"Prevent unauthorised transactions in your demat/Trading account --> Update your mobile
numbers/email IDs with your stock brokers/Depository Participant. Receive information of your
transactions directly from Exchange/CDSL on your mobile/email at the end of the day. Issued in the
interest of investors" "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.""