NRI WEB FORM

K
AN
BL
 CHECKLIST FOR ENSURING NRI DEMAT/HSL ACCOUNTS ARE FIRST TIME RIGHT

Details for verification Page no. Tick ()

Application Form type, to be mentioned. 1
General Sourcing Branch Code & Name(if applicable), to be mentioned & consistent across pages. 1,3,6,11
Branch Inward Stamp, Auth Signatory Name, EmpCode, Seal of Branch, should be available & consistent across pages. 1,3,6,12
Mandatory tick/mention on Prefix / Existing Customer / Gender / Martial Status / Date of Birth / Nationality. 3
Applicant Name should match with Income Tax records
Father's name, to be mentioned. 3
Proof of identity specification with Valid Till details, to be mentioned. 3

KYC Form Identification document & details are mandatory 3

Selection of Address as Residence or Office, to be mentioned. 3
Land line if provided, should be with Country & STD Codes, to be mentioned. 3
Mandatorily Mobile & email id required along with family flags, to be mentioned. 3
IPV Details should be complete with Designation, Employee details, seal, signatures and date. 3
Financial (i.e. Gross Annual Income/ Networth and occupation) Details, to be mentioned. 4
Mandatory to select Depository i.e. NSDL or CDSL for A/c Opening, to ensure. 5
LG Code & LC Code, to be mentioned & should be consistent across pages. 1,5,9
Number of Holders, to be mentioned. 5
Demat AOF
In case Dividend A/c is Non HDFC Bank A/c then photocopy/cancelled cheque leaf is required, to be attached. 5
Tick on - SMS Alert Facility ("YES"), to be mentioned. 5
Tick on - Mode to receive Statement, to be mentioned. 5
Tick on - DP on NET FACILITY, to be selected. 5
(Highly Recommended) Nomination Form, details of Nominee to be mentioned (details of Guardian required only if 7
the Nominee is a Minor).
(Highly Recommended) Nominee identification details, either of the details to be provided (Self attested Copy of Aadhar with 7
Nomination Form consent or alternate Proof of Idendity required).
Nomination Form, details of Witness to be mentioned only when with thumb impression provided instead of signatures by any 8
of the holders.
Scheme Type, to be mentioned. 1
Mandatory to tick on - "Monthly" or "Quarterly", for settling the Trading Accont. 2
Strick off "Physical" under concent for aditional Rights & Obligation / Tariff Sheet. 2
AOC amount as per consent letter, is to be mentioned. 2
Name of Applicant, to be mentioned. 3,11
Proof of Income given for F&O, to be mentioned. 11
Tick on - Past Action on client, to be mentioned. 11
Trading AOF Tick on - Dealing through other Brokers / Sub Brokers, to be mentioned. 12
Tick on - ECN or PCN, to be mentioned. 12
Tick on - Internet trading Facility, to be mentioned. 12
Tick on - Experience in Trading, to be mentioned. 12
Mandatory signature required on MITC / Good Till date policy & MITC_Research 13,14
Tick on - Gross income amount, to be mentioned. 4
Tick on - Occupation type, to be mentioned. 4
TAX Identification details (as per FATCA/CRS country ) are mandatory if customer is Tax Resident Other than India. 4
FATCA & CKYC Form Mother's Name, to be mentioned 3
Gender & Marital status, to be mentioned. 3
Documents received in - Physical Form or Electronic Form, to be mentioned. 2
Customer to sign @ 26 Places, 6 for Demat, 18 for trading & 2 for PIS 16 pages
Signatures
Witnesses signature required, for Demat AOF only when the Thumb Impression is affixed by any of the holder. 8

General but IMPORTANT Checks

Always use the new version of forms, refer mail from CPU and check version of form (it should be the latest).
Name of the applicant between AOF/PAN/ID & Address Proof /POA/R&O/Income Tax site/Birth Certificate should be consistent.
Self attested + clear readable copy of PAN and Proof Of Identity & Proof of Address to be submitted by ALL applicants.
Original seen & verification stamp by the Bank Staff to be affixed on PAN card copy, POI and Proof of Address copy.
In case the photo on POI copy is not clear, alternate self attested ID proof to be provided.
Photograph affixed and signed across such that part of signature is on the photo and part is on form.
Combined Aadhaar Consent letter required, if Aadhaar Card copy is provided as supporting document.
Consent Letter to be attached as per scheme and AOC, also check if scheme proof required.
Contact application page (Mobile / Email declaration page).
All Alterations/Corrections are attested by the customer.
Strike off blank spaces on page 3,4

Strike off blank spaces on page 3,4

Branch code Branch Name

Employee Code
& Name
Signature Date
 HBL & HSL 4-in-1 Demat AOF

UDN
3108672965

Application Form (Please tick relevant boxes): 3 in 1 form 2 in 1 form 1 in 1 form

Type of Account (Please tick one)  Resident Indian NRI-Repatriable (NRE) NRI-Non Repatriable (NRO) Foreign National

Scheme Type
LG Code LC Code Company Code Branch Code
Branch Name

Branch Inward Stamp & CPU Inward Stamp &

Authorised Signatory with Authorised Signatory with
Stamp Stamp

INDEX
Name of the document Brief Significance of the document Section Page No.
MANDATORY DOCUMENTS AS PRESCRIBED BY SEBI & EXCHANGES
A. KYC form - Document captures the basic information about the
PART A 3, 5, 21
constituent and an instruction/check list.
Account Opening Form
B. Document captures the additional information about the constituent relevant to PART A 11, 12
trading account and an instruction/check list.

Document stating the Rights & Obligations of stock broker/trading member,

Rights and Obligations sub-broker and client for trading on exchanges(including additional rights & PART B 1
obligations in case of internet / wireless technology based trading).
Risk Disclosure Document (RDD) Document detailing risks associated with dealing in the securities market. PART B 7
Document detailing do's and don'ts for trading on exchange, for the education
Guidance note PART B 11
of the investors.
Policies and Procedures Document describing significant policies and procedures of the stockbroker PART B 14
Document detailing the rate/amount of brokerage and other charges\levied on
Tariff sheet the client for trading on the stock exchange(s)(to be added by the stock broker) PART B 19

VOLUNTARY DOCUMENTS AS PROVIDED BY THE STOCK BROKER

Master Mandate + Bank Mnadate + Document required for linkage of Bank and demat account for experience of PART A 15, 16
DDPI seamless trading in securities
Additional Non mandatory Confirmation of Additional Rights and Obligations for seamless trading
PART A 2
Rights & Obligations experience
Running Account Authorisation from client on maintenance of the funds / securities balances on PART A 2
Authorisation running basis
HDFC SEC NRI / VERSION 40 / March - 2025

Other Consents Consent to receive commercial call and / or sms PART A 2

Documents Required Documentation Requirements for 3-in-1 forms for NRI's & PIO's PART A 21

Registered Office Address: I Think Techno Campus, Building - B, “Alpha”, Office Floor 8, Kanjurmarg (East), Mumbai - 400042.
Ph.: (022) 3075 3400 Website: www.hdfcsec.com (CIN - U67120MH2000PLC152193)
Correspondence Office Address: 6th Floor, Lotus Park, Lane no 16., Wagle Industrial Estate, Thane West, Thane,
Maharashtra 400604. Ph.: (022) 6246 5555
Compliance Officer Name, Phone No. & Email ID: Mr. Murli V Karkera, (022) 6915 1436, complianceofficer@hdfcsec.com
CEO/M.D. Name, Phone No. & Email ID: Mr. Dhiraj Relli, (022) 6915 1441, md@hdfcsec.com

1
 SEBI Registration No. INZ000186937 (NSE, BSE, MSEI, MCX) For any grievance/dispute please contact HDFC
NSE Trading Member Code 11094 Securities Ltd. at the above address or email id-
BSE Clearing No. 393 services@hdfcsec.com and Phone no.: (022)
MSEI Trading Member Code 30000 6246 5555
MCX Member Code 56015 In case not satisfied with the response, please
AMFI Reg No. ARN -13549 contact concerned exchanges BSE at
PFRDA Reg. No. POP 11092018 is@bseindia.com and Phone no. 022 2272 8097
IRDA Corporate Agent Licence No. CA0062 and NSE at ignse@nse.co.in and Phone No. 022
Research Analyst Reg. No. INH000002475 2659 8190
Investment Adviser INA000011538
CIN U67120MH2000PLC152193
HDFC Securities is registered as a trading cum clearing member in all exchanges
Please note that HDFC Securities has a proprietary trading desk. This desk maintains an arm’s length distance with the Research team and
all its activities are segregated from Research activities. The proprietary desk operates independently, potentially leading to investment
decisions that may deviate from research views.
(A) RUNNING ACCOUNT AUTHORISATION
I confirm that my account may be maintained on a running account basis, whereby instead of paying any amounts or securities
(lying in Client Collateral Account / Collateral Account) representing mark to market profits, you shall retain, withhold, set-off and / or
appropriate the same for such purposes and in such manner as you deem fit and release the funds and / or securities (lying in Client
Collateral Account / Collateral Account) due to me, on my specific request, either written or oral. I am aware that I have the right to
amend or revoke this authorisation, at any time, by way of an amendment / revocation letter.
I confirm that you may settle the account once every calendar Quarterly or Monthly
(B) OTHER CONSENT
 As a subscriber to the services offered by HDFC securities Ltd. I hereby instruct HDFC securities Ltd. to provide the following
communications through the medium of short messages services and / or telephone calls and / or Whatsapp messages on my
registered phone number(s): (a) Research and investment ideas whether developed in-house and / or by outsourced agencies;
(b) Market related alerts; (c) Offers or subscription to new products / services from time to time; (d) Account and trading related
information and other notifications pursuant to the services provided under the captioned agreement; (e) Information relating to
investment products and services; (f) Any other service to aide in wealth creation process.
(Do not sign if you not wish to receive commercial calls and / or messages)

( C ) CONSENT FOR ADDITIONAL RIGHTS & OBLIGATIONS

 I acknowledge and declare that I have received in Physical / Electronic, read and understood, acknowledged and agreed to the
contents of –
1. the rights and obligations document [PART B-page no. 1],
2. the risk disclosure document [PART B-page no. 7],
3. the policies and procedures [PART B-page no. 14],
4. the additional rights and obligations document [PART C-page no. 1]
5. Payment instruction for charges
A/C opening charges Total
Payment Mode Cheque Cheque No. Dated Bank Name_______________
Direct Debit from HDFC Bank NRE SB / NRO SB
A/C no.
None
I provide consent for above mentioned Running Account Authorisation, Other Consent, Additional Rights & Obligations and
A/C opening charges.

S1
X Signature of Client
Name:
Date: D D M M Y Y Y Y
Place:
2
 UDN 3108672965
HDFC Bank Limited, Depository Services, Empire Plaza I, 4th Floor, Chandan Nagar, LBS Marg, Vikhroli West, Mumbai - 400083.

Prefix Mr. Ms. Others Existing Customer Yes No KYC No.

FIRST NAME MIDDLE NAME SURNAME
Applicant Name
(Same as per ID Proof)
Gender Male Female Transgender Marital Status Single Married Others ss
acro
a turegraph
Status  Resident Individual Non Resident Foreign National Person of Indian Origin
S2
g n
Si phot o
Personal Details

Nationality Indian Other, please specify__________________________________________________________________

Date of Birth D D M M Y Y Y Y Account Type Normal (for low risk customer) Simplified Small Applicant's
Aadhaar No. X X X X X X X X latest passport
PAN (Mandatory)
size photo
Proof of Identity Valid Till D D M M Y Y Y Y
(Official valid document
required in addition to PAN)
Identification Number of Proof of Identity

FIRST NAME MIDDLE NAME SURNAME

Maiden Name Ms.

Mother's Name Ms.
Spouse's Name Mr. / Mrs. / Ms.

Father's Name Mr.

Proof of Address submitted (Specify) Expiry Date D D M M Y Y YY YY

Residence / Correspondence

Residence/
Correspondence
Address
Address

Landmark (Mandatory)
City State
District Country
PIN Code Please mention a prominent landmark to ensure that the deliverables reach you
Address Type Residential Business Business and Residential Registered office
Permanent Address same as Present Address
Permanent Mandatory to be
Permanent Address

Address filled if different

from above

Landmark (Mandatory) Mandatory for

Non Resident
City State Applicant to specify
overseas address
District Country
PIN Code Residing at current residence since Y Y
Y MY M Please mention a prominent landmark to ensure
that the deliverables reach you
(Mandatory) (Mandatory)
Tel (R) + S T D N U M B E R Mobile No. + N U M B E R
Contact Details

I here by declare that above mentioned mobile number belongs to Self Spouse Dependent Parent Dependent Children

Tel (O) + S T D N U M B E R - E X T N Fax S T D - N U M B E R

E-mail ID

I here by declare that above mentioned emailid belongs to Self Spouse Dependent Parent Dependent Children

I hereby declare that the details furnished in this form are true and correct to the best of my/our knowledge and belief and I understand to inform you of any changes therein immediately. In case any of the above
HDFC SEC NRI / VERSION 40 / March - 2025

information is found to be false or untrue or misleading or misrepresenting, I/We am/are aware that I/We may be held liable for it. My personal/KYC details to be shared with Central KYC Registry/FATCA/KRA. I hereby
consent to receive information from Central KYC registry through SMS / email on the above Registered number / email address.
I hereby provide my consent to update details in all my trading accounts & share my Aadhaar data, documents, PAN, Email id and Mobile number with KYC Registration Authority (KRA) for validation.
I am aware that single set of attested KYC documents are provided for opening of Bank, Demat, Trading & PIS account.

(Originals verified) and Self –Attested Document copies received

Declaration/Consent

In-Person-Verification (IPV) details:

Seal / Stamp of
FOR OFFICE USE ONLY

Name of the Person doing IPV______________________________ HDFC Bank Ltd.

Signature of the Person doing IPV____________________________
3
S3 Signature of the applicant
Designation & Emp. code ____________________________
D D M M Y Y Y Y Place ______________________
Branch code D D M M Y Y Y Y
Name of the organisation: HDFC Bank Ltd. Do not sign this form if it is BLANK. Please ensure all relevant
sections and columns are completely filled to your satisfaction
Name and Signature of Authorised Signatory____________________ and then only sign the form

Note: Kindly use additional KYC page for every joint holder. For HSL trading account - Name of the customer will be considered as name available in income tax database
3
 *Gross annual income(`) (Income range per annum) Below Rs. 1 lac Rs. 1 to 5 lac Rs. 5 to 10 lac Rs. 10 to 25 lac More than Rs. 25 lac
OR Net worth (`) as on date D D M M Y Y Y Y Net worth details should not be older than one year
Financial Details

Occupation details Public Sector Private Sector Government Service Business Professional Agriculturist Retired Student Housewife
(please tick any one below
and give brief details) Others (please specify) ____________________________________________

Employer Name Designation

Brief Details ___________________________________ Please tick, if applicable Politically Exposed Person (PEP) Related to a Politically Exposed Person (PEP)

City of Birth Country of Birth

(Mandatory) (Mandatory)

Address for Tax purpose (please tick) Same as Mailing Address Same as permanent Address

Are you a tax resident of any country other than India ? No Yes, then please fill below
Identification Type
Country/(ies) of Tax Residency # Tax Identification Number (TIN)% Nationality / Citizenship (TIN or Other%, please specify)

# To also include USA , where the individual is a citizen /green card holder of USA % In case Tax Identification Number is not available , kindly provide functional equivalent

CBDT Terms and Conditions

The Central Board of Direct Taxes (CBDT) has notified Rules 114F to 114H, as part of the Income-tax Rules, 1962, which Rules require Indian financial institutions such as the Bank to seek additional personal, tax and
beneficial owner information and certain certifications and documentation from all our account holders. In relevant cases, information will have to be reported to tax authorities/ appointed agencies. Towards
compliance, we may also be required to provide information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account or any proceeds in relation thereto.
Should there be any change in any information provided by you, please ensure you advise us promptly, i.e., within 30 days. Please note that you may receive more than one request for information if you have multiple
relationships with HDFC Bank or its group entities. Therefore, it is important that you respond to our request, even if you believe you have already supplied any previously requested information.

