SBI Securities: Demat Account, Login, Charges & Customer Care

SBI Securities is a subsidiary of SBI, which provides a robust online trading platform, as it offers its customers many services including Mutual funds, equity trading, IPO investment, derivatives, and research reports. So here we will discuss in detail SBI Securities where the platform has both seasonal and beginner investors, which is offering the tools and the resources.

How to Open SBI Securities Demat Account

SBI Securities is a depository participant (DP) of both the central depository CDSL and the NSDL, as the central depository manages the demat accounts. So the Broker like SBI Securities acts as an intermediary between the customer and the depository.

If you want to create your demat account then you need to follow these steps:

1. Navigate to the official website of SBI securities. 
2. Click on the open free demat A/c.
3. Enter your Mobile number which is linked to your Aadhar card.
4. Then accept the all terms and conditions.
5. Then verify with the mobile OTP.
6. Upload the required documents including Aadhar card, PAN card, passport-size photo, and bank details.
7. Again complete the verification with e-sign the application form using the Aadhar card OTP for the instant account activation.

Note: here you can open an online account on the SBI Smart website, as this is a paperless process, with no signature or printing needed.

SBI Securities login

After registration or opening the  demat and trading account, you need to log in first to access the advantages of this:

1. Visit the SBI Securities Official Website.
2. Click on the Login button.
3. Enter the Client code.
4. Then Enter the password.
5. Click on the submit button.

SBI Securities Charges

Here are some fee charges that you must know about:

Account Charges 

Here are the SBI securities offered for the stock trading account and the demat account. To trade with SBI Securities, the customer has to pay fees, taxes, and commissions. So here is the share trading fee structure and the amount of trading commission. 

Transaction	Fee
Trading Account Opening Charges (One Time)	INR 850
Demat Account Annual Maintenance Charges AMC yearly fee	INR 750 Free for 1st Year

Brokerage Charges

The Customer pays a commission (brokerage) when buying or selling stock via SBI securities, so the brokerage charges for the commodities, equity, and currency derivative trading for the SBI securities which are given below.

Segment	Brokerage Fee
Commodity Option	INR 100 (buy and sell side)
Commodity Futures	0.05%
Equity Option	INR 100 per lot (buy and sell side)
Equity Futures	0.05%
Equity Intraday	0.05%
Equity Delivery	0.50%
Currency Option	INR 30 per lot
Currency Futures	0.03%
Monthly Fee	Fixed

Demat Charges

Here the demat account transactions are charged to individuals from the trading commission, So the account opening fee is INR 850, and INR 750 per year demat account AMC. So the demat debit transaction fee of:

• Through DIS: 0.04% of the transaction value (Minimum of INR 30) per ISIN.
• Through POA: 0.01% of the transaction value (Minimum of INR 21 and Maximum of INR 300) which is per ISIN.

Here are per debit transactions:

ID	Transaction	Charges
1	Demat Account Opening Charges	INR 850
2	Demat + Courier Charges	INR 5 per cert + INR 35 courier charges per request
3	Annual Maintenance Charges (AMC)	Individual Account: INR 750 (INR 500 for e-statement)
4	Remat	INR 35 Per Request + CDSL Charges i.e. INR 10 per 100 securities or part quantity
5	Pledge Creation Confirmation	0.02% of Value or Min INR 25/- whichever is higher (Plus CDSL/NSDL Charges)
6	Pledge Creation	0.02% of Value or Min INR 25/- whichever is higher (Plus CDSL/NSDL Charges)
7	Pledge Invocation	0.02% of Value or Min INR 25/- whichever is higher (Plus CDSL/NSDL Charges)
8	Failed Transaction	INR 10 per failed instruction

Transaction Charges

The combination of exchange turnover charges and Trade clearing charges, so let’s have a look at these charges:

Segment	Transaction Fee
Currency Options	NSE INR 4000 per Cr (0.04%) | BSE INR 100 per Cr (0.001%) (on premium)
Currency Futures	NSE INR 90 per Cr (0.0009%) | BSE INR 90 per Cr (0.0009%)
Equity Options	NSE INR 5000 per Cr (0.05%) | BSE INR 3700 per Cr (0.037%) (on premium)
Equity Futures	NSE INR 190 per Cr (0.0019%) | BSE INR 0
Equity Intraday	NSE INR 322 per Cr (0.00322%) | BSE INR 375 per Cr (0.00375%) (sell side)
Equity Delivery	NSE INR 322 per Cr (0.00322%) | BSE INR 375 per Cr (0.00375%) (each side)

SBI Securities Customer Care

SBI Securities is helping its customers by providing 24/7 hour customer support. As they have a chatbot option for 24/7 hours, so let's have a look at how you connect with SBI Securities.

Customer  Support	Details
Toll-free number	02268545555/ 02240014155 (IVR is available on trading days) 8:45  AM to 5:30 PM Monday to Friday except for trading holidays, 10:00  AM to 4:00 PM Saturday except trading holidays.
Call & Trade	(IVR is available on trading days) 8:45  AM to 4:00 PM Monday to Friday except trading holidays
Email ID	[email protected]
Email ID for Demat Account	DP.grievance@sbicapsec.com
Market Association (for marketing association, Media related queries)	[email protected]
Address	Marathon Futurex, Unit No. 1201, B-Wing,12th Floor, N M Joshi Marg, Mafatlal MillCompound, Lower Parel East, Mumbai 400013

Wrapping Up

Lastly, by choosing SBI Securities which combines trust accessibility and a variety of investment options, it's making it one of the most reliable brokers in India. As it is ideal for the investor to seek reliability. We hope our blog on SBI securities is informative and helpful.