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HDFC Sky

HDFC Bank Securitydiscount

Discount trading arm of HDFC Securities offering flat ₹20 brokerage across all segments

4.5 / 5.0(7,200 ratings)
•Active Clients: 6+ Lakhs•NSE Rank: #8
Open Free HDFC Sky Account
⚡ ₹0 Account Opening + ₹0 AMC for 1st Year + Free HDFC Research Reports
Brokerage Value
4.4 / 5.0
Trading Platform
4.6 / 5.0
Customer Support
4.5 / 5.0
Server Reliability
4.8 / 5.0

HDFC Sky Brokerage Charges & Fees (2026)

Official tariff sheet for Equity Delivery, Intraday, Futures, Options, and Demat Maintenance.

Demat Account Opening Fee₹0 (Free Demat Onboarding)
Annual Maintenance Charges (AMC)₹0 for 1st Year, then ₹300/year
Equity Delivery Brokerage₹20 or 0.1% (whichever is lower)
Equity Intraday Brokerage₹20 flat per order
Equity Futures₹20 flat per order
Equity Options₹20 flat per executed order
CDSL / NSDL DP Charges₹15.50 + GST per debit transaction
Margin Trading Facility (MTF) Interest12% p.a. (Margin Trading Facility with 4x leverage)
Developer API PricingNot Publicly Available
Auto-Squareoff Fee₹50 per order

Why Choose HDFC Sky (Pros)

  • The safest pedigree in Indian banking: 100% owned by HDFC Securities and HDFC Bank
  • Flat ₹20 discount brokerage model replacing older 0.50% legacy brokerage models
  • Curated stock baskets and in-depth fundamental research reports from HDFC Securities
  • All-in-one investment portfolio: Indian Equities, US Stocks, Global ETFs, and Direct Mutual Funds
  • Instant UPI and HDFC NetBanking fund transfers with zero gateway charges

HDFC Sky Drawbacks (Cons)

  • Delivery is charged at ₹20 or 0.1% (Zerodha and Angel One provide ₹0 delivery)
  • AMC is charged at ₹300/yr starting from the 2nd year onwards
  • No developer API for custom algorithmic trading bots

The NiftyShares Verdict

HDFC Sky successfully modernizes HDFC Securities for the Gen-Z and millennial trader. You get flat ₹20 pricing backed by the fortress balance sheet of HDFC Bank.

Best Suited For: HDFC Bank account holders wanting low flat brokerage while retaining the safety of India's largest private bank.

Dalal Street Brokerage & Tax Calculator

Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.

Net Realized P&L
+₹4756.64
Gross P&L: ₹5000.00
Total Brokerage & Taxes
₹243.36
Brokerage: ₹0.00 | Govt Taxes: ₹243.36
Breakeven Price
₹1002.43
Need +₹2.43/share to cover costs
STATUTORY CHARGES BREAKDOWNTotal Turnover: ₹2,05,000
Brokerage (Zerodha)₹0.00
STT / CTT (Securities Transaction Tax)₹205.00
Exchange Turnover Charge (NSE)₹6.09
GST (18% on Brokerage & Trans. Charges)₹1.13
SEBI Turnover Charges₹0.20
Stamp Duty₹15.00
CDSL DP Charges (Upon selling)₹15.93
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ZerodhaBenchmark of India

Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity

Open Zerodha Demat Account

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Frequently Asked Questions About HDFC Sky

How is HDFC Sky different from HDFC Securities?

HDFC Securities is the traditional full-service broker charging percentage brokerage (up to 0.50%). HDFC Sky is its modern discount broking arm offering flat ₹20/order discount broking across all segments.

HDFC Sky Trader Community & Reviews

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