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 NSDL on the same 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.
Simplified Account Opening Kit is available at HO, DEMAT Section of the Bank.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authourise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.