FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha Trade@20
HDFC Securities, the Mumbai-based full-service broker offers a 3-in-1 NRI account opening facility for trading & investment. With a 3-in-1 account, NRIs can trade & invest in various products & services including but not limited to equity, F&O, IPO, ETFs, mutual funds, and bonds & NCDs. Here, on this page, check the complete comprehensive HDFC Securities NRI Account Review with the types of account, benefits, account opening process, charges, brokerage, and others.
NRIs excluding the US and Canada-based NRIs can open a 3-in-1 account with HDFC Securities.
HDFC 3-in-1 NRI Investment account combines 3 accounts that are NRI Bank Account, NRI Trading Account, and NRI Demat Account.
To open HDFC Securities NRI 3-in-1 account by linking your trading account, demat account, and bank account, leave your information with us and the customer representatives will call you back.
HDFC Securities NRI offerings include;
Key Considerations
NRIs need 4 types of accounts to trade with HDFC Securities including NRE/NRO Regular Saving Account, NRE/NRO PIS Savings Account, HDFC Securities NRI Demat Account, HDFC Securities NRI Trading Account. To open 3-in-1 NRI Investment Account, follow the below process;
NRIs are required to send a list of documents to the broker for opening a 3-in-1 account, mentioned below
Above mentioned documents need to be attested by a notary public, magistrate, any court, judge, a local banker with bank seal, name, designation and employee code, and Indian Embassy.
Check here the HDFC Securities NRI trading and demat account opening charges
S. No. | Particulars | Charges |
---|---|---|
1. | NRI Trading Account Opening Charges | Rs. 2500 |
2. | NRI Trading Annual Maintenance Charges(AMC) | Rs. 0 |
3. | NRI Demat Account Opening Charges | Rs. 0 |
4. | NRI Demat Account AMC | Rs. 750 (2nd year onwards) |
5. | PIS (Portfolio Investment Scheme) Approval Issuance Fee | Rs. 1000 |
If you don’t have NRE/NRO savings account with HDFC Bank Ltd, then you have to open it by providing a cheque amounting Rs. 16,000. NRI clients already have HDFC bank account, don’t need to give such cheque.
HDFC Securities NRI brokerage charges for equity delivery-based trades, equity future segment, and equity options brokerage are listed below:
S. No. | Particulars | Brokerage charges |
---|---|---|
1. | Equity delivery-based trades | 0.75% |
2. | Equity Future (square off) | 0.025% (both buy & sell side) |
3. | Equity Future (carry forward trade) | 0.05% (both buy & sell side) |
4. | Equity Options | Rs. 100/lot |
5. | Minimum brokerage | Rs. 25 each trade |
6. | Other charges: GST | 18% on brokerage |
7. | Securities Transaction Tax | 0.1% on transaction value |
All the trading platforms that are being available to an Indian resident are available to NRIs as well, includes the following;
HDFC Securities offers mutual funds investment facilities to NRIs, through which, NRIs can invest in different types of mutual fund schemes. They can further check their investment portfolio anytime such as fund NAV, investment value, growth value etc. and also redeem the investment as per their requirement.
HDFC Securities has a customer support team that is available on phone as well as email. NRIs can connect with HDFC Securities through any mode.
Last Updated on 2023-11-09