“No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.”

About

‘If you don’t find a way to make money while you sleep, you will work until you die’ – Warren Buffet.

Established in 1995 in New Delhi, India by Sh. Sanjay Kaul and Sh. Ajai Bahadur, FE Securities Pvt. Ltd. is your one stop shop for financial guidance. We have 28 years of experience and a team that values you and your financial goals. We try and help you in the best way possible keeping your goals in mind.

Process to Verify KYC Details (Email and Mobile Number) Registered with KRA

KYC is a one-time exercise while dealing in securities markets. Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund, etc.), you do not need to undergo the same process again when approaching another intermediary.

In case of any change in KYC details, please submit a change request form along with the supporting documents.

SEBI Regulations on KYC Validation

As per the latest SEBI circular SEBI/HO/MIRSD/FATF/P/CIR/2023/0144 dated August 11, 2023, KYC Registration Agencies (KRA) are responsible for validating clients' KYC details as per their records.

Impact of Non-Compliance

Clients shall not be allowed to trade on any exchange or manage their open positions until they comply with KYC requirements.
Clients’ trading and demat accounts will remain deactivated until the KRA details are updated and validated.

How to Update and Validate KRA Details

As per SEBI guidelines, it is mandatory to verify your KYC details such as email ID and mobile number registered with the KRA (KYC Registration Agency).

Updation Process

This is required when your KYC details are incorrect in the KRA portal. You need to furnish the following documents via email at fes@fesecurities.in. We will update your KRA details.

Duly filled and signed KRA form with photo
Self-attested copy of PAN card
Self-attested copy of Aadhaar card

Once we receive the above documents, we shall update our records.

Validation Process

After processing your request, we will inform KRA to update their records. Once updated, you will receive an SMS to your registered mobile number and an email to your registered email ID for validation. Check your spam, trash, or deleted folder if you do not find the email.

Alternative Validation Process

Follow these steps to check with which KRA your KYC is registered:

Visit cvlkra.com
Click on the "KYC Inquiry" section
Enter your PAN and captcha details
Click ‘Submit’ to fetch your status
Refer to the ‘KRA’ column to find out the name of your KRA

The KRA can be one of the following:

CVL KRA
KARVY KRA
NDML KRA
DOTEX KRA
CAMS KRA

Once you identify your KRA, visit their respective website and follow the instructions to verify your email ID and mobile number.

Types of KYC Status

On Hold
Registered
Validated

If Your Email/Mobile Number is Incorrect

Update your email ID and mobile number. Once updated, follow the below procedure:

When KRA updates your details, you will receive an email and SMS for validation. Your task is complete once you validate your email ID and mobile number.

After validation, the process takes 5-7 working days to update your records and activate your trading account (if deactivated).

Links to Validate Your Mobile and Email with KRA Agencies

Dos and Don’ts for Investor

Sr.No.	Guidance
1	Always deal with a SEBI registered Depository Participant for opening a demat account.
2	Read all the documents carefully before signing them.
3	Before granting Power of attorney to operate your demat account to an intermediary like Stock Broker, Portfolio Management Services (PMS) etc., carefully examine the scope and implications of powers being granted.
4	Always make payments to registered intermediary using banking channels. No payment should be made in name of employee of intermediary.
5	Accept the Delivery Instruction Slip (DIS) book from your DP only (pre- printed with a serial number along with your Client ID) and keep it in safe custody and do not sign or issue blank or partially filled DIS slips. Always mention the details like ISIN, number of securities accurately. In case of any queries, please contact your DP or broker and it should be signed by all demat account holders. Strike out any blank space on the slip and Cancellations or corrections on the DIS should be initialed or signed by all the account holder(s). Do not leave your instruction slip book with anyone else. Do not sign blank DIS as it is equivalent to a bearer cheque.
6	Inform any change in your Personal Information (for example address or Bank Account details, email ID, Mobile number) linked to your demat account in the prescribed format and obtain confirmation of updation in system
7	Mention your Mobile Number and email ID in account opening form to receive SMS alerts and regular updates directly from depository.
8	Always ensure that the mobile number and email ID linked to your demat account are the same as provided at the time of account opening/updation.
9	Do not share password of your online trading and demat account with anyone.
10	Do not share One Time Password (OTP) received from banks, brokers, etc. These are meant to be used by you only.
11	Do not share login credentials of e-facilities provided by the depositories such as e-DIS/demat gateway, SPEED-e/easiest etc. with anyone else.
12	Demat is mandatory for any transfer of securities of Listed public limited companies with few exceptions.
13	If you have any grievance in respect of your demat account, please write to designated email IDs of depositories or you may lodge the same with SEBI online at https://scores.gov.in/scores/Welcome.html
14	Keep a record of documents signed, DIS issued and account statements received.
15	As Investors you are required to verify the transaction statement carefully for all debits and credits in your account. In case of any unauthorized debit or credit, inform the DP or your respective Depository.
16	Appoint a nominee to facilitate your heirs in obtaining the securities in your demat account, on completion of the necessary procedures.
17	Register for Depository's internet based facility or download mobile app of the depository to monitor your holdings.
18	Ensure that, both, your holding and transaction statements are received periodically as instructed to your DP. You are entitled to receive a transaction statement every month if you have any transactions.
19	Do not follow herd mentality for investments. Seek expert and professional advice for your investments
20	Beware of assured/fixed returns.

About

Process to Verify KYC Details (Email and Mobile Number) Registered with KRA

SEBI Regulations on KYC Validation

Impact of Non-Compliance

How to Update and Validate KRA Details

Updation Process

Validation Process

Alternative Validation Process

Types of KYC Status

If Your Email/Mobile Number is Incorrect

Links to Validate Your Mobile and Email with KRA Agencies

Responsibilities of Investors

Dos and Don’ts for Investor

Dos and Don’ts for Investor

Complaint Resolution process at Depositories

Miscellaneous services

E-account opening

Transposition cum dematerialization

Online instructions for execution

e-DIS / Demat Gateway

e-CAS facility

Linkages with Clearing System

Basic Services Demat Account (BSDA)