{"id":849,"date":"2025-05-12T00:00:00","date_gmt":"2025-05-12T00:00:00","guid":{"rendered":"https:\/\/rize.blog.razorpay.in\/form-dir-3-kyc-kyc-of-directors\/"},"modified":"1970-01-01T00:00:00","modified_gmt":"1970-01-01T00:00:00","slug":"form-dir-3-kyc-kyc-of-directors","status":"publish","type":"post","link":"https:\/\/razorpay.com\/rize\/blogs\/form-dir-3-kyc-kyc-of-directors\/","title":{"rendered":"KYC of Directors: Form DIR-3 Requirements, Fees, Penalty &#038; How to Apply"},"content":{"rendered":"<h2>DIR-3 KYC<\/h2>\n<p>Form DIR-3 KYC is an important annual compliance step that every person holding a <a href=\"https:\/\/razorpay.com\/rize\/blogs\/director-identification-number-din\" target=\"_blank\">Director Identification Number<\/a> (DIN) must complete. Whether you&#8217;re currently a director in a company or not, if you have a DIN, you must file this form each year.<\/p>\n<p>The Ministry of Corporate Affairs (MCA) mandates filing this form every year to ensure that directors\u2019 records are current and accurate. <\/p>\n<p>Failing to file this form within the deadline will lead to the DIN being marked as \u201cDeactivated due to non-filing of DIR-3 KYC,\u201d restricting a director from participating in company matters until compliance is restored.<\/p>\n<h2>Purpose of the Form DIR-3 KYC<\/h2>\n<p>The purpose of DIR-3 KYC is to keep director information in sync with official records and maintain a transparent and compliant corporate ecosystem. It ensures that directors update their information annually with the MCA.<\/p>\n<h2>Who Has to File e-Form DIR-3 KYC?<\/h2>\n<p>Every individual who holds a DIN, regardless of whether they are currently serving as a director, must file the e-Form DIR-3 KYC with the MCA <strong>each year<\/strong>. This includes:<\/p>\n<ul>\n<li><a href=\"https:\/\/razorpay.com\/rize\/blogs\/director-in-private-limited-company\/\" target=\"_blank\"><strong>Directors of private<\/strong><\/a><strong> and public companies<\/strong><\/li>\n<li>Individuals whose DIN is <strong>active<\/strong> or <strong>approved but inactive<\/strong><\/li>\n<\/ul>\n<p>There are no exemptions, so it&#8217;s essential to comply regardless of your status or position.<\/p>\n<p><strong><em>Thinking of launching your business? Begin your<\/em><\/strong><a href=\"https:\/\/razorpay.com\/rize\/company-registration\/\"><strong><em> company registration<\/em><\/strong><\/a><strong><em> today with Razorpay Rize.<\/em><\/strong><\/p>\n<h2>Applicable Fee For Form DIR-3 KYC<\/h2>\n<ul>\n<li><strong>Filing Fee<\/strong>: Free if filed <strong>on or before September 30<\/strong><\/li>\n<li><strong>Penalty<\/strong>: \u20b95,000 if filed <strong>after the due date<\/strong>, and the DIN will be deactivated until payment is made<\/li>\n<\/ul>\n<h2>Due Date for Filing DIR 3 KYC Form<\/h2>\n<p><strong>The KYC form must be submitted by September 30 every year. There are two formats:<\/strong><\/p>\n<ul>\n<li><strong>DIR-3 KYC: <\/strong>For first-time filers or those updating details<\/li>\n<li><strong>DIR-3 KYC Web: <\/strong>For those who have filed previously and have no changes<\/li>\n<\/ul>\n<h2>Penalties for Late Filing of the Form DIR-3 KYC<\/h2>\n<p>Missing the <strong>September 30<\/strong> deadline results in:<\/p>\n<ul>\n<li><strong>DIN Deactivation<\/strong><\/li>\n<li>A <strong>penalty of \u20b95,000<\/strong> to reactivate the DIN<\/li>\n<\/ul>\n<h2>Documents Required to File DIR-3 KYC Form<\/h2>\n<p>Directors need the following documents:<\/p>\n<ul>\n<li><strong>Self-attested PAN card<\/strong><\/li>\n<li><strong>Self-attested Aadhaar card<\/strong><\/li>\n<li><strong>Passport<\/strong> (if available)<\/li>\n<li><strong>Valid mobile number and email ID<\/strong><\/li>\n<li><strong>Digital Signature Certificate (DSC)<\/strong><\/li>\n<\/ul>\n<h2>Key Verification Steps for Filing the Form DIR-3 KYC<\/h2>\n<p>Filing the DIR-3 KYC form may seem straightforward, but following the steps carefully is important to ensure successful submission and avoid any delays or penalties. Here&#8217;s a detailed breakdown of the process:<\/p>\n<h3><strong>Step 1: Collect Personal Documents<\/strong><\/h3>\n<p>Before starting the filing process, gather all the required documents. <\/p>\n<h3><strong>Step 2: Ensure Accuracy of Details<\/strong><\/h3>\n<p>Ensure that all the information you enter in the form matches the details mentioned in your official documents (especially PAN and Aadhaar). Any mismatch can lead to rejection or delays in processing.<\/p>\n<h3><strong>Step 3: Verify with OTP <\/strong><\/h3>\n<p>Once you enter your <strong>email ID and mobile number<\/strong>, an <strong>OTP (One-Time Password)<\/strong> will be sent for verification. This is an essential part of the KYC process and ensures that your contact information is valid and belongs to you.