1. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remain in investor’s account.
2. Prevent Unauthorized transactions in your account —> Update your mobile numbers/email IDs with your stock brokers.
3. 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
4.AS PER SEBI DIRECTIVE (CIRCULAR NUMBERS: SEBI/HO/MIRSD/DOP/CIR/P/2020/28 & SEBI/HO/MIRSD/DOP/CIR/P/2020/143), EFFECTIVE FROM 1ST AUGUST 2020, FOR CREATION OF PLEDGE/UNPLEDGE, CLIENTS HAVE TO NECESSARILY AUTHENTICATE THE OTP RECEIVED ON THEIR MOBILE PHONES AND LINK RECEIVED ON THEIR EMAIL IDS. HENCE, ALL CLIENTS ARE REQUESTED TO KINDLY ENSURE THAT THE MOBILE NUMBER AND EMAIL ID REGISTERED WITH US ARE ACTIVE AND WORKING.