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Open HDFC Securities Account (HDFC Securities Account Opening Process, Documents and Charges)


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HDFC Securities Account Opening Charges 2022

HDFC Securities account opening charges are Rs 999 for a trading account and Rs 0 for Demat account. HDFC Securities charge Rs 750 AMC for Demat account.

TransactionCharges
Trading Account Opening ChargesRs 999
Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0
Demat AMC (Yealy)Rs 750

HDFC Securities Limited, a subsidiary of HDFC Bank Limited was founded in 2000. They are one of the largest stock broking company and provides brokerage services in the capital markets in India. They offer platforms to trade in equities, IPOs, mutual funds, futures and options and currency derivatives, national pension system, NRI offerings, insurance, fixed deposits and bonds, as well as various value-added services.

HDFC Securities also offers 3 in 1 account which enables customers to open Demat, trading as well as a bank account together with HDFC Bank Limited. One can open those accounts independently or at the same time under one umbrella with a single application form. Using 3 in 1 account client won't have to manually transfer money to a trading account from the bank account. The required funds get credited automatically. So it's easy to manage. Once your account opens you can trade in Equity, IPO, Mutual Fund, ETF, Tax-free bonds, Currency Derivatives, Gold ETF etc.

HDFC Securities allows its customers to open 3-in-1 accounts for an effortless trading experience. Customers can open trading and Demat account with the following 6 steps mentioned below:

1. Enter mobile number & OTP

2. Enter Personal Details

3. Add Bank Details

4. Choose Trading Plan

5. Complete Video In-Person Verification

6. Aadhaar based E-KYC/Upload & E-Sign documents

Once the form is submitted, the application will process at their central processing unit (CPU) and is forwarded to HDFC Bank for linking/ opening of the Bank and Depository accounts. Once the accounts are opened all the details and your Telephone Identification Nos. (TIN), Passwords etc. will be sent to the customer. In case your application is not processed because of any missing details, one of their representatives will contact you.

HDFC Securities Account Opening Status

Once the form is submitted, the customer will get a Unique Docket Number (UDN) upon receipt of the application. Using this UDN customers can keep track and check the status of the account opening form at any point in time.

HDFC Securities Account Opening Form

HDFC Securities Account Opening Form is available on their HDFC Securities website. The customer has to download and fill it up.

HDFC Securities Account Closure

HDFC customers can close their accounts at any point in time. To close an account either he can visit one of their nearest branches or download the account closing form from the HDFC Securities website. Fill out the form and submit it to one of their branches. They do not charge anything to close the account.

Account Opening Charges

HDFC charges Rs. 999 for account opening which is inclusive of legal and documentation charges. It takes between 2 to 5 working days for an account to be opened, depending on the type of account.

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Frequently Asked Questions

  1. 1. How to open HDFC securities account online?

    HDFC Securities offers a 100% paperless and digital account opening process in 7 easy steps.

    Steps to open HDFC Securities account online:

    1. Visit the HDFC Securities website or download the mobile app
    2. Sign up with your mobile number
    3. Enter the OTP to verify the mobile number.
    4. Provide personal details and bank details.
    5. Choose the preferred trading plan
    6. Complete video in-person verification
    7. Upload copies of KYC documents
    8. Complete Aadhar based E-sign process.

    Your account opening takes 2-5 days based on the type of account opened.

     

  2. 2. How to close HDFC Securities Demat Account

    If you are not using the HDFC Securities account for more than 6 months, it's recommended to close the account to save your maintenance fee.

    You can choose either one of the below methods to close your account

    1. You can visit one of their nearest branches and fill the required form. After filling the form submit it and you will get the confirmation SMS alert.
    2. Or download the Account closing form from the website of the depository participant or DP.
    3. Fill it with all required information like DP ID and Client ID, Existing details like name and address, Reason for closing the account etc. and submit to your nearest branch.

    Note:

    1. They do not charge any account closing fee from their customers.
    2. All holders are required to sign the closure request form. POA holder (if any) cannot sign the closure request.
    3. If the account has any negative cash balance, it must be settled before submitting the request for its closure.
    4. Unused delivery instruction booklet slip should be submitted back to the DP.

     

  3. 3. How to open HDFC securities account?

    You can open an HDFC Securities account through an online and offline process.

    HDFC securities online account opening is a 100% digital and paperless process.

    Steps to open an account online

    1. Download the HDFC Securities mobile app or visit HDFC Securities.
    2. Enter mobile number and verify with OTP.
    3. Provide Personal and Bank Details.
    4. Choose the trading plan.
    5. Complete Video In-Person Verification.
    6. Upload the Documents.
    7. E-Sign the account opening documents.

    Steps to open an account with HDFC Securities offline

    1. Visit one of your nearest HDFC Bank branches.
    2. Fill up the account opening application form.
    3. Provide Personal, Bank details, and KYC Documents.
    4. The submitted application gets verified by the broker post which the account gets opened.

     

  4. 4. How to activate HDFC securities account?

    HDFC Securities account can be activated online through the HDFC Securities website or mobile app.

    Steps to activate HDFC Securities account:

    1. Go to the HDFC Securities login screen.
    2. Enter your login credentials received at the time of account opening.
    3. Provide your birth date and click on login.

    HDFC Securities account gets activated one day post your login for the first time to your account.

     

  5. 5. How much time does it take to open a Demat account in HDFC?

    HDFC Securities takes about two to five working days to open an account depending on the type of account.

    If you open only the Demat account, it takes lesser time compared to the opening of a 2-in-1 account or a 3-in-1 account (all-in-one investment account). HDFC Securities account opening is a 100% paperless process that takes about 10-15 minutes to complete the process.

    Documents required for Demat account opening are:

    • PAN Card.
    • Residence Proof
    • ID Proof
    • Photo
    • E-signature

     

  6. 6. How to open a trading account in HDFC securities?

    You can open a trading account online or offline with HDFC Securities.

    HDFC Securities online trading account opening can be completed through HDFC Securities mobile app or website by signing with your mobile number. You need to provide your details, upload KYC documents, and e-sign the online account opening form.

    To open the trading account in HDFC Securities offline, you can visit the nearest HDFC Securities branches, where a company representative will guide you through the end-to-end account opening process.

    Alternatively, you can also reach out to HDFC Securities Customer Care at 022-39019400/022-49360469 or drop in an email to customercare@hdfcsec.com or open a chat for any assistance required.

     

  7. 7. How to close HDFC securities Demat account online?

    HDFC Securities Demat account can be closed online or offline. The online closure process is restricted only for zero holding Demat accounts, while the offline closure process is applicable for any Demat account.

    To close the HDFC Securities Demat account online, you need to log in to the closure account page of HDFC Securities and submit the request.

    Steps to close HDFC Securities Demat account:

    1. Download HDFC Securities Demat account closure form (CDSL).
    2. Fill the form with Client details and account holder names.
    3. Mention the reason for the closure.
    4. Mention the details of securities (if any) along with the beneficiary details for transfer.
    5. Sign the form and submit it to the nearest HDFC Securities branch.

    HDFC Securities maintains the CDSL Demat account closure form on their website. However, if you have an account with NSDL, drop a mail to customercare@hdfcsec.com for assistance.

    It is recommended to close your HDFC securities Demat account if you are not using it, as it incurs fees and maintenance charges.

     

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Information on this page was last updated on Tuesday, May 24, 2022

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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