fee structure for the transactions.
The reporting entities will be charged a fee of Rs. 2.25 for the first successful download of each record and any subsequent downloads of the same record will incur a reduced fee of Rs. 1.00. Uploads and updates will be incentivized at Rs 0.50 and Rs.0.25 respectively. Search transactions will continue to be offered at no cost.
The Proposed charge per record (Rs.) w.e.f January 01, 2025 for the following parameters are as follows:
• Creation of a new KYC record – 0.50* (incentive)
• First time download of KYC record - 2.25
• Subsequent download of KYC record by the same reporting entity - 1.00
• Update of KYC record - 0.25* (incentive)
The GST, as applicable, shall be chargeable over & above the proposed charges.
The updated fee structure for the transactions on CKYCRR, will take effect on January 1, 2025.
[Notification No. CKYC/2024/10]