CBDT Instructions
If you have any questions about your tax residency, please contact your tax advisor. If you are a US citizen or resident or green card holder, please include United States in the foreign country information field along with
your US Tax Identification Number.

$ It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident issues such identifiers. If no TIN is yet available or has not yet been issued, please provide an explanation and attach
this to the form. In case customer has the following Indicia pertaining to a foreign country and yet declares self to be non-tax resident in the respective country, customer to provide relevant Curing Documents as
mentioned below:

FATCA/ CRS Indicia observed (ticked) Documentation required for Cure of FATCA/ CRS indicia
If customer does not agree to be Specified U.S. person/ reportable person status
FATCA Details

1. Self-certification (in attached format) that the account holder is neither a citizen of United States of America
1 U.S. place of birth
nor a resident for tax purposes;
2. Non-US passport or any non-US government issued document evidencing nationality or citizenship
(refer list below); AND
3. Any one of the following documents:
a. Certified Copy of “Certificate of Loss of Nationality or
b. Reasonable explanation of why the customer does not have such a certificate despite renouncing US
citizenship; or Reason the customer did not obtain U.S. citizenship at birth
1. Self-certification (in attached format) that the account holder is neither a citizen of United States of
2 Residence/mailing address in a country other than India America nor a resident for tax purposes; and
2. Documentary evidence (refer list below)
1. Self-certification (in attached format) that the account holder is neither a citizen of United States of
3 Telephone number in a country other than India America nor a resident for tax purposes; and
(and no telephone number in India provided) 2. Documentary evidence (refer list below)
1. Self-certification (in attached format) that the account holder is neither a citizen of United States of
4 Standing instructions to transfer funds to an account maintained in America nor a resident for tax purposes; and
a country other than India 2. Documentary evidence (refer list below)

Certification:
I/We have understood the information requirements of this Form as per the CBDT notified Rules 114F to 114H and hereby confirm that the information provided by me/us on this Form is true, correct, and complete. I/We also confirm that I/We
have read and understood the Terms and Conditions below and hereby accept the same. I/We understand that my personal details as provided/available in the bank/securities records will be used for CBDT reporting. Further, I/We hereby
authorize HDFC Bank Limited to furnish the above information to Securities Bank Limited for the purpose of compliance and reporting under CBDT Rules as applicable.
Details under FATCA/Foreign Tax Laws:
Towards compliance with tax information sharing laws, such as FATCA, we would be required to seek additional personal, tax and beneficial owner information and certain certifications and documentation from our account holders.
Such information may be sought either at the time of account opening or any time subsequently. In certain circumstances (including if we do not receive a valid self-certification from you) we may be obliged to share information on
your account with relevant tax authorities. If you have any questions about your tax residency, please contact your tax advisor. Should there be any change in any information provided by you, please ensure you advise us promptly,
i.e., within 30 days. Towards compliance with such laws, we may also be required to provide information to any institutions such as withholding agents for the purpose of ensuring appropriate withholding from the account or any
proceeds in relation thereto. As may be required by domestic or overseas regulators/ tax authorities, we may also be constrained to withhold and pay out any sums from your account or close or suspend your account(s).
If you are a US citizen or resident or green card holder, please include United States in the foreign country information field along with your US Tax Identification Number. Foreign Account Tax Compliance provisions (commonly known
as FATCA) are contained in the US Hire Act 2010.
Please note that you may receive more than one request for information if you have multiple relationships with different members of the HDFC Group. Therefore, it is important that you respond to our request, even if you believe you
have already supplied any previously requested information. It is mandatory to supply a TIN or Functional equivalent if the country in which you are tax resident issues such identifiers. If no TIN is yet available or has not yet been
issued, please provide an explanation and attach this to the form. In case customer has the following Indicia pertaining to a foreign country and yet declares self to be non-tax resident in the respective country, customer to provide
relevant Curing Documents as mentioned below.

List of acceptable documentary evidence needed to establish the residence(s) for tax purposes:
1. Certificate of residence issued by an authorized government body*
2. Valid identification issued by an authorized government body* (e.g. Passport, National Identity card, etc.)
* Government or agency thereof or a municipality
S4 Signature of the Applicant

4
 PART-II Application for Opening Demat Account - (For Individuals)
HDFC Bank Limited, Depository Services, Empire Plaza I, 4th Floor, Chandan Nagar, LBS Marg, Vikhroli West, Mumbai - 400083. UDN 3108672965
Registered Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 13.

Please tick mandatorily NSDL CDSL LG Code LC Code UCC

BANK USE

Date D D M M Y Y Internal Ref. No. No. of Holders Exchange Name & ID _______________________________

Source channel DP ID Client ID To be filled by DP

Part - B (1) DEMAT ACCOUNT OPENING DETAILS
I/We request you to open a depository account in my/our name as per the following details (Please tick one)
Ordinary Resident NRI - Repatriable NRI - Non - Repatriable Foreign National Promoter Margin Account Others (pls specify) _________
Part - B (2) DETAILS OF ACCOUNT HOLDER(s) (Please fill all the details in CAPITAL LETTERS only)
Sole / First Holder F I R S T N A M E M I D D L E N A M E L A S T N A M E

Second Holder F I R S T N A M E M I D D L E N A M E L A S T N A M E

Third Holder F I R S T N A M E M I D D L E N A M E L A S T N A M E

For Association of Persons (AOP), Partnership Firm, Unregistered Trust, etc., although the account is opened in the name of the natural persons, the name & PAN of the Association of Persons (AOP),
Partnership Firm, Unregistered Trust, etc., should be mentioned below:
Name
PAN Number
Account to be operated through Power of Attorney (POA) (Default is, No) Yes No Demat Debit Pledge Instruction Yes No SMS alert is mandatory if you are giving POA
Part - B (3) UCIC ID AND PAN NUMBER OF APPLICANT
UCIC: Applicant F I R S T S E C O N D T H I R D

PAN: Applicant F I R S T S E C O N D T H I R D

Part - B (4) IN CASE OF NRIs / FOREIGN NATIONALS

RBI approval Non face to face customer
reference number
RBI Approval Date D D M M Y Y Y Y
Part - B (5) GUARDIAN DETAILS (Where sole holder is a minor)
Guardian Name
PAN Number For account of a minor, two KYC application forms must be filled i.e. one for the guardian and another for the minor (to be signed by guardian)

Relationship of guardian with minor

Part - B (6) BANK DETAILS
(Mandatory for the first Demat account holder for receiving credit of Dividend / Interest) Please give NRE Bank details only in case Demat account is to be opened as NRE & NRO.
Bank A/C type Savings A/C Current A/C Other (pls specify) ________________________________________________________
Account No. RTGS / NEFT / IFSC Code
MICR Code Please attach photo copy of Blank / Cancelled cheque to verify the 9 digit MICR code (for Non HDFC Bank A/C's only)
Bank Name Branch code if HDFC Bank A/C
Branch Address
City / Town / Village State
Country PIN (mandatory)
Part - B (7) DEBIT AUTHORISATION
I/We authorise Bank to debit recover charges pertaining to opening & maintenance of Demat Account, transaction charges, or any other charges related to Demat account from the said
HDFC Bank Savings / Current account
with_________________________ ____________________Branch A C CC OO UU NN TT N OO
N

Part - B (8) MODE OF OPERATION

Mode of Operation Jointly Anyone of the holder or survivor(s)

Part - B (9) SERVICE REQUEST

Standing Instruction (SI) Yes To receive credit automatically into my/our a/c (Default is, Yes) No NOTE: SI for a Non PIS NRE Demat A/c will be by default marked as "No."
SMS alert facility First holder Mandatory if you are giving Power of Attorney (POA)/DDPI.
Yes Second holder Yes Third holder Yes Ensure that mobile number is provided in the KYC application form.
I would like to share the email Id with the RTA First holder Yes Second holder Yes Third holder Yes
Communication to be sent to First holder All joint account holders
Delivery Instruction To be filled by persons seeking to open a Depository account and has opted for online trading facility or who have given Powerr of Attorney to operate the Depository account to a stock broker/Participant
Slip (DIS) booklet / Portfolio Manager and do not intend to open a Basic Services Demat Account.
facility
Mode of receiving Yes, I / we wish to receive DIS Booklet at the time of account opening No, however, the DIS booklet should be issued to me/ us immediately on my/ our request at any later date

Statement of Account Physical Form Electronic Form [Read Note 4]

Auto Pledge Confirmation Yes No Mode of Annual Reports, AGM notice and other communication from issuer Physical Form Electronic

DP on Net facility NetBanking for Demat a/c All T&C of NetBanking will be applicable.

5
 Acknowledgment / Consent For Additional Rights & Obligations - Individual Customer UDN
3108672965

I acknowledge and declare that I have received, read, understood and agree to the contents of :
1. Rights and obligations of beneficial owner and Depository participant as prescribed by SEBI and Depositories; 2. Demat Standard tariff sheet
3. Financial Details 4. FATCA Declaration 5. Aadhaar 6. Additional R&O (DDPI) 7. Annexure O (Signatures of all the holders are required)
1st Holder’s Name:

S5
(Signature of 1st Holder)
Date: Place:

2nd Holder’s Name:

(Signature of 2nd Holder)
Date: Place:

3rd Holder’s Name:

(Signature of 3rd Holder)
Date: Place:

For Joint Accounts

A) If Mode of Operation of Joint Operation for Joint Account is chosen as anyone of the holder or survivors(s). only specified operations such as transfer of securities including inter-
Depository Transfer, pledge / hypothecation / margin pledge / margine re-pledge (creation, closure and innocation and conformation thereof as applicable) of securities and
freez/unfreez of account and / or securities and / of specific number of securities will be permitted."
B) in case of joint account, on death of any of the joint account holders, the surviving account holder (s) has to inform Depository Participant about the death of account holder(s) with
required documents within one year of the date of demise. In case if 'first holder' is selected, the communication will be sent as per the preference mentioned. In case 'All joint account
holders' is opted, communication to first holder will be sent as per the preference mentioned and communication to other holders will be in electronic mode. The default option will be
communication to 'first holder', if no option selected."
Debit Authorisation: I/We hereby authorize the Bank to debit all types of Bank charges / commission / fees (“Service Charges”) payable by me / us to the said Accounts.
I/We undertake that sufficient balances shall be maintained by me/us in the said Accounts to facilitate the debiting of Service Charges. The failure on part of me / us to maintain
sufficient balance in the said Account shall not in any way impair the right of the Bank to debit the Service Charges. I /We hereby further authorise the bank to charge any interest on
debit balance in the said Accounts due to the debiting of Service Charges, and/or recover the charges from any other account maintained by me/us with HDFC Bank Ltd.
The Bank shall not be obliged to provide overdraft facility on the said Account but for towards the debiting of Service Charges payable by me/us. I/We specifically agree and confirm
that any matter or issue arising hereunder shall be governed by and construed exclusively in accordance with the Indian laws and shall be subject to the jurisdiction of the courts of
Mumbai in India. I / We hereby confirm the bank shall have a lien and right of set off on all monies belonging to me / us standing to my / our credit in any account whatsoever with the bank
and authorize the bank without reference to me / us to appropriate the same towards satisfaction of the service charges or any other charges due and payable by me / us. count. 11. I/we
am/are aware that the transaction statement may be accessed by other entities in case the confidentiality/secrecy of the login name and password is compromised.

Email Statement:
1. I/We agree to discontinue the Physical Statements if electronic mode is opted. 2. I/We understand that the email statements are for my/our convenience. HDFC Bank shall not be
liable or responsible for any breach of secrecy because the statements are being sent to the email ID. 3. I/We shall verify the authenticity of the emails I/We receive. I/We shall
not hold the Bank responsible for any statement received from frauds/imposters. I/We shall not hold the Bank liable if any problem arises with my/our computer
network because of me/ us receiving statements from the Bank. 4. I/We are authorised by the other holders to receive the Statements to the email address. 5. I/We shall
inform the Bank in writing if there is any change in the email address. 6. The Bank shall not be responsible if I/we do not receive statement due to incorrect email
address and technical reasons. 7. I/We confirm to have read and understood the Terms & Conditions (a copy of which I am in possession of) pertaining to my account. 8. I/We
understand and agree that the email statements will only be sent to the First holder in the account. 9. I/we am/are aware that I/we will not receive the transaction statements
in paper form. 10. I/we will take all the necessary steps to ensure confidentiality and secrecy of the login name and password of the internet/email account 11. I/we am/are aware that
the transaction statement may be accessed by other entities in case the confidentiality/secrecy of the login name and password is compromised. 12. Participant or Client can
terminate such arrangement by giving 10 days prior notice. 13. In case opted for statement through email, the Client shall immediately inform the Participant about change in email
address, if any

FOR BANK USE

RISK CATEGORY

Rate ID Bk. Sys. 1st holder High Medium Low Emp Name & Emp Code
Group ID Br. Code 2nd holder High Medium Low Bank Seal for Sign
Verification
Client ID Prod. Code 3rd holder High Medium Low
Signature with date

6
 Nomination Form for Demat Account with HDFC Bank Ltd. 3108672965
UDN
& Trading Account with HDFC Securities Ltd.
To be filled in by individual applying singly or jointly (Not applicable for HUF/Minor Account)

Nominee Identification or or or
Details A A A
(please tick any one from below B or B or B or
and provide details of the same)
C or Please affix your C or Please affix your C or Please affix your
A. PAN
B. Savings Bank A/C No. D or recent passport size D or recent passport size D or recent passport size
C. Demat account ID or photograph or photograph or photograph
E E E
D. Aadhar No. F F F
E. Photo and Sign
F. Other Proof of Identity Sign_____________________ Sign_____________________ Sign_____________________

Ref. ID no._____________________________ Ref. ID no._____________________________ Ref. ID no._____________________________

(Mandatory if nominee is minor)

Guardian Identification
Details A or A or A or
(please tick any one from below
B or B or B or
and provide details of the same)

A. PAN C or Please affix your C or Please affix your C or Please affix your
B. Savings Bank A/C No. D or recent passport size D or recent passport size D or recent passport size
C. Demat account ID or photograph or photograph or photograph
E E E
D. Aadhar No.
F F F
E. Photo and Sign
F. Other Proof of Identity Sign_____________________ Sign_____________________ Sign_____________________

Ref. ID no._____________________________ Ref. ID no._____________________________ Ref. ID no._____________________________

7
 Nomination Form for Demat Account with HDFC Bank Ltd. 3108672965
UDN
& Trading Account with HDFC Securities Ltd.

I/We wish to Opt Out of Nomination for Demat & Trading Account

I / We hereby confirm that I / We do not wish to appoint any nominee(s) in my / our trading / demat account and understand the issues involved in non-appointment of
nominee(s) and further are aware that in case of death of all the account holder(s), my / our legal heirs would need to submit all the requisite documents / information
for claiming of assets held in my / our trading / demat account, which may also include documents issued by Court or other such competent authority, based on the
value of assets held in the trading / demat account.

Declaration: The rules and regulations of the Depository and Depository Participants pertaining to an account which are in force now have been read by me/us and
I/we have understood the same and I/we agree to abide by and to be bound by the rules as are in force from time to time for such accounts. I/we hereby declare that
the details furnished above are true and correct to the best of my/our knowledge and belief and I/we undertake to inform you of any changes therein, immediately. In
case any of the above information is found to be false or untrue or misleading or misrepresenting, I am/ weare aware that I/we may be held liable for it. In case non-
resident account, I/we also declare that I/we have complied and will continue to comply with FEMA regulations. I/we acknowledge the receipt of copy of the document,
“Rights and Obligations of the Beneficial Owner and Depository Participant. I/We hereby give consent to furnish Nomination details to HDFC Securities Limited for the
purpose of Compliance and reporting.

