BSE reminds all investors to update their KYC by December 31 2021

All the Investors have been requested to update their KYC in Demat and Trading by 31 December 2021.

6-kyc features, such as Name, PAN, Address, Phone Number, E-mail address, and Income Range, are required by regulatory rules.

Non-compliant Demat and Trading accounts may be made inactive, which means no debit transactions in the Demat account and no trading in the trading account until KYC is completed.

BSE reminds all investors to update their KYC by December 31 2021

According to bourses and depositories, this step is being taken as per guidelines issued by Securities and Exchange Board of India (SEBI) to protect investors’ interest by sending alerts of various transactions in their accounts.

“The deadline for updating KYC is December 31, 2021. Following that, non-compliant demat and trading accounts will be rendered inactive, which means that no debit transactions in demat accounts and no trading in trading accounts will be permitted until KYC is completed “According to the bourses and depositories.