<\/p>\n<h3><strong>Step 4: Sign with a Digital Signature Certificate (DSC)<\/strong><\/h3>\n<p>The DIR-3 KYC form <strong>must be digitally signed<\/strong> by the director using a valid <a href=\"https:\/\/razorpay.com\/rize\/blogs\/digital-signature-certificate-dsc\/\" target=\"_blank\"><strong>DSC<\/strong><\/a> (Class 2 or Class 3). This step certifies the authenticity of the information being submitted.<\/p>\n<h3><strong>Step 5: Get it attested by a Professional<\/strong><\/h3>\n<p>After signing the form with your DSC, the form must be certified by a practising professional like a <strong>Chartered Accountant (CA) or a Company Secretary (CS). <\/strong>The professional must verify the form\u2019s contents and affix their own digital signature. Their membership number, certificate of practice number, and contact details must also be provided.<\/p>\n<h3><strong> Step 6: Upload the Form to the MCA Portal<\/strong><\/h3>\n<p>Once the form is digitally signed and attested, upload it on the <strong>Ministry of Corporate Affairs (MCA) portal<\/strong>.<\/p>\n<h2>Process After Submitting the DIR-3 KYC Form<\/h2>\n<p>Once the DIR-3 KYC form is successfully submitted on the MCA portal, the following steps take place:<\/p>\n<ul>\n<li>SRN Generation: An SRN (Service Request Number) is instantly generated upon submission. This SRN is important for tracking your application and for any future correspondence with the Ministry of Corporate Affairs (MCA).<\/li>\n<li>Email Acknowledgement: The director receives an acknowledgment email at their registered email address. This email confirms the receipt and approval of the DIR-3 KYC form and usually includes a receipt of the submission. It is advisable to save this receipt for your records.<\/li>\n<li>MCA Verification: The MCA system verifies the details provided in the form. If all information is correct, the status of the Director Identification Number (DIN) is updated to reflect successful KYC completion.<\/li>\n<li>Error Handling: If there are any errors or discrepancies in the submitted information, the form may be rejected, and the director will be required to correct the errors and resubmit the form.<\/li>\n<li>Late Filing Consequences: If the DIR-3 KYC form is filed after the due date (generally 30th September), a late fee of Rs. 5,000 is applicable. In such cases, the DIN remains deactivated due to non-filing until the form is submitted and the late fee is paid.<\/li>\n<\/ul>\n<p>Key Points to Remember:<\/p>\n<ul>\n<li>Save the SRN and acknowledgment receipt for future reference.<\/li>\n<li>Check your email for approval or any further instructions from MCA.<\/li>\n<li>If filed late, ensure payment of the prescribed penalty to reactivate your DIN.<\/li>\n<\/ul>\n<h2>Conclusion<\/h2>\n<p>Filing your DIR-3 KYC might feel like just another task, but it plays a big role in keeping things smooth and compliant for you as a company director. It helps the government maintain updated records, ensures transparency, and keeps your Director Identification Number (DIN) active.<\/p>\n<p>If you miss the September 30 deadline, your DIN can be deactivated, which means you won\u2019t be able to sign documents or carry out official duties as a director. So, take a few minutes each year to check your details, fill out the form, and stay compliant.<\/p>\n<p><strong><em>Take the first step to <\/em><\/strong><a href=\"https:\/\/razorpay.com\/rize\/company-registration\/private-limited\/\"><strong><em>register private limited company<\/em><\/strong><\/a><strong><em> and build your business legally with Razorpay Rize.<\/em><\/strong><\/p>\n<h2>Frequently Asked Questions<\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Learn everything about Form DIR-3 KYC for directors\u2014eligibility, required documents, filing process, deadlines, fees, and penalties for non-compliance.<\/p>\n","protected":false},"author":1,"featured_media":850,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts\/849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/comments?post=849"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts\/849\/revisions"}],"predecessor-version":[{"id":1240,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/posts\/849\/revisions\/1240"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/media\/850"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/media?parent=849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/categories?post=849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/rize\/blogs\/wp-json\/wp\/v2\/tags?post=849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}