Existing Demat and Trading Account

We have lots for you in store

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Benefits & Features of Demat Account

Convienience

  • Safely store shares, Mutual Funds, equities, and NCDs (Non-Convertible Debentures) that you invest in.
  • Eliminates the risk of damage to physical securities. 
  • Facilitates simple and secure transaction processing. 
  • Monitors the performance of your investments.
  • Enables investments in SGB through NetBanking. Read more
  • Allows you to obtain digital LAS/LAMF instantly through NetBanking. 
  • Helps invest seamlessly with a 3-in-1 account.
Convienience

Documents Required to Close Demat Account

  • Closure process for joint Demat account & Non-Individual demat account: (Physical Process Only) 
Details Documents required
1) If Nil Holding & zero outstanding amount: Duly filled closure form only
Duly filled closure request form to be submitted to nearest HDFC Bank Demat Desk.
2) Transfer Cum Waiver (TCW): Duly filled TCW closure form +
A) TCW: Fill up the TCW form + Documents & submit it to the nearest HDFC Bank branch with the Demat desk Client Master List of the target Demat a/c duly attested by said DP Official or digitally signed if Non HDFC Bank Demat
B) Non-TCW: You can sell the holdings, make the Demat account holding NIL clear outstanding charges if any & request for closure as per point no 1 Duly filled closure request form + BR/resolution towards closure of Demat account

 

Link your Demat Account with an HDFC Securities Trading Account to:

Simple Linking Process

Link your Demat Account with an HDFC Securities Trading Account to: 

'Buy & Sell' Equities 

Invest in IPOs, Bonds, Mutual Fund schemes and more, all managed via your HDFC Bank Demat Account. 

Explore investment options: 

  • DIYSIP 
  • Sovereign Gold Bond 
  • Invest in Mutual Funds/SIPs 
  • Global investing 
  • Diversify with Digi Gold 

Account Management Services: 

  • Power of Attorney (POA) update in Demat Account. 
  • Nomination update (up to three with share proportions). 
  • Statements, including copies of Transactions, Holding Cum Valuation as of a date and Billing. 
  • Client Master List (CML) for NSDL and Crystal Report for CDSL account holders. 
  • DP on the Net facility for easy online access to view Demat details. 

Transaction and Transfer Services: 

  • Delivery Instruction Slip (DIS) for settlement/off-market transfer of shares physically. 
  • Dematerialisation of Shares, Bonds, and Mutual Funds. 
  • Electronic transfer of Shares using Speede (NSDL) and Easiest (CDSL). 
  • Transmission of Shares in case of the account holder's death. 
  • Conversion of physical Mutual Funds into Demat mode. 
  • Re-materialisation of securities. 
  • Pledging of securities. 
  • Freezing/De-freezing of Demat Account. 

Dividend and Corporate Actions: 

  • Credit of dividends, interest, and refunds through Electronic Clearing System (ECS). 
  • Allotment of bonuses and rights issued to investors by RTA.
  • Open offers, buybacks, or any action on merger, demerger, and amalgamation of companies. 
  • Modifications in Demat such as changes in name, address, contact details, signature, bank details for charges and dividends. 
  • Insta-alert, SMS, and email statement facility. 
  • Conversion of Demat Account status upon a change in the residential status of the customer. 
  • Application in ASBA, IPO, and SGB using Demat. 

Click here to download any necessary forms and submit them at your nearest Demat servicing branch. 

Explore investment options:

More About Demat Account

Know Your Customer (KYC) is the mandatory process of identifying and verifying the client's identity when opening an account. 

