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Want to trade with HDFC Sky, at first, set up an HDFC Sky account online with no paperwork. You can open a free demat and tradingaccount at Rs 0 fee. Yes, the new-age discount stockbroker allows residents to open a free account and also, the demat account maintenance charges (AMC) are minimal at just Rs 240 per annum.
Read more about the HDFC Sky online account opening process, documents required to be submitted for KYC, account opening forms, charges, and brokerage fees. Also, check how to close your account in HDFC Securities to switch to HDFC Sky?
Is HDFC Sky offers free account opening? Yes, there are no charges to open a demat and trading account with HDFC Sky. Also, the demat AMC charges look highly competitive at just Rs 240 annually + GST, lower than other top discount brokerage houses like Zerodha and 5paisa.
Transaction | Charges |
---|---|
Trading Account Opening Charges | Free |
Trading AMC | Free |
Demat Account Opening Charges | Free |
Demat AMC | Rs 240 PA (Free for 1st year) |
Open HDFC Sky account online in a completely paperless way. If you have linked your Aadhar card to your mobile number, you can open HDFC Sky Demat account online in just 15 minutes. The online account opening process is digital and less time-consuming as you can open an account and start trading or investing on the same day.
Open HDFC Sky trading and demat account and experience a seamless investing journey at no hassle.
Steps to open HDFC Sky Demat and Trading Account online;
Below is the complete list of documents you have to provide to HDFC Sky to open a trading account;
Note: Additionally, you have to e-sign the KRA submission form and account opening form digitally using Aadhar-based OTP validation.
Once you have requested to open HDFC Sky trading account you have completed all the steps successfully and digitally signed the forms. Your account setup process is completed at your end, now all the details will undergo the verification process by the HDFC Sky customer service team. And, the demat and trading account will be opened in 2-3 working days.
Once your account gets activated, you will receive an email from the broker with your HDFC Sky account user ID and password. Use the account credentials to log in to the HDFC Sky app and website.
If you already have a trading cum demat account with HDFC Securities and now, you want to switch to HDFC Sky discount broking platform. You have to close your existing HDFC Securities account through the E-closure facility and open a new account with HDFC Sky. You can only close your account if you have no pending dues, open positions, and no negative balances.
HDFC Securities allows customers to close their accounts online through the e-closure portal. There are no charges to close your account. Follow these steps to initiate your HDFC Securities demat account closure process;
HDFC Sky, a discount broking house of HDFC securities is a new-age broker that offers free account opening, trading and investment on BSE, NSE, and MCX, best-in-class app and web-based trading platforms, and also offers you research and advisory services.
Open a free HDFC Sky trading and demat account online in a completely paperless manner.
There is no account opening offer with HDFC Securities.
HDFC Sky doesn't have any promo code/promo coupon for new account openings.
HDFC Sky doesn't have any referral bonus scheme.
UPI is the most convenient option to transfer money to your HDFC Sky account for free. Here is the process to add funds through UPI;
Follow below steps to withdraw funds from HDFC Sky Trading account;
Yes, although adding money to your HDFC Sky trading account using UPI is simple, convenient, and free, but it allows maximum fund transfer of up toRs 1 lakh.
You can add a minimum of Rs 100 to a maximum of Rs 1 lakh through UPI to your HDFC sky account.
You can log in to the HDFC Sky trading account on mobile application or trading website. Here’s the process to log in to our HDFC Sky account :
Any resident in India can open a HDFC Sky account. The broker allows residents to open a 2-in-1 account means trading and demat account.
You can use HDFC Sky account to trade or invest in equity, derivatives, commodities, currencies, mutual funds, and even invest overseas in US companies.
Last Updated on 2023-11-09