What is IRA compliance? What are the advantages & benefits of IRA compliance?

What is IRA compliance? What are the advantages & benefits of IRA compliance?
IRA complied subscribers are those who have submitted (S1 Form)and whose address, photograph and signature (i.e. complete KYC details) are maintained in CRA system.
Advantages & Benefits of IRA Compliance to Subscribers:
1. PRAN cards are issued to all IRA compliant subscribers.
2. Subscriber can check their account balance online using I-PIN.
3. Subscriber can lodge a complaint against any entity using I-PIN.
4. Subscriber can access CRA toll free helpline using T-PIN.
5. No proof of identity and address is required during activation of Tier II account.
6. Value Added Services like online email alerts, SMS alerts etc.

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