Account Opening, Activation & KYC

What are the steps to register on Niyo Money?
Step 1. Sign up on Niyo Money using your email address and mobile number. Please note that the mobile number should be an Indian number to proceed (as per ...
Wed, 14 Jul, 2021 at 4:25 PM
What documents do I need to give to activate my account?
The list of documents depends on your KYC status (at the time when registration starts): KYC is a one-time process. If you are already KYC compliant (al...
Wed, 14 Jul, 2021 at 4:55 PM
What is Know Your Customer (KYC)?
KYC is a one-time process mandated by SEBI which allows a person to invest in Mutual Funds. If your KYC is not done, Niyo Money will register your KYC free...
Mon, 7 Dec, 2020 at 8:12 PM
When can I start investing?
You can start investing as soon as you have submitted the relevant documents and details on the app/website. You can check out what you need to give here.
Thu, 11 Feb, 2021 at 5:44 PM
Can I invest if my KYC is in progress and is not registered yet?
Yes, the regulations allow you to invest even when your KYC is in progress.
Fri, 27 Nov, 2020 at 4:28 PM
Can I set up a joint holding Mutual Fund account?
Yes, you can. To do this, you can: 1. Register both the primary and joint account holders on Niyo Money under 2 different logins. 2. Email care@niyomoney....
Fri, 27 Nov, 2020 at 4:28 PM
Can I set up a minor account?
Yes, you can. To do this, you can: A. Set up and activate the guardian's Niyo Money account. B. Set up an alternate Niyo Money account for the mi...
Mon, 12 Jul, 2021 at 8:05 PM
Can NRIs invest through Niyo Money?
No, I'm afraid NRIs can't set up an account with Niyo Money anymore.  As per the latest regulations, the registration processes are slightly di...
Wed, 14 Jul, 2021 at 4:54 PM
Why can't US and Canada based NRIs invest through Niyo Money?
Unfortunately, NRI's from the US or Canada don't have as many options as Resident Indians or other NRIs have. At Niyo money we don't accept i...
Thu, 11 Feb, 2021 at 5:45 PM
Do I need a Demat account to invest through Niyo Money?
No, you don’t as Mutual Fund investments do not require Demat accounts. 
Fri, 27 Nov, 2020 at 4:31 PM