How to open HDFC demat Account?

If you want to open a Demat account, you can do so with HDFC Securities. The HDFC Demat Account is also called the All-in-One Investment Account. Because HDFC also gives you the option to link your savings account with your Demat & Trading account.

When you trade in the stock market from your trading account, all details appear in your Demat account. However, if your savings account is linked to these, you can borrow money from it to finance trading. You do not need to deposit money into the Demat account separately, but you can link it to your savings account.

You need a trading account to sell or buy securities (shares, government bonds, exchange-traded funds, or STFs). Whatever you trade, the details reflect in your Demat account in digital format. Existing HDFC Bank customers can easily link their savings accounts to their demat and trading accounts.

To know more, check our article on ‘What is Demat Account?‘

Features of HDFC Demat Account

• There is no charge for opening a demat account.
• No paperwork is required.
• Simple Brokerage Plan
• There is no demat account maintenance charge for the first year.
• You can apply for IPOs in just three clicks.
• It is advised to invest by doing research by HDFC Securities.
• Account maintenance charges are waived for Premier Banking customers.
• Along with Equity, you can invest in derivatives, Exchange Traded Funds & Mutual Funds.
• 24×7 support is available.
• Quick payout facility.
• Facility to open online and offline accounts.

Documents and eligibility to open HDFC Demat Account

• To open a demat and trading account, it is necessary to have a savings account or a salary account with HDFC Bank.
• Photocopy of PAN Card and Aadhar Card.

How to open HDFC Demat Account?

Open HDFC Demat Account – Online

No documents are required for online application for demat and trading accounts. But when you apply for an HDFC Demat account online, make sure that your Aadhaar is linked with your mobile number because it is necessary to have a mobile number linked with your Adhaar. Online KYC will require your Aadhaar card and e-sign.

Open HDFC Demat Account Online – Step by Step

• Go to the HDFC Bank website and click on the given link – Click here
• Log in by entering the savings account’s Customer ID, mobile number and captcha code.
• All the details will be filled in automatically from your savings account.
• Read all the information carefully to verify and confirm.
• Accept the Terms and Conditions and enter the OTP received.
• Your demat account is created, and you will be redirected to the trading account application.
• Now complete and submit the trading account application.
• Your trading and demat account will be activated in 2 to 24 hours.

How to open HDFC Demat Account – offline

It would be best if you visited the branch to open an offline demat account. The HDFC Securities branch may differ from the branch where you have your savings account. But in many cities, it happens simultaneously, so first, take information about it and go to the HDFC Securities branch.

You can also ask your account manager about this.

• A 2-in-1 Demat and Trading Account form will be required, which you have to fill out.
• Photocopy of PAN card, and it has to be self-attested.
• Proofs like Aadhaar Card, Driving License, Voter Card, or NREGA Job Card, etc., will have to be provided for KYC and permanent residence.
• If you are NRI, you must give your passport/PIO/OCI.
• Foreign address proof
• Copy of Mariner’s Declaration or Continuous Discharge Certificate (CDC) (if you are in Merchant Navy and NRI)
• Passport size photo
• DDPI for the online trading facility (Not required if not trading online.)

HDFC Demat Account fees

• For Infiniti/Imperia account holders, there is no charge for AMC (Annual Management Cost) for the first year. Special pricing of Managed Program or under Pledge Txn charges a minimum of Rs.30 or 0.03% of transaction subject to a maximum of Rs.4,999/-. Standard Charges Debit/Pledge Txn will also remain the same. For more details, see PDF – Click Here.
• No AMC charges for the Preferred Account holder for the first year if he does at least one transaction. If there is no transaction, then Rs 300 will be charged. Special pricing of Managed Program or under Pledge Txn charges a minimum of Rs.30 or 0.03% of transaction subject to a maximum of Rs.4,999/-. Standard Charges Debit/Pledge Txn will also remain the same. For more details, see PDF – Click Here.
• For the Classic account holder, an AMC of Rs 250 is charged for at least one transaction and an AMC of Rs 500 for no transaction. Under Standard Charges, Debit/Pledge Txn charges a minimum of Rs 30 or 0.04% of the transaction subject to a maximum of Rs 4,999/-. View PDF – Click Here
• The AMC for Prime account holders is Rs 700, and under Standard Charges, Debit/Pledge Txn charges a minimum of Rs 30 or 0.04% of the transaction subject to a maximum of Rs 4,999/-. View PDF – Click Here
• Rs 750 annually for Standard account holders, and under Standard Charges Debit/Pledge Txn charges a minimum of Rs 30 or 0.04% of the transaction subject to a maximum of Rs 4,999/-. View PDF – Click Here

Why is HDFC Demat Account Beneficial?

There are many benefits of an HDFC Demat account. The three types of accounts are interlinked, so trading is easy, and you can finance your Demat account from a savings account.

Some of the activities that we can do with our HDFC Demat account are:

• DIYSIP, e-Margin, Encash, and Equity options provide you with financial flexibility.
• Buy gold in dematerialized form and trade it like a stock. Get the option of monthly DIYSIP in Gold ETF.
• With StockSIP, you can buy stocks in pre-selected quantities. One can invest at regular intervals by using a systematic investment plan.
• Can apply in IPO and can track and analyze upcoming IPOs.
• Invest in high-rated bonds and highly liquid NCDs.
• Invest in mutual funds like stocks from your trading account.

How to open a DigiDemat account?

DigiDemat account is currently offered to select customers only. If you are a single-holder customer of HDFC, you can check your account’s eligibility.

If you are eligible, then you can follow the process mentioned above.

HDFC Corporate Demat Account

Instead of your demat account, you can also open a corporate demat account for the company. For this, you will need documents related to your company.

Features of Corporate demat account

• Minimal paperwork for trading, transfer and ownership of securities.
• Protection against loss or damage of physical certificate.
• Speed ​​in Transactions
• Immediate credit of bonus or rights to the investor’s account
• Resolving issues with physical securities
• Low cost of transacting in demat account

Types of Corporate demat account

• Partnership firm
• Private Limited / Limited Company
• Client Margin Trading Securities account
• Stock Broker Collateral account
• DR-Corporate Body
• Mutual Fund
• Clearing Member (Proprietorship/Partnership) BSE/NSE
• Bank / Co-operative Bank
• Venture Capital Fund
• Client Unpaid Securities account (CUSA)
• Trust – Registered/Unregistered
• Limited Liability Partnership (LLP)
• Foreign LP
• Foreign Body Promoter
• Foreign Portfolio Investor (FPI)
• Unclaimed Share Suspense account
• Alternate Investment Fund (AIF)
• Association of Person
• Corporate- Domestic Promoter
• Escrow Demat Accounts
• Registered Society/Co-operative Society
• Government Body
• Hindu Undivided Family (HUF)
• Foreign Body Corporate
• Foreign Bank
• Foreign Venture Capital Investor

Benefits of Corporate Demat Account

• Holding is easy.
• There is no fear of losing physical documents.
• Faster transfer of securities in digital and manual mode
• All transaction information is available on net banking.
• Protection of your securities
• Saving time

Check HDFC Corporate Demat Account Charges PDF.

How to open HDFC Corporate Demat Account?

You must go to the branch with your company-related and personal documents. You can open this account, thereby giving an application for Corporate Demat Account. For this, you can also take the help of your banker.