Accounts & headline costs
Sections ↑HDFC Securities operates two materially different retail propositions: InvestRight provides the established full-service relationship, while HDFC SKY uses a separate order-priced account workflow. Both sit under HDFC Securities Limited. A bank account, demat custody and trading account perform different jobs; a Value plan or derivatives offer then changes particular charges within the chosen relationship.[1][2][19]
Account comparison01
Start with the actual retail service and tariff
| Component | InvestRight default resident tariff | HDFC SKY resident tariff | Important qualification |
|---|---|---|---|
| Trading opening | ₹999 once | Free | Promotional or subscribed opening terms can replace the default. |
| Equity delivery | 0.50% | Lower of ₹20 or 2.5% per order | Taxes and demat debits are additional. |
| Cash intraday | Approved margin scrips 0.05%; other cash intraday 0.10% | Lower of ₹20 or 2.5% per order | Intraday is separate from a funded delivery purchase. |
| Equity futures | 0.05% carry; 0.025% intraday | Lower of ₹20 or 2.5% per order | Value or derivatives registration can change the applicable tariff. |
| Equity options | Higher of 1% premium or ₹100 per lot | ₹20 per order | A lot and an executed order are different units. |
| Minimum handling | ₹25 minimum with a 2.5% ceiling; sub-₹10 shares have ₹0.05/unit minimum | The published small-order cap applies as stated above | Use the applicable segment and mapped plan when calculating small trades. |
Account comparison02
Domestic account routes
| Route | Account arrangement | What changes |
|---|---|---|
| Established service / InvestRight | Application supports trading-only, trading plus demat, and standalone demat; HDFC Bank or another bank can be specified. | Confirm the actual depository participant: HDFC Bank’s demat tariff is not automatically HDFC Securities’ tariff.Source 2 |
| SKY three-in-one | HDFC Bank savings, SKY trading and SKY demat in a linked opening process. | Eligible SKY Direct customers keep investment funds in the bank until settlement.Source 19 |
| Moving from traditional to SKY | The existing HSL trading account must close before opening SKY. | HSL demat holdings can move by closure-cum-transfer or CDSL Easiest; HDFC Bank demat closure requires its bank servicing branch.Source 21 |
| Domestic account currency | Indian exchange transactions and the domestic tariffs in this profile use INR. | The Global Investing service has separate USD funding and foreign-market charges.Source 2Source 35 |
Pricing & charges03
Resident Value plans: published fees before GST
| Plan / fee | Delivery / intraday | Free cash volume: 90 days |
|---|---|---|
| Optima / ₹999 | 0.30% / 0.03% | ₹2 lakhSource 4 |
| Maxima / ₹2,999 | 0.20% / 0.02% | ₹5 lakhSource 4 |
| Premia / ₹4,999 | 0.15% / 0.015% | ₹12 lakhSource 4 |
| Platina / ₹9,999 | 0.10% / 0.01% | ₹25 lakhSource 4 |
| Supreme / ₹24,999 | 0.075% / 0.0075% | ₹1 croreSource 4 |
| Elite / ₹49,999 | 0.050% / 0.005% | ₹5 croreSource 4 |
The current resident Value cards use a lifetime pricing description and a 90-day free cash-turnover allowance. Fees shown are before GST. The page limits activation to resident customers linked to HDFC Bank with active POA. Subscription money buys the specified tariff and allowance; it is not cash available for purchasing securities.[4]
Reference table04
Derivatives offers and similarly named subscription families
| Offer family | Published feature | Scope and distinction |
|---|---|---|
| Free Derivative Value Plan | F&O at ₹20 per order with included ProTerminal access. | Requires registration; it does not establish ₹20 delivery brokerage for every InvestRight customer.Source 5 |
| Lifetime-labelled resident Value cards | Optima through Elite offer different delivery/intraday rates and initial cash-volume allowances. | The assigned derivatives plan must be identified separately.Source 4 |
| Account Open Value Plans | Separate published conditions describe 360-day validity and automatic renewal. | Do not attach that renewal clause to every lifetime-labelled plan merely because both use the words Value Plan.Source 6 |
Non-resident banking and pricing
Account comparison05
NRI account service
| Component | Published arrangement |
|---|---|
| Three-in-one | PIS, demat and trading integrated with the NRE/NRO banking route; PIS reporting is part of the designated account service.Source 8 |
