ACCOUNT OPENING PROCESS

Any person who is an individual, resident of India, HUF, Partnership Firm, Indian Corporate or NRI can open a Demat/ Trading account with us.
You can open a Demat/ Trading Account in following easy ways:


A. ONLINE
Visit www.hemsecurities.com
Click on Open an Account.
Fill up the required Details.
You can call us on 0141-4051000 in case of any queries and our representative will be happy to help you.


B. E-MAIL
Drop us an email with your name and contact number at info@hemsecurities.com and our representative will get in touch with you.


C. BY PHONE/ COURIER FACILITY
You can call us at 0141-4051000 and our representative will help you complete the required formalities
OR
We could also send you an Application Form via courier at your address.

Currently, Trading Account opening charges are NIL.


AMC or Annual Maintenance Charge is levied on an annual basis for maintaining your Demat Account.



The following documents are required for opening an account with us:

INDIVIDUAL

  • One recent colored passport size photograph..
  • Self Attested Photocopy of PAN Card (Clear Copy)
  • Identity Proof– Photocopy of any one of the following (Self attested).
  • Identity Proof– Photocopy of any of the following (Self Attested).
      a) Passport
      b) Voter ID
      c) Driving License
  • Address Proof- Photocopy of any of the following (Self Attested)
      a) Aadhar
      b) Ration Card
      c) Passport
      d) Voter’s Identity Card
      e) Driving License
      f) Bank Passbook/ Bank Statement (not more than 3 months old)
      g) Electricity, Landline Telephone Bill (not more than 3 months old)
  • Proof of Bank Account:
      a) Cancelled cheque copy with name pre-printed
      b) Certified Bank Statement (not more than 2 months old)
  • Proof of Demat Account (In case only trading account is to be opened):
      a) Client Masters
      b) Demat Holding statement (not more than 3 months old)
  • Voluntary Requirement:
    Power of Attorney- POA (Limited Purpose POA for Operational Requirements)

    Note:

      I. Scanned Copy of above documents will be required in case of Account Opening through Online mode.
      II. Hard copy of Power of Attorney is must in all modes of Account Opening (if applicable).

    CORPORATE ACCOUNTS:

  • Copy of PAN Card of the Company.
  • Address Proof of the Company.
  • Proof of Bank Account of the Company including Crossed cheque, Bank Statement (not more than 3 months old).
  • DP Proof of the Company.
  • CIN of the Company.
  • Copy of Memorandum & Articles of Association of the Company and Certificate of Incorporation.
  • Copy of Balance Sheets of latest 2 financial years (to be submitted every year).
  • Copy of the latest share holding pattern including list of all those holding control, either directly or indirectly, in the Company in terms of SEBI takeover Regulations, duly certified by the Company Secretary/Whole Time Director/ MD (to be submitted every year).
  • Photograph of whole time Directors/two Directors in charge of day to day operations.
  • KYC & CKYC of all Directors of the Company.
  • PAN Card & Address Proof of whole time Directors/two Directors in charge of day to day operations.
  • Board Resolution on letter head of the Company.
  • Authorized Signatories List with specimen signatures on letter head of the Company along with their latest passport size Photographs.
  • List of Directors along with DIN no. on Letterhead along with their specimen signatures.
  • Copies of Income Tax Return of last 2 years.
  • Note:All above documents should bear the Seal & Signature of Authorized Signatory.


    PARTNERSHIP ACCOUNTS:

  • A recent passport size photograph of all the authorized partners
  • Copy of PAN Card of all Partners & Partnership Firm
  • Address Proof in the name of the Partnership firm (any one of the following documents)
      a) Bank Statement duly attested by the concerned bank under the stamp and signature of the bank official (not more than 3 months old)
      b) Electricity Bill (not more than 3 months old)
      c) Telephone Bill Landline (not more than 3 months old)
      d) Bank Passbook.
  • Proof of Bank Account in the name of Partnership firm
  • Original cancelled personalized bank cheque (Seal & Signed by partner).
  • In case, there is non-personalized cheque then copy of bank passbook/ bank statement of same bank account is required.
  • Address proof & Identity proof of all the partners (any one of the following documents)
      a) Aadhar
      b) Driving License
      c) Passport
      d) Ration Card
      e) Electricity Bill (not more than 3 months old)
      f) Telephone Bill Landline (not more than3 months old)
  • Notarized Partnership Deed along with the list of partners duly certified and attested by all the partners
  • Authority letter by all the partners in favour of Managing Partners on letter head of the firm
  • Proof of Demat Account: Demat Client Master required in the name of Partner (not more than 2 months old)
  • Copies of Income Tax Return of last 2 years.
  • Balance Sheet of last 2 Years.

