HDFC securities is the brokerage arm of India's top private bank HDFC. Launched in 2000, It has travelled a long way and is now regarded as one of the top full-service brokers in India. HDFC Securities has an active client base of 13,35,188 as of October 2024.
HDFC is a prominent group in India. HDFC Demat account provides a wide range of products to its customers. HDFC securities provide multiple platforms and advanced tools to its customers. They also provide research and tips to their customers which is useful for investors.
Click on “Open Demat Account”
Select online and a form will open
Fill in the mandatory details and submit the form
Within two working days, you'll receive a call from an HDFC representative to verify the details and you will be asked to send identity and address proofs through emails
Finally, You will receive a successful account of your registered mobile number.
Indeed, HDFC does provide a Demat account. It has more than 2 million Demat accounts and more than 3500 Demat centres network.
It provides two types of Demat account- Basic Services Demat Account and Normal Demat account.
Yes, opening a Demat account in HDFC is currently free. However, there are other charges associated with a Demat account which include Account Annual Maintenance Charges, Custodian fee, Trading Account Opening and Transaction charges, depending upon the value of securities.
HDFC securities are depository participants on both depositories NSDL and CDSL.
You can sell shares in HDFCsecurities through the following steps
Login to your account.
You’ll be redirected to the home page whereby the default buy option is selected, here select the sell option.
Select exchange -NSE/BSE.
Select Intrusmnet- where equity is selected by default.
Select product- Margin/Cash/Emargin/Intraday.
Write down the company name or symbol, and select the company. After that LTP of that company will open.
After that select the order option- Limit/Market.
Enter quantity and price and place the order.
You can also share through mobile app and call n trade option as well
Trading account AMC is free but Demat account AMC is Rs 750. However, AMC differs from the products offered by the HDFC securities.
Indeed, HDFC securities provide Mutual Fund. You can buy and sell mutual funds if you have an account in HDFC securities. However, HDFC gives waiver during the first year and later on, they also provide waiver offers if you will do more transactions.
Yes, HDFC securities provide free tips to its customers for all the securities. It also provides free market research reports.
HDFC provides a margin up to 4 times the trade value. However, the margin in HDFC securities varies across its products and segments.
HDFC securities HDFC e-margin, which is a Margin Trading Platform by HDFC to provide extra buying power to its clients, through which customers can pay a part of the total trade value, the rest is offered as a loan to its customer. HDFC charges 0.5 % interest on the loaned amount which needs to be squared off under 180 days from the transaction date.
To close an HDFC Demat account, visit your nearest HDFC Securities Office to acquire an account closure form that you can fill and submit to request account closure. You can also write an email to dematclosures@hdfcbank.com to initiate account closure.
However, for the email method to work, there must not be any holdings in your account before you close the account.
The following details must be furnished with the account closure form:
Your ID and your Depository Participant ID.
KYC details like name and address that match with details submitted to HDFC Securities.
The reason for closing the Demat account.
Ensure that there are no dues on your account as well as no untraded securities.
A bank employee must mandatorily submit and verify the self-attested identity proof copy.
Yes, HDFC Demat accounts are safe as all demat accounts are opened with Central Depository Services Limited(CDSL). HDFC acts as only an intermediary between the customer and the central depository.
To withdraw money from your HDFC trading account, proceed with the following steps:
For the mobile app:
Click on “More”.
Go to “Account”.
Click on “Request Fund Payout”.
Enter the withdrawal amount and click “Submit”.
For the desktop app:
Click on “Limit”.
Click on “Request Fund Payout”.
Mention the amount to be withdrawn and click on “Payout Request”.
HDFC Securities offers a variety of trading platforms and tools for its users, including:
In addition to these trading platforms, HDFC Securities also offers a variety of trading tools, such as:
Overall, HDFC Securities offers a wide range of trading platforms and tools to meet the needs of different types of traders. Users can choose the platform and tools that best suit their trading style and experience level.
Please note that some of the trading platforms and tools offered by HDFC Securities may require additional fees.
Yes, HDFC Securities is a regulated and safe platform for trading and investing. It is a registered member of the Securities and Exchange Board of India (SEBI), the National Stock Exchange of India (NSE), the Bombay Stock Exchange (BSE), and the Multi Commodity Exchange of India (MCX). This means that HDFC Securities is subject to strict regulations and oversight from these regulatory bodies.
HDFC Securities also has a number of security measures in place to protect its clients' funds and data. These include:
In addition, HDFC Securities is a subsidiary of HDFC Bank, one of India's largest and most respected banks. This gives HDFC Securities additional financial strength and stability.
Overall, HDFC Securities is a safe and reliable platform for trading and investing. It is regulated by SEBI and other Indian regulatory bodies, and it has a number of security measures in place to protect its clients' funds and data.
Here are some additional points to consider:
If you are considering using HDFC Securities for trading and investing, be sure to do your own research and choose the platform and tools that are right for you.
Fund Transfer Process via Mobile:
Fund Transfer Process via Desktop:
Yes, HDFC Securities offers a wide range of research and advisory services to its customers. These services include:
Yes, HDFC Securities offers a mobile trading app called HDFC Securities Invest Right. The app is available for both Android and iOS devices.
HDFC Securities Invest Right is a comprehensive mobile trading app that allows you to trade in a variety of financial instruments, including stocks, mutual funds, futures and options, and commodities. The app also offers a variety of features to help you make informed investment decisions, such as:
HDFC Securities Invest Right is a user-friendly and powerful mobile trading app that is suitable for both beginners and experienced investors.
To download HDFC Securities Invest Right, you can visit the Google Play Store or the Apple App Store.