| Assistance | Emerald Desk and a dedicated NRI relationship manager support investing and order requests.Source 8 |
| After-hours instruction | The service accepts orders outside market hours for later processing; this is not an assertion of off-exchange execution.Source 8 |
Pricing & charges06
NRI Value plans: do not substitute resident rates
| Plan / fee before GST | Delivery and ETF / futures / options per lot | Free cash allowance / validity |
|---|---|---|
| Supreme / ₹499 | 0.75% / 0.05% / ₹100 | None shownSource 7 |
| Premia / ₹4,999 | 0.50% / 0.05% / ₹100 | None shownSource 7 |
| Platina / ₹9,999 | 0.30% / 0.03% / ₹25 | ₹5 lakh / 3 monthsSource 7 |
| Ultima / ₹29,999 | 0.20% / 0.02% / ₹20 | ₹30 lakh / 3 monthsSource 7 |
| Elite / ₹49,999 | 0.15% / 0.015% / ₹15 | ₹80 lakh / 6 monthsSource 7 |
| Sterling / ₹99,999 | 0.10% / 0.010% / ₹10 | ₹3 crore / 360 daysSource 7 |
These NRI prices are a separate offer family. The cards show a ₹25 minimum, no cash-intraday facility and the stated time or usage limit for free turnover. The remaining delivery rate is described as applying for the lifetime of the current offer. Derivative intraday brokerage applies on both legs. Country, banking and product eligibility must be established through the NRI route before using a quoted plan.[7][8]
Products, ownership & platforms
Sections ↑Reference table07
Products and the relationship used to hold them
| Product | Account operation and limitation |
|---|---|
| Shares and ETFs | Domestic exchange investing through the trading/demat relationship; cash purchases and funded purchases have different obligations.Source 19 |
| Traditional mutual funds | Consent or a BSE/NSE privilege form activates the service. Purchases, additional subscriptions, redemptions and SIPs use the existing login; the FAQ describes demat allotment.Source 22 |
| SKY mutual funds | Lump-sum purchases and automated SIPs, with a consolidated fund dashboard. The order must specify the actual scheme and plan.Source 23 |
| Direct versus Regular funds | Regular plans include distribution costs in their expense ratio. Public explanatory pages do not establish that every Direct plan is executable through these accounts; check the selected plan label and TER.Source 25 |
| IPOs | Applications through the platform and linked banking route; offer-specific lots, eligibility, mandate and allotment conditions apply.Source 19 |
| Larger IPO applications | SKY Direct supports applications above the ₹5 lakh UPI limit through the linked banking route.Source 19 |
| Bonds and NRI investments | The NRI service lists bonds, equities, ETFs, mutual funds, IPOs and derivatives; eligibility follows the selected NRE/NRO route.Source 8 |
| Commodities | SKY offers commodity order entry on web/app; HSL identifies MCX membership. Contract margins, expiry and delivery specifications need separate attention.Source 26 |
A mutual fund’s Direct or Regular label describes its expense and distribution structure; demat versus statement-of-account describes where units are recorded. They are separate choices. The published menus and educational pages do not establish that every Direct scheme is executable in each HDFC account, so the selected scheme name and its expense ratio remain essential parts of the comparison.[22][25][23]
Platforms & products08
Human support and digital interfaces
| Interface or service | Published capability | Boundary |
|---|---|---|
| InvestRight web and application | Trading, portfolio information, research and an advisory-led service proposition. | The relationship and approved segments govern access; research does not guarantee a result.Source 1Source 28 |
| HDFC SKY web and application | Order entry, portfolio and fund investing through a discount brokerage proposition. | SKY has its own account and tariff despite the common legal company.Source 1Source 23 |
| ProTerminal | Advanced trading platform included with the registered free Derivative Value Plan. | The promotion is conditional on that plan; it is not a general fee waiver for all services.Source 5 |
| SKY fund dashboard | Lump-sum and SIP workflows with consolidated fund information. | Scheme minimums and debit mandates apply separately from share-order prices.Source 24 |
Overseas investing uses a separate account
