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 (we don't send any promotional emails or messages).   Step 2. Fill up the ...
Mon, 7 Dec, 2020 at 8:11 PM
What documents do I need to give to activate my account?
The documents needed depend on your KYC status. If you are already KYC compliant we just need your specimen signature to open your investing account wit...
Thu, 13 May, 2021 at 11:31 AM
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: 1. Set up the guardian's Niyo Money account. 2. Email care@niyomoney.com from the guardian's registered email...
Fri, 27 Nov, 2020 at 4:29 PM
Can NRIs invest through Niyo Money?
Yes, NRIs (except US and Canada based NRIs) can invest through Niyo Money. The entire process is completely paperless and online. You can check the document...
Mon, 7 Dec, 2020 at 8:14 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