Wednesday, October 14, 2009

SMS Alert Facility for your Demat Account

Dear Kundapur Govardhana Kini,

We value your relationship with ICICI Securities Limited.

This is with reference to the to the updation of your contact details with ICICI Securities Limited. We request you to ensure that your latest mobile number and email id is updated with ICICI Securities Limited at all times. You can update your details by logging in to your ICICIdirect.com trading account.

Updating your mobile number with us will enable the SMS Alert facility for your demat account whereby you can receive alerts directly from NSDL for your demat account transactions. A few benefits of SMS alerts are -

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 Customer Care

You do not have to wait to receive Transaction Statements to know about such

debits and credits

In case of any discrepancies, you can immediately approach ICICI Bank Limited

 

for clarification

We also wish to bring your kind attention that as per a recent circular issued by NSDL, it is now necessary for you to subscribe for SMS Alerts on your mobile phone for all your demat account transactions. As per the circular, in case you do not have a mobile phone of your own, you may provide a mobile number of any person as per your discretion. Hence, once you update your mobile number, the same will be updated in your demat account as well. The updated mobile number would automatically get subscribed for the SMS Alerts facility within 30 days from the date of your communication. As per the NSDL circular, mobile numbers are required to be updated by October 31, 2009.

Please note that if any action is taken by regulators after the above mentioned date for failure to update mobile number in your demat account, your ICICIdirect.com trading account to which such demat accounts are linked may also be adversely affected.

Sincerely,
ICICIdirect.com
 
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