How to open a demat HDFC account online: step by step guide (Representative image) & nbsp | & nbspPhoto Credit: & nbspiStock Images
HDFC Bank offers demat account services to clients. The Demat account is a secure, online and seamless mode that stores and tracks your investments. You can even have zero shares in your demat account as you have no minimum requirement on multiple shares.
Store your investment in electronic format. The demat account can contain all investments, including mutual funds, bonds, stocks, etc.
The Demat HDFC account is ideal for merchants and also offers many benefits. To start trading and investing in the stock market, anyone can open an HDFC Demat account regardless of age. You must complete the details of the PAN card, your identity and proof of address, and also complete a KYC form.
Both minors and adults can invest in stocks. Therefore, parents can also open a demat account on behalf of a minor. Until the minor reaches adulthood, the parents will be in charge of the account.
You can open an HDFC Demat account through Net Banking or by visiting the branch. Non-HDFC customers can visit the bank branch and send copies of the original documents along with the checkbook. You must also complete the account opening form and KYC at the bank. This is how you can open a demat HDFC account online.
How to open a demat HDFC account online
Log into HDFC net banking with your credentials. Now click on ‘Open Demat account’.
Click on the ‘Apply online’ option and the form will be right in front of you on the screen.
Fill in the details
Fill in the required details on the form. After this click the checkbox to authorize HDFC securities reps to call you.
Now, you need to click the Submit button.
Verification of details
After shipping, you will receive a message and receive a call from the HDFC securities representative to verify details.
Send an e-mail
After verification, you must send an email with your proof of identity, proof of residence.
The final step
You will receive the message “Successful opening of the HDFC Demat account” on the registered mobile phone number once done.