100% subsidiary of SBI Capital Markets Ltd which is one of the oldest players in the Indian Capital Market & has a dominant position in the Indian primary capital markets. SBI Capital Markets Ltd.
commenced broking activities in March 2001 to fulfill the secondary market needs of Financial Institutions, FIIs, Mutual Funds, Banks, Corporate, High Networth Individual, Non-residential Investors & Retail domestic investors. SBICAP Securities Ltd. (SSL) is a company, which has been formed to take over the broking operations of SBI Capital Markets Ltd.
Services currently offered include Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services, E-Broking.
| Website. | www.sbismart.com |
| Demat Account. | CDSL. |
| Trading Exchanges. | NSE, BSE. |
| Broker Type. | Full-service broker. |
SBICAP Securities Account opening & Maintenance Charges.
| Trading Account. | NA. |
| Demat account. | Rs 850. |
| Commodity Account. | NA. |
| Trading Annual maintenance charges (AMC). | Rs.350 /year. |
SBICAP Securities Brokerage Charges.
| SEGMENT. | BROKERAGE. |
| Equity (Intraday). | 0.05% for Intraday. |
| Equity (Delivery). | 0.5% for Delivery. |
| Equity Futures. | 0.05% of Turnover. |
| Equity Options. | Rs 100/lot. |
| Currency Futures. | 0.03% of Turnover. |
| Currency Options. | Rs 30/lot. |
| Commodity. | NA. |
Margins or Leverage.
| SEGMENT. | MARGINS. |
| Equity (Intraday). | Upto 5 times for Intraday. |
| Equity (Delivery). | Upto 2 times for Delivery. |
| Equity Futures. | No Intraday Leverage. |
| Equity Options. | No Intraday Leverage. |
| Currency Futures. | No Intraday Leverage. |
| Currency Options. | No Intraday Leverage. |
| Commodity. | No Intraday Leverage. |
Trading Platform or Software.
| Trading Platform or Software. | YES. |
| Web based. | YES. |
| Mobile Application. | No Info. |
Useful Services.
| Online Trade Reports. | YES. |
| Online PNL Reports. | YES. |
| Intraday Chart Facility. | 5 Days. |
| End of Day Chart Facility. | 5 Years. |
| 3 in 1 Account. | NO. |
| Instant Fund withdrawal. | NO. |
| Relationship Managers. | YES. |
Useful Details.
| Price (Broker Type). | Percentage Based. |
| Headquarters City (Head Office). | Mumbai(Maharashtra). |
| Total Branches (Presence). | 97 Branches. |
| Research & Tips. | Yes Research Provided. |
| Total Experience in Broking. | 10 Years of experience. |
| Year of Incorporation. | 2006. |
Client Info & NRI Account opining Regulations.
| Current Active Client Base? | More Than4,00,000. |
| NRI Account Opining Allowed Or Not. | YES, It is Allowed. |
Fund Transfers Service.
| Number of bank linked to account. | No Info. |
| Mode of payment (Withdraw &Deposit). | Payment gateway, NEFT/RTGS & cheques. |
| Fund Payin processing time . | Instant by payment Gateway. |
| Fund Payout processed (Working Days). | 1 Day. |
Turnover & Other Charges.
| Equity (Cash & Delivery) Turnover charges. | NSE: 0.00386%, BSE: 0.00384%. |
| Equity Futures Turnover charges. | 0.002206%. |
| Equity Options Turnover charges. | 0.05515% on premium. |
| Currency Futures Turnover charges. | 0.002206%. |
| Currency Options Turnover charges. | 0.05515% on premium. |
| Commodities Turnover charges. | No info. |
| Dial & Trade charges. | Rs.0. |
| DP Transaction charge. | Rs 21 /Debit Transaction or 0.01% whichever is higher. |
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Support & Tools Available.
| Brokerage calculator. | Not Available. |
| Margin Calculator. | Not Available. |
| Bracket orders & Trailing stoploss. | Not Available. |
| Cover order. | No Info. |
| User guide & remote end support. | YES. |
Reports & Confirmation.
| Contract notes on Email. | Yes (Register Email ID). |
| Contract notes online. | Yes (Register Email ID). |
| Periodical statement on Email. | Yes (Register Email ID). |
| Trade confirmation on Email. | Yes (Register Email ID). |
| Trade confirmation on SMS. | Yes (Register Email ID). |
Additional Features.
| Charting (Intraday & EOD). | YES. |
| Coding or Backtesting (Algo Trading). | Not Available. |
| Referral program (Affiliate). | Not Available. |
| Training & Education. | YES. |
| Online trading community. | Not Available. |
Customer Care.
| Contact Details. | Registered Office. SBICAP Securities Limited, 191, Maker Tower ‘E’ Wing, Cuffe Parade, Mumbai – 400 005. Contact No 022-30273300. Head Office SBICAP Securities Limited II Floor, A Wing, Mafatlal Chambers, N.M.Joshi Marg, Lower Parel, Mumbai – 400013. Contact No 022- 42273300/3301. |
| Call, | Customer Care 1800-209-9345(Private Telecom Users), 1800-22-33-45(MTNL/BSNL Users), (022) 61536900 (NRIs), Timing: 8:30 AM to 6:30 PM (All Trading Days), 9:30 AM to 2:30 PM (Saturdays), |
| Email. | [email protected] submit your query/request or your valuable feedback through Online Form |
| Complaints Or Grievances. | [email protected] DP related grievance:- [email protected] |
SBICAP Securities Review & Ratings
On the scale of 5 (0 is worst & 5 is best). Below are the review & rating for SBICAP Securities.
| Summary | Ratings |
|---|---|
| Customer Experience | 4.5 / 5 |
| Trading Platform / Mobile APP | 4.9 / 5 |
| Services | 4.5 / 5 |
| Brokerage Charges | 5 / 5 |
| Fund Add / Withdrawal | 5 / 5 |
| Overall Rating | 4.5 / 5 |
| Star Rating | ★★★★★ |
| Review Counts | 154 |
Sebi Registration.
| Equities: Trading through SBICAP Securities Limited, NSE SEBI Registration Number INB 231052938. |
| NSE Currency Derivative INE231484739. |
| NSE SEBI Registration Number Derivatives INF 231052938. |
| NSE SEBI Registration Number Currency Derivatives INE 231052938. |
| CDSL: IN-DP-CDSL-370-2006. |
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