NSDL has launched SMS Alert facility on a pilot basis for demat account holders from August 10 whereby a few investors will be able to receive alerts for transfers to their demat accounts. Under this facility, investors will be able to receive alerts for the debits (transfers) that have taken place in their demat accounts, a day after the debit (transfer). The full-fledged roll out of this facility will be on September 1. No charge will be levied by NSDL on DPs for providing this facility to investors.
Source: Economic Times
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