The Global Investing page directs accounts opened after 19 July 2024, and migrated accounts, to the Vested route; it also identifies VF Securities Inc. in the US securities relationship. Earlier accounts use the Stockal route. The partner on the actual agreement determines execution, custody and the applicable foreign account terms.[35]
Reference table09
Foreign-market services
| Function | Published availability | Account implication |
|---|---|---|
| US shares and fractional investing | Eligible fractional investments and recurring purchases. | A domestic demat balance is separate from the foreign securities account. |
| Extended hours | The service describes pre-market and after-market instructions. | An off-session order may be queued; neither timing nor a fill price is assured. |
Full costs, maintenance & financing
Sections ↑A complete HDFC cost comparison needs the execution plan, actual depository participant, financing method and optional services. HDFC Bank demat, HDFC Securities demat and SKY demat should not inherit one another’s maintenance or pledge tariffs. The figures below keep those account charges separate from transaction taxes and borrowing.[2][12][10]
Pricing & charges10
SKY account, depository and assisted-service charges
| Item | Published charge, before GST unless stated |
|---|---|
| Account opening / maintenance | Opening free; first-year AMC waived, then ₹20/month.Source 10 |
| Delivery sale debit | ₹20 per transaction.Source 10 |
| Pledge creation / invocation | ₹20 per transaction.Source 10 |
| Dematerialisation | ₹50/certificate plus courier.Source 10 |
| Call and trade | ₹20/call.Source 11 |
| Netbanking / UPI funding | No payment-method charge.Source 11 |
| Physical contract note | ₹20/note plus courier.Source 11 |
| OFS / buyback / delisting orders | ₹20 plus GST/order.Source 9 |
Pricing & charges11
HDFC Securities DP charges: a different schedule from SKY
| Service | Current published amount |
|---|---|
| Opening / ordinary AMC | Opening nil; ₹750/year, first year free; AMC calculated and debited monthly.Source 12 |
| Qualifying BSDA AMC | Holdings ≤₹4 lakh: nil; above ₹4 lakh through ₹10 lakh: ₹100/year. Other eligibility conditions apply.Source 12 |
| Equity, debt and fund-unit debits | ₹20/transaction, market or off-market. Credit transactions are free.Source 12 |
| Ordinary / unpaid-securities pledge | Higher of 0.04% or ₹40.Source 12 |
| HSL margin / MTF pledge | ₹10 / ₹20 per transaction respectively.Source 12 |
| Dematerialisation | ₹5/certificate + ₹35/request, minimum ₹40.Source 12 |
| Rematerialisation | ₹50 per 100 securities or part, maximum ₹5 lakh.Source 12 |
| Courier / instruction booklet | Domestic ₹35, overseas ₹500/request; five-leaf booklet ₹75. GST additional.Source 12 |
Pricing & charges12
Taxes remain outside the advertised order price
| Product | STT | Buy-side stamp duty |
|---|---|---|
| Equity delivery | 0.1% on buy and sell | 0.015%Source 11 |
| Equity intraday | 0.025% on sell | 0.003%Source 11 |
| Equity futures | 0.05% on sell | 0.002%Source 11 |
| Equity options | 0.15% on sale premium | 0.003% on premiumSource 11 |
| Other costs | SEBI ₹10/crore turnover; exchange fees additional. | GST 18% applies to the taxable service charges.Source 11 |
Reference table13
Public SKY pricing differences that require the assigned tariff
| Item | Primary table | Other published wording |
|---|---|---|
| RMS automatic close-out | Additional lower of ₹20 or 2.5%. | The same pricing page’s FAQ says ₹50 plus GST per squared-off position. |
| Small ETF intraday orders | ETF rows say ₹20. | The FAQ applies the lower-of-2.5% cap. |
| Maintenance category | ₹20/month after the first-year waiver. | A later demat FAQ quotes ₹25/month in a multiple-account/BSDA example without a clear consistent classification. |
Pricing & charges14
SKY margin funding
| Component | Published position | Account consequence |
|---|---|---|
| Funded stock purchase | Current dedicated product page: up to 5× on approved securities. | Generic pricing material still shows 4×; the security-specific approved limit controls the actual position.Source 14 |
| Interest | 12% per year, also advertised as 1% monthly. | This is financing in addition to execution, tax and depository costs.Source 13 |
| Existing pledged holdings | Eligible securities can support the initial contribution. | A haircut means market value and usable collateral differ.Source 14 |
