DIN eKYC Filing

What Is DIN eKYC Filing?

DIN eKYC Filing is a mandatory compliance process introduced by the Ministry of Corporate Affairs (MCA) for directors who have been allotted a Director Identification Number (DIN). This process aims to electronically verify and update the personal details of directors, enhancing transparency, and reducing the risk of fraudulent activities. It is a crucial step for maintaining the active status of the director’s DIN.

Who is Required to File DIN eKYC?

• All Directors:
  Every director who holds a DIN and is an active director of any company is required to complete the eKYC process. This applies to directors of private, public, and limited companies.
• Non-Compliant Directors:
  Directors who fail to file their eKYC will have their DIN deactivated. If a DIN is deactivated, the director will no longer be able to serve as a director in any company.

Benefits of DIN eKYC Filing:

• Maintains Active DIN Status: Ensures that directors remain compliant and maintain an active DIN.
• Prevents Fraud and Misuse: Updates and verifies personal details, helping to prevent fraud.
• Enhances Corporate Governance: Promotes transparency and better tracking of directors in the corporate system.

Process for DIN eKYC Filing:

1. Login to MCA Portal:
   Visit the MCA portal (www.mca.gov.in) and log in using your MCA credentials. If you don’t have an account, create one.
2. Fill the eKYC Form:
   Navigate to the eKYC section and fill out the Form DIR-3 eKYC. The form requires details such as:
   • Full name
   • Date of birth
   • Contact information
   • Residential address
   • Email ID
   • Aadhaar number and PAN details
3. Upload Supporting Documents:
   Attach the required documents for verification, including:
   • Aadhaar Card (for identity verification)
   • PAN Card (for tax identification)
   • Proof of Address (e.g., utility bill, bank statement, passport, etc.)
4. Verification by OTP:
   An OTP (One-Time Password) will be sent to the registered mobile number and email for verification. The director needs to authenticate the OTP.
5. Submit the Form:
   Once all details are filled and verified, submit the eKYC form through the MCA portal.
6. Acknowledgment:
   After submission, you will receive an acknowledgment from the MCA confirming the receipt of your eKYC form. If everything is in order, the MCA will update the director’s information.

Deadline for DIN eKYC Filing:

• Annual Filing Requirement:
  DIN eKYC must be filed annually by 30th September. Directors must complete the eKYC process before this date, or their DIN will be marked as “Deactivated.”
• For Newly Appointed Directors:
  Newly appointed directors must file their eKYC within 30 days of their appointment.

Penalties for Non-Compliance:

1. Deactivation of DIN:
   If the eKYC is not completed by 30th September, the director’s DIN will be deactivated. A deactivated DIN means the individual cannot serve as a director in any company.
2. Late Filing Fees:
   If the eKYC filing is delayed, the MCA may impose a fine, in addition to deactivating the DIN.
3. Prohibition from Directorship:
   A deactivated DIN prohibits the individual from acting as a director in any company until the eKYC process is completed and the DIN is reactivated.