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You are here: Personal Banking > Accounts & Deposits > Demat Account         

Demat Account
Features and Benefits
How to open an Account
T+2 Settlements
Transmission & Transposition
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Demat Account
With practically all trading being conducted electronically, most settlements happen through Demat (Dematerialisation of securities). The HDFC Bank Demat Account offers you a secure and convenient way to keep track of your shares and investments, how much you've bought and sold over a period of time, without the hassle of handling physical documents that get mutilated or lost in transit.

Features & Benefits
As opposed to the earlier form of dealing in physical certificates with delays in transaction, trading through Demat has the following benefits.

Settlement of Securities traded on the exchange as well as off market transactions.
Shorter settlements thereby enhancing liquidity.
Pledging and Hypothecation of Dematerialised Securities.
Electronic credit in public issue.
Receipt of non-cash benefits in electronic form
No stamp duty on transfer of securities held in demat form.
No concept of Market Lots.
Change of name, address, dividend mandate, registration of power of attorney, transmission etc. can be effected across companies held in demat form by a single instruction to the DP.

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    Just fill the Online Application Form and our representative will get in touch     with you shortly.

    Other Ways to apply :     *Conditions Apply

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How to Open an Account
T+2 Settlements
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What are the different categories of accounts that can be opened under an individual demat account?
Why should the investor dematerialise his securities?
Is DP on Net accessible only by the first holder of the demat account?
What is the procedure for nomination?
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