Regulatory notice for your financial safety
Stock broking account holders
Prevent unauthorised transactions in your account -> Update your mobile numbers/ e-mail IDs with your stock broker. Receive information of your transactions directly from the exchange on your mobile/ e-mail at the end of the day – issued in the interest of investors.
Depository Participant (DP) account holders
Prevent unauthorized transactions in your demat account -> Update your mobile number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day – issued in the interest of investors.
Know your client (KYC) registration
KYC is a one-time exercise while dealing in securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, mutual fund, etc.), you need not undergo the same process again when you approach another intermediary.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.