We offer you HSBC Demat accounts, armed with an entire range of conveniences specially designed to make your money work harder.
Features & Benefits
Basic savings bank deposit account offered by HSBC India lets you avail banking services without fees or minimum balance in account.
HSBC enables you to enjoy all the benefits of a savings account coupled with the high returns of a fixed deposit.
*Approvals required as per extant RBI guidelines.
For customers, new format of the Demat Delivery Instruction Slips (D.I.S.) have been sent to you recently and we urge you to use them going forward. Delivery instructions received in the old D.I.S. format would not be processed and is liable to be rejected if the same is received after 30 days of the receipt of the new D.I.S. booklet or after 6 January 2016, whichever is earlier. For any assistance, do approach the Demat service desk at your nearest HSBC India branch.
Know your Customer (KYC) is a one time exercise and is required while dealing in the securities markets.
Please note that you can update your KYC documents at any one of the SEBI (Securities Exchange Board of India) registered intermediaries, i.e. a broker, or a Depository Participant (DP) or a Mutual Fund Asset Management Committee (AMC), etc.
If you have updated your KYC documents at any one registered intermediary, then you need not undergo the same process of KYC update, when you approach an alternate SEBI registered intermediary.
For investors, prevent Unauthorized Transactions on your demat account.Update your Mobile Number with us, your Depository Participant. Receive SMS alerts on your Registered Mobile number for all debit and other important transactions on your demat account, directly from NSDL (National Securities Depository Limited) / CDSL (Central Depository Services (India) Limited) on the same day. Please provide your written instructions to update your number at the Demat Service Desk of your nearest HSBC India branch. This notice is issued in the interest of investors.
For customers, NSDL has developed a new facility on NSDL C.A.S. microsite (https://nsdlcas.nsdl.com/) whereby clients can submit their request to receive statements of accounts in electronic mode (i.e. eC.A.S.) and also update their email ID for the same. Further, these details recorded on the NSDL C.A.S. microsite will be updated directly in their demat account.
Client should ensure the following:
Step 1: Client must ensure the confidentiality of the password of Email account.
Step 2: Client must promptly inform the participant if the email address has changed.
Step 3: Client may opt to terminate this facility by giving 10 days prior notice. Similarly, participant may also terminate this facility by giving 10 days prior notice.