Notes:
1. All communication shall be sent at the address of the Sole/First holder only. 2. Thumb impressions and signatures other than English or Hindi or any of the other language not contained in the
8th Schedule of the Constitution of India must be attested by a Magistrate or a Notary Public or a Special Executive Magistrate. 3. Instructions related to nomination, are as below For NSDL
Account : I. The nomination can be made only by individuals holding beneficiary owner accounts on their own behalf singly or jointly. Non-individuals including society, trust, body corporate,
partnership firm, and Hindu Undivided Family, holder of power of attorney cannot nominate. If the account is held jointly all joint holders will sign the nomination form. II. Aminor can be nominated.
In that event, the name and address of the Guardian of the minor nominee shall be provided by the beneficial owner. III. Only Individual/natural person(s) can be nominee(s). The Nominee shall
not be artificial person reated/dressed by the law or by a fiction such as trust, society, body corporate, partnership firm or Hindu Undivided Family. A nonresident Indian can be a Nominee, subject
to the exchange controls in force, from time to time. IV. Nomination in respect of the beneficiary owner account stands rescinded upon closure of the beneficiary owner account. Similarly, the
nomination in respect of the securities shall stand terminated upon transfer of the securities. V. Transfer of securities in favour of a Nominee shall be valid discharge by the depository and the
Participant against the legal heir. VI. The cancellation of nomination can be made by individuals only holding beneficiary owner accounts on their own behalf singly or jointly by the same persons
who made the original nomination. Nonindividuals including society, trust, body corporate, partnership firm, Hindu Undivided Family, holder of power of attorney cannot cancel the nomination. If
the beneficiary owner account is held jointly, all joint holders will sign the cancellation form. VII. On cancellation of the nomination, the nomination shall stand rescinded and the depository shall
not be under any obligation to transfer the securities in favour of the Nominee. VIII. Nomination can be made upto three nominees in a Demat account. In case of multiple nominees, the Client
must specify the percentage of share for each nominee that shall total upto hundred percent. In the event of the beneficiary owner not indicating any percentage of allocation/share for each of the
nominees, the default option shall be to settle the claims equally amongst all the nominees. IX. On request of Substitution of existing nominees by the beneficial owner, the earlier nomination
shall stand rescinded. Hence, details of nominees as mentioned in the FORM 10 at the time of substitution will be considered. Therefore, please mention the complete details of all the nominees.
X. Copy of any proof of identity must be accompanied by original for verification or duly attested by any entity authorized for attesting the documents, as provided in Annexure D. XI. Savings bank
account details shall only be considered if the account is maintained with the same participant. XII. DPID and client ID shall be provided where Demat details is required to be provided. For CDSL
Account: This nomination shall supersede any prior nomination made by me / us and also any testamentary document executed by me / us.

8
 Annexure – Regular / Basic Services Demat Account (BSDA) UDN

Dear Sir/Madam,
The appended Tariff will be applicable for the customer opting for the Regular / Basic Services Demat Account

Tariff sheet for HDFC Bank Individual Demat Accounts - Regular / Basic Services Demat Account
(Effective 1st Sep'24)

Sr.
Fee Head Type Fees Min
No.

1 Account opening charges Nil

2 Credit Transactions Nil

3 Debit Transactions like Equity / Debt / Mutual Funds (Market / Off Market) 0.04% of the value of the txn. (Max Rs 4,999/-) Rs. 30/-
Inclusive of NSDL / CDSL actual debit Inclusive of NSDL / CDSL actual debit
4 Pledge Services(Closure / Creation / Invocation) transaction charges transaction charges

5 Margin Pledge (Creation / Invocation / Closure) Rs. 20/- per instruction

Rs.5/- per certificate +

6 Dematerialisation Certificate + Dematerialisation Request Rs. 40/-
Rs. 35/- per request

Rs.30/- per request + NSDL

/ CDSL actuals, Currently
a) Rs.10/- for every hundred Rs.40/- (min)
7 Rematerialisation Rematerialisation Request
securities or part thereof; or
b) a flat fee of Rs.10/- per Rs.5,00,000 (max)
cer tificate whichever is
higher

Reconversion of Mutual Funds Rs 30/- per request + NSDL / CDSL actuals, Currently Rs 10/- per request in NSDL & Rs 5.50/- per
Reconversion of request in CDSL
8 Mutual Funds/Redemption
of Mutual Fund units Redemption of Mutual Fund units Rs 30/- per request + NSDL / CDSL actuals, Currently Rs 4.50/- per request in NSDL & Rs 5.50/- per
request in CDSL
9 Reissuance of Delivery Instruction Booklet (DIB) Rs.75/- per booklet
Mailing Charges Courier / Inland Address Rs.35/- per request
10 Postal Charges only
(Adhoc Statement) Foreign Address Rs.500/- per request

AMC Holding Value

Annual Maintenance *** NIL 0 to 4,00,000

11 AMC - BSDA Demat Ac
Charges *** Rs 100 p.a. 4,00,001 to 10,00,000
*** Rs 750 p.a. Above 10,00,000
AMC - Regular Demat Ac Rs. 750 p.a. -

Terms & Conditions:

1. Demat customers eligible for the BSDA facility need to register their mobile number for the SMS alert facility for debit transactions. 2. Customers who have a banking relationship with HDFC Bank to provide a debit
authorisation for the recovery of service charges. Customers having only a Depository relationship will be required to maintain a balance of Rs. 7,500/- in an account maintained by Bank for each Demat account. The
Customer also need to replenish the balances in the said account immediately if and when it falls below Rs.5,000/-. 3. The above charges are exclusive of applicable GST and other taxes / statutory charges levied by
Government bodies / statutory authorities from time to time, which will be charged as applicable. 4. All charges / service standards are subject to revision at the Bank’s sole discretion at any given point of time and the
same shall be communicated to the customers with a notice of 30 days. Incase you are applicable for submission of GSTIN details, please provide details in a separate "GST Annexure". GST Annexure is available on our
website (www.hdfcbank.com >> Form Center>> Demat Tab >> GST Annexure). 5. *** The Annual Maintenance Charges are levied, in advance, for a period of one year at the beginning of the billing cycle. For the
computation of AMC for Managed Program, the transactions for the previous year will be evaluated, and basis the number of transactions done by the customer, AMC will be levied as per the transaction slabs defined. (For
more details of Managed program, kindly refer our website www.hdfcbank.com ) 6.To evaluate the eligibility for Basic Services Demat Accounts (BSDA), the value of holdings will be determined on a daily basis, as per the
file sent by the NSDL / CDSL The AMC will be calculated at the pro-rata basis based on the value of holding of securities in the account. 7. In case of BSDA, such accounts would be levied AMC applicable basis the value of
holdings exceeding the prescribed limit immediately from the next day of exceeding such limit. 8.Incase the Demat accounts with BSDA facility does not meet the listed eligibility as per guideline issued by SEBI or any such
authority at any point of time, such BSDA accounts will be converted to Standard program Demat accounts without further reference to the respective customers and will be levied standard Program pricing. 9. Incase if
the Demat accounts with BSDA facility exceed the prescribed limits and move out of the stipulated BSDA criteria, the eligibility of such accounts for BSDA facility will be evaluated on the last day of the Annual billing cycle.
10. The value of the transaction will be in accordance with rates provided by Depositories (NSDL / CDSL). 11. The transaction charges will be payable monthly. The charges quoted above are for the services listed. Any
service not quoted above will be charged separately. 12. Debit transaction charges are inclusive of NSDL / CDSL actuals which are ₹ 4.00 / ₹3.50 per debit instruction respectively. 13. Effective 01st Oct'24, Youth Demat
Account holder will enjoy charge free debit transactions from NSDL. It is applicable for Demat Accounts where in customers must be below twenty four years at the time of Account opening and is extended for only three
years. 14. CDSL discounts on Debit transactions are - Women Demat account holders (as first holder) will enjoy a discount of ₹0.25 per debit transaction on the CDSL actuals. - Debit transactions of mutual funds &
bonds will enjoy a discount of ₹0.25 per on the CDSL actuals. 15. The operating instructions for the joint accounts must be signed by all the holders. 16. All instructions for transfer must be received at the designated DP
servicing branches of the Bank at least 24 hours before the execution date. 17. In case of non- recovery of service charges due to inadequate balance in your linked bank account or inadequate advance fees or invalid bank
account, the Depository services for your account will be temporarily discontinued. The services will be resumed in a minimum of three working days from the date of receipt of request with HDFC Bank and post payment
of all outstanding dues towards Depository charges. 18. In case the Demat accounts are with nil balances / transactions or incase if the customer defaults in payment of AMC, the physical statement shall not be sent to the
customer after period of 1 year. However the electronic statement of holding will be sent only to the customers whose email IDs are registered for e-statement. 19. The Depositories have started dispatching Consolidated
Account Statement (CAS) to the customers w.e.f. March 2015, hence despatch of physical statements has been discontinued. 20. Your Transaction cum Billing statement will be available on NetBanking under Demat tab
by second week of every month with option to view /download. Effective 01July'2020 stamp duty charges would be collected on consideration amount of OffMarket transfer / Pledge invocation instruction, before
execution of request.

S7
X Signature (1st holder) X Signature (2nd holder) X Signature (3rd holder)
9
 DEPOSITORY SERVICES
Combined Registration Form for Net Banking / DP @ Net facility

DP ID Client ID Date D D M M Y Y Y Y

Customer Identification No. Cust ID:

(Savings / Current Account) (Cust ID should be provided for the Sole / 1st Holder of the Demat Account)

I / We the account holders of the above Demat Account would like to register for the following facilities offered by HDFC Bank Ltd.

No. FACILITY CONSENT

1. Net Banking YES

2. View Demat Account

YES
through Net Banking

I / We have read and understood the terms and conditions detailed below. I / We accept and agree to be bound by the said terms and conditions and to any
changes made therein from time to time. These facilities would be given to the first holder.

NAME SIGNATURE

S8
Sole / 1st Holder
(Signature of 1st Holder)

2nd Holder
(Signature of 2nd Holder)

3rd Holder
(Signature of 3rd Holder)

DECLARATION:
• I have read and understood the Terms and Conditions (a copy of which I am in possession of) relating to opening of an account and various services including but not limited to
NetBanking.
• I accept and agree to be bound by the said Terms and Conditions. I understand that I would be registered for NetBanking, incase I am not already registered for it. I agree that the Bank
may debit my account for service charges as applicable from time to time.

Terms & Conditions:

NSDL
• I / We confirm that necessary steps will be taken to ensure confidentiality and secrecy of the login name and password.
• I am / We are aware that the transaction statement may be accessed by other entities in case the confidentiality / secrecy of the login name and password is compromised.
• I / We agree to immediately inform HDFC Bank Limited about change in email address, if any.
• I am / We are aware that I/We will not receive Transaction Statement in paper form.
• I / We reserve my/our right to receive the physical copy of statement of accounts despite receiving the same in electronic mode, if such a demand is made in writing on you.
• I / We and HDFC Bank Limited shall have the right to terminate this agreement after giving a notice of atleast 10 days to the other party. The above terms and condition are in addition
to and not in contravention of the terms and conditions forming a part of the "AGREEMENT BETWEEN THE PARTICIPANT AND THE PERSON SEEKING TO OPEN AN ACCOUNT WITH
THE PARTICIPANT" signed by the client at the time opening the account with the Depository.

CDSL
• Pursuant to the amendment in Clause 3 of the agreement (Annexure C to the Bye Laws of CDSL), I / We confirm having opted to receive the statement of accounts pertaining to the
above mentioned BO account in electronic mode in lieu of physical copy of the statement of account.
• I / We confirm that the dispatch of statement of account to me/us at the following email address shall constitute full and absolute discharge of your obligation under the above
agreement to provide me/us with statement of my/our BO account. But, I/we reserve my/our right to receive the physical copy of statement of accounts despite receiving the same in
electronic mode, if such a demand is made in writing on you.
• I / We confirm that any change in the aforesaid email address or any other instructions with regard to dispatch/ service of my/our statement of account on me/us shall not be binding
upon you unless you are intimated in writing by me/us by acknowledged delivery.

General Instructions:
• The IPIN (Net Banking password) will be mailed to you at your recorded mailing address within the Bank. The same may be used to access the Net Banking facility. Password will not
be regenerated, incase you are already registered for NetBanking
• The DP @ Net facility is available only to the clients who have already registered for NET BANKING facility for their Bank account with HDFC Bank Ltd. The client should be the Sole /
1st holder of the above mentioned Demat Account.
• No separate User ID and password is required for availing the DP @ Net facility offered by HDFC Bank Ltd. The facilities offered through

Features
DP @ Net includes:
a) View holding statement with valuations as per previous day’s closing price,
b) View 6 month’s transaction statement,
c) View status of Demat requests,
d) View settlement calendar, etc.
• Email statements would be sent only to the Sole / 1st Holder of the above mentioned Demat Account

10
 TRADING ACCOUNT RELATED DETAILS UDN
3108672965
Name of the Applicant:

BANK AND DEPOSITORY ACCOUNTS DETAILS:

Bank Name: HDFC Bank A/C

Bank A/C No. Account Type: NRE NRO

IFSC Code MICR Number:
Branch Address Branch Code
DP Name
Client ID (BO ID) DP ID: I N
Client ID (BO ID) Depository Name (tick one) NSDL CDSL

Kindly update Standing Instruction as Yes for above mentioned Client ID's (NSDL, CDSL) (Applicable for 1in1 Trading Account opening of NRO/NRE)
RBI Approval reference Number is _________________________________________ RBI Approval date ____________________

TRADING PREFERENCES:
Please sign in the relevant boxes where you wish to trade. Please strike off the segment not chosen by you.
Exchanges
NSE BSE MCX
Segments
S9 S10
Cash Market/Mutual Fund NA
X Signature of Client X Signature of Client
S11
Futures & Options NA NA
X Signature of Client

Currency Derivatives NA NA NA

Commodity Derivatives NA NA NA

If you do not wish to trade in any of segments / Mutual Fund, please mention here _______________________________.

RISK DISCLOSURES ON DERIVATIVES

a) 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
b) On an average, loss makers registered net trading loss close to Rs 50,000.
c) Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
d) Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source: 1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures
and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in
equity F&O during FY 2021-22.

Note: In case of Derivatives, client has Custodian Participant Code active with other broker, kindly provide NOC from other broker.
Please specify the proof submitted to avail the privileges to trade in derivatives segment: (Please refer check list)

# If in future, the client wants to trade on any new segment / new exchange, seperate authorization / letter should be taken from
the client by the stock broker.
##For MF Terms and Conditions refer to website hdfcsec.com

PAST ACTION: Details of any action/proceedings initiated/pending/ taken by SEBI/ Stock exchange/any other authority against the
applicant/constituent or its Partners/promoters/whole time directors/authorized persons in charge of dealing in securities during the last 3
years:
No If yes, please specify:

11
DEALINGS THROUGH SUB-BROKERS AND OTHER STOCK BROKERS: Not dealing, If yes, please mention details below:
Sub-Broker’s Name: SEBI Registration number:
R. O. Address: Phone:_________________Fax:____________Website:_________________
Whether dealing with any other stock broker/sub-broker (if case dealing with multiple stock brokers/sub-brokers, provide details of all)
Name of Stock Broker: Name of Sub-Broker, if any:
Client Code: Exchange:
Details of disputes/dues pending from/to such stock broker/sub-broker:

ADDITIONAL DETAILS: I/we wish to receive Electronic Contract Note (ECN) OR Physical contract note (PCN)
E-mail ID for ECN
I wish to avail of the facility of internet trading/ wireless technology: Yes If No, Please Specify:_____________________
Number of years of Investment/Trading Experience: No prior Experience Y Y Stock Y Y Derivatives
Y Y Other investment related field Any other information:
If employed please provide employer name

INTRODUCER DETAILS (Optional)

Name:
Status: Sub Broker Remisier Authorized Person Existing Clients Others, Please specify___________
Address: I1
Phone: X Signature of Introducer
DECLARATION
1. I/We hereby declare that the details furnished above are true and correct to the best of my/our knowledge and belief and I/we undertake to
inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or
misrepresenting, I am/we are aware that I/we may be held liable for it.
2. I/We confirm having read/been explained and understood the contents of the document on policy and procedures of the stock broker and the
tariff sheet.
3. I/We further confirm having read and understood the contents of the 'Rights and Obligations' document(s) and 'Risk Disclosure Document'.
I/We do hereby agree to be bound by such provisions as outlined in these documents. I/We have also been informed that the standard set of
documents has been displayed for Information on stock broker's designated website, i.e www.hdfcsec.com

D D M M Y Y Y Y
S12
X Signature of Client Place :

FOR OFFICE USE ONLY (LC to fill details and Sign)

UCC Code allotted to the Client:
Documents verified with Originals and In-Person Verification done by Client Interviewed By
Employee Name
Emp. Code Designation Designation
Date D D M M Y Y Y Y D D M M Y Y Y Y

Signature of Authorised Signatory Signature of Authorised Signatory

I / We undertake that we have made the client aware of 'Policy and Procedures', tariff sheet and all the non-mandatory documents. I/We have also
made the client aware of 'Rights and Obligations' document (s), RDD and Guidance Note. I/We have given/sent him a copy of all the KYC
documents. I/We undertake that any change in the 'Policy and Procedures', tariff sheet and all the non-mandatory documents would be duly
intimated to the clients. I/We also undertake that any change in the 'Rights and Obligations' and RDD would be made available on my/our website, if
any, for the information of the clients.

