KYC is a one-time exercise while dealing in the securities market. Once KYC is done through SEBI SEBI-registered intermediary ( Stock Broker/DP/MF ) you need not undergo the same process again when you approach another Intermediary.

For Depository Transactions, prevent Unauthorised Transactions in your DEMAT account. Update your mobile number with your DP, and receive alerts on your registered mobile number for all debits and other Important Transactions in your Demat account directly from CDSL/NSDL on the same day. Don’t ignore any emails/SMS received from Exchange for trades done by you. Verify the same with the Contract note / Statement of Account received from your Broker and report in discrepancies if to your Broker in writing immediately, and if the Stock Broker does not respond, please take this up with the Exchange/Depository forthwith. Check messages sent by Exchanges on a weekly basis regarding funds and securities balances reported by the Trading Member and compare it with the weekly statement of accounts sent by the Stock Broker and immediately raise a concern if you find any discrepancies with the Exchange.

Investors should be cautious on unsolicited emails and SMS advisories to buy/sell or hold securities and trade only on the basis of Informed decisions, Investors are advised to invest after appropriate advice of respective Companies and not to blindly follow unfounded rumours, tips

Beware of fixed, guaranteed/regular returns. Brokers or their Authorised persons/ Associates are not Authorised to offer any fixed/guaranteed returns, Capital protection on your Investment, or any loan agreement with you to pay Interest on funds offered by you. Please note that in case of default by a member, claims for funds and securities without any transactions will not be accepted by the Relevant Committee of the Exchange as per the approved norms.

Do not keep your funds idle with Stock stockbroker. Please note that your stockbroker has to return the credit balance lying with them within 3 working days in case you have not done any transactions within the last 30 days. Please note that in case of default by a Member, claims for funds and securities without any transactions will not be accepted by the relevant committee of the Exchange as per approved norms.

Check the frequency of accounts settlement opted for. If you have opted for a running account, please ensure that your Broker settles your account and in any case not later than 90 days ( or 30 days if you have opted for 30-day settlement). In case of the declaration of Trading Member as a defaulter, the claims of clients against such defaulter members would be subject to the norms for Eligibility of claims for compensation from IPF to the clients of the defaulter member. These norms are available on the Exchange website.