HDFC Bank Ltd provides convenient facility called 'SPEED-e' (Internet based transaction) whereby account holder can submit delivery instructions electronically through SPEED-e website (https://eservices.nsdl.com). SPEED-e offers secured means of transaction processing eliminating preparation of instruction slips and submission of the same across the counter to the depository participant. The 'IDEAS' facility helps in viewing the current transactions and balances (holdings) of Demat account on Internet on real time basis.

Both Depositories (NSDL and CDSL) have introduced a facility to hold mutual fund units in demat account. To do this demat account holders can:

1. Provide their demat account details to the Asset Management Company (AMC) / Registrar and Transfer Agent (RTA) for allotment of mutual fund units to their demat account vide new fund offering (NFO)
2. Submit a request to their Depository Participant (DP) for conversion of existing mutual fund units held via statement of account into demat form
3. Buy mutual fund units through the stock exchange platform

Accordingly investors can now have a single demat account Transaction / Holding Statement for shares, debentures and mutual fund units.

Demat account holders can opt for redemption of these mutual fund units held in their demat account through their DP or via the stock exchange platform.