X Signature of Authorised
Date: D D M M Y Y Y Y
Signatory

12
 Most Important Terms and Conditions (MITC)
(For non-custodial settled trading accounts)

1. Your trading account has a “Unique Client Code” (UCC), different from your demat account number. Do not allow anyone
(including your own stock broker, their representatives and dealers) to trade in your trading account on their own without
taking specific instruction from you for your trades. Do not share your internet/ mobile trading login credentials with
anyone else.
2. You are required to place collaterals as margins with the stock broker before you trade. The collateral can either be in the
form of funds transfer into specified stock broker bank accounts or margin pledge of securities from your demat account.
The bank accounts are listed on the stock broker website. Please do not transfer funds into any other account. The stock
broker is not permitted to accept any cash from you.
3. The stock broker’s Risk Management Policy provides details about how the trading limits will be given to you, and the
tariff sheet provides the charges that the stock broker will levy on you.
4. All securities purchased by you will be transferred to your demat account within one working day of the payout. In case of
securities purchased but not fully paid by you, the transfer of the same may be subject to limited period pledge i.e. seven
trading days after the pay-out (CUSPA pledge) created in favor of the stock broker. You can view your demat account
balances directly at the website of the Depositories after creating a login.
5. The stock broker is obligated to deposit all funds received from you with any of the Clearing Corporations duly allocated
in your name. The stock broker is further mandated to return excess funds as per applicable norms to you at the time of
quarterly/ monthly settlement. You can view the amounts allocated to you directly at the website of the Clearing
Corporation(s).
6. You will get a contract note from the stock broker within 24 hours of the trade.
7. You may give a one-time Demat Debit and Pledge Instruction (DDPI) authority to your stock broker for limited access to
your demat account, including transferring securities, which are sold in your account for pay-in.
8. The stock broker is expected to know your financial status and monitor your accounts accordingly. Do share all financial
information (e.g. income, networth, etc.) with the stock broker as and when requested for. Kindly also keep your email Id
and mobile phone details with the stock broker always updated.
9. In case of disputes with the stock broker, you can raise a grievance on the dedicated investor grievance ID of the stock
broker. You can also approach the stock exchanges and/or SEBI directly.
10. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. You will not
have any protection/recourse from SEBI/stock exchanges for participation in such schemes.

S13

Signature of Customer

13
 Policy for Handling Good Till Date Orders
1. Background :
Exchanges vide it’s circular NSE/INSP/62528 dated June 21, 2024 and 20240622-2 dated June 22, 2024 pertaining to ‘Policy on Handling of Good Till Cancelled Orders
offered by Members to Clients’ mandated trading members to formulate a policy in case they offer “Good Till Cancelled” / “Good Till Triggered” orders or orders of similar
type.
2. Scope:
The Exchanges have stated that the policy shall include –
• Details of Good Till Cancelled/Good Till Triggered/orders of similar type provided by member including its validity.
• Manner of handling of such orders in case of corporate actions (e.g. cancellation, price reset, retaining, etc. for the unexecuted orders).
• Provide timeline within which the member shall intimate their clients about details of upcoming corporate actions applicable for such unexecuted orders of clients, which
shall not be later than one day prior to the ex-date of the corporate action.
3. Details of Good Till Cancelled/Good Till Triggered/orders –
a. HDFC Securities Ltd. (“HSL”) enables it’s clients to place “Good Till Date” (GTDt) orders.
b. GTDt is a order facility through which a client can place buy and sell limit orders in shares, index futures & index options specifying the period for which the order
instruction is valid. The period selected by the client shall be within the maximum validity date defined by HSL. Since client has the right to define validity date (“order
validity date”), this order type is called as Good Till Date (GTDt) order.
c. All existing and new clients of HSL who are eligible to trade in Equity Cash product & Derivatives can avail GTDt facility for order placement.
d. The facility of placing a GTDt order is available in Equity Cash product, Index futures, Index Options and E-Margin (MTF) product only. It is not available for other
products like Margin, Spot, etc. As and when, GTDt orders are introduced in new segments the same shall be displayed through the HSL website and subsequently
updated in the policy.
e. Client can specify disclosed quantity while placing cash orders with GTDt order validity.
f. GTDt orders can only be placed by specifying a limit price. GTDt orders cannot be placed at market price.
g. If a GTDt order is not executed for the entire quantity, HSL is authorised to place fresh orders for the unexecuted quantity for the client on the subsequent trading days till
the entire quantity is executed or till the validity expires, whichever is earlier. This feature permits the client to specify the number of days during which the client intends to
place the orders.
h. GTDt orders can be placed during the pre-open session for all scrips, however only orders in scrips that are pre-open enabled would be sent to exchange during the pre-
open session. Orders in all other scrips not enabled for pre-open session would be treated as overnight orders and sent to exchange during normal trading session.
i. Client shall ensure that necessary funds/margins are available to place GTDt orders in their account for the unexecuted quantity of the order.
j. “Order Validity Date” means the date entered by the client while placing GTDt orders. This date shall be equal to or less than the maximum validity date defined by HSL
which would appear as the default “Order Validity Date”. Client can choose the GTDt order validity date as less than or equal to the maximum validity date defined by HSL.
Client shall not be allowed to place orders with GTDt validity beyond maximum defined validity date.
k. In case the GTDt order validity date falls on a non trading day, the order is expired by HSL on the last trading day which falls prior to such order valid date which is a non
trading day. Post the expiry, the status of GTDt order is updated as Expired (Closed).
l. Once a client has placed aGTDt order, HSL will place orders for the unexecuted quantity of the GTDt order for all the days during the validity period or till the quantity is
fully executed or cancelled or rejected due to any reason. Client may login only to check the status of such orders.
m. For the unexecuted quantity orders shall be placed daily as overnight orders during the validity period, i.e. until the order validity date is less than or equal to the next
trade date provided such GTDt order remains unexecuted and is not cancelled, nor rejected due to any reason. The orders would be placed on these dates provided they
are trading days.
n. All securities in BSE & NSE except securities in debt segment, NCD, Bonds and illiquid securities are eligible for the placing GTDt order.
o. Orders with GTDt validity can be placed both during the market hours as well as post market hours.
p. GTDt orders can be placed over CallNTrade.
q. Client can place maximum 5 GTDt orders for a particular scrip and in all a client can place maximum 30 GTDt orders across all eligible scrips.
r. Clients can modify the quantity or limit price of a GTDt orders Clients can modify the order only when the order is in 'Ordered status' (during market hours) or 'Requested
status' (after market hours). “GTDt Blocked” orders cannot be modified but can only be cancelled.
s. All GTDt orders can be cancelled.
t. The Brokerage rates and applicable charges are same for normal transactions and GTDt orders. Further, GTDt orders shall be settled in the same manner as normal
equity / derivative market transactions.
u. Clients can also place GTDt Buy and Sell (sell- Open position only) order under E-Margin Product.
v. Stoploss orders can also be placed with GTDt validity.
4. Handling of GTDt orders in case of corporate actions :
Post Corporate Action, GTDt orders will be validated against DPR (Daily Price Range) sent by the exchange. Before revalidating the order for next trading day (post
corporate action), system will check for circuit limits and daily price range and would validate orders only within the circuit limit and daily price ranges.
The orders which would get failed in circuit check and daily price range for next day pumping would be kept in system in “GTDt Blocked” status for retry on subsequent
trading day.
Emails and SMS will be sent to the customers when the GTDt orders fall short of Funds / Securities or Blocked due to price beyond DPR range.
5. Updating Clients of upcoming Corporate Actions :
All upcoming corporate actions including dividend, bonus, split, etc. shall be intimated to clients having unexecuted GTDt orders atleast one day prior to the ex-date of the
corporate action.
Clients shall review their GTDt orders pro actively whenever there may be impact of corporate action on their order/s. It would be the onus of the client to take appropriate
action to modify / cancel orders accordingly.
6. Policy Communication :
The said policy shall be made part of the Account Opening Form/Kit under heading “Policy on Handling of Good Till Cancelled Orders of Client” of Policy and Procedures
document and shall also be displayed on the HSL website.
7. Policy Review :
The said policy shall be reviewed on an annual basis. S14

Signature of Customer
14
 Disclosure of minimum mandatory Terms & Conditions to clients
pursuant to SEBI Research Analyst (‘RA’) Regulations
1. Availing the research services: By accepting delivery of the research service, the client confirms that he/she has elected to subscribe the
research service of the RA at his/her sole discretion. RA confirms that research services shall be rendered in accordance with the applicable
provisions of the RA Regulations.
2. Obligations on RA: RA and client shall be bound by SEBI Act and all the applicable rules and regulations of SEBI, including the RA
Regulations and relevant notifications of Government, as may be in force, from time to time.
3. Client Information and KYC: The client shall furnish all such details in full as may be required by the RA in its standard form with supporting
details, if required, as may be made mandatory by RAASB/SEBI from time to time. RA shall collect, store, upload and check KYC records of the
clients with KYC Registration Agency (KRA) as specified by SEBI from time to time.
4. Standard Terms of Service: “I / We have read and understood the terms and conditions applicable to a research analyst as defined under
regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure. I/We are subscribing to the research services for
our own benefits and consumption, and any reliance placed on the research report provided by research analyst shall be as per our own
judgement and assessment of the conclusions contained in the research report.
I/We understand that –
i. Any investment made based on the recommendations in the research report are subject to market risk.
ii. Recommendations in the research report do not provide any assurance of returns.
iii. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report.”
Declaration of the RA that:
I. It is duly registered with SEBI as an RA pursuant to the SEBI (Research Analysts) Regulations, 2014 and its registration details are: (registration
number, registration date);
ii. It has registration and qualifications required to render the services contemplated under the RA Regulations, and the same are valid and
subsisting.
iii. Research analyst services provided by it do not conflict with or violate any provision of law, rule or regulation, contract, or other instrument to
which it is a party or to which any of its property is or may be subject;
iv. The maximum fee that may be charged by RA is 1.51 lakhs per annum per family of client.
v. The recommendations provided by RA do not provide any assurance of returns.
5. Consideration and mode of payment: The client shall duly pay to RA, the agreed fees for the services that RA renders to the client and
statutory charges, as applicable. Such fees and statutory charges shall be payable through the specified manner and mode(s)/ mechanism(s).
Note:- Currently, HDFC Securities Ltd does not charge its retail clients for research services.
6. Risk factors: Investments in securities market are subject to market risks, read all the related documents carefully before investing.
7. Conflict of interest: The RA shall adhere to the applicable regulations/ circulars/ directions specified by SEBI from time to time in relation to
disclosure and mitigation of any actual or potential conflict of interest. The disclosures regarding actual and potential conflict of interest shall be
made available in the research reports published.
8. Termination of service and refund of fees: Disclosure that the RA may suspend or terminate rendering of research services to client on
account of suspension/ cancellation of registration of RA by SEBI and shall refund the residual amount to the client. In case of suspension of
certificate of registration of the RA for more than 60 (sixty) days or cancellation of the RA registration, RA shall refund the fees, on a pro rata basis
for the period from the effective date of cancellation/ suspension to end of the subscription period.
9. Grievance redressal and dispute resolution: Any grievance related to (i) non-receipt of research report or (ii) missing pages or inability to
download the entire report, or (iii) any other deficiency in the research services provided by RA, shall be escalated promptly by the client to the
person/employee designated by RA, in this behalf. (refer escalation matrix).
The RA shall be responsible to resolve grievances within 7 (seven) business working days or such timelines as may be specified by SEBI under
the RA Regulations. RA shall redress grievances of the client in a timely and transparent manner. Any dispute between the RA and his client may
be resolved through arbitration or through any other modes or mechanism as specified by SEBI from time to time.
10. Additional Clauses: All additional voluntary clauses added by the RA should not be in contravention with rules/ regulations/ circulars of SEBI.
Any changes in such voluntary clauses/document(s) shall be preceded by a notice of 15 days.
11. Mandatory notice: As investors you are requested to go through Do’s and Don’ts while dealing with RA as specified in SEBI master circular
no. SEBI/HO/MIRSD-POD-1/P/CIR/2024/49 dated May 21, 2024 or as may be specified by SEBI from time to time.
12. Optional Centralised Fee Collection Mechanism: SEBI has introduced optional ‘Centralised Fee Collection Mechanism for IA and RA’
(CeFCoM) available for payment of fees to RA. However, HSL has not availed the said facility.
13. Use of Artificial Intelligence (‘AI’) tools in RA services: The extent of use of artificial intelligence tools shall be disclosed as a part of the
research reports published.
14. Most Important Terms and Conditions (MITC):
1. These terms and conditions, and consent thereon are for the research services provided by the Research Analyst (RA) and RA cannot
execute/carry out any trade (purchase/sell transaction) on behalf of, the client. Thus, the clients are advised not to permit RA to execute any trade
on their behalf.
2. The fee charged by RA to the client will be subject to the maximum of amount prescribed by SEBI/ Research Analyst Administration and
Supervisory Body (RAASB) from time to time (applicable only for Individual and HUF Clients).
15
Note:
2.1. The current fee limit is Rs 1,51,000/- per annum per family of client for all research services of the RA.
2.2. The fee limit does not include statutory charges.
2.3. The fee limits do not apply to a non-individual client / accredited investor.
2.4 Currently Nil, HSL reserves the right to levy charges in future.
3. RA may charge fees in advance if agreed by the client. Such advance shall not exceed the period stipulated by SEBI; presently it is one quarter.
In case of pre-mature termination of the RA services by either the client or the RA, the client shall be entitled to seek refund of proportionate fees
only for unexpired period.
4. Fees to RA may be paid by the client through any of the specified modes like cheque, online bank transfer, UPI, etc. Cash payment is not
allowed. Optionally the client can make payments through Centralized Fee Collection Mechanism (CeFCoM) managed by BSE Limited (i.e.
currently recognized RAASB).
5. The RA is required to abide by the applicable regulations/ circulars/ directions specified by SEBI and RAASB from time to time in relation to
disclosure and mitigation of any actual or potential conflict of interest. The RA will endeavor to promptly inform the client of any conflict of interest
that may affect the services being rendered to the client.
6. Any assured/guaranteed/fixed returns schemes or any other schemes of similar nature are prohibited by law. No scheme of this nature shall be
offered to the client by the RA.
7. The RA cannot guarantee returns, profits, accuracy, or risk-free investments from the use of the Ra’s research services. All opinions,
projections, estimates of the RA are based on the analysis of available data under certain assumptions as of the date of preparation/publication of
research report.
8. Any investment made based on recommendations in research reports are subject to market risks, and recommendations do not provide any
assurance of returns. There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research
report. Any reliance placed on the research report provided by the RA shall be as per the client’s own judgement and assessment of the
conclusions contained in the research report.
9. The SEBI registration, Enlistment with RAASB, and NISM certification do not guarantee the performance of the RA or assure any returns to the
client.
10. For any grievances,
Step 1: the client should first contact the RA using the details on its website or following contact details:

Escalation Matrix:
Details Contact Person Address Contact No Email ID Working hours
Customer Care Ms. Mital Gala 6th Floor, Lotus Park, Lane no 022-62465555 customercare 9.00 AM to 5.00 PM
16., Wagale Industrial Estate, @hdfcsec.com (Monday to Friday)
Thane West, Thane - 400604
Head Of Mr. Tushar Pandey 6th Floor, Lotus Park, Lane no 022-69151437 services@ 9.00 AM to 5.00 PM
Customer Care 16., Wagale Industrial Estate, hdfcsec.com (Monday to Friday) &
Thane West, Thane - 400604 9.00 AM - 2.00 PM
(Saturdays)
Compliance Mr. Murli Karkera HDFC securities Limited, iThink 022-69151436 complianceofficer 9.00 AM to 5.00 PM
Officer Techno Campus, Building - B, @hdfcsec.com (Monday to Friday) &
'Alpha', 8th Floor, Opp. 9.00 AM - 2.00 PM
Crompton Greaves, Near (Saturdays)
Kanjurmarg Station,Kanjurmarg (E),
Mumbai - 400042
Chief Executive Mr. Dhiraj Relli HDFC securities Limited, iThink 022-69151441 escalation@ 9.00 AM to 5.00 PM
Officer Techno Campus, Building - B, hdfcsec.com (Monday to Friday) &
'Alpha', 8th Floor, Opp. 9.00 AM - 2.00 PM
Crompton Greaves, Near (Saturdays)
Kanjurmarg Station,Kanjurmarg (E),
Mumbai - 400042
Step 2: If the resolution is unsatisfactory, the client can also lodge grievances through SEBI’s SCORES platform at www.scores.sebi.gov.in
Step 3: The client may also consider the Online Dispute Resolution (ODR) through the Smart ODR portal at https://smartodr.in
11. Clients are required to keep contact details, including email id and mobile number/s updated with the RA at all times.
12. The RA shall never ask for the client’s login credentials and OTPs for the client’s Trading Account Demat Account and Bank Account. Never
share such information with anyone including RA.

