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Stock Brokers

Invest in the growth of your brokerage business with HDFC Bank’s finance and banking products designed for stock brokers.

Raise funds for short-term cash flow or working capital needs; offer e-broking services to your customers; manage your collections and disbursements more efficiently and provide your employees the benefit of world-class banking.

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Fund-Based Services

Meet your working capital requirements easily

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Loan Against Securities

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  • Get an overdraft against the shares you hold to tide over cash flow issues
  • Lower your cost by paying interest only on the amount you draw
  • Enjoy overdrafts against your fixed deposits, as well

For more information write to us at capitalmarkets@hdfcbank.com

Structured Products

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  • Raise funds at competitive rates
  • Meet your financial obligation to exchanges
  • Fund your working capital needs


For more information write to us at capitalmarkets@hdfcbank.com

Non-Fund Based Services

Fulfil your margin and base capital needs with bank guarantees

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Bank Guarantees To NSE/BSE

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  • Meet your base capital needs
  • Use bank guarantees for security deposit
  • Complete your exchange margin requirements

For more information write to us at capitalmarkets@hdfcbank.com

Bank Guarantees To Professional Clearing Members

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  • Meet your base capital needs
  • Use a guarantee for security deposit
  • Meet your exchange margin requirements

For more information write to us at capitalmarkets@hdfcbank.com

Transaction-Based Services

Enable smoother transactions for your customers

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Settlement Activities

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  • Enjoy the services of a dedicated relationship manager
  • Get settlement services in equity, derivative, currency and commodity exchanges
  • Avail of services across our network

For more information write to us at capitalmarkets@hdfcbank.com

Payment Gateway

  • Expand your customer base by offering online trading
  • Enjoy a highly secure, state-of-the-art platform
  • Avail of seamless collections and payments

Enet

  • Seamless fund transfers from client to settlement account
  • Make pay outs one-to-one or with bulk uploads
  • Pay your employees in one go with salary uploads

Cash Management Services

  • Manage your fund flows more effectively
  • Get collection services with or without a HDFC Bank current account
  • Enjoy at-par facility for statutory payments

Others

From salary and DP accounts to loan against G-secs, benefit from HDFC Bank’s bouquet of services

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Corporate Salary Accounts

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  • Give your employees the benefit of a zero-balance account with premium features
  • Directly credit employee accounts
  • Save administrative time and costs

For more information write to us at capitalmarkets@hdfcbank.com

DP Accounts

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  • Open and manage your DP Pool accounts
  • Get a beneficiary account if you are a broker member
  • Enjoy competitive rates

For more information write to us at capitalmarkets@hdfcbank.com

Custodial Services

  • Open demat and bank accounts with minimum lead time
  • Enjoy straight through processing for seamless handling of large volumes
  • Keep your securities in a safe deposit vault

Professional Clearing Member Of NSE Derivatives

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  • Avail of regular and structured products to finance your needs
  • Get support of a dedicated relationship team
  • Benefit from our expertise as a leading clearing bank for exchanges

For more information write to us at capitalmarkets@hdfcbank.com

Institutional Contract Funding

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  • Leverage your institutional contracts to raise short-term funds
  • Enjoy competitive interest rates
  • Get support from a dedicated service team

For more information write to us at capitalmarkets@hdfcbank.com

Loan Against Government Securities And Other Debt Instruments

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  • Get an overdraft against the securities you hold to tide over cash flow issues
  • Lower your cost by paying interest only on the amount you draw
  • Enjoy overdrafts against your fixed deposits, as well

For more information write to us at capitalmarkets@hdfcbank.com

Mutual Funds Service System

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  • Buy or redeem units of mutual fund schemes using the existing network
  • Get more efficient clearing and settlement services
  • Benefit from HDFC Bank’s extensive network and expertise

For more information write to us at capitalmarkets@hdfcbank.com

Penal Fees & Charges


Please note the following Penal fees & charges applicable based on the instance. This is also communicated in our offer/ sanction letter.


Sr. No.

Instance

Charges per instance

1

Late payment penal charge/s on delayed payment of EMI(s)

Up to 2% p.m. penal charge (from date of default to regularisation) – computed in absolute terms + relevant GST will be applicable on the outstanding EMI amount(s) per month on a cumulative basis.

2

Delay in submission of documents for disbursement or renewal of facilities on time

Up to 2% p.m. penal charge (from date of overdue to regularisation) – computed in absolute terms + relevant GST will be applicable on the sum of limits of revolving lines and or principal outstanding of non-revolving lines.


Not applicable on ODFD, 100% FD backed facility/ies, PSR & DRUL lines.

3

Delay in submission of Letter Acknowledging their Debt (LAD) 

Up to 2% p.m. penal charge (from date of overdue to regularisation) – computed in absolute terms + relevant GST will be applicable on the sum of limits of revolving lines and or principal outstanding of non-revolving lines.

4

Non-compliance/ Breach of facility covenants

Up to 2% p.m. penal charge (from date of default to regularisation) – computed in absolute terms + relevant GST will be applicable on the sum of limits of revolving lines and or principal outstanding of non-revolving lines.

5

Non-submission or delay in submission of Insurance for Property/ Stock/ Plant & Machinery held as collateral for facilities.

Up to 2% p.m. penal charge (from date of policy expiry to regularisation) – computed in absolute terms + relevant GST will be applicable on the sum of limits of revolving lines and or principal outstanding of non-revolving lines.


Not applicable on ODFD, 100% FD backed facility/ies, PSR, DRUL and or lines where the said collateral is not pertinent.

6

Non-submission or delay in submission of Stock Statement(s)

Up to Rs. 5,000/- + relevant GST per delayed submission. If the submission isn’t received within 15 days from the submission due date, Bank will drop the drawing power on the facilities.


Not applicable on ODFD, 100% FD backed facility/ies, PSR, DRUL & Non-DP backed lines.

7

Incremental Interest on Temporary Overdrafts (TOD) 

Up to 1.5% p.m. + relevant GST computed in absolute terms on the TOD amount availed for the days, TOD is used.