| Funded derivative shortfall | The financing schedule quotes 12% yearly. | An F&O cash shortfall is separate from an MTF equity purchase.Source 13 |
Pricing & charges15
InvestRight financing and T20 are distinct from SKY
| Facility | Published treatment | What determines the actual debit |
|---|---|---|
| Standard full-service BSPL discussion | The product page discusses 18% annually and up to 24% where applicable. | The mapped client tariff controls; do not substitute SKY’s 12% automatically.Source 15 |
| Cash used for the MTF contribution | Interest applies to the remainder funded by HDFC. | The customer’s cash contribution reduces the financed amount.Source 16 |
| Securities used for the contribution | The updated MTF FAQ charges interest on the entire position value. | Collateral supplies security but does not supply cash to settle the purchase.Source 16 |
Pricing & charges16
Traditional T20 offer: interest relief with significant conditions
| Term | Published treatment |
|---|---|
| Eligibility / interest clock | Selected opted-in clients; first 20 calendar days from each MTF purchase interest-free, then the client’s prevailing rate.Source 18 |
| Brokerage | 0.50% on buy and sell; MTF intraday 0.50% one side; delivery conversion has the applicable 0.50% charge.Source 18 |
| Lost benefits | Existing Value/AOC free volume is permanently removed and is not restored on opting out.Source 18 |
| Migration | Existing MTF positions must close or convert before migration or opt-out; other waivers do not automatically combine.Source 18 |
T20 can exchange a financing saving for a higher turnover charge and the permanent loss of unused plan benefits. It belongs to eligible opted-in full-service customers. The subsequent annual funding rate is the customer’s prevailing tariff, while taxes and other levies remain payable throughout. A zero-interest opening period therefore does not establish a zero-cost trade.[18]
Global Investing subscriptions and execution
Reference table17
US plans: country-selected subscription displays
| Plan | India selection | Other-country selection | Execution basis |
|---|---|---|---|
| Basic | Free | Free | Up to 299 shares: $2.99/order; larger orders: $0.01/share.Source 35Source 36 |
| Silver | ₹3,999/year | $149/year | Up to 99 shares: $0.99/order; larger orders: $0.01/share.Source 35 |
| Gold | ₹13,999/year | $299/year | $0.01/share.Source 35 |
| Super Gold | ₹49,999 once | $999 once | $0.01/share.Source 35 |
The site’s country selector displays rupee subscriptions for India and dollar subscriptions for other selections. A display setting does not establish residence or account eligibility. These are subscriptions and US execution charges; banking, currency conversion, tax and remittance costs remain separate.[36][35]
Order rules, sessions & liquidation
Sections ↑Reference table18
Orders with a future condition or date
| Feature | Published mechanism | Execution boundary |
|---|---|---|
| InvestRight Good Till Date | The broker resubmits unexecuted quantities at the specified limit on later trading days until execution or expiry. | Available for stated cash, MTF and index-derivative products; a date instruction is not a guaranteed fill.Source 29 |
| SKY MTF stop loss and GTT | The current MTF product page includes both order features. | Available margin, trigger handling and market liquidity still govern the exit.Source 14 |
| Encash versus cash-and-carry | The broker states that placed orders cannot be converted between these product types. | Choose the intended sale-proceeds route when entering the instruction.Source 33 |
Trading & service hours19
Current closing auction: times in IST
| Stage | Published time / order treatment |
|---|---|
| Eligible shares | Shares with derivatives enter CAS after continuous trading ends at 15:15.Source 30Source 31 |
| 15:15–15:20 | Transition and reference-price calculation.Source 30Source 31 |
| 15:20–15:25 | Market and limit orders can be entered, modified or cancelled.Source 30Source 31 |
| 15:25–15:30 | Only limit-order changes; random closure between 15:28 and 15:30.Source 30Source 31 |
| 15:30–15:35 | Matching; equity derivatives continue until 15:40.Source 30Source 31 |
| Order exclusions | CAS excludes stop-loss and iceberg orders. Broker intraday exits can occur before the exchange close.Source 30Source 31 |
