Customer Information Notices
Applicable for Demat Customers
In the event you decide to move or close your YES BANK demat account, the Annual Maintenance Charges collected upfront on annual basis, shall be refunded for the remaining quarter/s. In these cases, the year shall deemed to have begun from the date of opening of the account in quarterly rests. These guidelines shall be applicable to all existing and new accounts.
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. The refund money remains in investor's account.
"Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day. Issued in the interest of investors."
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.
Digital Wallet with free Virtual card and UPI which can be used to send/receive money, mobile/DTH recharge, pay bills and much moreRead More