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  #1  
Old June 8th, 2013, 05:14 PM
Vinodt
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Tell me about State Bank of India Demat Account Charges?

As per your requirement I am here giving you information about the charges for Demat Account Opening in state Bank of India (SBI).

Charges : Demat Account

Charge Head :
Standard Charges:

Demat Account Opening Charges
Rs. 100/- (for Agreement Stamp Paper)

Online Trading Account Opening Charges
Rs. 400/-

Annual Maintenance Charges for Demat Account Rs. 400/-
Rs 350/-for customers receiving statements by e-mail
Rejection/fails
Rs -10 per Rejection

Dematerialisation (Courier charges extra)
For each request form
Rs. 35/-

Extra for each certificate
Rs. 2/-

Pledge Creation/Closure/Confirmation/ Invocation
If SBI is the counter party (% ofvalueforeach ISINineach request)
0.02 (Min. Rs 15)

If SBI is not the counter party (% ofvalueforeach ISINineach request)
0.04 (Min. Rs 30)

Aditional Account Statements
By Courier Rs. 3
By e-mail Nil

Schedule Of Charges Online Trading Account




Demat Account charges



Last edited by Aakashd; May 18th, 2019 at 06:24 PM.
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  #2  
Old June 10th, 2013, 03:45 PM
Shreyansh P
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Join Date: May 2013
Posts: 7,469
Default Re: SBI Demat Account Charges

You want to know State Bank of India Demat Account Charges so following is its charges:

Rejection/Fails: Rs. 10 per failed instruction
Agreement Stamp Paper: Rs. 100 for agreement between BO and DP; Rs. 200 in case if POA for eZ instruction is signed.
Account Closure: Nil
Rematerialisation: Rs. 25/- for every request form
Dematerialization: Rs. 35/- for every request form and Rs. 2/- for every certificate.
Account Opening: Nil
Additional Account Statements: Rs. 30 by courier and no fees by e-mail.
Buy Market and Off-Market: Nil
Annual Maintenance Charges: Rs. 400 /- (Rs. 300/- for those customers who receive statements through e-mail).
Buying Equities: Nil

SBI Demat Account Customer Care Number: Toll free: 1800 11 22 11

Benefits and Features of Demat Account:
Safe account maintenance with security balance in electronic form
Earn extra income through your dematerialized holdings by lending securities
Get faster credit of security balance into your DP account for non monetary corporate benefits
Facilities to convert physical shares into electronic balances
Rematerialization of the electronic balances into physical form
Facilitate delivery of electronic balances pertaining to market or off-market trades

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Tell me about State Bank of India Demat Account Charges?
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  #3  
Old November 9th, 2013, 04:52 PM
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Default Re: SBI Demat Account Charges

Quote:
Originally Posted by Unregistered View Post
Tell me about State Bank of India Demat Account Charges?
onlinebanksguide.com/sbi-bank/demat-account.html
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  #4  
Old November 11th, 2013, 05:06 PM
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Default Re: SBI Demat Account Charges

hi,
SBI dmat opening charges Rs.850/- per individual. i have confirmed with their executive.
transaction 0.5% for delivery. 0.07% for intra day.
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  #5  
Old February 13th, 2014, 05:34 PM
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Sashwat
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Posts: 35,843
Default Re: SBI Demat Account Charges

As you want to get the details about SBI Demat Account Charges, so here I am providing the following Charges:

SBI DEMAT Account Charges

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Answered By StudyChaCha Member

Last edited by Aakashd; July 27th, 2018 at 04:39 PM.
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  #6  
Old October 9th, 2015, 06:41 PM
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Default Re: SBI Demat Account Charges

Will you please give here detail about the charges for Demat Account Opening in state Bank of India (SBI)?
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  #7  
Old October 11th, 2015, 11:59 AM
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Default Re: SBI Demat Account Charges

Would you please tell me about Demat Account Charges of State Bank of India? and also tell me about benefits of Demat Account?
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  #8  
Old October 11th, 2015, 12:01 PM
shabnams
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Posts: 19,808
Default Re: SBI Demat Account Charges

State Bank of India was founded in 1 July 1955, it is one of the Big Four banks of India, along with Bank of Baroda, Punjab National Bank and ICICI Bank and it is an Indian multinational, Public Sector banking and financial services company.

SBI Demat account Advantage:

Internet viewing of Demat accounts
Account Maintenance & Safe custody
Dematerialization
Rematerialization
Account Transfers
Pledge/Hypothecation
Disbursement of corporate benefits
Security Lending

SBI Demat account Charges:

Demat Account Opening Charges Rs. 100/-

Online Trading Account Opening Charges Rs. 400/-

Annual Maintenance Charges for Demat
Account
Rs. 400/-

Buy - Market and Off-Market Nil

Sell - Market and Off-Market
(% of transaction value of each ISIN): Nil

Rejection/fails Rs. 10 /- per

Dematerialisation (Courier charges extra)
For each request form Rs. 35/-

Extra for each certificate Rs. 2/-





Demat benefits

Easy and convenient way to hold securities
Immediate transfer of securities
No stamp duty on transfer of securities
Safer than paper-shares (earlier risks associated with physical certificates such as bad delivery, fake securities, delays, thefts etc. are mostly eliminated)
Reduced paperwork for transfer of securities
Reduced transaction cost
No "odd lot" problem: even one share can be sold
Change in address recorded with a DP gets registered with all companies in which investor holds securities eliminating the need to correspond with each of them separately.
Transmission of securities is done by DP, eliminating the need for notifying companies.
Automatic credit into demat account for shares arising out of bonus/split, consolidation/merger, etc.
A single demat account can hold investments in both equity and debt instruments.
Traders can work from anywhere (e.g. even from home).

Documents Required For Demat Account:


PAN (Compulsory)
Bank statement (last 3 months)
Address Proof
Income Tax Return
Two colour photos
Bank crossed Cheque (If required)
KYC details
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Last edited by Aakashd; July 27th, 2018 at 04:40 PM.
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  #9  
Old October 13th, 2015, 12:05 PM
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Default Re: SBI Demat Account Charges

I want to open Demat account at SBI bank .How I can apply online to open Demat Account at SBI Bank ? please tell process for it .
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  #10  
Old October 14th, 2015, 11:31 AM
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Default Re: SBI Demat Account Charges

Hello sir would you please give me some information about Demat Account Charges in State Bank of India? please provide me pdf file for this…
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