Account comparison20
Established-service MTF: operating conditions
| Condition | Practical effect |
|---|---|
| Activation | DDPI/POA and MTF consent; purchased securities are automatically pledged.Source 16 |
| Stock collateral | The FAQ says using pledged shares for the contribution causes interest on the entire MTF position amount.Source 16 |
| Holding period | Up to 999 days, provided margin, interest and continued funding requirements are met.Source 16 |
| Exit or conversion | Sell the MTF holding or supply funds to convert to delivery; a margin shortfall can force an earlier sale.Source 16 |
Reference table21
Additional funded-position controls
| Scope | Published condition | Risk implication |
|---|---|---|
| SKY holding period | The MTF operating guide describes a maximum T+999 holding period. | The broker can close earlier for an ineligible security, corporate action or other risk condition.Source 17 |
| Full-service eligibility | The newer MTF FAQ excludes NRIs, minors and custodial participants. | A product shown in the general menu is not available to every account type.Source 16 |
| Pledge authorisation workflow | The SKY guide describes manual authorisation where a pending badge appears, with a 21:00 IST T-day deadline and next-day 13:30 close-out process. | Follow the actual account workflow and outstanding-authorisation indicator; do not copy old full-service T+2 pledge examples into SKY.Source 17 |
Protections & eligibility22
Risk controls and securities delivery
| Event | What can happen |
|---|---|
| Insufficient margin or unpaid obligations | Client terms allow positions or securities to be liquidated and the proceeds applied to debt; resulting losses and charges remain payable.Source 34 |
| Stop or automatic exit | Illiquidity, price limits, gaps or systems problems can prevent the expected execution. An exit instruction does not guarantee its price.Source 34 |
| Physical delivery / exercise | The account mandate covers securities and cash obligations arising on derivative exercise. Confirm the contract’s delivery requirement and broker cutoff before expiry.Source 34 |
Funding, withdrawals & transfers
Sections ↑Reference table23
Domestic funding and settlement
| Route | Published operation | Balance to distinguish |
|---|---|---|
| SKY Direct | Eligible linked HDFC Bank funds remain in the bank until settlement. | Bank balance, blocked investment funds and withdrawable brokerage cash are different amounts.Source 19 |
| SKY UPI or netbanking | The payment schedule lists no gateway charge for either method. | A zero method fee does not remove settlement or bank-verification requirements.Source 11 |
| Full-service Encash | Selected equity sell orders aim to credit sale proceeds on the trade date, ahead of ordinary T+1 settlement. | The applicable plan and Encash conditions determine the price of this accelerated route.Source 33 |
Reference table24
SKY withdrawal timing and unused cash
| Event | Published processing target | Qualification |
|---|---|---|
| Request before 13:00 IST | Credit before 18:00 the same day. | For eligible withdrawable funds through the registered bank route. |
| Request after 13:00 IST | Credit before 11:00 on the next trading day. | Settlement and bank holidays can affect the available processing day. |
| No trading for 30 days | Unused funds are automatically returned to the registered bank. | The process concerns unutilised cash, not compulsory sale of the investment portfolio. |
Changing between InvestRight and SKY
Reference table25
Closure and holdings transfer
| Starting relationship | Published switch process | Cost or operational constraint |
|---|---|---|
| HDFC Securities trading | Close the existing trading account before opening SKY. | The broker states that account closure has no charge. |
| Demat with HDFC Securities | Empty eligible accounts can close with trading; retained holdings can move by closure-cum-transfer or CDSL Easiest. | Remove negative balances, open trades and pending orders that block closure. |
| Demat with HDFC Bank | Trading closure does not close the bank’s demat account. | Use an HDFC Bank demat servicing branch for that custody relationship. |
Funding the foreign account
Reference table26
USD funding and foreign settlement
| Stage | Published route | Important distinction |
