Features & Benefits
Wondering if you’re eligible?
More About 3-in-1 SmartInvest Account
The 3-in-1 Demat Account combines a Savings Account, Trading Account, and Demat Account into a single integrated platform, offering several key features. Firstly, it facilitates seamless fund transfers between the Savings and Trading Accounts, ensuring immediate availability of funds for trading activities. Secondly, it enables direct purchase and sale of securities, with transactions settled directly into the Demat Account. This integration streamlines the investment process, providing real-time access to market data, consolidated statements, and personalised investment advice. Additionally, the account often includes benefits like reduced brokerage fees, zero Demat Account maintenance charges for an initial period, and access to a wide range of financial instruments including equities, Mutual Funds, and more.
A 3-in-1 Demat Account offers several benefits that enhance convenience and efficiency for investors. Here are some of them:
It integrates a Savings Account, Trading Account, and Demat Account, allowing seamless fund transfers and immediate access to funds for trading. This reduces the time typically required for transactions between separate accounts.
It provides consolidated financial management with access to real-time market data, transaction statements, and investment insights.
Investors often enjoy reduced brokerage fees, initial waivers on Demat Account maintenance charges.
Investors can access to a diverse range of investment options including equities, Mutual Funds, IPOs, and more.
The account simplifies the investment process and enhances control over financial assets.
To open a 3-in-1 Demat Account, you typically need a few essential documents. These include your PAN Card, which serves as proof of identity and is mandatory for all financial transactions in India. Additionally, you'll need your Aadhaar Card for identity verification through Aadhaar-based OTP authentication. Your signature on a white paper will also be required during the video KYC process. These documents ensure compliance with regulatory requirements and enable seamless verification processes. Once these documents are submitted and verified, you can proceed to open your Savings Account, Trading Account, and Demat Account, integrating them into a unified 3-in-1 financial solution.
For purchases
1. Initiate a buy order, with funds allocated from your Savings Account to your Trading account via the ‘Fund Hold’ feature.
2. The buy order is transmitted to the exchange.
3. Upon receiving a matching sell order, the trade is executed.
4. The transactional value is debited from your Savings Account.
5. Shares are automatically credited to your linked Demat account within two working days.
For sales
1. Initiate a sell order, with shares allocated from your Demat account to your Trading account via the ‘Hold Securities’ feature.
2. The sell order is transmitted to the exchange.
3. Upon receiving a matching buy order, the trade is executed.
4. The sell quantity is debited from your Demat account.
5. Funds from the sale are automatically credited to your linked Savings account within two working days.
*The (Most Important Terms and Conditions) for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose.
Frequently Asked Questions
A 3-in-1 Account integrates a Savings Account, Trading Account, and Demat Account into a single package. It allows you to deposit funds into your Savings Account, conduct securities transactions using your Trading Account, and store those securities in your Demat Account.
Traditionally, managing these accounts involves separate processes across different brokers and banks, often resulting in delays when transferring funds from a Savings Account to a Trading Account, which can take hours or even days. With a 3-in-1 Account, these transfers are streamlined. For example, when you purchase shares, funds are automatically allocated from your Savings Account to your Trading Account. The securities are promptly transferred to your Demat Account.
Here's how to open your 3-in-1 Account with simplified steps:
- Begin by clicking here to initiate the account opening process.
- Navigate to ‘Open Account Now’ and enter your mobile number and PAN details.
- Verify your Aadhaar through OTP for instant account number allocation.
- Complete the online application form as guided.
- Schedule a video KYC appointment at your convenience between 10 a.m. to 8 p.m. on regular banking days.
- Join the video conference link received via SMS or email at your appointment time.
- During the session, a bank representative will verify your PAN and capture your signature via camera.
- Once video KYC concludes, your account details for all three accounts will be shared shortly, with a Welcome Kit delivered to your doorstep.
Key tips before your video KYC session:
Ensure good network connectivity and adequate lighting.
- Have your original PAN Card ready.
- Keep a blank white sheet and a black or blue pen for signature.
The eligibility criteria for a 3-in-1 Demat Account typically require individuals to be resident Indian nationals aged 18 years or above. They must possess a valid Aadhaar linked to their mobile number for Aadhaar OTP-based KYC verification and have an original PAN card for video KYC. This account is particularly suitable for those looking to seamlessly integrate their Savings, Trading, and Demat accounts into a single platform, enhancing convenience and efficiency in managing investments and transactions. Eligibility may also extend to specific customer segments designated by the bank, such as preferred or premium banking customers, depending on the institution's policies.
HDFC Bank SmartInvest account is the all-new 3-in-1 account. With this digital application process, you can save , invest and grow your finances at the same time. With one single digital journey, your Savings/Salary + Demat + Trading Account can be opened at one go.
You can get the link from your Relationship Manager/any branch to get started with the account opening. As a customer, you can also visit the HDFC Bank website > Invest > Demat > 3-in-1 SmartInvest account and open the account.
All Indian residents – individuals, aged between 18 to 100 can open this account.
SmartInvest will help you to open Demat and Trading accounts along with Savings Account. The link for opening an account is the same which was used for Insta Savings Account. However, you can now apply for all 3 accounts (Savings Account + Demat + Trading) at the same time.
Yes, you can open only Savings Account/Salary Account without opting for Demat and Trading Account.
You will get an Instant Savings Account number (if the account is opened via Aadhaar EKYC). Demat and Trading reference number for Demat and Trading will be generated and displayed for your reference. Demat and Trading Account numbers will be generated and given to you only once the Savings Account is fully activated i.e. post completion of video KYC.
The Demat and Trading account will remain in registered mode and only the reference number would be shared with you. The Demat and Trading Account numbers will be generated and given to you only once the Savings Account is fully activated i.e. post completion of video KYC.
Once the KYC is completed for Savings Account i.e. Video KYC is completed, you will receive Demat and Trading account number. The accounts will be activated in 24 to 48 hours.
Prerequisites to be eligible for opening a SmartInvest Account are as below:-
- New to Bank Customer* - Resident Individual Only (should not have any other active/closed Savings Account opened in the past).
- Age between 18 to 100 years only.
- Mobile number used in the journey should be linked to its Aadhaar.
- PAN should be seeded with Aadhaar (regulatory requirement w.e.f Apr’1, 2022).
- PAN copy, Aadhaar copy and signature copy is mandatory to complete the journey.
- Camera option to be enabled for live selfie.
- Location access to be on.
- Savings Account to be full KYC(video KYC).
No, if you opt for any other ID proof instead of Aadhaar, then the Demat and Trading will not be activated till full KYC is completed.
Yes, it's mandatory to click a live selfie along with live location geo tagging for opening a 3-in-1 account. In case you are opening only a Savings Account, photograph upload option can be used.
- Allow webcam access to take live selfie photos.
- Please take a clear selfie photo and ensure that the entire face is clearly visible, the eyes are open and only one face is visible in the uploaded image. Make sure that the photo is not uploaded.
In case you submit different addresses for mailing and permanent, then the address as per Aadhaar would be captured for opening Demat and Trading account. The address in Aadhaar will be captured in both permanent and mailing address in Demat and Trading Accounts.
Yes, the nominee details like name, mobile number, email id, PAN card number, relationship with account holder, date of birth, need to be submitted for updation in Demat and Trading Account digitally in the trading account opening process. A maximum of three nominees can be updated in the account specifying the proportion for each.