IFSC Demat Product:

HDFC Bank – IBU is the first entity to get registration as a Depository Participant for opening and servicing clients for IFSC Demat account. By opening the IFSC Demat account, the investor may be able to hold and transact in approx. 50 US-listed securities and hold Unsponsored Depository Receipts, also known as UDRs, in the IFSC Demat account.

IFSC Demat account features:

The key product features of the IFSC Demat account are as below:

  1. Invest in US-listed securities

  2. Simple and Secure transaction processing

  3. Tracking the performance of investments

How to Open a IFSC Demat account:

  1. Visit any of the branches for opening of IFSC Demat account

  2. Fill the form for IFSC Demat account. Click here to download the IFSC Demat Account opening form
  3. Submit the requisite documents:

    1. PAN

    2. Officially Valid Documents (OVD) as address proof i.e., Passport, Voter’s ID card, Aadhaar, Driving Licence

    3. Income Proof i.e., Salary Slip, IT returns, Bank Statement
  4. Submit the filled-up form to the branch to get your IFSC Demat account opened