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Demat account holders will be provided with a monthly transaction cum billing cum holding statemet, if there are any transaction took place during the month.
All the demat account holders will be provided a quarterly holding statement on a quarterly basis.
Incase of 1st holder of a demat account has a savings / current account with HDFC Bank, he can access his demat holdings as of the previous day through Internet. The account holder has to register for a "netbanking" and "dp on net".
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Disclaimer:
Whatever have been stated above are in the good interest of the Investor / Demat Applicants / holders to provide a brief picture about the depository system. You are requested go through the guidelines of the depositories before taking any further action. For detailed guidelines, you are requested to approach your nearest HDFC Bank branch. HDFC Bank will not be responsible for any misunderstanding / act based on the above. Also HDFC Bank might ask for additional information / documentation than what has been stated above to process your application / instruction.
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