|---|---|---|
| Funding | The Global Investing service describes USD funding with integrations including HDFC and Axis. | Foreign remittance and the domestic trading wallet are separate.Source 35 |
| Trading outside a session | An instruction may wait for the next applicable session or use supported extended hours. | Order acceptance does not establish immediate execution.Source 35 |
| US settlement | Most covered US securities settle on T+1. | Settlement is separate from international bank withdrawal completion.Source 44 |
Client assets, regulation & redress
Sections ↑HDFC Securities Limited is the legal company behind both domestic retail propositions. NSE’s official member locator lists HDFC Securities, SEBI number INZ000186937 and member code 11094, corroborating the company’s current disclosure. That identity check establishes a regulated intermediary; it does not guarantee returns, uninterrupted access or repayment of every type of claim.[39][37]
Protections & eligibility27
Domestic custody and protection boundaries
| Item | Published or independently checked position | Limit |
|---|---|---|
| Client money and securities | The customer agreement provides for separate client accounts and limits use of client property. | Margin and settlement obligations remain enforceable.Source 34 |
| Liability after liquidation | Client terms allow sale or closure for unpaid obligations and charge resulting losses and financial costs to the client. | The agreement does not establish a general negative-balance cap.Source 34 |
| NSE default claims | Eligible admitted claims against a qualifying defaulted or expelled member may receive up to ₹35 lakh per investor/member under the post-13 August 2024 limit. | Conditions apply; normal market losses are excluded.Source 45 |
| Distributed products | The company identifies separate distribution activities and product-specific regulatory treatment. | Insurance and other non-exchange products do not acquire exchange arbitration protection from appearing on the broker website.Source 1 |
Protections & eligibility28
Foreign custody and loss protection
| Scope | Protection boundary |
|---|---|
| US broker relationship | The current Global Investing page identifies VF Securities Inc. for the Vested route; older partner accounts can differ.Source 35 |
| SIPC | For eligible missing customer property at a failed member, the limit is $500,000 including $250,000 cash. Market-price loss is excluded.Source 43 |
Reference table29
Complaint route
| Stage | Where to start | Records to retain |
|---|---|---|
| Account service | Use the contact for the actual InvestRight or SKY account. | Trading identifier, payment reference, order ID and relevant statement.Source 38Source 37 |
| Compliance escalation | The published compliance email is [email protected]. | Original complaint reference and the responses received.Source 37 |
| External securities complaint | Complain to the intermediary first, then use SEBI SCORES and the appropriate dispute process. | The procedure depends on the product and jurisdiction of the complaint.Source 46 |
Eligibility, opening & support
Sections ↑Reference table30
Opening and activating the intended product
| Requirement | Published process | Why it matters |
|---|---|---|
| Identity and banking | PAN, identity/address evidence and bank-account evidence are part of the SKY opening requirements. | Use the applicant’s matching verified details.Source 20 |
| Derivative activation | Additional financial evidence may be required for derivatives. | Demat opening alone does not activate every trading segment.Source 20 |
| Mutual fund privilege | The full-service FAQ describes online consent or the BSE/NSE privilege form, then access through the existing login. | Scheme limits and settlement apply to each purchase or redemption.Source 22 |
| Non-resident applicants | Use the dedicated NRI account process and banking documentation. | The resident SKY tariff is not a written NRI offer.Source 8 |
Official account-support contacts
InvestRight customer and dealing deskTelephone
NRI account deskTelephone
SKY support emailEmail
SKY support pageWebsite
https://hdfcsky.com/contact-usSource 37
Scope The page also publishes India domestic toll-free 1800 121 2109
Compliance escalationEmail
Published channels were checked; no response-time, call or live-account test was performed.
