Where can I find my 14-digit CKYC number?

You can find it on your bank's mobile app under the 'Profile' or 'KYC' section, or by checking your CKYC status on the CERSAI web portal.

Is GST still applicable on term insurance in 2026?

No, the GST Council removed the 18% GST on individual term insurance premiums effective from September 22, 2025, making policies much more affordable.

Do I need to upload my physical Aadhaar card again?

No. Once your details are in the Central KYC Registry, insurers fetch them digitally with your OTP consent. Physical uploads are no longer required.

What happens if my address changes?

Update your address once in the CKYC registry through any financial institution. The update will automatically sync across all your insurance policies and bank accounts.

Is my data safe in the CKYC registry?

Yes, the registry uses AI-powered face matching and OTP-based consent. Your sensitive data like your full PAN is masked to protect your privacy.

Can I buy term insurance without a CKYC number?

You can, but the process will be slower. Completing your CKYC once makes all future insurance and financial applications instant and paperless.

Central KYC Registry: Instant Term Insurance Onboarding 2026

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Central KYC Registry: Buying Term Insurance in Under 5 Minutes by 2026

No more uploading PAN or Aadhaar every time you buy a policy. Discover how your 14-digit CKYC ID and Bima Sugam are making term insurance instant and cheaper.

4 min read

OneAssure Team

April 05, 2026

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Need advice tailored to you?

Looking for the right plan? You don't have to guess. Let us compare the fine print for you and give you an unbiased recommendation.

The end of the paperwork nightmare

Remember the last time you tried to buy term insurance? You probably spent thirty minutes hunting for your physical PAN card. You scanned it. You realized the file was too large. You resized it. Then you did the same for your Aadhaar. By 2026, this entire circus is a relic of the past. If you have a 14-digit Central KYC (CKYC) identifier, you are already halfway to your policy. One ID. Five minutes. Done. This is the new reality of digital onboarding in India.

Your 14-digit golden key

The Central KYC Registry is a massive digital vault managed by CERSAI. It stores your verified identity and address proofs securely. Once you complete your KYC with any bank or mutual fund, you get a unique 14-digit CKYC number. This number is your universal financial passport. When you apply for term insurance in 2026, the insurer simply asks for this number and your consent. They fetch your verified data from the registry in seconds. No more manual uploads. No more blurry photo rejections. It is clean, fast, and incredibly efficient.

Bima Sugam and the 5-minute miracle

The real magic happens when CKYC meets Bima Sugam. Think of Bima Sugam as the UPI for insurance. It is a central exchange where you can buy, renew, and claim policies from any Indian insurer. Because Bima Sugam is plugged directly into the Central KYC Registry, the onboarding journey is friction-free. You pick a plan, enter your CKYC ID, and verify yourself via an OTP. The platform automatically populates your name, age, and address. Since the data is already verified by the registry, the insurer can issue your policy almost instantly. This digital speed is a major reason why companies can now offer lower premiums.

Cheaper premiums and zero GST

Cost is the biggest winner in this digital shift. Since September 2025, the government has removed the 18 percent GST on individual term insurance premiums. This was a massive relief for young earners. Combine this with the reduced administrative costs of digital onboarding, and term insurance has never been more affordable. When insurers do not have to pay for physical document verification or manual data entry, those savings are passed on to you. A ₹1 crore cover that used to feel like a significant annual expense is now much lighter on your wallet.

Privacy and security in the AI era

You might worry about your data being out there. However, the 2026 revamped registry uses high-end security. Your sensitive details like your full PAN are masked. Insurers only see what they absolutely need to see. For authentication, the system uses AI-powered face matching. This ensures that the person applying for the policy is actually you and not a deepfake or a fraudster. You remain in control. No financial institution can access your CKYC record without an OTP-based consent from your registered mobile number. It is security that actually works for you.

Avoid the claim settlement trap

One common mistake Indians make is having mismatched names on different documents. Maybe your bank has your name as 'Rahul K' while your Aadhaar says 'Rahul Kumar'. These tiny gaps can lead to delayed claim settlements for your family later. Use the CKYC registry to fix this now. You only need to update your details once in the central registry. This change then syncs across all your active insurance policies automatically. It ensures that when your family needs the claim amount, there are no technical hurdles. You can find your existing CKYC number through your bank portal or by giving a missed call to the official toll-free numbers provided by CERSAI.

The CKYC readiness checklist

Check your bank portal to find your 14-digit CKYC number.
Ensure your mobile number is linked to your Aadhaar for OTP consent.
Verify that your name and date of birth match exactly across all records.
Update your current home address in the registry if you have moved recently.

The transition to a paperless insurance era is here. Platforms like OneAssure help you navigate these choices by focusing on clarity and protection. By using your CKYC ID, you are not just saving time; you are building a secure, mismatch-free financial future for your loved ones.