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.
Prevent Unauthorized Transactions in your Demat & Trading account — Update your Mobile Number/Email Ids with your Stock Brokers & Depository Participant. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day and also alerts for all debit and other important transactions in your demat account directly from CDSL on the same day issued in the interest of investors.
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.
The share of the listed stock exchange shall only be dealt by fit and proper persons as per regulation 19 and 20 of SECC Regulations.