S15

Signature of Customer

16
 UDN

3108672965

>>>STAMP DUTY TO BE PAID>>>

This document is voluntary. However, the same is required to be executed by the customers in order to avail of seamless trading platform with integrated bank account, demat account
and broking account. If you do not wish to use the services of HDFC Securities Limited and HDFC Bank Limited, you need not execute such documents.)

Master Mandate Letter

I/We refer to the Mandatory Rights and Obligations prescribed by SEBI Non-mandatory Additional Rights and Obligations
Confirmation dated _______________, 20______ (“Additional Rights and Obligations Confirmation”) by the Client (as
described below) (“Client”) in favour of HDFC Securities Limited (“HDFC Securities”).
The Client is desirous of investing and/ or trading in securities, making investments and entering into various transactions
(hereinafter, for the sake of convenience, collectively referred to as “Securities”) with or through HDFC Securities and for
this purpose the Client has signed the account opening form together with the Mandatory Rights and Obligations
prescribed by SEBI and Additional Rights and Obligations Confirmation by the Client in favour of HDFC Securities
(hereinafter collectively referred to as the “Account Opening Documentation”). Under the terms of the Account Opening
Documentation and SEBI regulations and circulars, the Client and the other account holders (described below)
(hereinafter collectively referred to as the “Joint Account Holders”) have agreed to execute this Master Mandate Letter,
supplemented by (i) Demat Debit and Pledge Instruction in favour of [HDFC Securities] and (ii) mandate letter and
instructions to HDFC Bank and HDFC Securities in respect of the Associated Accounts of which they are the holders.
It is understood and acknowledged by the Client and other account holders that this Master Mandate Letter is the principal
letter of authority and instrument and the Demat Debit and Pledge Instruction and Mandate Letter are instructions for
facilitating and completing transactions contemplated in the Account Opening Documentation.
I/We have perused the Account Opening Documentation and consent to the provisions thereof. The aforesaid mandate
has been granted, the instructions herein have been given and the agreements herein contained have been agreed to by
me/us in consideration of the Account Opening Documentation and the mutual rights, covenants and obligations
thereunder.
This mandate may be revoked by the Client at any time, however, such revocation shall not affect the obligations of the
Client outstanding at the time such revocation and the mandate and instructions granted hereunder shall continue until all
transactions and instructions already executed or issued in pursuance of this mandate and all outstandings towards
HDFC Securities or HDFC Bank have been settled.
This master mandate letter shall come into force upon its acceptance by HDFC Bank Ltd. and HDFC Securities Ltd.

I/We the Client and the other account holders have hereby executed this master mandate letter at _________________
on the ______ day of 20 ______

Signature & Name of holder (s)

S16
Signature of 2nd Demat holder Signature of 3rd Demat holder Signature of 2nd Bank holder Signature of 3rd Bank holder
Signature of 1st (trading) holder (if any) (if any) (if any) (if any)

Accepted Accepted
For HDFC Bank Limited For HDFC Securities Limited

Date: ____________ _ Date: ____________ _

Authorised Signatory Place: _____________ Authorised Signatory Place: _____________

17
(This document is voluntary. However, the same is required to be executed by the customers in order to avail of UDN
seamless trading platform with integrated bank account, demat account and broking account. This Demat Debit and 3108672965
Pledge Instruction is being issued by the client in furtherance of and pursuant to the Account Opening Form and forms
an integral part of and supplements the Master Mandate Letter. If you do not wish to use the services of HDFC
Securities Limited and HDFC Bank Limited, you need not execute such documents.)

Demat Debit and Pledge Instruction

To
HDFC BANK Limited,
Depository Services, Empire Plaza I, 4th Floor, Chandan Nagar, LBS Marg,
Vikhroli West, Mumbai - 400083.

ASSOCIATED DEMAT ACCOUNT DETAILS:

DP ID DP Account
Customer / UCIC ID Depository

Name of 1st holder

Name of 2nd holder

Name of 3rd holder

Sr Purpose 1st Holder Sign 2nd Holder Sign 3rd Holder Sign
No.
1 Transfer of securities held in the beneficial S17
owner accounts of the client towards Stock
Exchange related deliveries / settlement
obligations arising out of trades executed by
clients on the Stock Exchange through the
same stock broker - HDFC Securities Limited.
2 Pledging / re-pledging of securities in favour of S18
trading member (TM) / clearing member (CM) -
HDFC Securities Limited for the purpose of
meeting margin requirements of the clients in
connection with the trades executed by the
clients on the Stock Exchange.
3 Mutual Fund transactions being executed S19
on Stock Exchange order entry platforms

4 Tendering shares in open offers through S20

Stock Exchange platforms

Please note, pt. 3 & 4 will be applicable from 18-Nov-2022 as per SEBI circular SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2022/137
dated 06-Oct-2022

I/We the Client and the other account holders have hereby executed this Demat Debit and Pledge Instruction at
_______________on the __________ day of 20 _______

List of HDFC Securities Ltd. demat accounts where securities can be moved w.e.f. October 01, 2019.
Name of the Depository Participant HDFC Bank Ltd.
NSDL CDSL
Version 3.00 / 18-June-2024

DP ID CLIENT ID DP ID CLIENT ID

IN300126 11178642,11178157,11248012, 11302668, 13012400 04524460, 00005785, 00004711, 06325921,

11281903, 11281899 06069648, 06069652

18
 UDN
(This document is voluntary. However, the same is required to be executed by the customers in order to avail of seamless
trading platform with integrated bank account, demat account and broking account. This mandate letter and instructions are
being issued by the client in furtherance of and pursuant to the Account Opening Documentation and forms an integral part
3108672965
of and supplements the Master Mandate Letter. If you do not wish to use the services of HDFC Securities Limited and HDFC
Bank Limited, you need not execute such documents.)

Bank Mandate Letter and Instructions

1. I/We, the Client / Joint Account Holders, mandate and instruct HDFC Bank, acting through any of its officers or
employees:
a. To block, hold and/or create / mark a lien, charge or hypothecation on one or more of the Associated Bank Accounts or
all or any of the money therein including in the internal systems of the Bank, as HDFC Bank may deem fit and thereafter
without any further instructions (this writing constituting my/our instructions to do so) to transfer all the said money to
HDFC Securities or any account(s) of HDFC Securities specified in the schedule hereto or to such other accounts as
may be specified on the website of HDFC Securities and by electronic mail otherwise or in accordance with the
instructions of HDFC Securities.
b. To transfer any money from any Associated Bank Account(s) to HDFC Securities or any account(s) of HDFC Securities
specified in the schedule hereto or to such other accounts as may be specified on the website of HDFC Securities and
by electronic mail or otherwise for the following purposes:(i) towards stock exchange related margin/delivery and/or
settlement obligations arising out of trades executed by me/us on the stock exchange through HDFC Securities;(ii) for
recovering any outstanding amount due from me/us arising out of my/our trading activities on the stock exchanges
through HDFC Securities;(iii) for meeting obligations arising out of my / our subscription to, units of Unit Trust of India or
other mutual funds, government securities, negotiable instruments, certificates of deposits, participation certificates,
commercial paper, bank deposits, fixed deposits, money market instruments, collective investment schemes or any
other security or financial instrument, derivatives, including but not limited to equity derivatives, currency derivatives,
interest rate derivatives, forwards, futures, swaps and options, and public provident fund, national savings schemes,
new pension system / scheme and other savings schemes of Government of India or other undertakings, life
insurance, general insurance or such other products / facilities / services offered and/or distributed by HDFC securities,
from time to time or in connection with any transaction effected or entered into or proposed to be effected or entered
into by HDFC Securities pursuant to the said Account Opening Documentation;(iv) towards monies/ fees/ charges, or
the like due to HDFC Bank and/or HDFC Securities payable by virtue of my/ us using/ subscribing to any of the facilities/
services availed by me/ us. Provided further, that any funds that have been erroneously transferred to HDFC Securities
/ received by HDFC Bank, or that HDFC Securities or HDFC Bank were not entitled to receive, shall be re-transferred /
returned to the associated account from which they were transferred.
c. To sign, deliver and/or acknowledge all instructions, forms, instruments, cheques, drafts, slips, receipts and other
instruments and writings which are necessary or advisable for performing all or any of the mandate and instructions
hereby conferred.
d. To apply for, purchase, redeem and/or sell in any other manner acquire or dispose ofunits of Unit Trust of India or other
mutual funds, government securities, negotiable instruments, certificates of deposits, participation certificates,
commercial paper, bank deposits, fixed deposits, money market instruments or other instruments of like nature,
collective investment scheme or any other security or financial instrument, , currency derivatives, interest rate
derivatives, and public provident fund, national savings schemes, new pension system / scheme and other savings
schemes of Government of India or other undertakings, life insurance, general insurance or such other
products/facilities/services, offered and/or distributed by HDFC Securities.
e. To receive and hold certificates, title documents, deposit receipts, account statements and other documents and
writings pertaining to mentioned above and/or any amount invested, advanced or expended by me/us or on my/our
behalf and to acknowledge receipt of the same
f. To sign and endorse all such application forms, transfer deeds, deposit receipts, redemption requests, negotiable and
other instruments, contracts and other writings and do all such acts as may be required for all or any of the above
purposes or otherwise in connection with any transaction effected or entered into or proposed to be effected or entered
into by HDFC Securities pursuant to the said Account Opening Documentation. For this purpose HDFC Bank may act
on the basis of any certificate or writing by HDFC Securities that any transaction is effected or entered into or proposed
to be effected or entered into by HDFC Securities pursuant to the said Account Opening Documentation and the same
will be binding on the Joint Account Holder(s) and any other person relying on this mandate and instructions.
g. To send a consolidated summary of my/our scrip-wise buy and sell positions taken with average rates by short message
service or through email on a daily basis. PROVIDED THAT HDFC Bank shall exercise the mandate conferred only
pursuant to instructions in that behalf given by the Client, which instructions may be given orally, over the telephone,
through the internet, through a kiosk, electronically or in any other manner acceptable to HDFC Bank and such
instructions given to HDFC Bank or HDFC Securities shall be admissible in evidence and shall not be questioned by
me/us and shall be conclusive and binding against me/us. AND PROVIDED FURTHER THAT the aforesaid mandate
and instructions may (at HDFC Bank's and/or HDFC Securities’ option) be exercised by HDFC Bank on behalf of the
Client alone or all or any of the Joint Account Holders, and any such exercise shall be binding upon all the Joint Account
Holders. AND I/We the Joint Account Holders do mandate and instruct HDFC Bank to, from time to time and without
requiring my/our further instructions or consent (this writing constituting my/our consent).
For the purpose of the above mandate and instructions, the Joint Account Holders are S21
instructing HDFC Bank and HDFC Securities : (i) The Joint Account Holders of any
Associated Bank Account(s)shall at all times make available sufficient funds in the X Signature of 1st holder
19
 UDN
3108672965

Associated Bank Account(s) for the purpose of the transactions to be carried out pursuant to the Account Opening
Documentation and shall not, without HDFC Securities prior written consent, close an Associated Bank Account and/
or Associated Demat Account or directly or indirectly operate or give instructions in respect of any Associated Account
which may prejudice HDFC Securities rights under the Account Opening Documentation or the transactions
undertaken thereunder or mandate exercisable by HDFC Bank hereunder or which would be contrary to the provisions
of the Account Opening Documentation or any acts by HDFC Bank pursuant to the above. (ii) The Joint Account
Holders of any Associated Bank Account(s) agree that (a) instructions given by the Client to HDFC Bank to block funds
in or to transfer funds from an Associated Bank Account in connection with any transaction entered into and/or to be
entered into by the Client with or through HDFC Securities will be given first priority over any other instructions or
cheques (whether prior or subsequent) given or issued by any Joint Account Holder by itself or through any other
attorney,(b) funds once blocked on the instructions of the Client in connection with any transaction entered into and/or
to be entered into by the Client with or through HDFC Securities can be released only with the express written consent
of HDFC Securities to HDFC Bank; and(c) if the Client has given any blocking, holding, debit or other instructions in
respect of any money in any Associated Bank Account, in connection with any transaction entered into and/or to be
entered into by the Client with or through HDFC Securities, and HDFC Securities receives transfer, debit or other
instructions in respect of such money from any Joint Account Holder or any other person, then HDFC Bank shall first
give effect to the first mentioned instructions and shall also transfer the concerned money to HDFC Securities account;
In case of death, disability, winding up or liquidation of any Joint Account Holder, HDFC Bank shall be entitled to
immediately freeze the Associated Bank Accounts, and the mandate, shall be revoked as regards such Joint account
Holder upon the intimation in writing to HDFC Bank and HDFC Securities of such death, disablement, dissolution,
winding up or liquidation by the surviving Joint Account Holder/s and the instructions and agreements contained herein
shall be revoked within two days of such intimation.
Due to any systems used for executing instructions there could be consequent delay of one business day (in the normal
course) or other number of days (for reason not in control of HDFC Bank) from the date of receipt of the instructions to
the actual execution of the instructions in the systems and hence instructions will be provided well in advance in order
to enable timely delivery. Further all instructions, whether for a hold or transfer or otherwise would be in respect of the
balances in the Associated Bank Accounts on the previous day and HDFC Bank would not permit blocking/transfer of
any other action in respect of funds which have come to the credit of the Associated Bank Accounts on the current day.
This mandate may be revoked by the Client at any time, however, such revocation shall not affect the obligations of the
Client outstanding at the time such revocation and the mandate and instructions granted hereunder shall continue until
all transactions and instructions already executed or issued in pursuance of this mandate and all outstandings towards
HDFC Bank have been settled.

