Prevent Unauthorised transactions in your account. Update your mobile numbers/email
IDs with your stock brokers. Receive information of your transactions directly from
Exchange on your mobile/email at the end of the day. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020....
Issued in the interest of investors. For Investor Charter Click Here
"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
CDSL/NSDL on the same day...Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.........issued in the interest of investors."
KYC is 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