KYC is a mandatory process while onboarding a customer on any SEBI registered intermediary such as Stockbrokers, Asset Management Companies (AMCs), Investment Advisors (RIAs), Portfolio Managers (PMS), and so on.
Dhan being a registered Stock Broker and a Depository Participant, we need to do your KYC by regulations and guidelines issued by SEBI, Stock Exchanges, Depository, KRAs, CERSAI, PMLA and other guidelines applicable to us when we open your investment account.
Without your full KYC, you may not be able to invest via Dhan.