How do I open a Demat account with SBI and do online trading?
It is simple process Go online and open SBI website. You will find a option 'SBI Demat Account' . Fill your detail. You will receive a call from SBI. They will give you SBI CapSec office detail. You need to go there. they will provide a KYC form and Demat Account opening form. Read this form carefully and after satisfaction sign it. You have option to choose online or offline trading mode. You will be charged 850/- rupees But you have an option. You can open a FD Account with any branch of SBI with amount 1000/- rupees. After that you have no need to pay any charge for opening a demat account. However you need to pay 100/- to 400/- rupees annual demat account maintenance charge. First year Nil. After one week you will receive you demat number and password by Email and by post also. You can Change your password by login on SBI CapSec website. After login firstly you need to Lien fund from your SBI bank account to purchase shares. now you can trade online. You can download a SBI CapSec Software from website for more simplification. You can also download SBI CapSec mobile App and can trade from your mobile phone. If you are unable to go online you can purchase or sale shares by call customer care by telling them client id and some more detail there are 2 numbers 022 61536900 Paid number 18002099345 Toll free number
hello Demat as well as Online Trading accounts are now being opened in the books of SBI Cap Sec Ltd. However, if you want to open a demat or/ and online trading account, has the following options: Approach the nearest SBI branch- Branch will gather the requisite information and forward the same to SBI Cap Securities Ltd. Through our site, www.sbi.co.in, the customer may submit the account opening request to SBI Cap Securities Ltd. Visit Apply Online Forms in the Home page. The customer may request SBI Cap Securities Ltd. directly also to open the account (www.sbismart.com) State Bank of India (SBI) introduces you to a State-of-the-Art broking predominantly to cater to every broking need and offers a truly world class experience of online investing anyplace, anytime. Buying and selling of shares is now just a click away. tate Bank of India in alliance with SBICap Securities Limited offers you an online trading account which will let you trade from the comfort of your home or office either through the Internet. This service provides you with a 3-in-1 account which is an integrated platform of Savings Bank A/c, Demat A/c and an Online Trading A/c to give you a convenient and paper free trading experience under one roof.