I/We the Client and the other account holders have hereby executed this mandate and instruction at
____________________ on the ______ day of 20___.
List of HDFC Securities Ltd. bank accounts where funds can be moved w.e.f. October 01, 2019.
Bank Name HDFC Bank Ltd.
Account no
50200036338693, 50200036340161, 50200036338578, 50200036340151, 50200036338730, 50200036340148, 50200036340174,
50200036340250, 50200036338720, 50200036338717, 50200034589301, 00602030000061 00602340029392, 00602340029400,
00602340029410, 00602340029427, 00602340029434, 00602340029444, 00602340029451, 00602340029461, 00602340029478,
00602340029488, 00602340029616, 05422320002170 15772340000727, 57500000389146, 00990610005906

ASSOCIATED BANK ACCOUNT DETAILS:

NRE/NRO Saving Account No.:
NRE PIS/NRO Saving Securities Account No.:
Customer/UCIC ID:
Account Type: ________________________ Branch__________________________

Signature S22

Signature 1st holder Signature 2nd holder Signature 3rd holder

Name of Holder (s)

Constitution

Address

* CONSTITUTION: Individual / HUF / Company / Body corporate incorporated under the Companies Act, 1956 / a partnership firm registered under the Indian
Partnership Act 1932, comprising of______________ as partners / Others (Please specify)
20
 APPLICATION FOR PORTFOLIO INVESTMENT SCHEME (NRE) UDN 3108672965

Date:

The Manager Broker’s Name : H D F C S e c u r i t i e s L t d.

NRI and PIS Services
HDFC Bank Customer’s PAN:
______________branch.
NRE A/c No.
Dear Sir,

Ref: Application for permission to deal in shares in secondary market under the Portfolio Investment Scheme (PIS)

We hereby appoint HDFC Bank as a Designated Bank for PIS. We hereby advise that we have read and understood the terms and conditions as specified under
the portfolio Investment Scheme and hereby declare that we agree to comply with all statutory formalities under the PIS scheme from time to time. We confirm
that as on date, we do not hold PIS PERMISSION on repatriable basis with any other bank.

I/We hereby agree: 1. The facility is available only to customers maintaining their PIS account with designated branches of HDFC Bank .2. I understand clauses
can be modified as per change of regulations within 48 hours. 3. To deal with only one designated branch at any given point of time for PIS. All transactions
under PIS will be routed through designated branch only. 4. That the NRE PIS accounts and PIS PERMISSION will be held with only one bank at any given point
in time. 5. The NRE PIS account will not be used to route any other transactions besides transactions related to the purchase and sale of shares. All routine
transactions, Demat charges, dividend warrants etc will be routed through the regular NRE NON-PIS savings account held with the bank. I will only do
transactions such as transfer from and to my Regular NRE Savings account (Non-PIS savings account)held with HDFC Bank and purchase Payment of equity
shares and crediting sale proceeds (net of taxes) of equity shares acquired on repatriation basis under Portfolio Investment Scheme( PIS) 6. To submit the
complete details of all shares held by me which was purchased from the Primary market as a non resident on repatriation basis in the formats as specified by
the bank. 7. To do only delivery based transactions and not indulge in speculative transactions. To purchase and sell shares of an Indian company, through
registered broker on a recognized stock exchange. 8. To place purchase orders only if the Bank can earmark sufficient balance covering the purchase
consideration of securities and other applicable charges in client's Bank account. 9. To report to the Bank all purchase and sale of shares transactions done
directly through stockbrokers within 24 to 48 hours after trade, by submitting original broker contract notes to PIS designated branch only where PIS account is
maintained. Details like, PIS Permission number, PIS account, Demat Account (DP and Client ID), purchase payments (cheque no, date of cheque, gross
amount of purchase- only for purchase contract note ) will be mentioned on contract note. 10. To send details to the Bank of all payments made to the stock
broker on account of purchase of securities along with the details of the securities purchased in the format prescribed or may be prescribed by the Bank from
time to time. 11. Payments for shares/ receipts from the broker on account of sale of shares will be made as per the amounts specified on the bills and no
adjustment of purchases against sale transactions will be done even if various sale and purchase transactions are doing during the same period. 12. To deposit
all payment instruments (cheque/DD etc) received from a stockbroker on account of sale of securities for crediting in appropriate account along with complete
details like PIS Permission number, PIS account, Trade date and the bills at PIS designated branch where PIS account is maintained. The purchase of equity
shares/convertible debentures in each company with repatriation benefits shall not exceed 5 % (or as prescribed by Reserve Bank of India from time to time) of
the paid up capital of the company, subject to an overall ceiling of 10 % (or as prescribed by Reserve Bank of India from time to time) All consequences of failure
in such compliance, including any losses arising out of reversal of transactions shall be to our account. 13. The bank will recover its fees /charges applicable
for PIS by the debit to the NRE savings (non-PIS) account held. 14. The sale proceeds cheque will be deposited only at PIS designated branch at PIS desk and
not any other branch/cheuqe drop box. For every sale transaction applicable capital gains tax will be deducted by the Bank at the time of crediting sale
proceeds to PIS account. Bank will apply penal interest on TDS amount for the sale trade date pertaining to any of the past financial years. The sale proceeds
net of tax will be credited to the designated account within 48 working hours, after receipt of clear funds from broking firm provided all details in order. 15. To
submit the CA certificate and undertaking as per the formats specified under PIS along with net sale proceeds of shares in case I/We are arranging to PIS capital
gains separately through our chartered accountant. 16. The Bank will be able to set off losses against capital gains on equity shares for same financial year
only. The benefit of set off of losses is available per contract note basis (i-e: losses made in one contract note can be set off against the gains made on future
sale contract note . The bank will report purchase and sale contract notes on FIFO basis and compute capital gain tax accordingly, even if trades have been
executed through multiple brokers. 17. In case I sell shares some of which belong to PIS and others to Non PIS account on one trade date then all the sale
proceeds after the deduction of TDS will be credited to the PIS account. 18. Tax deducted at source by the bank will not be on exchange rate adjustment.
Computation of capital gain tax will be done without indexation method. 19. The sale made will be adjusted on First In First Out basis (FIFO) at the PIS permission
level (for eg: if a customer has multiple Demat accounts or multiple PIS savings account under one PIS permission) -FIFO will be applied across them while
calculating capital gains) for the purpose of calculating capital gains.If any pledged shares are updated in the ledger then the same will also be considered for
computation of capital gain as a part of FIFO basis 20. The bank will not undertake any follow up for deliveries of any shares purchased by us. 21. The bank will
not undertake monitoring and follow up of corporate actions associated with any holdings of the account holder. 22. To ensure before placing / conveying Sale
orders that I/We actually hold free shares (shares pending Demat or locked /pledge are not free shares). 23. Not to make any contract for sale either directly
through a stockbroker or through the Bank in respect of any securities, which the client has not taken delivery of. 24. Shares purchased in the primary market,
shares under corporate action are not to be considered under the PIS scheme. Therefore any sales proceeds pertaining to NON PIS Scheme will be credited
directly into your NON -PIS account. However, in case the sale contract consist of PIS as well non PIS shares, then the sale proceeds will be credited to PIS
account only. 25. In case of a delay or default in providing details pertaining to shares within the prescribed time, I/we shall be solely responsible for the
following consequences: 26. Any impact on FIFO method of capital gains computation for such transactions and/or subsequent transactions 27. Any delay
in credit to my PIS/Savings Bank account. 28. In case I/We are unable to provide documentary evidence that the shares were bought from the NRE accounts to
the satisfaction of the Bank, the sales proceeds will be credited to my Non Repatriable Account ( NRO) or shall be kept on hold by the Bank till the required
details are submitted by me. 29. I/We shall not purchase Breached list scrips which are published by NSDL / CDSL . In case of default, I/We shall arrange to sell
the same immediately and losses and applicable charges, if any, on account of such transactions will be borne by me/us and I/we shall be responsible for legal
consequences, if any. Further, the First in First out (FIFO) method of Capital Gain computation shall be affected and accordingly Tax shall be deducted at source.
30. I/We agree to adhere to the RBI/ NSDL/ CDSL guidelines and restrictions on purchase of shares Breach/ Red Flag) and shall refer NSDL/ CDSL website
before dealing on recognized stock exchange. 31. I/We shall intimate the bank about any change in the status of security holdings on account of Corporate
Actions or otherwise (IPO/FPO, Rights, Buy Back, ESOP, Inheritance, Gift, off-market transactions etc.,) to facilitate proper reporting under NRE to RBI and
Capital Gain computations as per the Income Tax Act, 1961. 32. As an NRI I will not invest in any company which is engaged or proposes to engage in the
following activities Lottery Business including Government/ private lottery, online lotteries. (2) Gambling and betting including casinos. (3) Chit funds (4) Nidhi
company (5) Trading in Transferable Development Rights (TDRs). (6) Real Estate Business or Construction of farm houses. (7) Manufacturing of Cigars,
cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes.

21
(8) Activities/sectors not open to private sector investment viz., (i) Atomic energy and (ii) Railway operations (9) Foreign technology collaboration in any form
including licensing for franchise, trademark, brand name, management contract is also prohibited for lottery business and gambling and betting activities ( 10 )
Agricultural or Plantation activities, Real estate Business does not include construction of housing/commercial premises, educational institutions, city and
regional level infrastructure township 33. In case I wish to avail of DTAA benefit; I will submit the required documents in the beginning of every financial year.
34. Any changes such as a change in the residential status/name/address/email ID/telephone numbers/Contact person etc, in any of my Accounts shall be
intimated to the Bank Immediately. The Bank shall comply with instructions and procedures as laid down by Regulatory Authorities for PIS from time to time.
I /We shall indemnify and hold harmless the Bank against any direct losses costs or claims which Bank might incur/suffer as a result under PIS.
I/We specifically agree to hold the Bank harmless from any and all claims and agree that the Bank shall not be liable for any loss, actual or perceived, caused
directly or indirectly by equipment failure, communication line failure, system failure, Internet failure, securities failure on the Internet, unauthorized access or
any other problem technological or otherwise, that might prevent the client from executing or the Bank from executing an order or other conditions beyond
Bank's control. 35. I confirm to open the additional PIS account by giving extension to my existing PIS permission held under my PAN to deal with HDFC
securities. 36. I/We agree that if the PIS account/PIS Permission is transferred from any other bank to HDFC Bank, then I/We shall furnish a “No Objection
Certificate” from my/our present banker along with a holding statement (having details of scrip name, date of purchase, cost of purchase, quantity) as specified
by HDFC Bank along with a latest copy of the Demat Statement of securities.
FEE SCHEDULE FOR PORTFOLIO INVESTMENT SCHEME – NRE CUSTOMERS
Sr No. Fee Head NRE PIS
1 Approval Issuance Fees (one time) Rs.1000
2 Annual Maintenance Charges Rs.1000

* Plus service tax / GST and education cess as applicable

1. Charges/service standards are subject to revision at the Bank's sole discretion and as informed by circulars sent by ordinary post/email.
2. AMC fees are non refundable and debited to designated savings account on financial year basis
3. PIS transaction charges and demat transaction charges are included in brokerage charged by HDFC Securities Ltd.

ONLINE NRE PIS PRODUCT CODE : 119

I / We have accepted the above schedule of charges and terms and conditions specified

NRE Annexure I (Primary Market Transactions)

Customer Name :
NRE PIS Permission Number:

Date of Number Acquisition Remarks/

Sr. Client
Name of Company/Security ISIN Acquisition Shares / Price DP ID Corporate
No. (DD/MM/YYYY) Quantity (per share) ID
Actions details

Note: In absence of RBI approval number, Documentary evidences to be obtained confirming the shares are acquired on repatriation basis.

Note:
• Annexure to be submitted along with latest demat holding statement. The name and total number of securities mentioned in above annexure should match as
per latest Demat holding.
As per current Income Tax guidelines on LTCG: For computation of capital gains for securities acquired on or before 31st January, 2018 the purchase cost of
acquisition will be determined as stated below: Higher of-
a) The actual cost of acquisition of shares and b) the lower of –
i. The fair market value of shares on 31st January, 2018 and ii. Sale consideration of shares
I/We confirm that the above securities are not acquired through other NRI's/Private arrangement from RI/NRI/any other similar mode, In case of such securities
to be reported then I /We will report the same separately with all details .I/We also confirm that the above shares acquired by me /us have been complied with STT
provisions and are eligible for capital gain tax benefits available on sale of shares on stock market floor as per the Income Tax Act,1961and relevant regulations
issued thereon.
In case of ESOP shares, I/We will provide the details as per ESOP checklist and I/We confirm that if the perquisite tax is not paid in India then Fair Market Value
(FMV) will not be considered as cost of acquisition for computation of capital gain instead Exercise price will be considered as cost of acquisition.
I hereby indemnify and hold the Bank harmless at all times against any and all claims, liabilities, damages, losses, costs, charges, expenses (including, legal cost
and fees), proceedings, and actions of any nature whatsoever made or instituted against or caused to or suffered by the Bank directly or indirectly on account of
wrong computation of capital gain taxes by placing reliance on aforementioned information/data and confirmation provided by me/us.

S23

XX 1st Account Holder XX 2nd Account Holder XX 3rd Account Holder

Name of 1st Account Holder Name of 2nd Account Holder Name of 3rd Account Holder
22
 APPLICATION FOR ACQUISITION OF SECURITIES OR UNITS BY NRI UDN
3108672965
ON NON REPATRIATION BASIS UNDER SCHEDULE “4” OF FEMA

Date:
Broker’s Name : H D F C S e c u r i t i e s L t d.
The Manager Customer’s PAN:
NRI Services
HDFC Bank NRO A/c No.
______________branch.
Ref: Application for acquisition of securities or units on non-repatriation basis under schedule “4” of FEMA (Transfer or Issue of Security by a person
Resident outside India)

As per the Foreign Exchange Management Act (Transfer or Issue of Security by a person Resident outside India)( Amendments ) regulations ,2016, I/we would
like to purchase and sale securities on non repatriation basis. I/We hereby agree:

• To open the NRO special securities bank account with designated branch to buy and sell securities or units in secondary market on non repatriation basis.
The transactions related to this NRO special securities account will be routed only through designated branches.
• To submit the complete details of all shares held by me which were purchased during resident tenure or were acquired from primary / secondary market as a
non resident on non repatriable basis, in the formats as specified by the Bank.
• To do only delivery based transactions and not indulge in speculative transactions. To purchase and sell shares of an Indian company, through registered
broker on a recognized stock exchange or outside it.
• To make payment as per purchase value from the NRO special savings account.
• To share the details with the Bank of all transactions done directly through stockbrokers within 24 to 48 hours after trade, by submitting original broker
contract notes to designated branch only where the Special NRO account is maintained. Details like, Unique reference number allotted by the bank, Special
NRO account number to be mentioned on purchase/sale contract note.
• To update all purchase or sale of shares transactions in the secondary market or outside it, by submitting respective contract notes or any documentary
evidence showing the transaction at the designated branch.
• Payments for shares/receipts from the broker on account of sale of shares will be made against the amounts specified on the bills and no adjustment of
purchases against sale transactions will be done even if various sale and purchase transactions have been done during the same period.
• I/We confirm that all investment made by me/us in securities through any mode/other bank will be confirmed and updated to Bank for computing capital gain
tax on sale of such securities. The computation of tax will be done without indexation benefit.
• The sale made will be adjusted on First In First Out basis (FIFO) at the Unique reference level (for eg: if a customer has multiple Demat accounts or multiple
NRO Special securities savings account under one Unique ref. no. ) - FIFO will be applied across them while calculating capital gains for the purpose of
calculating capital gains.If any pledged shares are updated in the ledger then the same will also be considered for computation of capital gain as a part of FIFO
basis.
• To deposit all payment instruments (Cheque/DD etc.) received from a stockbroker on account of sale of securities, for crediting in special NRO account along
with complete details and the bills for trades executed on non repartriation basis at designated branch where the special NRO account is maintained
• I/We confirm that any sale proceeds that are credited to NRO account will be net of applicable taxes only. I will ensure no sell proceeds will be directly crediting
to NRO account without deducting any applicable taxes . I/We shall indemnify and hold harmless the Bank against direct losses, costs or claims which Bank
might incur/suffer as a result under this facility.
• Sales proceeds (net of applicable taxes) of securities or units acquired under this schedule shall be credited only to NRO account irrespective of the type of
account from which considerations for acquisition were paid.
• The bank will recover its fees /charges applicable for this facility by debiting the special NRO savings/NRO SB account.
• The sale proceeds cheque will be deposited only at PIS designated branch at PIS desk and not any other branch/cheuqe drop box. For every sale transaction
applicable capital gains tax will be deducted by the Bank at the time of crediting sale proceeds to NRO special securities account. Bank will apply penal interest
on TDS amount for the sale trade date pertaining to any of the past financial years.
The sale proceeds net of tax will be credited to the designated account within 48 working hours, after receipt of clear funds from broking firm provided all details
in order.
• To submit the CA certificate and undertaking as per the formats specified by Income Tax authority from time to time along with net sale proceeds of shares in
case I/We are arranging to compute capital gains separately through our chartered accountant.
• The Bank will be able to set off losses against capital gains for same financial year on equity shares only. The bank will update purchase and sale contract
notes details on FIFO basis and compute capital gain tax (without indexation method )accordingly, even if trades have been executed through multiple
brokers.
• Tax deducted at source by the bank will not be on exchange rate adjustment. Computation of capital gain tax will be done without indexation method.
• The bank will not undertake any follow up for deliveries of any shares purchased under this schedule.
• The bank will not undertake monitoring and follow up of corporate actions associated with any holdings of the account holder.
• To ensure that before placing / conveying sale orders I/We actually hold free shares (shares pending for demat or locked /pledge are not free shares).
• In case of a delay or default in providing details pertaining to shares within the prescribed time, I/we shall be solely responsible for the following
consequences:
Any impact on FIFO method of capital gains computation for such transactions and/or subsequent transactions any delay in credit to my NRO Savings/Special
NRO Bank account.
• I/We shall intimate the Bank about any change in the status of security holdings on account of Corporate Actions or otherwise (IPO/FPO, Rights, Buy Back,
ESOP, Inheritance, Gift, off-market transactions etc.,) to facilitate proper updation under the reference number and Capital Gain computations as per the
Income Tax Act, 1961
• As an NRI /PIO, I/We will not make any investment under this schedule, in equity shares,convertible preference shares, convertible debentures, warrants or
units of a Nidhi company or a company engaged in agricultural/plantation activities or real estate business or construction of farm houses or dealing in
Transfer of Development Rights as amended from time to time or any restricted sector, as declared by Govt of India/RBI from time to time.
• I/We will follow guidelines/directives given by various government agencies on time to time.

