Received a mail from ICICI bank regarding registration for Mobile SMS Alert facility for Demat Account.
We need to inform you that 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 your Demat account XXXXXXXXXXXXX is being operated by a POA, please update your mobile number and subscribe for the SMS Alert Facility. As per NSDL’s guidance, in case you do not have a mobile phone, you may provide the mobile number of any person as per your discretion.
Benefits of Mobile SMS Alerts Facility:Â
- 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
- 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 us for clarification
If you have already mentioned a mobile number in your account details, then it would automatically get subscribed for the Mobile Alerts Facility after 30 days from the date of this communication.
 If you have not provided the mobile number, or wish to update your mobile number, then 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.
Looking forward to your co-operation in helping us serve you better.
Sincerely,
Neelakantan Pillai
Head – Depository Services