“Prevent unauthorized transactions in your demat/trading account Update your mobile number/email id with your stockbroker/custodian participant. Receive information about your trades directly from Exchanges on your mobile/email at the end of the day and alerts on your registered mobile for all debits and other important transactions on your demat account directly from NSDL/CDSL on the same day. – Issued in the interests of investors.” | “KYC is a unique exercise when trading in the securities markets – once KYC is done through a SEBI registered intermediary (broker, DP, fund mutual fund, etc.), you no longer need to go through the same process when approaching another intermediary.” | “No need to issue checks by investors when subscribing to the IPO. Simply write down the bank account number and sign the application form to authorize your bank to make payment if awarded. No hassle for reimbursement as the money stays in the investor’s account.”
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