Derivatives product for NRI

In our constant endeavour to serve you better, we have launched Derivatives trading for NRI Clients

The facility to trade in Derivatives would be available through your NRO account.

If you do not have a NRO account. Click here to submit your details and our representative will get in touch with you.

You would be aware that Derivatives volume has eclipsed majority of the cash volumes on the exchanges.

Derivatives Trading gives you an Opportunity to Enhance Leverage on your trading limits and lets you to trade in a large number of stocks/Indices for a small margin.

Documents required

In order to transact in this product, as per SEBI Norms, you are required to furnish the below documentation.

1. Application Form for CP code Click here
2. Application- for- activation -in-other Segment/ Exchange Click here
3. POA for linkage of Non-PIS account Click here
4. Saving Account Linkage Form Click here
5. Combine(Savings/Demat) Linkage/De-Linkage Form Click here
6. Valid Passport copy- Should not be expired and the name, date of birth, date and place of issue, expiry date, photograph and signature should appear clearly.
7. PAN card copy for First holder of the trading account
8. PIO/OCI card copy (Incase of Foreign Passport)
9. Cancelled Cheque leaf of NRO account

Please note : The documents mentioned in points 3, 7,8 and 9 should be duly self attested by client and verified and authorised by HDFC Bank Employee.

In case you are not in India currently, then the above sets of documents need to be attested by anyone of the following:

1.Notary Public,
2.Any court of law
3.Magistrate
4.Judge
5.Local Banker
6.Indian Embassy / Consulate General of the country

The duly filled forms alongwith the document can be sent to our customer care department on below address:

(Please caption the envelope - " Documents for Derivatives")

NRI help desk
HDFC securities Ltd
2nd Floor Trade Globe
J.B.Nagar,Andheri -East
Mumbai - 400059
Phone - 022-28346685

In case of any further assistance you can get in touch with our customer care department.

Tax implications on NRI derivatives

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