Registration for Mobile SMS Alert facility for Demat Accounts

Posted In India - By NitiN Kumar Jain On Saturday, August 29th, 2009 With 4 Comments






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Registration of Mobile SMS facility for demat accounts in India has been made mandatory by NSDL.

All Demat account customers have a facility for receiving SMS Alerts on mobile phones. NSDL vide its Circular No. NSDL/POLICY/2009/0039 has made it mandatory for the existing/new accounts, which are operated through Power of Attorney (POA) to register for the SMS Alert Facility.

As per NSDL’s guidance, in case we do not have a mobile phone, we may provide the mobile number of any person as per your discretion.

Benefits of Mobile SMS Alerts Facility:

  • It is free of cost
  • It provides updates through SMS on debits and credits for IPOs and Offer for Sale Allotments, Sub-division, Bonus and failed debit instructions due to insufficient balance, without having to get in touch with our call centre
  • We do not have to wait to receive Transaction Statements to know about such debits and credits
  • In case of any discrepancies, we can immediately approach the bank for clarification

If we have already mentioned a mobile number in our account details, then it would automatically get subscribed for the Mobile Alerts Facility after 30 days from the date of this communication.

icici-demat-logo

For ICICI Bank Demat Services, kindly fill up the Registration Form and submit it to the ICICI Bank branch offering Demat services.

To download the Registration Form, please click here.

To know your nearest ICICI Bank branch offering Demat Services, please click here.

-NKJ