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 authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
2. "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." Delivery instruction slips: “Delivery Instruction”
3. Attention Investors: "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 & NSDL on the same day."
4. Attention Investors: Prevent Unauthorised transactions in your account. Stock Brokers can accept securities as margins only by way of pledge w.e.f September 01, 2020. Update your mobile/email to receive OTP directly from Depository. Check your holdings in NSDL/CDSL statements monthly.
1. No need to issue cheques by investors while subscribing to IPO...