What is In-Person Verification (IPV), and why is it required?
In-Person Verification (IPV) is the process of verifying that the person opening the account and the documents submitted are of the same person. As per regulations, brokers can perform a video In-Person Verification (IPV).
To complete the IPV, visit signup.zerodha.com/ipv. A 4-digit OTP is generated and shown on the screen. Clients are required to enable the camera and show the OTP while being clearly visible. To learn how to enable the camera. See, How can the camera be enabled for an in person verification (IPV)?
Clients must ensure that only the account holder is present during the IPV. The IPV will be rejected if anyone else is present. Only when opening a minor account must both the guardian and the minor be present.