Corporate Demat Account
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About Corporate Demat Account

Key Features

  • Reduces paperwork needed for owning, trading, and transferring securities.
  • Instantly credits bonus or rights shares to the investor’s account.
  • Protects against risks like forgery, damage, and loss of physical certificates due to fire, theft, or mutilation.
  • Enables quicker transactions (buying, selling, transferring) and improves trading efficiency.
  • Automatically credits shares generated through mergers and acquisitions.
  • Removes problems and issues related to physical securities
  • Lower transaction costs in demat mode compared to physical modes

To open a Non-Individual Demat account, visit your nearest HDFC Bank branch.

Key Features

Benefits

Benefits of opening Non-Individual Demat Account are as below:-

  • ZERO RISK of loss or damage of physical papers
  • Dematerialization / Rematerialisation of Securities + Conversion / Redemption of Mutual Fund
  • DP on Net -View Your Holding and Transaction details on Net-Banking
  • Faster Instruction Processing (Transfer of securities) – Digital / Manual mode
  • Ease in Pledging of Securities

Click here to know more benefits of a Corporate Demat Account.

Benefits

Types of Corporates

Types of Corporate (Non-Individual) Demat Accounts available:

  • Hindu Undivided Family (HUF)
  • Partnership firm
  • Private Limited / Limited Company
  • Trust – Registered/Unregistered
  • Limited Liability Partnership (LLP)
  • Escrow Demat Accounts

Click here to know more about the types of corporates.

Types of Corporates

Fees & Charges

The following are the fees and charges associated with a Corporate Demat Account

  • Annual Maintenance Charges (AMC): ₹1,500 per annum (₹750 per annum for HUF accounts).
  • Dematerialisation Charges: ₹5 per certificate plus ₹35 per request, with a minimum charge of ₹40.
  • Debit Transaction Charges for Equity/Debt/Mutual Funds (Market/Off Market): 0.04% of the transaction value, with a maximum of ₹4,999 per transaction.

Click here to view more details of the fees and charges.

Fees & Charges

More About Corporate Demat Account

  • Features of a Corporate Demat Account
  • Reduces paperwork needed for owning, trading, and transferring securities.
  • Instantly credits bonus or rights shares to the investor’s account.
  • Protects against risks like forgery, damage, and loss of physical certificates due to fire, theft, or mutilation.
  • Enables quicker transactions (buying, selling, transferring) and improves trading efficiency.
  • Automatically credits shares generated through mergers and acquisitions.
  • Removes problems and issues related to physical securities.
  • Lower transaction costs in Demat mode compared to physical modes.
  • Benefits of a Corporate Demat Account
  • Elimination of Physical Paper Risks: No chance of losing or damaging physical documents.
  • Digital Transformation of Securities: Seamless dematerialisation and rematerialisation of securities, along with easy conversion or redemption of Mutual Funds.
  • Convenient Online Access: View your holdings and transaction details conveniently through NetBanking.
  • Accelerated Transaction Processing: Quick and efficient processing of security transfers, whether digitally or manually.
  • Simplified Pledging Process: Easier procedures for pledging your securities.
  • Automatic Corporate Benefits: Enjoy hassle-free automatic credit of dividends, stock splits, and other corporate actions.
  • Streamlined Account Management: Access a variety of services that simplify account maintenance.
  • Instant Security Transfers: Experience immediate effects when transferring securities.
  • User-Friendly Holdings: Maintain your holdings effortlessly without the burden of physical documents.
  • Reduction in Paperwork: Minimise the hassle of handling large volumes of paper.
  • Lower Risks with Digital Securities: Enjoy enhanced security and reduced risk when managing your investments.
  • Cost Efficiency: Save on expenses associated with physical securities.
  • Time Savings: Spend less time managing your investments, allowing for more focus on other priorities.

Frequently Asked Questions

Yes, corporates can open a Demat Account with HDFC Bank by providing the necessary KYC documents and corporate documents. They can thus enjoy the benefits of holding securities in electronic form.

 A corporate Demat account is an electronic account that allows companies to hold and manage their securities in dematerialised form. A Corporate Demat Account at HDFC Bank minimises securities ownership, trading, and transfer paperwork. It provides immediate credit of allotted bonus/rights, protects against risks associated with physical certificates, and enables quicker transactions.

Contact your nearby HDFC bank branch to learn about the specific charges.