To check your KYC status, follow these steps:  

Visit: https://kra.ndml.in/kra-web/  

Click on KYC inquiry  

Enter PAN, input the captcha, and click Search to fetch the status  

To identify the KYC Registration Agency (KRA) with which your KYC is registered, check the KRA Name and KYC Status. Please click here to refer sample:  

KYC Registered - The record is registered with KRA as per the Uniform KYC Requirements for the Securities Markets  
Under Process - KRA has accepted KYC records for processing as per the Uniform KYC Requirements for the Securities Markets. The verification of KYC is under process at KRA.  
On Hold - KYC was kept on hold due to discrepancies in KYC documents   
In case you find your KRA Status as On Hold, KRA Rejected, etc., follow these steps:  
Fill up the KYC details updation form and submit along with self-attested OVD (Aadhaar, Passport, Voter’s ID card, Driving Licence, NREGA Job card) to your nearest branch  
For the complete address and contact details of our Demat service providing Branches, please visit the following URL: https://near-me.hdfcbank.com/branch-atm-locator/  

As per SEBI guidelines, KRAs are responsible for validating clients' KYC details as per their records. KRA will send emails to inform clients that their KYC has been successfully registered. Clients in whose case, KYC details cannot be verified, shall not be allowed to transact further in securities market until the KYC details are verified. Clients who have received an email from the KRA must click on the link and validate their email address.  

Further, in case of non-receipt of any intimation from their respective KRA, Clients can visit their KRA website listed below and follow the on-screen instructions to validate their details:  

NDML - kra.ndml.in/kra/ckyc/#/initiate  

CVL - validate.cvlindia.com/CVLKRAVerification_V1/  

Karvy - karvykra.com/KYC_Validation/Default.aspx   

CAMS - camskra.com/PanDetailsUpdate.aspx  

DOTEX - nsekra.com/  

You may please refer the below SEBI Circular for further details:  
SEBI/HO/MIRSD/DoP/P/CIR/2022/46 dated April 06, 2022  
SEBI/HO/MIRSD/FATF/P/CIR/2023/0144 dated August 11, 2023  