  • TRUST ACCOUNTS

  • Photograph of Trustees
  • Copy of PAN Card & Address Proof of the Trust
  • Copy of PAN Card & Address Proof of Trustee
  • Proof of Bank Account of the Trust including Crossed cheque, Bank Statement (not more than 2 months old)
  • DP Proof of the Trust
  • Copy of Balance Sheets of latest 2 financial years (to be submitted every year).
  • Certificate of registration (for registered trust only).
  • Board Resolution on letter head of the Trust.
  • List of Trustees certified by managing trustees/CA.

  • In case of any further queries, please feel free to contact our Customer Care help desk at 0141-4051000

    HUF ACCOUNTS:

  • PAN Card copy of HUF and Karta and/ or Authorized Signatory
  • Address proof of HUF
  • Pre-printed cheque leaf/ Bank Passbook/ bank Statement in the Name of HUF (not older than 3 months)
  • Address proof of Karta and/ or Authorized Signatory
  • A recent colored passport size photograph of Karta and/ or Authorized Signatory
  • Deed of declaration of HUF/ List of coparceners
  • Mobile number and Email Id should be unique (in case of common email/Mobile no.- duly signed declaration)
  • Power of attorney should be duly signed by Karta and all co-parceners along with details and signature of witness

  • FUND TRANSFER

    A Client can transfer the funds from their Bank Account to their Trading Account in following ways:
  • Online Transfer through Net banking
  • Through NEFT, RTGS & IMPS
  • Through depositing the Cheque in company’s designated Bank Account with CMS Deposit Slip. (Outstation cheque clearance will take more time)

  • Process of Cheque deposit via CMS process:
  • Ask for “CMS DEPOSIT SLIP” from Bank
  • Write down CMS Code INSTEAD OF Account No. in Deposit slip.
  • CMS CODE must be written in block letter in the Boxes provided for Client code in CMS Deposit Slip.
  • Cheque provided must be of the same Account, details of which are registered with us in the Client Trading Code.

  • Details of CMS CODE:

    S.NO.
    EXCHANGE
    FAVOURING / CLIENT NAME
    CMS DEPOSIT CODE / CLIENT CODE
    1
    BSE
    HEM SECURITIES LTD.
    HEMSECULT
    2
    NSE CASH
    HEM FINLEASE P. LTD.
    HEMNSEPVL
    3
    NSE F&O
    HEM FINLEASE P. LTD.
    HEMFNOFIN
    4
    NSE CURRENCY
    HEM FINLEASE P. LTD.CURRENCY DER.CLIENT A/C
    HEMFDERCUR
    5
    NCDEX
    HEM MULTI COMMODITIES P. LTD.
    HMMLCMDT
    6
    MCX
    HEM MULTI COMMODITIES P. LTD. MCX CLIENT A/C
    HMMMCXCOM

    A client can also take help of below mentioned example:

  • Drawer = Client LD BACK OFFICE Code.
  • Drawee = Client’s Designated Bank.
  • A Client can transfer the funds from their Trading Account to their Bank Account by communicating it with their respective Dealer or can do so via our Online Trading Platform.
  • If a request is placed before 4 P.M. on a working day and correct IFSC code is updated then amount will be credited in bank account on T+1 day.
  • If a request is placed after 4 P.M. on a working day and correct IFSC code is updated then amount will be credited in bank account on T+2 day.
  • DEMAT ACCOUNT

    Yes, a client can transfer shares lying in third parties Demat Account to their Demat Account , through off Market Transfer by submitting duly filled and signed “Delivery Instruction Slip or the DIS” provided to the Client at the time of opening a Demat/ Trading Account along with otherannexures.
    A Client can link two bank accounts with their trading account but only one account will be treated as primary bank account. However, a Client can link any number of Demat accounts with their trading account.

