SBI Securities Demat Account Opening | Demat and Trading Account |How to open demat account in India? |Know All About New Demat Account Opening Charges, Annual Maintenance Charges (AMC), Form, Refer & Earn, Review, Customer Care Contacts and Many More.
State Bank of India, well Know as SBI works as SBI securities in stock broker market. To trade in securities market in india with SBI you need to have and Demat Account with SBI Securities. They provide multiple features loaded services with their account. 3 in 1 account service is one of them.
With SBI Securities you can invest in :
- IPO
- OFS (Offer for Sale)
- Mutual Funds
- Commodity Trading
- Dipository Services etc.
Key points about SBI Securities :
- Demat Account services are provided by SBI Cap Scurities.
- SBI Cap Securities was founded in the year 2006. Hance, 14+ Years of experience in stock broker market.
- Provide a vast variety of investment options like IPO, Derivatives, Mutual Funds, Currency trading etc.
- Registered with Securities Exchange Board of India (SEBI).
- CDSL and NSDL Depository Participants.
- SBI Securities have 1100+ working force to provide you hassle free customer services.
- PAN india presence in the form of 116+ branch offices.
SBI Cap Securities Demat Account Review :
SBICAP is a good option to be choosen as stock broker. Most importantly you get benifit of 3 accounts in 1 account with its famous offer named as 3-in-1 Account. Hare are the features you will be getting while using this service.
- Demat Account :Demat Account is a short form of Dematerialized Account. A Demat Account is an electronic format of an account which is used to hold shares and securities. A demat account is known by its name because in it, shares are controlled in electronically not physically.
- Trading Account: Opening of Trading Account is a compulsory all the customers who want to invest. With the help of Trading Account you can buy or sell securities.
- Saving Account : Saving account is the place where you place your money in electronic form. A saving accunt linked to Demat and Trading Accounts is used to debit and credit the money for securities purchase and sell. When you buy some stocks related amount of money is debited form your linked saving account. Similarly when you sell your stocks or securities, related amount of money is credited to your linked saving account.
SBI Securities 3-in-1 Account provide you the access of all 3 above mentioned accunts for making your trading exprience easy.
Key Features of SBI Demat Account :
Here you find the key points about SBI demat accout, these points will help you to take the descision to start your trading journey with SBI.
- Everything is guided through its support or written guidelines.
- Technology driven approach makes you able to access your account from anywhere and anytime.
- Intimation of every transaction through e-mails in realtime.
- Transfer of Unpledged and Pledged securities available at your confort zone.
- As we discussed earlier its 3-in-1 account makes trading experience fast and hassle free. In or out transactions are just in your hand and a click away only.
Step-by-Step Guide to Opening SBI Demat Account :
To open a SBI Demat account you can go for any of the following 3 options as per your comfort :
- SBI Demat Account Opening Online :
Here is the step by step guide to open SBI Demat Account Online :
- First of all you need to click on the link ‘ SBI Demat Account Open Online‘ link provide below. Or visit the SBI Cap Securities official website.
- Here you will see a form asking your details like name, email and mobile number etc. Please enter all details asked in the space provided.
- Now you need to upload your documents, Below is the list of documents you may need to upload :
(a). PAN Card Details (A Must Documents).
(b). Recent Photo Graph.
(c). Signature.
(d). Aadhar Card as Valid Address Proof.
(e). Bank Account Passbook Address Page or Cancelled Check etc.
- Now pay account opening related charges. (If Applicable).
- When document verification is done and all documents are foud in order,you will be informed through email as a account opening confirmation.SBI Demat Account Opening Offline | SBI Demat Account Opening Form :
To open demat acccount with offline process. You need to get the application form either from nearest branch office or form website download. Here is the step by step guide to open offline demat account.
- Fill in all the details in the SBI Demat Account Applicatin Form.
- Information regarding your supporting documents should be filled in the form and self attested copies of such documents also need to be attached with the application fom.
- Submit the filled application form with related documents at any nearest SBI Securities branch or send it to the company address by post / courier.
- Here you go for in person verification as your doucments are received at office. Any company executive mayalso visit your place for document varification.
- Similiar to the online process, after document verification is complete you will account opening confermation through email.
SBI Securities Demat Account Opening SBI Demat Account Opening through Customer Care Calling :
You can also open the SBI Demat account by calling customer care executive. They will ask you some basic formalities. An executive may visit your place to collect documents. You will be informed by email about account opening confermation.
SBI Demat Account Opening Status :
Your are informed about account activation within 3-4 days just after document receiving. Status of your demat application can be checked either on website or visit any nearest branch office. You need to enter your application reference number and PAN details to access application status.
SBI Demat Account login :
To access your Demat account you need to login with the help of your login credentials such as user name and password. Login ID and Password are used to access your account on any platform like mobile app (SBISMART Money App), or website. Always keep a strong password to protect your demat account form any unauthorised access. It is always better and great experience to have SBI 3 -in-1 Account.
SBI Demat Account App | How to Open Demat Account in SBI YONO App | SBI Securities App :
The best way to access your account is using SBI Demat Account App – SBISMART Money App. You can also open a demat account instantly using SBI YONO App This Mobile App assure to provide a great trading experience to its investors or traders. Here you get following benefits with these App :
- Advanced Research and Technical Report : SBI securities shares reports that are based on the analysis of realtime data of stock market. These reports are prepared by the team of research experts.
- Individual Experience : SBI YONO app provides you the personalized trading experience based on your need and requirements.
