Service to Employee Trust

Key Benefits of Service to Employee Trusts

  • Secure Custodian Services
  • Protect your securities from loss, theft, damage, or destruction.
  • RBI Auction Updates
  • Stay informed about RBI auctions and get assistance with bidding and settlements.
  • Dematerialisation of Securities
  • Convert your securities to dematerialised mode for easy management.
  • Automatic Credit Deposits
  • Incoming credits are immediately deposited into your account.
  • Regular Statements
  • Receive consistent updates on interest, redemption, and payment transactions.
  • Professional Investment Advice
  • Receive expert guidance and superior banking products to manage your investments.
  • Account Monitoring
  • Request statements or use 24x7 PhoneBanking to check your account status anytime.
  • For more information, email fig@hdfc.bank.in

More About Services To Employee Trusts

Improve efficiency and returns on your employee trusts benefit programs with HDFC Bank’s customised range of custodial, investment, and banking services. Enjoy the dual advantages of a secure depository and the smooth administration of your securities. Put your employee benefits programs in safe hands.

*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

An Employee Trust is established to manage and administer benefits for employees. It acts as a legal entity to hold funds or assets for the welfare of the workforce, ensuring fair and transparent distribution of benefits.

A Trust for Employee Benefits is a fiduciary arrangement where funds are set aside for employee-related expenses like pensions, health insurance, and bonuses. It’s designed to secure employees’ financial interests and provide long-term benefits.

Building an Employee Trust would involve assigning trustees, getting requisite approvals, setting up governing rules, and finding a partner like HDFC Bank that offers custodial, investment, and banking services.