Sr. No. Circular Numbers Brief of Circular
1 NSDL/POLICY/2024/0111
CDSL/PMLA/DP/POLICY/2024/436		 For procedures for filing complaints concerning Unsolicited Communication (UCC) and fraudulent schemes utilizing telecommunications resources, Please refer to the below steps:
In case of receiving spam or UCC, make a DND complaint at the respective TSP’s app/website, TRAI DND app, or call/SMS 1909
In case of receiving suspected fraud communication, report to Chakshu Platform of the Department of Telecommunications https://sancharsaathi.gov.in/sfc/Home/sfc-complaint.jsp
In case fraud has already happened, report the same to the Cyber Crime helpline number 1930 or the website www.cybercrime.gov.in
2 CDSL/OPS/DP/SYSTM/2024/425 Dispatch Of Consolidated Account Statement (CAS) for all securities assets:
Considering the increasing reach of digital technology, electronic mode now being the preferred mode of communication and as a green initiative measure and to streamline the regulatory guidelines on mode of dispatch of account statements, it has been decided to revisit the regulatory provisions and provide for email as default mode of dispatch for Consolidated Account Statement (CAS) by Depositories, Mutual Fund – Registrar and Transfer Agents (MF-RTAs) and holding statement by Depositories Participant (DP).
3 CDSL/OPS/DP/EASI/2024/310 Implementation Of Two Factor Authentication In Easi & Easiest Login for CDSL Accounts:
CDSL is in the process of implementing Two Factor Authentication (2FA), a new security feature for safeguarding access to EASI/EASIEST login. 2FA adds a layer of protection to prevent unauthorized access to the demat account. This 2FA is a method of authorization necessitating two-layer authentication for existing/new accessible & easiest users.
4 CDSL/OPS/DP/GENRL/2024/234
NSDL/POLICY/2024/0048		 A Comprehensive strategy to address scams soliciting investments impersonating recognized intermediaries:
SEBI has been receiving complaints from investors/intermediaries about fraudulent trading activities in the name of prominent SEBI-registered financial institutions. These activities deceive investors through various digital channels, including websites, mobile applications, and social media platforms. Such impersonation not only threatens investors' trust and confidence but also undermines the credibility of the entire financial ecosystem.
In this regard, Customers need to avoid fraudulent schemes/Apps promising unrealistic returns.
5 NSDL/POLICY/2024/0106
NSDL/POLICY/2024/0089
NSDL/POLICY/2024/0073
NSDL/POLICY/2021/0126		 Investor Charter for Depositories and Depository Participants by Participants is issued to make the Indian Securities Market Transparent, Efficient, and investor-friendly by providing a safe, reliable, transparent, and trusted record-keeping platform for investors to hold and transfer securities in dematerialized form.
Please refer link for more details: Investor Charter (NSDL & CDSL) (hdfcbank.com)
6 NSDL/POLICY/2024/0090
NSDL/POLICY/2022/084
CDSL/OPS/DP/SYSTM/2024/479		 Validation of reason codes while executing off-market transactions:
Pursuant to SEBI directives on ‘Credit of units of AIF in dematerialized form’ & ‘maintenance of Aggregate Escrow Demat Account’, changes have been incorporated in the validation for off market transfer reason code ‘29- Deposit of securities with Escrow agent and its return’.
7 NSDL/POLICY/2024/0044
CDSL/IG/DP/GENRL/2024/188		 SCORES 2.0 – New Technology to Strengthen SEBI Complaint Redressal System for Investors:
SEBI vide press release no. PR. No. 06/2024, dated April 1, 2024, informed about having launched the new version of SCORES 2.0 to strengthen the investor complaint redressal mechanism by making the process more efficient through auto-routing, escalation and monitoring by Depositories to reduce the timeline.
8 NSDL/POLICY/2024/0068
NSDL/POLICY/2024/0066
NSDL/POLICY/2023/0156		 Eligibility Criteria for the investors permitted to hold/transact in Sovereign Gold Bonds (SGB) :
RBI vide its Press Release dated October 30, 2015 regarding Sovereign Gold Bonds 2015-16 has clarified about the category of investors permitted to hold/transact SGBs in their demat account.
9 NSDL/POLICY/2024/0038
NSDL/POLICY/2024/0039		 ‘Introduction of the Beta version of T+0 rolling settlement cycle on an optional basis in addition to the existing T+1 settlement cycle in Equity Cash Markets’:
Securities and Exchange Board of India (SEBI), vide its circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/20, dated March 21, 2024, has issued guidelines regarding a framework for introducing the Beta version of the T+0 settlement cycle on an optional basis in addition to the existing T+1 settlement cycle in the equity cash market w.e.f. March 28, 2024.
10 NSDL/POLICY/2024/0082
NSDL/POLICY/2023/0184		 SEBI Circular regarding non-submission of ‘choice of Nomination’ for ease of doing investments and mandatory fields for updating nomination details:
Important Note: Adding a nominee helps ensure a smooth settlement process for unforeseen events. We encourage you to add a nominee to your Demat account.
Why Add a Nominee?
Easy Settlement: Ensures smooth transfer of assets.
Security: Protects your investments.
Who Can Be a Nominee?
Up to 3 individuals.
Any individual or Power of Attorney (POA) holder of the Demat account.
A minor under the supervision of a guardian.
Steps to Add a Nominee:
Online:
Visit: HDFC Bank Nomination Portal
Add up to 3 nominees and confirm all details.
E-Sign with OTP (Access to your Aadhaar-linked mobile number for E-sign).
Offline:
Submit the signed Nomination form with the required details and signatures to your nearest HDFC Bank Demat Servicing Branch.
11 NSDL/POLICY/2023/0100 Online Resolution of Disputes in the Indian Securities Market:
SEBI issued a circular no. SEBI/HO/OIAE/OIAE_IAD-1/P/CIR/2023/131, dated July 31, 2023, provides guidelines for online dispute resolution in the Indian securities market.
12 NSDL/POLICY/2021/0036 Mandatory Updation of certain attributes of KYC of clients:
All Customers are advised to note that 6-KYC attributes shall be made mandatory for all the categories of clients:
Name
Address
PAN
Valid mobile number
Valid email-id
Income range
Please refer to Circular for more information.


For detailed information on the above Circulars, please visit NSDL at https://nsdl.co.in/ and    
CDSL at https://www.cdslindia.com/  

Frequently Asked Questions

You can have one Demat Account and link it with multiple Trading Accounts. However, these Trading Accounts must be with different brokers.

Yes, you need to close your Demat and Trading Accounts separately, as they are two distinct entities. Ensure no securities or funds remain in the accounts before closure.

Yes, having two Trading Accounts can be beneficial for Indians. It allows for diversification, risk management, and access to unique investment opportunities. However, it may also lead to increased complexity.