![]() Investors availing custodian services will be additionally required to update the custodian details. ![]() No worries for refund as the money remains in investor's account.Īll investors are requested to take note that 6 KYC attributes i.e., Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No need to issue cheques by investors while subscribing to IPO. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day. Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. 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. Investments/portfolio management, indicative/ guaranteed/fixed Caution: Clients/investors are cautioned toĪbstain from dealing in any schemes of unauthorised collective.Unregistered intermediaries (who are not registered with Other than a SEBI registered Stock broker.” Including an authorized person or an associate of the broker, Not transfer funds, for the purposes of trading to anyone, Weekly statement of account sent by broker and immediately raise aĬoncern to the exchange if you notice a discrepancy. The Stock Broker does not respond, please take this up with theĮxchanges on a weekly basis regarding funds and securitiesīalances reported by the trading member, compare it with the Notes/Statement of accounts received from your broker and reportĭiscrepancy, if any, to your broker in writing immediately and if Don't ignore any emails/SMSs received from theĮxchange for trades done by you.Immediately take up the matter with Stock Broker/Exchange if youĪre not receiving the messages from Exchange/Depositories The same to your broker for updation in Exchange records. Email and mobile number are mandatory and you must provide Mobile number/Email ID updated with the stockīroker. Settlement of securities sold by the client. Broker can take securities belonging to clients only for ClientsĪre not permitted to place any securities with the broker orĪssociate of the broker or authorized person of the broker for any Way of ‘margin pledge’, created in the Depository system. The account of the client and can be pledged to the broker only by Securities offered as margin/ collateral MUST remain in These norms are available on Exchangeīrokers are not permitted to accept transfer of securities as In case ofĭeclaration of trading member as defaulter, the claims of clientsĪgainst such defaulter member would be subject to norms forĮligibility of claims for compensation from IPF to the clients of Your account and, in any case, not later than once in 90 days (orģ0 days if you have opted for 30 days settlement). Opted for running account, please ensure that your broker settles Ĭheck the frequency of accounts settlement opted for.Relevant Committee of the Exchange as per the approved norms. ![]() Of default of a Member, claim for funds and securities, withoutĪny transaction on the exchange will not be accepted by the Transaction within last 30 calendar days. Them, within three working days in case you have not done any That your stock broker has to return the credit balance lying with Do not keep funds idle with the Stock Broker.Member claim for funds or securities given to the broker under anyĪrrangement/ agreement of indicative return will not be acceptedīy the relevant Committee of the Exchange as per the approved Returns/ capital protection on your investment or authorized toĮnter into any loan agreement with you to pay interest on theįunds offered by you. Brokers or their authorized persons or any of theirĪssociates are not authorized to offer fixed/guaranteed/regular “Beware of fixed/guaranteed/regular returns/ capital protection.
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