( 1 ) Prevent unauthorised transactions in your account. Update your mobile numbers/email IDs with your stock brokers.
( 2 ) Receive information of your transactions directly from Exchange on your mobile/email at the end of the day.
( 3 ) 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.
( 4 ) Attention Investor SCOREs Portal Filing complaints on SCORES - Easy & quick:- a) Register on SCORES portal, b) Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, Email ID Benefits:- a) Effective communication, b) Speedy redressal of the grievances.
( 5 ) 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.
( 6 ) No worries for refund as the money remains in investor's account.