Issued in the interest of investors.
Prevent Unauthorised Transactions in your Trading/Demat A/c ==> Update your Mobile No/Email IDs with your Broker/DP.
Receive Alerts & Information of your transactions directly from Exchange/CDSL on your Mobile/Email at the end of the day.
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.