SBICAP Securities Brokerage Charges and Transaction Charges

 
 
 
 
 

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SBICAP Securities Brokerage Charges and Transaction Charges

SBICAP Securities is one of the popular full-service brokers of India started its operation in the first quarter of the financial year 2006-07. It is the arm of the trusted brand SBI (State Bank of India) which is the India’s largest bank and SSL is one of the subsidiaries of SBI Capital Markets Limited. SSL is a SEBI registered broker and member of the BSE and NSE. It provides a wide range of services that includes institution equity, retail equity, derivatives, broking, depositary services and third-party distribution products.
As a depositary participant of CDSL and NSDL, SSL offers 3-in-1 account services that includes bank account of SBI, demat and trading account on SBICAP Securities. It provides SBI offers ‘YONO’ application for all your banking needs including investment, insurance, loan, trading ,shopping and much more.
You can trade/invest in equity, derivative, currency, mutual fund and IPO. SSL charges affordable brokerage on trading in various segments. For those clients who are unable to trade/invest online, they can avail the offline facility of SSL such as branch offices, dial and trade facility etc.

SBICAP Securities Limited Account Opening Charges:

SBICAP offers free demat account and charges annual maintenance which is a very affordable amount. You can also choose 3-in-1 account facility as provided by SBICAP.

Account

Charges

Trading Account Opening Charge

Rs.850 (one-time)

Trading Account AMC

Rs.0

Demat Account Opening Charge

Rs.0

Demat Account AMC

Rs.350 (Yearly)


• 3-in-1 Account Opening Charge- Rs.850
• Annual Maintenance Charges (AMC)- Rs.500 (Yearly)

SBI Securities Limited Brokerage:

It is paperless integrated platform of saving bank account, demat account and trading account. On buying or selling of securities, customers used to pay brokerage or commission to the SBI Securities.

SBI Securities eZ-trade

Segment

Brokerage Fee

Equity Delivery

0.50%

Equity Intraday

0.05%

Equity Futures

0.05%

Equity Options

Rs.100 per lot

Currency Futures

0.03%

Currency Options

Rs.30 per lot

Commodity Future

NA

Commodity Options

NA

 

SBI Depositary Charges for Resident Retail Customers:

There are various SBI depositary charges for resident retail customers such as account maintenance charges, transaction charges, stamp duty, STT charges, pledge charges and much more.

Transaction

Type

Charges

Account Opening Charges

-

Rs.850

Dematerialization

Certificate + Request

Rs.5 per certificate + Rs.35 per request

Annual Maintenance charges (AMC)

Holdings<50,000

Nil

50,000<Holdings<200,000

Rs.100 per annum

Holdings>200,000

Rs.500 per annum

Pledge Services

If SSL/SBI is the counter party

0.02% of value or min Rs.25 whichever is higher + CDSL charges

If SSL/SBI is not the counter party

0.04% of value or min Rs.50 whichever is higher + CDSL charges

Re-materialization

Re-materialization Request

Rs.35 per request + Rs.10 for every 100 securities or part thereof or flat fee of Rs.10 per certificate whichever is higher.

On market (Sell market)/Off market

With POA (Applicable for on market instructions only)

0.01% (Min. Rs.21 & Max. Rs.300

For Instruction submitted through internet

0.01% (Min. Rs.21 & Max. Rs.300

For Instruction submitted through branches

0.04% (Min. Rs.30) Extra charges of Rs.10 per ISIN for late submission

Buy-market and off-market

Nil

Rejection/Failed instruction

Rs.10 per failed instruction

Additional Account Statement

By Courier

Rs.30

By mail

Nil

 

SBICAP Securities Limited Transaction Charges:

Transaction charges are the addition of exchange turnover charges and clearing charges.

Segment

Transaction Fee

Equity Delivery

NSE- 0.00386% ; BSE- 0.00384%

Equity Intraday

NSE- 0.00386% ; BSE- 0.00384%

Equity Futures

NSE- 0.002206% (Rs.221/crore)

Equity Options

NSE- 0.05515% (Rs.5515/crore)

Currency Futures

0.002206%

Currency Options

NSE- 0.05515% (Rs.5515/crore)

Commodity

NA

 

SBICAP Securities Limited Trading Taxes

There are different govt taxes and fees charged by the broker in addition to the brokerage.

Taxes

Rates

Securities Transaction Tax (STT)

  • Equity Delivery- 0.1% on both buy & sell
  • Equity Intraday- 0.025% on sell side
  • Equity Futures- 0.01% on sell side
  • Equity Options- 0.05% on sell side (premium)
  • Commodity Futures- 0.01% on sell side (Non-Agri)
  • Commodity Options- 0.05% on sell side
  • Currency F&O- No STT
  • On exercise transaction- 0.125%
  • Right to entitlement- 0.05% on sell side

GST

18% on (Brokerage+Transaction+SEBI fee)

SEBI Charges

0.00005% (Rs.5/crore)

Stamp Duty

(On buy side only) Delivery- 0.015%, Intraday- 0.003%, Equity Futures- 0.002%, Equity Options- 0.003% and Currency F&O- 0.0001%

Commodity Futures- 0.002%, Commodity Options- 0.003%




Frequently Asked Questions


At 2.45 pm, SBICAP Securities auto-square off all the open intraday positions.
SBICAP Securities charges 0.05% for intraday trades and it is also known as Margin Intraday Square-up or MIS trades.
SBICAP Securities charges 0.03% for currency futures trading and Rs.30 per lot for currency options trading.
SBICAP Securities charges Rs.850 on opening of 3-in-1 account.
No, currently this facility is not available. You can not invest in commodity segment through SBICAP Securities as it is not a member of national exchange MCX.
Yes, you can place cover order and bracket order on SBICAP Securities.
SBICAP Securities charges 0.50% for equity delivery trade on SBICAP Securities.
It comprises of 3 balances; lien, ledger and collateral balance. • Lien- It is the total balance blocked by you for the trading purpose. • Ledger- After setting off the trade amount or outstanding dues, total balance available in your account is ledger balance. • Collateral- It is the notational valuation of your demat holdings, you can use this to place order.
Kindly follow the below steps: • Go to ‘download’ tab. • Fill and sign the ‘change in designated bank account’. • Attach the scanned copy of cancelled cheque of your bank account you wish to add. • You can send the scanned copy of your cheque for the verification purpose.
Limit, order, SL-L and SL-M are the types of order to be selected.

SBICAP Securities Reviews