Basis an internal review of business operations, on October 17, 2013 HSBC InvestDirect Securities (India) Limited (hereinafter known as HISL) announced the discontinuation of its business offerings, namely retail securities broking on NSE and BSE, demat offering on CDSL and NSDL, and the distribution of wealth management products* effective December 3, 2013. Accordingly, an appropriate notice was issued to all customers regarding closure of their account/ relationship with HISL.
We request all demat customers who have not yet transferred the securities lying in their demat account, to transfer the same to another Depository Participant/s at the earliest and close their demat account/s held with HISL to avoid inconvenience in the future. For transfer of securities/closure of demat accounts, customers can write to us at the below address:
Centralised Account Services,
Should you have any other queries with regards to your account, please contact us on:
Telephone: 1800- 209-4477 (Toll Free)/ 91-80-30111500 (Chargeable)
We sincerely regret any inconvenience caused to you and assure you of our full support through the account closure process.
* distributor of mutual fund, third party PMS products, bonds, etc. and as Corporate Agent of Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. for distribution for life insurance