23
• In case I/We wish to avail of DTAA benefit, I/We will submit the required documents in the beginning of every financial year.
• Any changes such as a change in the residential status/name/address/email ID/telephone numbers/Contact person etc, in any of my Accounts shall be
intimated to the Bank Immediately.
The Bank shall comply with instructions and procedures as laid down by Regulatory Authorities from time to time.
I /We shall indemnify and hold harmless the Bank against any direct losses costs or claims which Bank might incur/suffer as a result of this facility.
I/We specifically agree to hold the Bank harmless from any/all claims and agree that the Bank shall not be liable for any loss, actual or perceived, caused directly
or indirectly by equipment failure, communication line failure, system failure, Internet failure, securities failure on the Internet, unauthorized access or any other
problem technological or otherwise, that might prevent the client from executing or the Bank from executing an order or other conditions beyond Bank's control.
I hereby indemnify and hold the Bank harmless at all times against any and all claims, liabilities, damages, losses, costs, charges, expenses (including, legal
cost and fees), proceedings, and actions of any nature whatsoever made or instituted against or caused to or suffered by the Bank directly or indirectly on
account of wrong computation of capital gain taxes by placing reliance on aforementioned information/data and confirmation provided by me/us.

FEE SCHEDULE FOR INVESTMENT IN SHARES ON NON-REPATRIABLE BASIS (NRO)

Sr No. Fee Head Securities Ledger account
1 Approval Issuance Fees (one time) Rs.1000
2 Annual Maintenance Charges Rs.1000

* Plus service tax / GST and education cess as applicable

1. Charges/service standards are subject to revision at the Bank's sole discretion and as informed by circulars sent by ordinary post/email.
2. AMC fees are non refundable and debited to designated savings account on financial year basis
3. PIS transaction charges and demat transaction charges are included in brokerage charged by HDFC Securities Ltd.

ONLINE NRO SAVINGS SECURITIES PRODUCT CODE : 118

I / We have accepted the above schedule of charges and terms and conditions specified
NRO Annexure II (Primary Market Transactions)
NRO Securities unique reference number:

Date of Number Acquisition Remarks/

Sr. Client
Name of Company/Security ISIN Acquisition Shares / Price DP ID Corporate
No. (DD/MM/YYYY) Quantity (per share) ID
Actions details

Note:
• Annexure to be submitted along with latest demat holding statement. The name and total number of securities mentioned in above annexure should match as
per latest Demat holding.
As per current Income Tax guidelines on LTCG: For computation of capital gains for securities acquired on or before 31st January, 2018 the purchase cost of
acquisition will be determined as stated below: Higher of-
a) The actual cost of acquisition of shares and b) the lower of –
i. The fair market value of shares on 31st January, 2018 and ii. Sale consideration of shares
I/We confirm that the above securities are not acquired through other NRI's/Private arrangement from RI/NRI/any other similar mode, In case of such securities
to be reported then I /We will report the same separately with all details .I/We also confirm that the above shares acquired by me /us have been complied with STT
provisions and are eligible for capital gain tax benefits available on sale of shares on stock market floor as per the Income Tax Act,1961and relevant regulations
issued thereon.
In case of ESOP shares, I/We will provide the details as per ESOP checklist and I/We confirm that if the perquisite tax is not paid in India then Fair Market Value
(FMV) will not be considered as cost of acquisition for computation of capital gain instead Exercise price will be considered as cost of acquisition.
I hereby indemnify and hold the Bank harmless at all times against any and all claims, liabilities, damages, losses, costs, charges, expenses (including, legal cost
and fees), proceedings, and actions of any nature whatsoever made or instituted against or caused to or suffered by the Bank directly or indirectly on account of
wrong computation of capital gain taxes by placing reliance on aforementioned information/data and confirmation provided by me/us.

S24

XX 1st Account Holder XX 2nd Account Holder XX 3rd Account Holder

Name of 1st Account Holder Name of 2nd Account Holder Name of 3rd Account Holder

24
 Signature Mismatch Declaration 3108672965
UDN

This is to certify that the Mr/Mrs/Ms _________________________________________________________________________ has a Savings

Account with HDFC Bank Limited. I/We confirm that the client has signed on the DEMAT / HSL Trading AOF in presence of the bank staff and the signature
tallies with the specimen held on our bank record.
FOR BANK USE ONLY

Name of the Bank Staff _____________________________________________________________

Emp Code__________________ Designation______________________
Seal / Stamp of

D D M M Y Y Y Y HDFC Bank
Place_____________________

This certificate has been issued for the purpose and use by HDFC Bank Limited Signature of the Bank Staff

Name Mismatch Declaration

I have Made the necessary enquiries on the discrepancies observed between the name on the ID/ address proof and name on AOF and I hereby confirm that
the individual signing the AOF and the individual appearing on the ID / address document are one and the same person.
I confirm that
Name on the DEMAT /HSL Trading AOF:- ___________________________________________________________________________
& Name on ID /Address proof ___________________________________________________________ are one and the same person.
FOR BANK USE ONLY

Name of the Bank Staff _____________________________________________________________

Emp Code__________________ Designation______________________
Seal / Stamp of

D D M M Y Y Y Y HDFC Bank
Place_____________________

This certificate has been issued for the purpose and use by HDFC Bank Limited Signature of the Bank Staff

Person of Indian Origin (PIO) Declaration (Not to be used by citizens of Bangladesh or Pakistan)
I (Name) _________________________________________________________________________________ hereby declare that I am a Person of
Indian Origin (PIO) because I satisfy one of the following conditions: (Please select from the below)
I held an Indian Passport earlier
My father / mother / grandfather / grandmother (Name)___________________________________________is / was a citizen of India
I am a spouse of (Name)_________________________________________________________________who is an Indian Citizen
I am a spouse of (Name) _________________________________________________________________________who is a PIO
Further, I hereby - (Please select from the below)
- Submit the following documents in support of my declaration.

• _____________________________________________________
Declare that I do not possess any document in support of my declaration
I confirm the above information is true and correct and that I may be required to prove my status as a PIO if I’m questioned by any authority.

S25
X Signature of Client Place : ________________ Date: _____________

Declaration for a Non- English language document submitted to the Bank

I / We request you to kindly open an NRE / NRO (Savings / Current / Time Deposit) / FCNR Deposit in my / our name on the basis of the
documents submitted as a proof of my / our NRI Status (other than my / our passport). The details as per the document are:
1. Document Name: ____________________________________________________________________________________________________
2. Document No: ______________________________________________________________________________________________________
3. Issued By: ________________________________________________________________________________________________________
4. Issued At (Place): ___________________________________________________________________________________________________
5. Issued On: ________________________________________________________________________________________________________
6. Valid Til: __________________________________________________________________________________________________________

I / We hereby confirm the validity of the above document given that the same in a non-English language.
I / We also confirm that I / We will inform HDFC Bank in case my / our residential status changes from a Non-Resident Indian to a Resident
Indian and will have the Non-Resident Account (s) opened in my / our name changed to Resident / RFC accounts (as eligible).
Yours Sincerely,
S26
X Signature (1st holder) X Signature (2nd holder) X Signature (3rd holder)

25
 Sr No. KYC Documents required to Open 3-in-1 Account
1. Mandatory Documents
Pan Card
Passport (Indian/Foreign Passport)
Valid Visa – Work/Student/employment/resident permit etc
PIO/OCI Card (mandatory in case of foreign passport)
CDC Card (in case of seafarers) issued by Govt. of India, exit and entry stamp required for not more than 6 months old.
2. Acceptable proof of Foreign Address (any one), if mentioned on Account opening form
Foreign Passport
Driving Licence
PIO Card / OCI Card issued by Central Government
Utility Bill / Gas Bill / Telephone / Electricity Not More Than 2 Months Old
Letter from existing banker (on letterhead with account number, address as per bank record, signature &
rubber stamp of the bank)
Bank statement, Not more than 3 months old

3. Proof of Indian Address if mentioned on Account opening form - Official valid documents as proof of Identity and
Proof of Address (Any one Mandatory)
Indian Passport
Driving Licence
Aadhar card
Voter's Indentity Card
4. Additional Document required for Equity Derivatives PrIvilege, (Any One)
Bank account statement (for last 6 months)
Demat account holding statement (not more than 3 months old)
Salary slip ( latest one month for current FY)
Form 16 ( for last financial year)
Income Tax Return Acknowledgement (for last financial year)
Networth Certificate (latest or at the end of last FY)
5. Indian Address Proof for MF Privilege / US / Canada NR Clients
Indian Passport
Aadhar card
Voter’s ID Card
Driving License

Instructions for KYC

All the documents must be self attested by applicant
In case of face to face account opening all documents must be accompanied by Original Seen and Verifed (OSV)
and in person verification done by banker
In case of non face to face account opening process, all the KYC documents must be attested by any one of the below mentioned autorities.
a> Notary Public
b> Local bank ( Name, Designation, Employee code and bank seal must be affixed on all copies)
c> Court Magistrate
d>Judge
e> Indian Embassy/Consulate General
If any proof of identity or address is in a foreign language, then translation into English is required
Name & address of the applicant mentioned on the KYC form, should match with the documentary proof submitted.
If correspondence & permanent address are different, then proofs for both have to be submitted
Stock broker has an option of doing in-person verification through web camera at the branch office.
PAN is mandatory, but not an official valid Document (OVD) as Proof of Identity
Official Valid Documents As a proof of Identity and Proof Of Address (any one mandatory)

26
 Annexure O (T&C for Electronic instructions)

Annexure O - Terms and Conditions for electronic instructions received from the Client by the Trading Members and/or the Participants which are authenticated by
the Participant and/or Trading Member and accepted by the Client on the Depository system

A. The Client availing this facility shall ensure that: experts as may be become necessary for NSDL, Trading Member and / or
a. The Client shall be required to be authenticated through remembered the Participant to engage, caused due to the availing of the services by the
information along with OTP confirmation for each transaction processed Client in any and all circumstances including without limitation, the
through this facility. Client shall abide by such measures as may be following:
required to ensure the safety and security of the Client’s access to and I Falsehood or misrepresentation of any nature by the Client (or any
usage of electronic facility and instructions received from Trading person acting on behalf of the Client)
Member and / or Participant and / or NSDL. ii) Failure to use a trustworthy system for access the electronic facility;
b. The Client agrees to take adequate safety measures for accessing iii) Failure to take the precautions necessary to prevent the compromise,
electronic facility, including but not limited to taking all the necessary loss, disclosure, modification, or unauthorised use of the Client’s
steps to ensure confidentiality and secrecy of the Client’s remembered remembered information, OTP or access to mobile number and / or
information and OTP received for authentication of the Client and shall not email ID as recorded in the demat account of the Client
reveal the same and / or grant access to mobile number and / or email ID h. Notwithstanding anything contained herein, the Client recognises and
as recorded in demat account of the Client, to any employee, agent or acknowledges that the Trading member/Participant may, in accordance
official of the Trading Member or Participant or to any other person. The with instructions received by the Trading Member/Participant from NSDL,
Client acknowledges that failure to adhere to safety and security prescribe such other security measures as it deems fit, in replacement of
measures prescribed by NSDL, Participant and / or the Trading Member or supplementing the validation process through the use of remembered
could lead to a loss of confidentiality and secrecy of the remembered information or OTP, including without limitation the use of biometrics and
information and OTP, thereby exposing the Client to the risk of financial such other methods as would validate the identity of the Client for access
losses. to the electronic facility. The Client agrees that a condition precedent for
c. The Client acknowledges that all instructions received from the Client by the Client’s access to electronic facility is that the Client shall provide
the Depository through this facility and processed after remembered such information, data, and access to its representatives and personnel,
information and OTP based authentication on Depository platform and as as may be designated by the Client as the users of the electronic facility in
per the pre-trade authorization / mandate as submitted by the Client, shall order to enable Participant to generate such biometric criteria or other
be conclusive evidence of such instructions having been issued by the criteria in accordance with the security measures prescribed by
Client and shall be attributed to the Client. The Depository, Participant or Participant, in accordance with instructions received by the Participant
Trading Member shall not be held liable for acting on the instructions so from NSDL.
received.
d. If the Client has reason to believe that the confidentiality of the B. Participant shall take note and ensure the following: -
remembered information or OTP or access to mobile number or email ID a) The Participant may withdraw the access of the Client to electronic facility
as recorded in demat account of the Client, has been compromised, the at any time provided a notice of at least thirty (30) days is given to the
Client shall intimate the Participant [or Trading Member] forthwith about Client. The Participant may suspend or terminate the service without prior
such compromise or loss. The Participant [or Trading Member] shall take notice if the Client has breached any of these terms and conditions or
best efforts to forthwith disable the Client’s access to electronic facility rights and obligation of demat account, or if the Participant learns of the
not later than one Working Day of receipt of such intimation from the death, bankruptcy, lunacy or loss of legal capacity of the Client.
Client. However, if any instructions are received prior to such b) This facility unless opt out by Client earlier shall be deemed to be opt out
disablement, the Depository and Participant shall not be liable for losses, immediately on closure of demat account.
if any, arising out of execution of such instructions.
e. The Client further acknowledges that the Client shall not have any right to C. General Terms & Conditions:
any claim against either the Participant or NSDL for losses, if any, a. Any dispute or difference between the Parties, other than disputes between
incurred due to non-execution of such instructions received late and/or client and Trading Member to be settled through arbitration mechanism of
executed on a best-effort basis. In the event of any dispute relating to the the concerned Stock Exchange(s) and falling beyond the scope of the
date and time of receipt of the instructions on electronic facility, NSDL’s Depository, shall be resolved solely by means of reference to binding
records shall be conclusive evidence and the Parties agree that NSDL’s arbitration under the arbitration mechanism as provided in the Bye-Laws
decision on the same shall be final and binding on both Parties. and Business Rules.
f. The Client may opt out from this facility at any time by giving a notice in b. The above terms and conditions are in addition to and do not undermine in
writing or through electronic facility to the Trading Member, Participant or any manner whatsoever the terms and conditions forming a part of the
Depository. The Trading member or, Participant shall terminate the rights and obligation of Participant and Client.
service within fifteen (15) days of receipt of such notice.
g. The Client agrees to indemnify, keep indemnified and hold the Participant
and NSDL harmless from any loss, damage, claim, suits, legal
proceedings, investigations, expenses of every kind and any other
liabilitywhatsoever, including reasonable attorney’s fees and fees of such

Additional Rights and Obligations

The stock broker / Stock broker and depository participant shall not directly / indirectly compel the clients to execute Power of Attorney (POA) or Demat Debit and
Pledge Instructions (DDPI) or deny services to the client if the client refuses to execute POA or DDPI.

