Demat Account

As someone who's interested in regular trading, you need a well-resourced account to match your needs in a dynamic market scenario. As a leading depository participant, we offer you HSBC Demat Accounts, armed with an entire range of conveniences specially designed to make your money work harder.

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• Features & Benefits
• Service Charges and Fees
• Do's and Dont's
• FAQs

HSBC Demat Accounts are especially designed to give you the edge in the stock markets today

• You can purchase, hold and sell shares in electronic form
• Get your Holding statement every 3 months, showing current portfolio of shares
• As an NRI, you can easily dematerialise your portfolio of shares in India with us*
• If you already hold an HSBC Current/Savings account, there be no account opening charges and no minimum balance requirements for your Demat Account
• You can save on transaction costs with quick transfers
• Say goodbye to risk of loss, theft or mutilation of shares
• Now, stop worrying about bad deliveries, forgeries and duplicate share certificates

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For any queries or clarification on Demat accounts, please write to us through secure internet banking. Alternatively, you may write to us at retaildematqueriesinm@hsbc.co.in. In case of any grievances that you may have, please refer to our grievance redressal policy.

• To open and operate your demat account, copy of PAN card of all account holders is to be submitted to us along with original PAN card, for verification
• The demat account has a nomination facility and it is advisable to appoint a nominee to facilitate your heirs in obtaining the securities in your demat account, on completion of the necessary procedures
• Intimate any change of address or change in bank account details to us immediately
• Register for Internet based facility to monitor your demat account yourself
• In order to receive all the credits coming to your demat account automatically, you can give a one-time, standing instruction to us
• Before granting Power of Attorney to anyone, to operate your demat account, carefully examine the scope and implications of powers being granted
• Verify your transaction statement carefully for all debits and credits in your account. In case of any unauthorized debit or credit, inform us
• While accepting the Delivery Instruction Slip (DIS) book from us, ensure that your BO ID is pre-stamped on all pages along with the serial numbers
• Keep your DIS book safely and do not sign or issue blank or incomplete DIS slips
• For market transactions, submit the DIS ahead of the deadline time. DIS can be issued with a future execution date
• Strike out the empty space, if any, in the DIS, before submitting to us
• If any unauthorized debit is noticed, the BO should immediately inform us, in writing. An email may be sent to us at retaildematqueriesinm@hsbc.co.in

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