FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha Trade@20
SBICAP Securities Ltd (SSL) is the broking arm of SBI Group and a wholly-owned subsidiary of SBI Capital Markets Ltd. SBICAP Sec is a full-service broker and a registered depository participant with CDSL and NSDL to offer demat account opening services. Likewise, other full-service brokers such as ICICI Direct, HDFC Securities, and Axis Direct, SBICAP Securities, in association with SBI Bank, offer a 3-in-1 account opening facility integrating SBICAP Securities Demat Account, SBICAP Securities Trading Account, and SBI Bank Account. Indian residents as well as NRIs (except the USA, UK, Japan, and Canada-based NRIs) can open a 3-in-1 account with SBICAP Securities. Check here the comprehensive information about SBICAP Securities Account Opening process, forms, documents requirement, account closure, and other key aspects.
As the name implies, a 3-in-1 account is a combination of 3 separate accounts integrating demat, trading, and bank account. Each of them is explained here as follows;
There are multiple ways to open demat and trading account with SBICAP Securities described below:
Method 1: Register yourself online with SBICAP Securities
Method 2: Walk-in SBICAP Securities Branch
The broker has more than 115 branches in different states across the country. Offline demat and trading account can be opened by visiting the SBICAP Securities branch, filling physical application forms, and submitting it to the broker. The process is a quite effective method because documentation formalities don’t take more than a few hours and you can also resolve your doubts regarding brokerage charges, AMCs, and others. However, at the same time, it may be cumbersome as well, if the branch is far away from you.
Method 3: Give a Missed call
The broking house has a centralized dealing desk that offers services to clients over the phone. In order to open SBI Securities demat and trading account, you can simply give a missed call at 092667 92667 and then the customer service representative will call you and explain the account opening process thoroughly.
To open a demat and trading account with SBICAP Securities, you have to provide the following documents to the broker;
There are 4 ways to get account opening forms from the broker, listed below:
SBICAP Securities Demat Account Opening charge is zero means one can open a free demat account with SBICAP Securities whereas the demat AMC of Rs. 350 is levied. However, on the other side, to open a trading account with SBICAP Securities, you’ve to pay an account opening fee of Rs. 850 but trading account AMC charge is nil.
You can check the account opening status online following these steps;
Once your SBICAP Securities Trading Account is opened, you can log in the account using these steps;
If you want to modify details such as contact details or address, then you have to fill the relevant account modification form and submit it to the broker.
Steps to download SBI Contact and Address Modification Form
The broker doesn’t offer an online/telephonic/email/chat facility for account closure that means the account closing process is completely offline. Prior to account closure, it is necessary to clear all pending dues and transfer all securities and holding to either other demat account or sell it.
Steps to close an account with SBICAP Securities
You can connect with the customer service team on e-mail or phone to know the status of your account closure request.
There are no charges levied by the broker to close an account with SBICAP Securities.
Steps to get Account Closure Form
Alternatively, you can also visit any of the SBICAP Securities branches and request for the account closure form.
SBICAP Securities, a part of pioneering SBI Bank is one of the best full-service providers in India. Due to its widespread branch network, 3-in-1 account offering, free trading platforms, free research & advisory, strong customer support etc. enable the broker to establish a strong market position in the Indian broking industry.
To open SBICAP Securities Trading Account, you can either visit any branch or register yourself online or drop a missed call at 092667 92667.
There is no offer available to open a new account with SBICAP Securities Ltd.
There is no promo code available to open demat and trading account with SBICAP Securities.
The broker doesn't offer referral services to clients.
The broker offers offline account opening facility wherein you can open an account with SBICAP Securities through different ways that are provided below;
1st method: You can register yourself with the SBICAP Securities through filing online registration form that requires some sort of information such as name, e-mail, mobile no., city, pin code etc.
2nd method: As the broker operates through over 115 branches all over the country, so you can visit any of the nearest SBI Branch anytime and complete all the documentation requirements to open account.
3rd method: Just give a missed call at 092667 92667 thereafter, you’ll get a call from customer service representative who will explain the account opening process thoroughly.
Alternatively, you can simply leave your information with us and SBICAP Securities customer representatives will reach you
To change your contact number or address, you’re required to fill the Contact and Address Modification Form, sign it and send the filled form to any of the nearest branch. You can download the document modification form from the broker’s website.
Download Contact & Address Modification Form
The broker provides all the documents and forms on its website. Thus, you can access the broker’s website and under the download option, you will find the account closure form. Just take a printout, fill the document and send with the required documents to the nearest branch.
Click here to download Demat and Trading Account Closure Form
Last Updated on 2023-09-13