    MISCELLANEOUS

    A Client can modify their details by submitting the duly signed Account Modification Form along with self attested supporting documents.
    Yes, a Client can apply for an IPO if they have their trading account with us or else they can use our dedicated portal to apply via their BHIM UPI ID.
    Yes, a Client can easily execute their trade, manage Portfolio, view Financial Ledger & Global Report, Monitor Live Streaming Stock Quote, Back office Support and much more on the go through our Mobile Trading Application by the name of HEM TRADE.
    One can generate the password online (Reset link is available at our website www.hemsecurities.com) or may contact our customer care. All you have to do is send a request along with Trading Code at below mentioned E-mail IDs-
  • For Mobile Trading Application:hemtradingapp@hemsecurities.com
  • For Trading Software: hemodin@hemsecurities.com
  • For Back Office Software:supportld@hemsecurities.com
  • Yes, according to SEBI regulations, we need to ensure that the securities, used for market payin obligations and also towards margins, are received from Client’s own account. In this regard, Hem Securities reserves the right to ask for the source of securities, if necessary. Similarly, in the case of funds, we need to ensure that the funds received in our account have been transferred from Client’s own bank account.

    Hem Securities may inform the Client and hold the payout of the securities or funds requested/ due from their Trading Account until the receipt of the proof of source of these securities or fund.

    A Client can submit the Client Master Limit and DP Transaction Statement/DP Holding Statement as proof to ascertain the source of collateral and Bank Account Statement to ascertain source of funds.
    ATTENTION INVESTOR:
    1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.    2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.    3. Pay 20% upfront margin of the transaction value to trade in cash market segment.    4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs)( issued vide circular reference -- for NSE- NSE/INSP/45191 dated July 31, 2020 & NSE/INSP/45534 dated August 31, 2020 and for BSE - issued vide notice no. 20200731-7 dated July 31, 2020 & 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.   5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.     6.) Hem Securities Limited and Hem Finlease Private Limited are engaged in Client based and proprietary trading on various stock exchanges. Dear Clients, charges for Depository Services has been revised with effect from 29,08, 2020 and Revised Tariff Structure   7.) Prevent Unauthorized Transactions in your account- Update your mobile number/ E-mail ID with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/ email at the end of the day.    8.) Please read the Risk Disclosure Document and Do's & Dont's prescribed by the Exchanges carefully before investing.    9.) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.    10.) Prevent Unauthorized Transactions in your demat account - Update your Mobile Number with your stock brokers and Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.   11.) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   12.) Disclaimer: Hem Securities Limited and Hem Finlease Private Limited are engaged in Client based and proprietary trading on various stock exchanges.
    ATTENTION INVESTOR:
    1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.    2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.    3. Pay 20% upfront margin of the transaction value to trade in cash market segment.    4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs)( issued vide circular reference -- for NSE- NSE/INSP/45191 dated July 31, 2020 & NSE/INSP/45534 dated August 31, 2020 and for BSE - issued vide notice no. 20200731-7 dated July 31, 2020 & 20200831-45 dated August 31, 2020 and other guidelines issued from time to time in this regard.   5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.     6.) Hem Securities Limited and Hem Finlease Private Limited are engaged in Client based and proprietary trading on various stock exchanges. Dear Clients, charges for Depository Services has been revised with effect from 29,08, 2020 and Revised Tariff Structure   7.) Prevent Unauthorized Transactions in your account- Update your mobile number/ E-mail ID with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/ email at the end of the day.    8.) Please read the Risk Disclosure Document and Do's & Dont's prescribed by the Exchanges carefully before investing.    9.) KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.    10.) Prevent Unauthorized Transactions in your demat account - Update your Mobile Number with your stock brokers and Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day.   11.) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   12.) Disclaimer: Hem Securities Limited and Hem Finlease Private Limited are engaged in Client based and proprietary trading on various stock exchanges.