HDB Financial Services
HDB Financial Services Limited
HDB Financial Services is the NBFC arm of HDFC bank. The company provides a range of loans including vehicle loans, personal loans, and commercial loans. The company also distributes life and general insurance policies as a corporate agent of HDFC Standard life and HDFC Ergo.
The company benefits from HDFC's nationwide presence, network, brand recognition, and has the advantage of leveraging the expertise of the bank’s senior management who are represented on the board of HDBFS.
Private Assets are a different breed of investments, here's what you need to know
How do I invest in Private Assets?
You can invest in the stocks fit for your portfolio and risk appetite by directly purchasing them from Minance.
Where are my stocks held?
Your stocks are held in your CDSL or NSDL demat accounts. If you don't have one, we will help you open it.
Will you help me choose the right stock for my portfolio?
Yes, our investment managers will be happy to help you choose the right stocks and purchase them.
What is the minimum amount I need to invest?
The minimum amount need to invest in a single firm is ₹50,000. To invest in a diversified portfolio, the minimum investment needed is ₹1,00,000
How do I track the performance of my investments?
While prices of unlisted stocks do not change frequently, your dashboard shows the latest going price.
Will you help me sell my unlisted stocks?
Yes, Minance will help you find a buyer however, we do not guarantee the same. Note that you are also free to sell these shares on your own.
Does Minance charge me a fee for selling these shares?
No, we make our money by purchasing shares early on and selling them when the valuations rise.
How and when are unlisted stocks taxed?
Unlisted stocks are taxed as short or long term capital gains and enjoy indexation benefit. To know more, please click here.