- Scanners : It is a special feature of the SBI YONO app, In this you get the opportunities to spot trading in any time of a day.
- Technical Indication : lots of technical charts are shown to give ideas about realtime market trends.
SBI Demat Account Charges | SBI Demat Account Brokerage Charges :
- SBI Demat Account Opening Charges : 100/-INR.
- SBI Trading Account Opening Charges : 850/-INR.
- SBI Demat Account Annual Maintenance Charges (AMC) : 400/-INR.
- SBI Trading Account Annual Maintenance Charges (AMC) : No Charge.
- Pledge Charges : 0.02% or INR 25/- (Which ever is higher).
- Dematerialization Charges : INR 5/- plus INR 35/- per request.
- Rematerialization Charges : INR 10/- per 100 securities plus INR 35/- per request.
Detailed Breakup of SBI Demat Account AMC Charges :
AMC charges in your demat account depends on the amount maintained in your account.
- Holdings < 50,000/-INR : INR 0 charges.
- INR 50,000/- to INR 2 Lakh : INR 100/- Per Year.
- Holdings > INR 2 Lakhs : INR 400/- Per Year.
IS there Any Minimum Balance Condition in SBI Demat Account ?
If you have only demat account than there is no compulsation to maintain any minimum balance. But if you go with investment in stocks through trading account than you need to maintain INR 10,000/- amount.
SBI Demat Account Closure Form | How to Close SBI Demat Account :
If you are not using your demat account for more than of 3 months because of any reason than its better to close the account. To do so you need to download the SBI Demat Account Closure form OR get the form at any nearest SBI securities branch.
- You need to enter all the details asked about your demat account in the form.
- This filled application alogn with required documents should be submitted at nearest branch of SBI securities or can be couriered at the address suggested by customer care excutive.
- Don’t forget to collect the acknowledgment slip while submitting the form at branch office.
- Within few working days (3-4 working days) your demat account closing request will be comleted.
- You can get the status of your application from customer care as well.
SBI Demat Account Customer Care |SBI Securities Customer Care Number :
Please send the queries form your registered e-mail ID and mention the following details to get fast response.
-> Demat Account Number.
-> Mobile Number.
-> Description of Complaint.
Go through the following channel to get your query resolved :
- Queries at Level 1 : helpdesk@sbicapsec.com
- Level 2 (If issue not resolved with in 2 working days at Level 1) : complaints@sbicapsec.com.
- Level 3 (If issue not resolved with in 2 working days at Level 2) : escalations@sbicapsec.com
- Level 4 (If issue not resolved with in 5 working days at Level 3) : cbodesk@sbicapsec.com
Phone Details : 022 – 42273300 / 301
SBI Demat Account Conclusion | SBI Demat Account Review
As per the discussion in this article SBI Cap Securities comes out as leading stock market Broker. Hence, stood out on top among all financial players. They keeps in mind the customer satisfaction and provide best services. So in our point of view its a good value making decision if you decide to open a Demat Account with SBI Cap Securities. Have a Good time with Them.
Frequently Asked Questions : SBI Securities Online Broking
1.Is there any SBISecurities Demat Account Opening Charges ? | Does SBICharge Demat Account Opening Fees?
Ans. No! Opening of SBIDemat Account is Free. No charges to open the Demat account.
- What are SBI Securities Annual Maintenance Charges (AMC) ?
Ans. Opening of Demat account with SBI Cap securities have charges equal to INR 100/-. SBI Demat Account Maintenance Charges (AMC ) are INR 400/- . Trading Account Opening Charges : INR 850/-. Trading Annual Maintenance Charges (AMC) : No Fees.
3.How to Open SBI Securities Demat Account Online ? OR How to Open Demat Account in SBICap Securities ?
Ans. The process of opening a Demat account with SBI Securities is very simple and just a click away from here, all you need to do is to click on the “Open Demat Account Link” Only. Than follow instruction and you will have the account opened.
4.What Documents are required to open SBI Demat Online Account ?
Ans. The documents required to open SBI Securities Demat Online Account are PAN Card, Aadhar Card, Photograph, Cancelled Check / Bank Pass Book if check not available these are documents to clear KYC.
5.Is Permanent Account Number (PAN) is compulsory document to open Demat Account ?
Ans. Yes ! PAN is compulsory document to open a demat account. It is used to link your your Bank account to the Trading or Demat account.
6.Is Aadhar card Or Aadhar number a compulsory document to open SBI Demat Account?
Ans. Yes! Aadhar is basic primary must document to open demat account. This works as proof of address and identity. To open a fully activated Demat account you need to pass the document verification online.
7.What is the process to open Demat Account for NRI ?
Ans. The procedure to open Demat Account for NRI is same but they need some additional documents.
8.What Documents are required for an NRI to Open a demat account?
Ans. Following Documents are Required for an NRI to Open a Demat Account :
- Filled online Application Form.
- Passport Copy.
III. Visa Copy.
IV.PAN Card.
- Address proof of abroad Residence.
- Photograph.
VII. Canceled Check of NRE / NRO Account.
VIII. Declaration of FEMA.
9.Is SBIcap Securities Best Demat Account to Trade in stock market ?
Ans. Yes Of course ! SBI is one of the Best Demat Account stock broking company to trade with.
10.How to Close SBI Demat Account ?
Ans. The only way to close SBI Securities Demat Account is to visit any nearest SBI Securities branch and get Demat Closure Form and fill it. With this form you need to clear all dues. You can also download SBI Demat Account Closure Form online.