HDFC Bank and HDFC Securities DigiDemat & Trading facility lures 15,000 customers in just 30 days

Due to coronavirus lockdown situation in the country, HDFC Bank has seen a surge in the number of applicants for its newly launched DigiDemat cum Trading facility. This service is offered to select, existing customers of the bank in partnership with its subsidiary HDFC Securities. Since its launch about a month back, DigiDemat & Trading has secured more than 15,000 new customers.

Notably, this facility is currently available only for selected existing HDFC Bank account holders who can open a Demat account with HDFC Bank and Trading account with HDFC Securities using Netbanking credentials. 

How to open HDFC Securities DigiDemat &Trading account:
1. Eligible customers can register through the link shared with them by logging into their account. 
2. After basic KYC and setting preferences, the users will be asked for video in-person verification and their Aadhaar-enabled e-signature.
3. It takes about 5 minutes to open a demat account and approximately 15 to open a trading account. 
4. The applicant would be able to start investing after account approval and this takes 2 to 24 hours. 

The best part is that the customers do not need any physical documents for opening of account.

Eligibility:
Digital Demat & Trading Account facility is available for resident Indians with single owner accounts with the bank. The customer’s account number is shared immediately to enable them to invest quickly.

Key Features of Digital Demat:
· Paperless and Hassle-free Demat & Trading account opening

· Improves Turnaround Time

· Provides customer convenience and delight

· Enables investment from safety of the home

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· For details, you can visit the official website at www.hdfcbank.com