“Prevent unauthorized transactions in your demat / trading account Update your mobile phone number / email id with your stockbroker / custodian participant. Receive information about your transactions directly from the exchanges on your mobile / End-of-day email and alerts on your registered mobile for all debits and other important transactions to your demat account directly from NSDL / CDSL the same day. ” – Issued in the interest of investors. “|” The KYC is a one-time exercise when trading in the securities markets – once the KYC is carried out through a SEBI registered intermediary (broker, DP , mutual fund, etc.), you do not need to go through the same process again when you go to another intermediary. “|” No need to issue checks by investors when subscribing to the IPO. Just write down the bank account number and sign the request form to authorize your bank to make payment if awarded. No worries about repayment because the money stays in the investor’s account. “
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