
HDFC Sky Ltd is the Depository Participant (DP) with CDSL. HDFC Sky Ltd Demat charges details includes account opening charges & Annual Maintenance Charges (AMC), transaction charges, Demat and Remat charges, pledge charges, failed Instruction charges and other charges.
| Transaction | Charges |
|---|---|
| Trading Account Opening Charges | Free |
| Trading AMC | Free |
| Demat Account Opening Charges | Free |
| Demat AMC | Rs 240 PA (Free for 1st year) |
| Type | Details |
|---|---|
| DP Source | CDSL |
| Demat Account Annual Maintenance Charges (AMC) | ₹750 pa |
| Statutory Charges (Stamp Charges payable upfront) | Nil |
| Advance Deposit | Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- |
| Transaction Charges (Market Trades) | |
| Buy (Receive) | ₹ 0 |
| Sell (Debit) | 0.04% (Min ₹20) + CDSL charges |
| Demat & Remat Charges | |
| Demat | ₹5 per certificate + ₹35 request charges |
| Remat | ₹30 |
| Pledge Charges | |
| Pledge Creation | Nil |
| Pledge Creation Confirmation | 0.04% of transaction value (Min ₹40) |
| Pledge Closure | Nil |
| Pledge Closure Confirmation | 0.04% of transaction value (Min ₹40) |
| Pledge Invocation | 0.04% of transaction value (Min ₹40) |
| Failed Instruction Charges | Nil |
| Other Charges Demat | — |
| Remarks | Nil |
Yes, HDFC Sky offers free demat and trading account or there are no charges to open an account with HDFC Sky. Also, the demat maintenance fee is zero for the first year and thereafter Rs 20 per month AMC is applicable.
Demat AMC is a service fee charged by broker to maintain demat account. At HDFC Sky, the broker charges Rs 20 monthly maintenance fee means AMC fee is charged every month. Thus, annual AMC charged is Rs 240 per annum plus applicable GST.
There is no AMC fee charged on the Demat account for the first year.
Yes, any resident can open HDFC Sky trading and demat account online using its mobile app or website. All you need to do is account sign-up, complete KYC verification, upload requisite documents, and e-sign the account opening form.
Once your account set up process is complete, you can start trading on BSE, NSE, and MCX.