SEBI requires exchanges — NSE, BSE, MCX — to send you an SMS and email directly, independent of Rupeezy, confirming the funds and securities balance Rupeezy reported on your behalf. It's a weekly check that protects you against a broker misreporting or misusing client money.
Why does this come directly from the exchange, not from Rupeezy?
Because the whole point is independent verification. If Rupeezy sent this message itself, it wouldn't be a meaningful check on Rupeezy — so SEBI requires the exchange to confirm the reported balance straight to you, bypassing the broker entirely.
Why is it sent every week?
A weekly cadence means a discrepancy between what Rupeezy reported and what you actually hold gets surfaced quickly, rather than sitting unnoticed for longer. See Why was an email and SMS sent by the clearing corporation informing about the allocation of funds? for exactly what the message says — Fund bal, Securities bal, and what those figures do and don't include.
Is this the same as Rupeezy's own weekly statement email?
No — they're two separate communications about similar information, from two different senders:
- This one comes from the exchange, confirming what Rupeezy reported.
- Rupeezy's own weekly statement is a separate, periodic email Rupeezy sends you directly, under SEBI's running account settlement rules.
Do I need to do anything?
No. Both are informational. If the figures in either one don't match what you see in your Rupeezy account, that's worth raising with support.