CAN Opening Options
Option 1 - Completely Electronic eCAN
An option which allows the investors to open a CAN by submitting the data / information / document proof(s) completely ONLINE basis which an eCAN is opened. There is no need to physically submit any document.
To know more on Completely Electronic eCAN, please visit the FAQs on eCAN section. Investors are requested to please read the Instructions to fill eCAN, and Terms and Conditions before proceeding further.
Click here to open an eCAN
Option 2 – Physical Form Submission
In line with government focus on driving digital growth and also aligning to AMFI vision on enhancing digitization, as a first step, MFU will discontinue Physical CAN registration (for Individuals) with effective from 1st April 2022.
We thereby welcome you to a complete electronic mode which is an instant & convenient process to open a Common Account Number (CAN)
Under this option, Investors may submit the duly filled and signed CAN Registration Form along with necessary proof documents to the nearest MFU POS.
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INDIVIDUAL INVESTORS WHO:
- are KYC compliant (other than eKYC) through any of the KYC Registration Agencies (KRA) / CERSAI (CKYC); and
- already have an active folio with any of the AMCs participating in MFU; and
- are registering at least one bank account which is already a registered bank account in any of the active folios held in the participating AMCs
can complete the process of eCAN registration completely ONLINE, by uploading the required document proof(s) through the link provided as part of the confirmation email from MFU and there is no need to submit any document physically/later.
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INDIVIDUAL INVESTORS WHO CANNOT / DO NOT satisfy any of the above requirements, can still open an eCAN by providing the account information / details ONLINE but will be provided with a pre-filled “eCAN Registration Form” on email, for physical submission along with required document proof(s), to a MFU authorized entity or a MFU Point of Service (POS).