Profit Axis

Prevent unauthorised Transactions in your demat/tradingaccount --> Update your mobile number/email ID with your stock brokers/ Depository Participant. Receive information of your transactions directly from Exchanges on your mobile/email at the end of the day and alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day.......... Issued in the interest of investors. ***** No need to issue cheques by investor 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 remains in investor's account. ***** Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020.****** Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. ******** Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.***** 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.***