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How to open a Demat account in HDFC for NRIs?

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HDFC Securities offers an online and offline account opening facility to NRIs. The online account opening facility is available for all NRIs except for NRIs based in USA and Canada.

Steps for online NRI account opening with HDFC Securities:

  1. Download, fill, and sign the below forms:
  2. Attach the supporting documents.
  3. Send the form and documents over mail to nri.sales@hdfcsec.com or your Relationship Manager.
  4. The broker will verify the documents and open an account once the verification gets completed.

Steps for offline NRI account opening for USA and Canada based customers:

  1. Download the HDFC Securities NRI Account Opening Form and PIS Form.
  2. Fill in the details.
  3. Attach the KYC documents required for account opening.
  4. Courier the form to your HDFC Bank Relationship Manager.

Documents required for NRI account opening

  • Passport Size Photo
  • Copy of PAN Card
  • A copy of Passport
  • Copy of Visa
  • OCI Card / PIO Card Copy (in case of no Indian passport)
  • Civil ID /Resident Card / Permit Copy
  • Overseas Address Proof
  • Indian Address Proof (mandatory)
  • Income Proof (in case of Derivatives trading)

Points to Note

  • In case of an online opening, you need to attach two copies of each document.
  • The physical presence of the USA and Canada-based NRI in India is mandatory at the time of account opening.
  • The USA and Canada-based NRI customers can trade through HDFC Securities Relationship Manager or Call and trade facility and not through digital modes.
  • The documents need to be attested by any one of the following:
  • Notary Public.
  • Any court of law.
  • Local Banker - Bank Seal; Name; Designation; Employee Code of the Officer doing attestation.
  • Indian Embassy / Consulate General of the country.


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