HDFC Bank Securities — Heavy Brokerage charges and DP charges

Address:Chennai, Tamil Nadu, 600089
Website:www.hdfcsec.com

Hi All,

My current brokerage rate is 0.25%, but if buy or sell shares of transaction value less than 10000, hdfc is charging 25rs which is greater than 0.25 of trading value and DP charges for demat account is very high compared with other brokerage firms, I have sent a mail to HDFC securities several time to reduce the brokerage rate to 0.10 for delivery, but they never responded back. If my brokerage rate is not reduced to 0.10, I am going to close all my accounts associated with HDFC.

HDFC Securities charges are very high when compared with other brokerage firms, so don't opt for hdfc, there customer service is very very worst
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Comments

The brok seems pretty competitive.
I am a customer and am happy with the overall services. The rate despite discounts are subject to a minimum of Rs.25/- or 2.5% cap on the trade value.

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