Corporate Demat Account Fees & Charges

Fee Schedule for HDFC Bank Resident Corporate Demat Accounts (NSDL & CDSL)

Sr. No Fee Head Type Standard Program Pricing
  Fees Min
1. Account Opening Charges NIL
2. Credit Transactions NIL
3. Debit Transactions Equity / Debt / Mutual Funds (Market / Off Market)
Pledge Services (Closure / Creation / Invocation)		 0.04% of the value of the txn. (Max Rs 4,999/-)
Inclusive of NSDL / CDSL actual debit transaction charges		 Rs. 30/-
Inclusive of NSDL / CDSL actual debit transaction charges
4. Margin Pledge (Creation / Invocation / Closure) Rs. 20/- per instruction
5. Dematerialisation Certificate + Dematerialisation
Request		 Rs. 5/- per Certificate + Rs. 35/- per
request		 Rs.40/-
6. Rematerialisation Rematerialisation
Request		 Rs.30/- per request + NSDL / CDSL
actuals, Currently
a) Rs. 10/- for every hundred securities or part thereof; or
b) Flat fee of Rs. 10/- per certificate whichever is higher		 Rs.40/- (min)
Rs.5,00,000 (max.)
7. Reissuance of Delivery Instruction Booklet (DIB) Rs.75/- per booklet
8. Courier / Postal Charges only
(Adhoc Statement)		 Inland Address Rs.35/- per request
Foreign Address Rs.500/- per request
9. Annual Maintenance Charges AMC Rs 1,500/- p.a. (Rs 750/- p.a. for HUF)

Common Clauses

  • Customers who have a banking relationship with HDFC Bank to provide a debit authorisation for the recovery of service charges
  • The above charges are exclusive of applicable GST and other taxes / statutory charges levied by Government bodies / statutory authorities from time to time, which will be charged as applicable
  • Incase you are applicable for submission of GSTIN details, please provide details in a separate "GST Annexure". GST Annexure is available on our website (www.hdfcbank.com >> Form Center>> Demat Tab >> GST Annexure)
  • All charges / service standards are subject to revision at the Bank's sole discretion at any given point of time and the same shall be communicated to the customers with a notice of 30 days.
  • Customers having only a Depository relationship will be required to maintain a balance of Rs 15,000/- in an account maintained by Bank for each Demat account.The Customer also need to replenish the balances in the said account immediately if and when it falls below Rs.5,000/-.
  • The Annual Maintenance Charges are levied, in advance, for a period of one year at the beginning of the billing cycle. For the computation of AMC for Managed Program, the transactions for the previous year will be evaluated, and basis the number of transactions done by the customer, AMC will be levied as per the transaction slabs defined. (For more details of Managed program, kindly refer our website www.hdfcbank.com )
  • The value of the transaction will be in accordance with rates provided by Depositories (NSDL / CDSL)
  • The transaction charges will be payable monthly. The charges quoted above are for the services listed. Any service not quoted above will be charged separately.
  • I. Debit transaction charges are inclusive of NSDL / CDSL actuals which are `4.00 / ` 3.50 per debit instruction respectively.
  • II. CDSL discounts on Debit transactions are on mutual funds & bonds, a discount of ` 0.25 per debit transaction.
  • The operating instructions for the joint accounts must be signed by all the holders.
  • All instructions for transfer must be received at the designated DP servicing branches of the Bank at least 24 hours before the execution date.
  • In case of non- recovery of service charges due to inadequate balance in your linked bank account or inadequate advance fees or invalid bank account, the Depository services for your account will be temporarily discontinued. The services will be resumed in a minimum of three working days from the date of receipt of request with HDFC Bank and post payment of all outstanding dues towards Depository charges.
  • In case the Demat accounts are with nil balances / transactions or incase if the customer defaults in payment of AMC, the physical statement shall not be sent to the customer after period of 1 year. However the electronic statement of holding will be sent only to the customers whose email IDs are registered for e-statement.
  • The Depositories have started dispatching Consolidated Account Statement (CAS) to the customers w.e.f. March 2015, hence despatch of physical statements will be discontinued.
  • Your Transaction cum Billing statement will be available on NetBanking under Demat tab by second week of every month with option to view.
  • Effective 01July'2020 stamp duty charges would be collected on consideration amount of OffMarket transfer / Pledge invocation instruction, before execution of request
  • Transactions from Promoter / Director account under NDU arrangement would be charged with actuals levied by NSDL / CDSL as per pledge instructions.
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