CDSL e-Register For SMART : Central Depository Service

Organization : Central Depository Services Ltd
Facility : e-Register For SMART (SMS Alerts Related to Transactions)

Home Page :https://www.cdslindia.com/
Register here :https://web.cdslindia.com/easieasiest/

What is CDSL SMART?

SMART (SMS Alerts Related to Transactions) is CDSL’s SMS alert facility in which registered investors will receive alerts for all types of debits and for credits due to IPO allotments and corporate actions. Thus, SMART acts as an effective risk control mechanism for monitoring you demat account.

Related : Central Depository Services CDSL Open Demat Account :
www.statusin.in/4022.html

How To avail of this facility for my account ?
You will have to approach your Depository Participant (DP) and submit the SMART registration form duly completed.

Is this facility available for all types of demat accounts?
The SMART alert service is presently not available for Clearing Member settlement, Beneficiary and Margin accounts.

Registration procedure :
** An account holder will have to submit the SMART registration form duly completed to their DP. The form can be obtained from your DP or downloaded from CDSL’s website.
** After verifying the signatures and details mentioned in the form, the DP enters the details in the CDSL system for initiation of this service.
** CDSL will generate an acknowledgment letter, which the DP will certify and hand over or mail to the BO.
** CDSL will then send a message to the cell phone number registered for this facility.

Can I de-register for the SMART facility if required :
In order to de-register for the SMART facility you may contact your DP and submit the Modification-cum-Cancellation request form.

Do’s :
** Register for CDSL’s internet based facility ‘easi’ to monitor your demat account yourself. Contact your DP for details.
** Register for CDSL’s SMS Alert facility – SMART and obtain alerts for any debits or credits due to a corporate action,in your demat account.

** Accept the DIS book from your DP only if each slip has been pre-printed with a serial number along with your demat account number and keep it in safe custody.
** Always mention the details like ISIN, number of securities accurately. In case of any queries, please contact your DP or broker.

** Ensure that all demat account holder(s) sign on the DIS.
** Please strike out the any blank space on the slip.
** Cancellations or corrections on the DIS should be initialed or signed by all the account holder(s).

** Submit the DIS ahead of the delivery date for all type of market transactions. DIS can be issued with a future execution date.
** Intimate any change of address or change in bank account details to your DP immediately.

** Check the investor service record of the issuer company with your DP before deciding to send certificates for demat. The list of companies whose demat request are pending is published at www.cdslindia.com.

** Before sending securities for demat, record the distinctive numbers of the securities sent.
** Before granting Power of Attorney(PoA) to anyone, to operate your demat account, carefully examine the scope & implications of powers being granted.

** PoA is not mandatory for opening a demat account.
** The demat account has a nomination facility and it is advisable to appoint a nominee, in case of sole account holders.

** 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 and once a quarter if there have been no transactions in your account.

** Check your demat account statement on receipt. In case you notice any unauthorized debits or credits, contact your DP for clarification. If not resolved, you may contact CDSL’s Investor Relations Officer, Ms. Tara Ajit, Central Depository Services (India) Ltd., 17th Floor, P.J.Towers, Dalal Street, Mumbai – 400 001,Tel. 2272 8629 , email-complaints [AT] cdslindia.com

Don’ts :
** Do not leave your instruction slip book with anyone else.
** Do not sign blank DIS as it is equivalent to a bearer cheque.
** Avoid over-writing, cancellations, misspellings, changing of the name and quantity of securities.

We request you to meticulously follow the above instructions, to avoid any problem in operation of your demat account.

About Us :
A Depository facilitates holding of securities in the electronic form and enables securities transactions to be processed by book entry. The Depository Participant (DP), who as an agent of the depository, offers depository services to investors. According to SEBI guidelines, financial institutions, banks, custodians, stockbrokers, etc. are eligible to act as DPs. The investor who is known as beneficial owner (BO) has to open a demat account through any DP for dematerialisation of his holdings and transferring securities.

FAQ On CDSL SMART

Sure, here are some FAQ on CDSL SMART:

What is CDSL SMART?
CDSL SMART stands for SMS Alerts Related to Transactions. It is a facility offered by the Central Depository Services (India) Limited (CDSL) that allows investors to receive SMS alerts for all types of debits and credits in their demat account.

What are the benefits of CDSL SMART?
The benefits of CDSL SMART include:

Real-time alerts: Investors receive SMS alerts as soon as there is a debit or credit in their demat account. This allows them to stay up-to-date on their account activity and take action if necessary.

Peace of mind: Investors can rest assured that they will be notified of any changes to their demat account. This can help to prevent fraud and unauthorized transactions.

Convenience: Investors do not have to log in to their demat account to check for activity. They can simply receive SMS alerts on their mobile phone.

How do I register for CDSL SMART?
You can register for CDSL SMART by contacting your depository participant (DP). Your DP will provide you with a registration form that you will need to complete.

What are the charges for CDSL SMART?
The charges for CDSL SMART vary depending on the DP. However, the charges are usually very nominal.