The National Securities Depository Limited (NSDL) on September 20, 2024, issued the notification regarding the Suspension of demat accounts of existing clients whose KYC records are not found to be valid by KRAs after the validation process.
The following has been stated namely: -
• The DP wise demat accounts have been identified and the list is made available by NSDL on i-Assist portal on the path “Non-Complied KYC KRA Accounts” with the files name as “DPID_Non-Complied_Non-Complied_KYC_KRA_Accounts_04092024” for review and taking up with concerned clients.
• The aforesaid demat accounts will be suspended by NSDL for debit and credit on September 28, 2024 (Saturday) considering the updated data to be made available by KRAs as on September 27, 2024
[Notification No. NSDL/POLICY/2024/0135]
