Keeping your KYC compliant.
KYC (Know Your Customer) compliance is mandatory for continued trading and demat account access. Non-compliant accounts are liable to be blocked or frozen until updated.
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All investors are requested to take note that 6 KYC attributes i.e., Name, PAN, Address, Mobile Number, Email ID and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
- 2
Non-compliant trading accounts are liable to be blocked for trading by the Exchange until KYC is updated.
- 3
Non-compliant demat accounts will be frozen for debits by the Depository Participant or Depository.
- 4
On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, blocked trading accounts shall be unblocked by the Exchange on a T+1 trading day.
- 5
The demat account shall be unfrozen once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
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To ensure smooth settlement of trades, investors are requested to ensure that both trading and demat accounts are compliant with respect to the KYC requirement.
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Investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.