Profit is the Answer

• Prevent unauthorized transactions in your account: Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from the Exchange on your mobile/email at the end of the day (Issued in the interest of Investors).
• KYC is a one-time exercise while dealing in the 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.
• No need to issue cheques by investors while subscribing to the IPO. Just write the bank account number and sign in the application form to authorize your bank to make the payment in case of an allotment. There is no need to worry about the refund as the money remains in the investor's account.
• Check your Securities/MF/Bonds in the Consolidated Account Statement issued by NSDL/CDSL every month.
• Existing Demat Account holders can update / modify email ID and / or income range in their Demat accounts via the (https://eservices.nsdl.com/kyc-attributes/#/login)
• 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 in your email id and/or mobile number to create pledge.

• Beware of fixed/guaranteed/regular returns/ capital protection schemes. Brokers or their authorized persons or any of their associates are not authorized to offer fixed/guaranteed/regular returns/ capital protection on your investment or authorized to enter into any loan agreement with you to pay interest on the funds offered by you. Please note that in case of default of a member claim for funds or securities given to the broker under any arrangement/ agreement of indicative return will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
• Check the frequency of accounts settlement opted for. If you have opted for running account, please ensure that your broker settles your account and, in any case, not later than once in 90 days (or 30 days if you have opted for 30 days settlement). In case of declaration of trading member as defaulter, the claims of clients against such defaulter member would be subject to norms for eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on Exchange website at following link: https://www.nseindia.com/invest/about-defaulter-
  section
• Brokers are not permitted to accept transfer of securities as margin. Securities offered as margin/ collateral MUST remain in the account of the client and can be pledged to the broker only by way of 'margin pledge', created in the Depository system. Clients are not permitted to place any securities with the broker or associate of the broker or authorized person of the broker for any reason. Broker can take securities belonging to clients only for settlement of securities sold by the client.
• Always keep your contact details viz. Mobile number/Email ID updated with the stock broker. Email and mobile number is mandatory and you must provide the same to your broker for updation in Exchange records. You must immediately take up the matter with Stock Broker/Exchange if you are not receiving the messages from Exchange/Depositories regularly.
• Don't ignore any emails/SMSs received from the Exchange for trades done by you. Verify the same with the Contract notes/Statement of accounts received from your broker and report discrepancy, if any, to your broker in writing immediately and if the Stock Broker does not respond, please take this up with the Exchange/Depositories
  forthwith.
• Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the trading member, compare it with the weekly statement of account sent by broker and immediately raise a concern to the
  exchange if you notice a discrepancy.
• Please do not transfer funds, for the purposes of trading to anyone, including and authorized person or an associate of the broker, other than a "SEBI registered Stock broker."

1. Steps to check your KYC

a. Visit any of the following websites:
i. NDML KRA – https://kra.ndml.in/kra-web/jsps/pos/KYCClientInquiry_NEW.jsp
ii. CVL KRA – https://www.cvlkra.com/
iii. CAMS KRA – https://camskra.com/
iv. KARVY KRA – https://www.karvykra.com/UPanSearchGlobalWithPanExempt.aspx
b. Click on "KYC Inquiry"
c. Enter your 10 Digit PAN
d. Your KYC Status will be displayed as "Validated / Registered / On-Hold / Rejected"
2. What does each KYC Status Imply?
a. KYC Validated
i. Everything is done. No additional action required from your end.
b. KYC Registered
i. You can continue transacting with intermediaries with whom you are already registered.
ii. In-case you want to transact with a new intermediary then you will have to do KYC again.
iii. You can get your KYC status changed to "KYC Validated" by modifying your KYC using
PAN and Aadhaar.
iv. iv. In case you have already used Aadhaar to perform KYC then you can validate your
KYC using the following links:
1. NDML KRA – https://kra.ndml.in/ClientInitiatedKYC-webApp/#/ClientinitiatedKYC
2. CVL KRA – https://validate.cvlindia.com/CVLKRAVerification_V1/
3. CAMS KRA – https://www.camskra.com/PanDetailsUpdate.aspx
4. KARVY KRA – https://www.karvykra.com/KYC_Validation/Default.aspx
c. KYC On-Hold / Rejected
i. This implies that there is some discrepancy in the KYC documents or your PAN is not
linked with your Aadhaar.
ii. ii. You have to modify your KYC using PAN and Aadhaar for executing any transactions
with existing or new intermediaries.
3. Links for modifying your KYC online
a. https://www.camsonline.com/Investors/Transactions/KYC/Modifications_in_KYC
b. https://www.amfiindia.com/kyc