HDFC Demat Account

With an HDFC Demat account, you can track and manage all your investments, such as your mutual funds, equities, Exchange Traded Funds (ETF-both index and gold), Initial Public Offer (IPO), Non-Convertible Debentures (NCD), and bonds, all in one place and completely online. You can combine your HDFC Bank savings account with your trading account for a seamless experience. There are no charges for opening your Demat account.

The features and benefits of the HDFC Demat account are as follows:

  1. No charges for opening the account
  2. Waiver of Account Maintenance Charge (AMC) of first year
  3. No stamp duty when transferring securities in Demat form
  4. Access all statements and investments on the net banking portal through the Demat tab
  5. Public issues, bonuses, and rights will automatically be credited to your Demat account

How to open HDFC Demat account?

To open an HDFC Demat account, follow the steps as given below:

  • Visit the official website of HDFC Bank
  • Click on the ''Invest'' tab
  • Navigate to ''Demat''
  • Click on ''DigiDemat and Trading Account''
  • Click on ''Apply Online''
  • Enter your existing HDFC Bank net-banking customer ID to check for eligibility
  • Type the captcha code and click on ''Check''
  • If eligible to open, enter your details in the ''Let's Get Started'' page
  • Click on ''Continue''
  • Accept the terms and conditions
  • Complete the OTP verification
  • Your HDFC Demat account is now ready

You can also open a Demat account with HDFC Bank by visiting the nearest branch or through the net banking portal.

HDFC Demat Account Charges

Given below are the various charges for the HDFC Demat account:

Nature of Charges

Regular Account

Basic Services Demat Account

Account Opening Charge

Nil

Nil

Annual Maintenance Charge

Rs.750

Debt Securities:Rs.0 to Rs.100000: NilRs.100001 to Rs.2 lakh: Rs.100 p.a.Above Rs.2 lakh: Rs.750 p.a.Non-debt Securities:Rs.0 to Rs.50000: NilRs.50001 to Rs.2 lakh: Rs.100 p.a.Above Rs.2 lakh: Rs.750 p.a.

Demat Charges

Rs.5 per certificate or Rs.35 per request, whichever is higher

Rs.5 per certificate or Rs.35 per request, whichever is higher

Remat Charges

Rs.30 per request + NSDL / CDSL actuals, Currentlya) Rs.10 for every hundred securities (or part thereof)b) flat fee of Rs. 10 per certificate, whichever is higher

Rs.30 per request + NSDL / CDSL actuals, Currentlya) Rs.10 for every hundred securities (or part thereof)b) flat fee of Rs. 10 per certificate, whichever is higher

Credit Transactions

Nil

Nil

Debit Transactions

0.40% of transaction value

0.60% of transaction value

HDFC Demat Account Eligibility

The following entities are eligible to open an HDFC Demat account:

  1. Resident Individual
  2. Hindu Undivided Family (HUF)
  3. Domestic Corporate
  4. Non-Resident Indian (NRI)

Documents Required to Open HDFC Demat Account

The following are required to open an HDFC Demat account:

  1. Duly filled account opening application form
  2. KYC form
  3. Bank account details
  4. Cancelled cheque
  5. Passport-sized photographs

Copies of the following should also be submitted:

  1. Residence Proof
  2. Identity Proof
  3. PAN Card

HDFC Demat Account Customer Care Number

Phone Number:

  1. For any enquiries or support regarding your HDFC Demat account, you can prefix the STD code for the location to the number 61606161 for the following cities:
  2. Ahmedabad, Bangalore, Chennai, Delhi & NCR, Hyderabad, Kolkata, Mumbai, and Pune
  3. Prefix the STD code for the location to the number 6160616 for the following cities:
  4. Chandigarh, Cochin, Indore, Jaipur, and Lucknow

Timings:

Demat customer care services will be available between 8:30 a.m. to 5:30 p.m. from Monday through Saturday. It will not be operational on the second and fourth Saturdays as well as on Sundays and bank holidays.

HDFC Securities Mobile Trading App Benefits

You can access your HDFC Demat account through the HDFC Securities Mobile Trading app. The features of this app are:

  1. Get live stock market data
  2. Track all your investments in one place
  3. Receive the best currency, derivative, and market equity calls
  4. Apply for the IPO directly from the app
  5. Place trades instantly

FAQs

  • How to close HDFC Demat account?

    You can close your HDFC Demat account by sending an email to dematclosures@hdfcbank.com or by visiting the bank or by filling up and submitting the Demat account closure form which is available on the bank's website.

  • How to check HDFC Demat account status?

    You can check your HDFC Demat account status by logging into your HDFC Bank net banking portal and clicking on the Demat tab.

  • How to access HDFC Demat account?

    You can access your HDFC Demat account status by logging into your HDFC Bank net banking portal and clicking on the Demat tab.

  • How to link HDFC savings account with Demat account?

    Your trading account is automatically linked to your bank account when you open the Demat account.

  • How long does it take to close a Demat account?

    Your Demat account will be closed between 7 to 10 days after submitting an application to close the Demat account.

  • Can I open two Demat accounts with HDFC Bank?

    You can open only one Demat account with a bank.

  • Can I open an HDFC Demat account if I don't have a savings account with the bank?

    Yes, you can open an HDFC Demat account even if you are not already a customer of the bank. All you have to do is visit your nearest branch with the necessary documents to open a savings account and the Demat account.

  • Does HDFC Demat account have a minimum amount of shares that are required?

    There is no minimum number of shares that are required in your HDFC Demat account.

  • What information can I access on the HDFC Demat account on the bank's net banking portal?

    You can access the following information on your HDFC Demat account tab on the net banking portal: transaction statements for the current year and the past 4 financial years, hypothecation forms, request for issuance of Delivery Instruction Booklet and Pledge, ISIN details with the market rate, view their settlement calendar, view the status of Demat requests, and view holding statements, among other information as well.

Disclaimer
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.