HDFC Securities is Equity Trading Company of HDFC Bank. This is one of the largest broker in India. HDFC Securities trading account provide a unique 4-in-1 feature that integrates your HDFC Securities trading account with your existing HDFC bank savings account,  Demat account and your Investment account. Funds / shares are seamlessly moved from the linked Demat/Bank account to execute the transactions. It also help in easy transfer and withdrawal of funds.

HDFC securities provides whole gamut of trading activities including Equity, Derivatives, Commodity and Currency trading.

HDFC BROKERAGE CHARGES

  • EQUITY:
Minimum Brokerage per order
(subject to ceiling of 2.5% of total traded value)
Resident NRI
Applicable for both Buy & Sell orders Rs.25/- Rs.25/-

Delivery Based Trades:

Brokerage Resident Indians – 0.50% or min Rs.25/- or ceiling of 2.5% on transaction value (Both Buy & Sell)For NRI’s – Brokerage 0.75% or min Rs. 25 or ceiling of 2.5% on transaction value (Both Buy & Sell)
Brokerage  scrips less than Rs.10 per share Minimum brokerage of Rs. 0.05/- per unit will be charged. Brokerage will be charged within the limits prescribed by SEBI / Exchanges. (Both Buy & Sell)

Square-Off Trades Cash & Carry Scrips:

Brokerage 0.10% or min Rs.25/- or ceiling of 2.5% on transaction value (Both Buy & Sell)
Brokerage  scrips less than Rs.10 per share Minimum brokerage of Rs. 0.05/- per unit will be charged. Brokerage will be charged within the limits prescribed by SEBI / Exchanges. (Both Buy & Sell)

Square-Off Trades  Margin Scrips:

Brokerage 0.05% or min Rs.25/- or ceiling of 2.5% on transaction value (Both Buy & Sell)
Brokerage  scrips less than Rs.10 per share Minimum brokerage of Rs. 0.05/- per unit will be charged. Brokerage will be charged within the limits prescribed by SEBI / Exchanges. (Both Buy & Sell)

***”Other taxes and levies (Transaction Charges & service tax )as prescribed by Govt and regulatory authorities would be applicable.

  • DERIVATIVES:

FUTURES MARKET:

Non-Square Off (Carry Forward) Trades:

Brokerage Resident Indians – 0.05% or min Rs.25/- or ceiling of 2.5% of transaction value (Both Buy & Sell)For NRI’s – 0.05% or min Rs.25/- or ceiling of 2.5% of transaction value (Both Buy & Sell)
Service Tax 10.30%on Brokerage (Till 31st March 2012)
12.36% on Brokerage (Effective from 1st April 2012)

Square-Off Trades:

Brokerage Resident Indians – 0.025% or min Rs.25/- or ceiling of 2.5% of transaction value (Both Buy & Sell)For NRI’s – 0.025% or min Rs.25/- or ceiling of 2.5% of transaction value (Both Buy & Sell)
Service Tax 10.30%on Brokerage (Till 31st March 2012)
12.36% on Brokerage (Effective from 1st April 2012)

OPTION MARKET : 

Brokerage Resident Indians – Higher of 1% of the premium amount or Rs.100 per lot (Both Buy & Sell)For NRI’s – Higher of 1% of the premium amount or Rs.100 per lot (Both Buy & Sell)

Apart from this brokerage, these taxes and STT would be applied to the trades.

Securities Transaction Tax (STT) 0.01% of transaction value (On Sell transaction) (Effective from 1st June 2013)
Stamp Duty 0.002% on turnover
SEBI Turnover Tax 0.0001% on turnover

Documents needed to open HDFC Brokerage account

  1. One passport size photograph.
  2. Copy of PAN card.
  3. Identity proof – copy of passport or PAN card or voter ID or driving license or ration card. Copy of PAN card can also be used as Identity proof.
  4. Address proof – copy of driving license or passport or ration card or voter card or telephone bill or electricity bill or bank statement.

To open a new account, please visit your nearest branch or apply online at

HDFC Security account opening

Want to open Account with CHEAPER & BETTER broker than HDFC

Comments

  1. brantan sp says:

    please explain it with example

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