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there settlements are with unusual delay when you sell your securities.brokerage rates are very high (1 to 1.5%) in case of S.I.P. transactions.

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Above Average
Customer Service - Below Average
Overall Experience - Below Average

Brokerage for Equity SIP is similiar for trading in equity shares on regular basis

However structure is update in HDFC Securities site so you may refer the same & brokerage charged by HDFC Sec is not the least but lesser than many in the market what i have expirenced.

Further, i have observed the settlement happened on timely basis as the process of T+2 (working days).