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.
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 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 on the same day....issued in the interest of investors.
Prevent Unauthorized Transactions in your account --> Update your Mobile Numbers/Subscribe for sms alerts /email ids with your stock brokers. receive information of your transactions directly from exchange/depository on your mobile/email at the end of the day.......... 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.
NSE - 13034
BSE - 6166
MSEI - 17200
MCX - 56280
NSDL - IN304045
SEBI Regn No - INZ000196232
SEBI Regn No - IN-DP-NSDL-353-2012 (NSDL)
NOTE : " This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail. "