SBI Securities
Discount BrokerSBI Securities Demat Account Details
SBI Securities Demat account review. SBI Securities open Demat account or closure. Find account opening charges, closing forms, customer care and brokerage charges.
SBI Demat Account is a key offering by the bank. SBI offers demat account related services through SBI Cap Securities Ltd (SBI or SBISec). Incorporated in 2006, SBI provides broking, investment and loan products. It offers these services to individual and institutional customers. It is a SEBI registered depository participant (DP) with CDSL and NSDL .
Company Information
Key Highlights
- NSDL: IN-DP-NSDL-369-2014
- CDSL: IN-DP-314-2017
- SBI 3-in-1 Account; an integrated platform of Savings Bank A/c, Demat A/c and Online Trading A/c).
- Option to choose between CDSL and NSDL.
- Manage your demat account online at any time of the day
- Hold multiple securities stocks, derivatives , mutual funds and bonds etc.
- Apply IPO online using ASBA net-banking
- Facility to freeze the account, if needed.
Compliance & Foundation
SEBI Registration Number
N/A
Exchange Member Code
N/A
Founded
2006
Head Office
N/A
Charges & Brokerage Plans
| Charge Type | Amount / Details |
|---|---|
| Demat Account Opening Fee | Rs 0 |
| Demat Account Annual Charges (AMC) | Rs 0 |
| Demat Account Opening Charges | Rs 0 |
| Transaction Charges (Buy) | Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN |
| Annual Maintenance Charges (AMC) | Individual Account: Rs 750 (Rs 500 for e-statement) |
| Demat + Courier charges | Rs 5 per cert + Rs 35 courier charges per request |
| Remat | Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity |
| Pledge Creation | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
| Pledge Creation Confirmation | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
| Pledge Invocation | 0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges) |
| Failed Transactions | Rs 10 per failed instruction. |
| SBI Demat Account AMC | Rs 500 per year |
| SBI Demat account closing charges | Rs 0 |
Online Account Opening
Step-by-Step Process
SBI 3-in-1 Account; an integrated platform of Savings Bank A/c, Demat A/c and Online Trading A/c).
Manage your demat account online at any time of the day
Apply IPO online using ASBA net-banking
Open an online account on SBISmart website. This is a paperless process. No signature or printing needed.
Visit any of the SBI branches near you and ask for a Demat account closure form. Fill, sign it and submit it back to the branch along with requested documents.
Make sure no shares in your demat account . If you are moving shares to another demat account , move them before submitting the closer request.
SBI Securities Account Opening Process Review
How to Apply in an IPO online through SBI Bank?
Required Documents
- PAN Card
- Aadhaar Card
- Cancelled Cheque or Bank Statement
- Signature and Photograph
Growth vs Risk Summary
Top Advantages
- NSDL: IN-DP-NSDL-369-2014
- CDSL: IN-DP-314-2017
- SBI 3-in-1 Account; an integrated platform of Savings Bank A/c, Demat A/c and Online Trading A/c).
- Option to choose between CDSL and NSDL.
- Manage your demat account online at any time of the day
- Hold multiple securities stocks, derivatives , mutual funds and bonds etc.
Key Limitations
- Cons are not explicitly listed on the source page.
Margin Exposure
| Segment | Margin Limit (Up to) |
|---|---|
| Margin / Leverage | Not specified on source page |
Customer Complaints (Year-wise)
| Financial Year | Total Complaints | Resolved | Resolution Rate |
|---|---|---|---|
| 2026 | N/A | N/A | 0% |
SBI Securities Demat Offer
SBI Securities Demat Charges Snapshot
- Demat Account Opening Fee: Rs 0
- Demat Account Annual Charges (AMC): Rs 0
- Check latest terms on broker website before applying.
* T&C Apply