Research, APIs & specialist services
Sections ↑Platforms & products31
Published platform functions
| Route | Available scope | Important boundary |
|---|---|---|
| InvestRight | Web/app account, portfolio, research and trading; APIs expose orders, holdings, funds and position records. | Trading permissions and ordinary charges still apply.Source 28 |
| InvestRight API | Published free access; order placement, modification and cancellation across equity, F&O and commodities; price/history functions described. | No live execution or uptime testing was performed for this profile.Source 28 |
| SKY Open API | Its August 2026 guide lists Trading, Position and Holding APIs as free. | An authenticated account and developer setup remain necessary.Source 27 |
| SKY API roadmap | The same guide marks Market Data, GTT API and WebSockets as Coming Soon. | Do not treat the article’s broad real-time-data language as confirmation that these endpoints are live.Source 27 |
The InvestRight guide dated 9 September 2026 describes free API access, account records, order management and price/history functions. The SKY guide dated 6 August 2026 still labels several interfaces as forthcoming. Those dated capability descriptions should not be combined into one universal API specification; developers need the documentation for the actual account and endpoint before implementing an order workflow.[28][27]
Securities lending and borrowing
Reference table32
Full-service SLB terms
| Feature | Published treatment | Cost or obligation |
|---|---|---|
| Activation | Existing trading customers apply for the SLB privilege digitally or through the stated physical form. | Approved exchange securities and account permissions apply. |
| Tenure | Up to 12 months. | The agreed reverse-leg delivery obligation remains. |
| Brokerage | 15% of the lending or borrowing fee, plus GST. | This is a percentage of the fee, not of the security’s full market value. |
| Early return or recall | The broker FAQ states that repay and recall are not available. | Do not assume the position can be terminated like a normal share order. |
Company context & source dates
Sections ↑Reference table33
Company and service context
| Item | Verified context | What it establishes |
|---|---|---|
| Retail brands | InvestRight is presented as full service; SKY as discount brokerage. | The same company can operate distinct account and pricing propositions.Source 1 |
| Wealth services | HDFC Tru is presented as the wealth-advisory proposition for HNIs and corporates. | A separate service relationship, not a standard benefit of every SKY account.Source 1 |
| Registered office | iThink Techno Campus, Kanjurmarg East, Mumbai. | Corporate location; retail help uses the account-specific channels above.Source 37 |
| Corporate reporting | The company maintains an investor-reporting page. | A place to obtain reports; this profile does not infer current financial strength from the brand name.Source 41 |
Sources were reviewed on 11 October 2026. The current SKY MTF product page now leads with 5× buying power, while general pricing material retains older 4× wording. The full-service MTF FAQ contains both older BSPL examples and a newer MTF section; this profile uses the latter for automatic pledge and current holding controls. Published tariff inconsistencies are shown only where they materially change the bill.[14][13][16]
- Headquarters
- Mumbai, India
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
HDFC Securities Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Securities and Exchange Board of IndiaINZ000186937 | Registered | Checked 11 Oct 2026Current company disclosure corroborated by NSE official member locator (member 11094). The direct SEBI record retrieval returned an error on the review date.Source 39Source 37 |
