Terms & Conditions for IPO/FPO/OFS & SGB

 

 

Terms & Conditions for IPO/FPO/OFS:

  • I understand that my signature is mandatory on this online Fixed Deposits (FD) application form. To enable seamless processing of my online application form, I authorize HDFC Securities Limited to affix the scanned image of my signature, as available in its record, on the physical FD application form for dispatching the same to the Registrar for further details and record. I further agree and confirm that the affixation of the said scanned image of my signature will be construed as my consent and acceptance to the Fixed Deposit (FD) application form.

 

  • I hereby unconditionally & irrevocably authorize HDFC securities to collect my/our recent bank statement from HDFC bank as a supporting document for the address proof, wherever necessary. Incase of Online Fixed Deposits customers will have to arrange for Address Proofs as per RBI guidelines. Incase these documents are not available with HDFC securities customers will have to make arrangements to provide the same to the respective companies within the stipulated time. Any loss suffered by the customer due to NO-KYC fulfillment HDFC securities Limited will be not be responsible for the same.

 

  • Online Application for FD in Joint names can now be made through HDFC securities Limited. Online applications can be modified / cancelled at discretion of HDFC securities Limited.

 

  • Address of the sole/first applicant will be as per the records available in the Trading account with HDFC securities. For confirming the address details please call us on 39019400 (Please prefix your local area code). The applicant does not have the option to go for the special schemes meant for senior citizen/employees/shareholders under the online scheme. For senior citizens any additional benefit will be added by the Registrar depending on the Date Of Birth as per HDFC securities Trading Account.

 

  • Deposits accepted towards Corporate FD's through online mode, will be re-paid on maturity and/or prepaid before expiry of the term to First Named Depositor/s.

 

  • Upon acceptance of application by the issuer, the Fixed Deposit receipt will be issued in the name of the First holder in whose name the application is made i.e. first holder as per the trading account opened with HDFC Securities.

 

  • Applicant cannot renew / prematurely withdraw or request for repayment of the Fixed Deposit from HDFC Securities. HDFC Securities will in no way be responsible and/or obliged to arrange for or repay the deposit.

 

  • Cut-Off for all products online (Fixed Deposits, OFS, IPO, Bonds, NCD) will be at the discretion of HDFC securities Limited.

 

  • Customers availing Tax Exemption under 15-G & 15-H will have to arrange the same on their own.

 

  • Nomination Facility is now available to the customer.


SGB Declaration:

  • I / We, hereby, declare that I /We, am/are an eligible investor / investor, for investing in Sovereign Gold Bonds (based on the eligibility criteria as specified in the Government of India notification for Sovereign Gold Bond Scheme). I/We also agree to provide additional information, if any, sought by RBI / Receiving Office/

  • Depository, to satisfy my eligibility for subscription to these bonds. In case, I / We fail to produce the required documents within the specified time, or, if I / We am/are found ineligible to hold SGB as per the criteria stated in the notification, I /We understand that my/our subscription is liable to be cancelled, without assigning any reason thereof and no compensation shall be paid to me/us for rejection of my/our application for subscription.
 
 

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