Enjoy a seamless journey into stock market investments with Demat Accounts from HDFC Bank. A Demat Account allows you to hold securities in an electronic format, securities you have traded using your Trading Account. With HDFC Bank, you can enjoy free Demat Account opening, and you can track your investments on-the-go with NetBanking.
You can link your HDFC Bank Savings Account to the Demat Account and Trading Account for easy transfer of funds. Use funds from your Savings Account to purchase various securities, carry out the buying and selling of securities with your Trading Account and safely hold the securities in your Demat Account.
New customers can open a 3-in-1 Account, i.e., Savings Account, Trading Account and Demat Account at once through video KYC. Click here to get started.
With 3-in-1 Account Manage Savings. Start Investing. Create Portfolio. Build Weath
Safe, Secure & Seamless investment experience
Enjoy earning savings account interest till trade order execution
Multiple Investment platforms personalised for investors
Avail of the following features and benefits with a Demat Account from HDFC Bank:
Preferential pricing
Premier Banking customers can enjoy preferential pricing and discounts on Account Maintenance Charges (AMC). As a cross-product benefit, HDFC Bank Savings Account customers can enjoy AMC waiver for the first year of Demat Account opening.
Wide range of securities
You can invest in and hold a multitude of securities, such as equities, derivatives and fixed-income instruments. You can also hold Exchange-Traded Funds (ETFs) and Mutual Funds in your Demat Account.
Hassle-free movement of funds
You can link your HDFC Bank Savings Account to your Demat and Trading Account. This way, you can enjoy hassle-free fund transfer from Savings Account to your Trading Account. Also, you can instantly redeem your investment returns from your Demat Account to your Savings Account.
Track investments
You can track your investments and get account statement at any time, any place, via Net Banking. Optimise your investments to maximise returns.
Basket investing
Create long term wealth with professionally curated and diversified portfolio. You can invest in multiple stocks and ETFs at once, using the one-click investment option.
Digital Loan facility available
You can pledge your shares and Mutual Funds to avail of a quick Digital Loan. This way, you can get access to quick financing without liquidating your important assets.
New customers can open a 3-in-1 Account, i.e., Savings Account, Trading Account and Demat Account at once through video KYC. Click here to get started.
With 3-in-1 Account Manage Savings. Start Investing. Create Portfolio. Build Weath
Safe, Secure & Seamless investment experience
Enjoy earning savings account interest till trade order execution
Multiple Investment platforms personalised for investors
Existing HDFC Bank Savings Account holders can instantly open a Demat Account online:
Click here and authenticate yourself by providing your customer ID and password.
Fill out the online application form and schedule an appointment for video KYC.
For the video KYC process, make sure you keep your Aadhaar and Permanent Account Number (PAN) handy.
You will also need to complete Aadhaar-based KYC, so make sure your registered mobile number is linked to Aadhaar.
Once the KYC is complete, the Demat and Trading Account should be active in 24 hours.
Complete Aadhaar-based KYC to get an instant account.
Fill out the online application form and complete the video KYC.
You will receive your HDFC Bank Savings Account details instantly. Your Demat and Trading Account will be activated within 24 hours.
Click here to get started with your 3in1 A/c (Your Saving account will be opened & activated first, followed by your Demat & Trading account)
Applicants can also visit the nearest Demat centre with the required documents to open a Demat Account offline.
A Demat Account, short for dematerialised account, allows you to hold securities in the electronic format. A Demat Account does not allow buying and selling of shares. To buy and sell shares, you need a Trading Account.
When you buy shares
When you initiate a purchase request for a stock, the required funds are transferred from your bank account to your Trading Account. Once you find a seller ready to sell the shares on the exchange, the trade is executed. The seller receives the funds in their Trading Account, and you receive the shares in your Demat Account.
When you sell shares
To sell your shares, you need to place a sell order, which is then sent to the exchange. The trade is executed when you find a buyer ready to buy the shares. The shares are debited from your Demat Account. The equivalent amount is debited from the buyer’s Trading Account, after which the shares are credited to the buyer’s Demat Account.
Become a better investor and understand the various terms associated with a Demat Account:
SEBI
The Securities and Exchange Board of India (SEBI) is the regulatory body for the securities market in the country.
Depository
A depository is an entity that holds an investor’s securities like shares, bonds, debentures, government securities, Mutual Fund units, etc., in electronic format through a registered Depository Participant (DP). Presently, two depositories are registered with SEBI, the Central Depository Services (India) Limited (CDSL) and the National Securities Depository Limited (NSDL).
Depository Participants (DP)
A DP is depository agent that connects the investors with the depositories. The following entities can register as DP, provided they comply by the regulations prescribed by the SEBI:
Public financial institutions
Scheduled commercial banks
Foreign banks operating in India with Reserve Bank of India (RBI)-approval
State financial corporations
Stock-brokers
Custodians
Clearing corporations
Non-banking financial companies (NBFCs)
Share transfer agents
Settlement
Settlement refers to the process where the buyer receives the securities, and the seller receives the payment for the sale of those securities.
Portfolio holding
Portfolio holding is the process wherein you keep your investments such as equities, ETFs, Mutual Fund units, etc., in your Demat Account.
Demat Account Number
Demat Account Number is a 16-digit account number you receive when you open a Demat Account. This number is also known as Beneficial Owner Identification number (BO ID).
ISIN
International Securities Identification Number (ISIN) is a unique 12-digit alphanumeric identification number allotted to an equity. Different types of equities, even if they are issued by the same issuer, will have different ISIN.
What is dematerialisation?
Dematerialisation is the process of converting your physical share certificates into electronic format.
What are the documents required to open a Demat Account?
The following are the documents necessary to open a Demat Account:
ID and address proof
Existing HDFC Bank Savings Account holders need to keep their Aadhaar and PAN handy to show them to the bank executive during the video KYC process for online Demat Account opening.
Are there any charges to open a Demat Account?
With HDFC Bank, you can open a free Demat Account online, the bank does not levy account opening charges.
Who is eligible to open a Demat Account?
Resident individuals who can provide the necessary ID and address proof can open a Demat Account in India.
Is it possible for NRIs to open a Demat Account?
Yes, NRIs can open a Demat Account subject to the Foreign Exchange Management Act (FEMA) rules and regulations. Per FEMA, foreign investments by NRIs should not exceed 5% of the total paid-up equity capital issued by the Indian company.
Am I allowed to have multiple Demat accounts?
Yes, you can have multiple Demat Accounts at once. You can open more than one Demat Account with the same DP as well as with other DPs. For all accounts, you need to comply with the KYC norms as stipulated by SEBI and furnish your PAN details at the time of each account opening.
Can I transfer a Demat Account?
Yes, you can. You can transfer your Demat Account from one DP to another. You can submit the transfer request for your Demat Account with your existing DP.
Do I need a Demat Account to apply for an Initial Public Offering (IPO)?
To hold the IPO shares in the electronic format, you need a Demat Account.
Is a Demat Account mandatory to make Mutual Fund investments?
No, it is not. You can invest in Mutual Funds directly via a financial institution.
Can I open a Demat Account jointly?
Yes, you can open a Demat Account jointly.