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You are here: Commodity Markets Business > Financial Institutions & Trusts > Commodity Markets Business         

Commodity Exchange Business
Overview
Financial Institutions & Trusts
Overview

HDFC Bank is the leading clearing bank for :- Multi Commodity Exchange of India limited (MCX) , National Commodity & Derivatives Exchage limited (NCDEX), National Multi Commodity Exchange of India limited (NMCE), Indian Commodity Exchange limited ( ICEX), ACE Derivatives & Commodity Exchange (ACE), National Spot Exchange limited (NSEL), NCDEX Spot Exchange limited (NCDEX Spot), Indian Energy Exchange (IEX), Power Exchnage of India limited (PXIL) offering a range of products and services in the Commodity Markets Business.

We offer following products & services for the members of these exchanges.

1. Clearing Bank Services
2. Depository Services in NSDL & CDSL
3. Custodian Services for pledge of securities
4. Working Capital Facilities as per banks policy
5. Real time on-line access to accounts via E-net, a net-banking solution specially developed for Corporate Business segments.
6. Operation of the account on facsimile basis (with prior indemnity)
7. Cash Management Services for effective collection & disbursement of funds
8. Electronic funds transfers (clear funds) across our branches
9. Payment Gateways
10. Corporate Salary Accounts
11. Pay-orders & Drafts on HDFC Bank locations.
12. Participation in RTGS system of clearing introduced by RBI.
13. Dedicated Relationship Managers to serve you.
14.Dedicated Operations Support at Motwani Branch, Fort Mumbai.
15.Support in the evening for additional capital confirmation at Motwani Branch, Fort Mumbai

For detailed information, please email Shivayogi.Kubasad@hdfcbank.com, Samit.Mehta@hdfcbank.com