Additional business information
Sections ↑Corporate and careers channels
Official non-trading destinations
Corporate investor reportsWebsite
CareersWebsite
Company contactWebsite
Sources & further reading
- HDFC Securities current service brands HDFC Securities · Accessed 11 Oct 2026
- Individual demat and trading account application HDFC Securities · Accessed 11 Oct 2026
- Full-service account rights, obligations and tariff HDFC Securities · Accessed 11 Oct 2026
- Resident Value brokerage plans HDFC Securities · Accessed 11 Oct 2026
- Free Derivative Value Plan HDFC Securities · Accessed 11 Oct 2026
- Account Open Value Plan conditions HDFC Securities · Accessed 11 Oct 2026
- NRI brokerage plans HDFC Securities · Accessed 11 Oct 2026
- NRI three-in-one investment account HDFC Securities · Accessed 11 Oct 2026
- SKY brokerage pricing HDFC SKY · Accessed 11 Oct 2026
- SKY demat pricing HDFC SKY · Accessed 11 Oct 2026
- SKY statutory and additional charges HDFC SKY · Accessed 11 Oct 2026
- HDFC Securities regular and BSDA demat tariff HDFC Securities · Accessed 11 Oct 2026
- SKY MTF and derivative shortfall financing rates HDFC SKY · Accessed 11 Oct 2026
- SKY Margin Trading Facility HDFC SKY · Accessed 11 Oct 2026
- InvestRight BSPL Margin Trading Facility HDFC Securities · Accessed 11 Oct 2026
- Current MTF operational FAQ within the BSPL FAQ HDFC Securities · Accessed 11 Oct 2026
- SKY MTF order and position workflow HDFC SKY · Accessed 11 Oct 2026
- MTF T20 terms and conditions HDFC Securities · Accessed 11 Oct 2026
- SKY three-in-one and SKY Direct HDFC SKY · Accessed 11 Oct 2026
- SKY account opening and KYC HDFC SKY · Accessed 11 Oct 2026
- Switching between InvestRight and SKY HDFC Securities · Accessed 11 Oct 2026
- Mutual fund service FAQ HDFC Securities · Accessed 11 Oct 2026
- SKY mutual fund product service HDFC SKY · Accessed 11 Oct 2026
- SKY mutual fund dashboard and investment journey HDFC SKY · Accessed 11 Oct 2026
- Regular and direct mutual fund plans Securities and Exchange Board of India · Accessed 11 Oct 2026
- SKY commodity trading HDFC SKY · Accessed 11 Oct 2026
- SKY Open API guide HDFC SKY · Accessed 11 Oct 2026
- InvestRight Trade API guide HDFC Securities · Accessed 11 Oct 2026
- Good Till Date order FAQ HDFC Securities · Accessed 11 Oct 2026
- Closing Auction Session guide HDFC SKY · Accessed 11 Oct 2026
- NSE Closing Auction Session National Stock Exchange of India · Accessed 11 Oct 2026
- SKY same-day withdrawal process HDFC SKY · Accessed 11 Oct 2026
- InvestRight Encash equity sale facility HDFC Securities · Accessed 11 Oct 2026
- SKY customer agreement and tariff HDFC Securities · Accessed 11 Oct 2026
- Global Investing service and published plans HDFC Securities · Accessed 11 Oct 2026
- Global Investing country-selected display logic HDFC Securities · Accessed 11 Oct 2026
- SKY contact and regulatory disclosures HDFC SKY · Accessed 11 Oct 2026
- HDFC Securities customer contact HDFC Securities · Accessed 11 Oct 2026
- NSE official member locator: HDFC Securities National Stock Exchange of India · Accessed 11 Oct 2026
- Securities lending and borrowing FAQ HDFC Securities · Accessed 11 Oct 2026
- Corporate investor reports HDFC Securities · Accessed 11 Oct 2026
- Careers at HDFC Securities HDFC Securities · Accessed 11 Oct 2026
- What SIPC protects Securities Investor Protection Corporation · Accessed 11 Oct 2026
- US T+1 settlement investor bulletin U.S. Securities and Exchange Commission · Accessed 11 Oct 2026
- NSE Investor Protection Fund Trust National Stock Exchange of India · Accessed 11 Oct 2026
- SEBI SCORES complaints portal Securities and Exchange Board of India · Accessed 11 Oct 2026
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