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 Note: For Individual Demat Account Customers Only (To be given to the Customers)

Rights and Obligations of Beneficial Owner and Depository Participant as prescribed by SEBI and Depositories
General Clause any reasons whatsoever, provided the DP has given a notice in writing of not less than
1. The Beneficial Owner and the Depository participant (DP) shall be bound by the thirty days to the Beneficial Owner as well as to the Depositor y. Similarly, the Beneficial
provisions of the Depositories Act, 1996, SEBI (Depositories and Participants) Owner shall have the right to close his/her Demat account held with the DP provided no
Regulations, 2018, Rules and Regulations of Securities and Exchange Board of charges are payable by him/her to the DP. In such an event, the Beneficial Owner shall
India(SEBI), Circulars/Notifications/Guidelines issued there under, Bye Laws and specify whether the balances in their Demat account should be transferred to another
Business Rules/Operating Instructions issued by the Depositories and relevant Demat account of the Beneficial Owner held with another DP or to rematerialize the
notifications of Government Authorities as may be in force from time to time. security balances held.
2. The DP shall open/activate Demat account of a beneficial owner in the depository 18. Based on the instructions of the Beneficial Owner, the DP shall initiate the procedure
system only after receipt of complete Account opening form, KYC and supporting for transferring such security balances or rematerialize such security balances within a
documents as specified by SEBI from time to time. period of thirty days as per procedure specified from time to time by the depository.
Beneficial Owner information Provided further, closure of Demat account shall not affect the rights, liabilities and
3. The DP shall maintain all the details of the beneficial owner(s) as mentioned in the obligations of either the Beneficial Owner or the DP and shall continue to bind the parties to
account opening form, supporting documents submitted by them and/or any other their satisfactory completion.
information pertaining to the beneficial owner confidentially and shall not disclose the Default in payment of charges
same to any person except as required by any statutory, legal or regulatory authority in this 19. In event of Beneficial Owner committing a default in the payment of any amount
regard. provided in Clause 5 & 6 within a period of thirty days from the date of demand, without
4. The Beneficial Owner shall immediately notify the DP in writing, if there is any change in prejudice to the right of the DP to close the Demat account of the Beneficial Owner, the DP
details provided in the account opening form as submitted to the DP at the time of opening may charge interest at a rate as specified by the Depository from time to time for the period
the Demat account or furnished to the DP from time to time. of such default.
Fees/Charges/Tariff 20. In case the Beneficial Owner has failed to make the payment of any of the amounts as
5. The Beneficial Owner shall pay such charges to the DP for the purpose of holding and provided in Clause 5&6 specified above, the DP after giving two days notice to the
transfer of securities in dematerialized form and for availing depository services as may be Beneficial Owner shall have the right to stop processing of instructions of the Beneficial
agreed to from time to time between the DP and the Beneficial Owner as set out in the tariff Owner till such time he makes the payment along with interest, if any.
Sheet provided by the DP. It may be informed to the Beneficial Owner that " no charges are Liability of the Depository
payable for opening of Demat accounts” 21. As per Section 16 of Depositories Act, 1996,
6. In case of Basic Services Demat Accounts, the DP shall adhere to the charge structure 1. Without prejudice to the provisions of any other law for the time being in force,
as laid down under the relevant SEBI and/or Depository circulars/directions/notifications any loss caused to the beneficial owner due to the negligence of the depository
issued from time to time. or the participant, the depository shall indemnify such beneficial owner.
7. The DP shall not increase any charges/tariff agreed upon unless it has given a notice in 2. Where the loss due to the negligence of the participant under Clause (1) above,
writing of not less than thirty days to the Beneficial Owner regarding the same. is indemnified by the depository, the depository shall have the right to recover
Dematerialization the same from such participant.
8. The Beneficial Owner shall have the right to get the securities, which have been admitted Freezing/ Defreezing of accounts
on the Depositories, dematerialized in the form and manner laid down under the Bye Laws, 22. The Beneficial Owner may exercise the right to freeze/defreeze his/her Demat account
Business Rules and Operating Instructions of the depositories. maintained with the DP in accordance with the procedure and subject to the restrictions
Separate Accounts laid down under the Bye Laws and Business Rules/Operating Instructions.
9. The DP shall open separate accounts in the name of each of the beneficial owners and 23. The DP or the Depository shall have the right to freeze/defreeze the accounts of the
securities of each beneficial owner shall be segregated and shall not be mixed up with the Beneficial Owners on receipt of instructions received from any regulator or court or any
securities of other beneficial owners and/or DP’s own securities held in dematerialized statutory authority.
form. Redressal of Investor grievance
10. The DP shall not facilitate the Beneficial Owner to create or permit any pledge and /or 24. The DP shall redress all grievances of the Beneficial Owner against the DP within a
hypothecation or any other interest or encumbrance over all or any of such securities period of thirty days from the date of receipt of the complaint.
submitted for dematerialization and/or held in Demat account except in the form and Authorized representative
manner prescribed in the Depositories Act, 1996, SEBI (Depositories and Participants) 25. If the Beneficial Owner is a body corporate or a legal entity, it shall, along with the
Regulations, 2018, and Bye-Laws/Operating Instructions/Business Rules of the account opening form, furnish to the DP, a list of officials authorized by it, who shall
Depositories. represent and interact on its behalf with the Participant. Any change in such list including
Transfer of Securities additions, deletions or alterations thereto shall be forthwith communicated to the
11. The DP shall effect transfer to and from the Demat accounts of the Beneficial Owner Participant.
only on the basis of an order, instruction, direction or mandate duly authorized by the Law and Jurisdiction
Beneficial Owner and the DP shall maintain the original documents and the audit trail of 26. In addition to the specific rights set out in this document, the DP and the Beneficial
such authorizations. owner shall be entitled to exercise any other rights which the DP or the Beneficial Owner
12. The Beneficial Owner reserves the right to give standing instructions with regard to the may have under the Rules, Bye Laws and Regulations of the respective Depository in
crediting of securities in his Demat account and the DP shall act according to such which the Demat account is opened and circulars/notices issued there under or Rules and
instructions. Regulations of SEBI.
Statement of account 27. The provisions of this document shall always be subject to Government notification,
13. The DP shall provide statements of accounts to the beneficial owner in such form and any rules, regulations, guidelines and circulars/ notices issued by SEBI and Rules,
manner and at such time as agreed with the Beneficial Owner and as specified by Regulations and Bye-laws of the relevant Depository, where the Beneficial Owner
SEBI/depository in this regard. maintains his/ her account, that may be in force from time to time.
14. However, if the balance has become Nil during the year, the DP shall send one holding 28. The Beneficial Owner and the DP shall abide by the arbitration and conciliation
statement annually to such BOs through email and shall resume sending the transaction procedure prescribed under the Bye-laws of the depository and that such procedure shall
statement as and when there is a transaction in the account. In case of accounts with be applicable to any disputes between the DP and the Beneficial Owner.
credit balance but no transactions during the year, half yearly statement of holding for the 29. Words and expressions which are used in this document but which are not defined
year shall be sent to the BO through email. herein shall unless the context otherwise requires, have the same meanings as assigned
15. The DP shall provide the services of issuing the statement of demat accounts in an thereto in the Rules, Bye-laws and Regulations and circulars/notices issued there under by
electronic mode. The DP will furnish to the BO the statement of demat accounts under its the depository and /or SEBI
digital signature, as governed under the Information Technology Act, 2000. However, if the 30. Any changes in the rights and obligations which are specified by SEBI/Depositories
DP does not have the facility of providing the statement of demat account in the electronic shall also be brought to the notice of the clients at once.
mode, then the DP shall be obliged to forward the statement of demat accounts in physical 31. If the rights and obligations of the parties hereto are altered by virtue of change in Rules
form. and regulations of SEBI or Bye-laws, Rules and Regulations of the relevant Depository,
16. In case of Basic Services Demat Accounts, the DP shall send the transaction where the Beneficial Owner maintains his/her account, such changes shall be deemed to
statements as mandated by SEBI and/or Depository from time to time. have been incorporated herein in modification of the rights and obligations of the parties
Manner of Closure of Demat account mentioned in this document.
17. The DP shall have the right to close the Demat account of the Beneficial Owner, for
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 Tariff sheet for HDFC Bank Individual Demat Accounts - Regular / Basic Services Demat Account (Effective 1st Sep'24)

Sr.
Fee Head Type Fees Min
No.

1 Account opening charges Nil

2 Credit Transactions Nil

3 Debit Transactions like Equity / Debt / Mutual Funds (Market / Off Market) 0.04% of the value of the txn. (Max Rs 4,999/-) Rs. 30/-
Inclusive of NSDL / CDSL actual debit Inclusive of NSDL / CDSL actual debit
4 Pledge Services(Closure / Creation / Invocation) transaction charges transaction charges

5 Margin Pledge (Creation / Invocation / Closure) Rs. 20/- per instruction

Rs.5/- per certificate +

6 Dematerialisation Certificate + Dematerialisation Request Rs. 40/-
Rs. 35/- per request

Rs.30/- per request + NSDL

/ CDSL actuals, Currently
a) Rs.10/- for every hundred Rs.40/- (min)
7 Rematerialisation Rematerialisation Request
securities or part thereof; or
b) a flat fee of Rs.10/- per Rs.5,00,000 (max)
cer tificate whichever is
higher

Reconversion of Mutual Funds Rs 30/- per request + NSDL / CDSL actuals, Currently Rs 10/- per request in NSDL & Rs 5.50/- per
Reconversion of request in CDSL
8 Mutual Funds/Redemption
of Mutual Fund units Redemption of Mutual Fund units Rs 30/- per request + NSDL / CDSL actuals, Currently Rs 4.50/- per request in NSDL & Rs 5.50/- per
request in CDSL
9 Reissuance of Delivery Instruction Booklet (DIB) Rs.75/- per booklet
Mailing Charges Courier / Inland Address Rs.35/- per request
10 Postal Charges only
(Adhoc Statement) Foreign Address Rs.500/- per request

AMC Holding Value

Annual Maintenance *** NIL 0 to 4,00,000

11 AMC - BSDA Demat Ac
Charges *** Rs 100 p.a. 4,00,001 to 10,00,000
*** Rs 750 p.a. Above 10,00,000
AMC - Regular Demat Ac Rs. 750 p.a. -

Terms & Conditions:

1. Demat customers eligible for the BSDA facility need to register their mobile number for the SMS alert facility for debit transactions. 2. Customers who have a banking relationship with HDFC Bank
to provide a debit authorisation for the recovery of service charges. Customers having only a Depository relationship will be required to maintain a balance of Rs. 7,500/- in an account maintained
by Bank for each Demat account. The Customer also need to replenish the balances in the said account immediately if and when it falls below Rs.5,000/-. 3. The above charges are exclusive of
applicable GST and other taxes / statutory charges levied by Government bodies / statutory authorities from time to time, which will be charged as applicable. 4. All charges / service standards are
subject to revision at the Bank’s sole discretion at any given point of time and the same shall be communicated to the customers with a notice of 30 days. Incase you are applicable for submission of
GSTIN details, please provide details in a separate "GST Annexure". GST Annexure is available on our website (www.hdfcbank.com >> Form Center>> Demat Tab >> GST Annexure). 5. ***
The Annual Maintenance Charges are levied, in advance, for a period of one year at the beginning of the billing cycle. For the computation of AMC for Managed Program, the transactions for the
previous year will be evaluated, and basis the number of transactions done by the customer, AMC will be levied as per the transaction slabs defined. (For more details of Managed program, kindly
refer our website www.hdfcbank.com ) 6.To evaluate the eligibility for Basic Services Demat Accounts (BSDA), the value of holdings will be determined on a daily basis, as per the file sent by the
NSDL / CDSL The AMC will be calculated at the pro-rata basis based on the value of holding of securities in the account. 7. In case of BSDA, such accounts would be levied AMC applicable basis the
value of holdings exceeding the prescribed limit immediately from the next day of exceeding such limit. 8.Incase the Demat accounts with BSDA facility does not meet the listed eligibility as per
guideline issued by SEBI or any such authority at any point of time, such BSDA accounts will be converted to Standard program Demat accounts without further reference to the respective
customers and will be levied standard Program pricing. 9. Incase if the Demat accounts with BSDA facility exceed the prescribed limits and move out of the stipulated BSDA criteria, the eligibility of
such accounts for BSDA facility will be evaluated on the last day of the Annual billing cycle. 10. The value of the transaction will be in accordance with rates provided by Depositories (NSDL / CDSL).
11. The transaction charges will be payable monthly. The charges quoted above are for the services listed. Any service not quoted above will be charged separately. 12. Debit transaction charges
are inclusive of NSDL / CDSL actuals which are ₹ 4.00 / ₹3.50 per debit instruction respectively. 13. Effective 01st Oct'24, Youth Demat Account holder will enjoy charge free debit transactions
from NSDL. It is applicable for Demat Accounts where in customers must be below twenty four years at the time of Account opening and is extended for only three years. 14. CDSL discounts on
Debit transactions are - Women Demat account holders (as first holder) will enjoy a discount of ₹0.25 per debit transaction on the CDSL actuals. - Debit transactions of mutual funds & bonds will
enjoy a discount of ₹0.25 per on the CDSL actuals. 15. The operating instructions for the joint accounts must be signed by all the holders. 16. All instructions for transfer must be received at the
designated DP servicing branches of the Bank at least 24 hours before the execution date. 17. In case of non- recovery of service charges due to inadequate balance in your linked bank account or
inadequate advance fees or invalid bank account, the Depository services for your account will be temporarily discontinued. The services will be resumed in a minimum of three working days from
the date of receipt of request with HDFC Bank and post payment of all outstanding dues towards Depository charges. 18. In case the Demat accounts are with nil balances / transactions or incase if
the customer defaults in payment of AMC, the physical statement shall not be sent to the customer after period of 1 year. However the electronic statement of holding will be sent only to the
customers whose email IDs are registered for e-statement. 19. The Depositories have started dispatching Consolidated Account Statement (CAS) to the customers w.e.f. March 2015, hence
despatch of physical statements has been discontinued. 20. Your Transaction cum Billing statement will be available on NetBanking under Demat tab by second week of every month with option to
view /download. Effective 01July'2020 stamp duty charges would be collected on consideration amount of OffMarket transfer / Pledge invocation instruction, before execution of request.

I/we agree to abide by and to be bound by all the Terms and Conditions pertaining to Debit authorisation, E-mail statement and Fee & schedule.
HDFC Bank Limited, Depository Services, Empire Plaza I, 4th Floor, Chandan Nagar, LBS Marg, Vikhroli West, Mumbai - 400083.
Registered Office: HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 13.

ACKNOWLEDGMENT NSDL (DP ID - IN 300126 / IN 301151 / IN 301549 / IN 300476 / IN 300601 / IN 301436), CDSL (DP ID - 13012400)

Received the application from Mr/Ms_____________________________ as the sole/first holder alongwith _____________________________
Participant Stamp & Signature
and _______________________________ as the second and third holders respectively for opening of a depository account. Please quote the
DP ID & Client ID allotted to you in all your future correspondence.
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