Your Guide to HDFC Securities Dormant Account Online KYC

To keep your HDFC Securities account active, you must complete the Online KYC (Know Your Customer) process. This process helps verify your identity and keep your account secure.

What is a Dormant Account?

A dormant account is an account that has not been used for a period of time. HDFC Securities considers an account dormant if there has been no activity for the past 12 months. This includes both trading and non-trading activities.

Why is KYC Important for Dormant Accounts?

KYC is important for all HDFC Securities accounts, but it is especially important for dormant accounts. This is because it helps verify your identity and prevent your account from being used for fraudulent activities.

How to Complete Online KYC for Dormant Account

To complete the Online KYC process for your HDFC Securities dormant account, you will need the following:

• A valid PAN card
• A valid Aadhaar card
• A recent passport-size photograph

You can complete the Online KYC process by following these steps:

1. Visit the HDFC Securities website and click on the "Login" button.
2. Enter your User ID and Password to log in.
3. Click on the "KYC" tab.
4. Select the "Online KYC" option.
5. Follow the instructions on the screen to complete the KYC process.

Benefits of Completing Online KYC

There are several benefits to completing the Online KYC process for your HDFC Securities dormant account. These benefits include:

• Increased security: KYC helps verify your identity and prevent your account from being used for fraudulent activities.
• Smooth account reactivation: Completing KYC will make it easier to reactivate your dormant account if it becomes frozen.
• Access to new features: KYC will give you access to new features and services offered by HDFC Securities.

Tips for Completing Online KYC

Here are some tips for completing the Online KYC process for your HDFC Securities dormant account:

• Make sure you have all the required documents: You will need a valid PAN card, a valid Aadhaar card, and a recent passport-size photograph to complete the KYC process.
• Follow the instructions carefully: The KYC process is simple, but it is important to follow the instructions carefully to avoid any errors.
• Complete the process in one go: Once you start the KYC process, it is important to complete it in one go. This will help prevent any delays in reactivating your account.

Frequently Asked Questions

Q: What happens if I don't complete the Online KYC process for my dormant account?
A: If you don't complete the Online KYC process, your dormant account will be frozen. You will not be able to access your account or trade until you complete the KYC process.

Q: How long does it take to complete the Online KYC process?
A: The Online KYC process typically takes around 15 minutes to complete. However, the time may vary depending on your internet speed and the number of documents you need to upload.

Q: What if I have any problems completing the Online KYC process?
A: If you have any problems completing the Online KYC process, you can contact HDFC Securities customer care for assistance.

Conclusion

Completing the Online KYC process for your HDFC Securities dormant account is an important step to keep your account active and secure. By following the steps outlined in this guide, you can complete the KYC process quickly and easily.

Stories

Story 1

Once upon a time, there was a man named John who had a dormant HDFC Securities account. He hadn't used the account in over a year, and he had forgotten that he needed to complete the Online KYC process.

One day, John decided to sell some of his stocks. He logged into his HDFC Securities account, but he was surprised to find that his account had been frozen. He called customer care, and they told him that he needed to complete the Online KYC process.

John was frustrated, but he followed the instructions and completed the KYC process. His account was reactivated within a few days, and he was able to sell his stocks.

What we learn: It is important to complete the Online KYC process for your HDFC Securities dormant account. If you don't, your account may be frozen, and you will not be able to access your funds.

Story 2

Once upon a time, there was a woman named Mary who had a dormant HDFC Securities account. She had completed the Online KYC process, but she had forgotten her User ID and Password.

Mary called customer care, and they told her that she could reset her User ID and Password by following a few simple steps. She was able to reset her credentials and log into her account without any problems.

What we learn: If you forget your HDFC Securities User ID or Password, you can easily reset them by following the instructions on the website.

Story 3

Once upon a time, there was a man named Bob who had a dormant HDFC Securities account. He had completed the Online KYC process, but he had not updated his address.

Bob moved to a new city, and he forgot to update his address with HDFC Securities. As a result, he did not receive any important correspondence from HDFC Securities, including a notice that his account was about to expire.

Bob's account was eventually frozen, and he was unable to access his funds. He called customer care, and they told him that he needed to update his address.

Bob updated his address, and his account was reactivated within a few days. He was relieved to have access to his funds again, and he learned the importance of keeping his contact information up to date.

What we learn: It is important to keep your contact information up to date with HDFC Securities. This will ensure that you receive important correspondence from HDFC Securities, such as notices about your account status.

Tables

Table 1: Benefits of Completing Online KYC

Table 2: Tips for Completing Online KYC

Table 3: Frequently Asked Questions

Call to Action

If you have a dormant HDFC Securities account, we urge you to complete the Online KYC process today. This will help keep your account active and secure, and it will give you access to new features and services. To complete the Online KYC process, visit the HDFC Securities website and click on the "Login" button.