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SBI Securities Brokerage Charges, Fees, AMC, Transaction Charges 2024


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SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide onlin... Know more about SBICAP Securities Ltd

SBI Securities Account Charges

SBI Securities offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with SBI Securities. SBI Securities fee structure and trading commission rates are explained as below.

To open SBI Securities account you have to pay account opening charges and annual maintenance charges (AMC).

SBI Securities Account Open Charges | SBI Securities AMC 2024

TransactionFee
Trading Account Opening Charges (One Time)Rs 850
Trading Annual Maintenance Charges AMC (Yearly Fee)
Demat Account Opening Charges (One Time)
Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 750 (Free for 1st Year)

SBI Securities Brokerage Charges 2024

Customer pays a commission (brokerage) when buying or selling stocks through SBI Securities. The brokerage charges for equity, commodities and currency derivative trading for SBI Securities are explained as below.

SBI Securities

SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery0.50%
Equity Intraday0.05%
Equity Futures0.05%
Equity OptionsRs 100 per lot (sell and buy side)
Currency Futures0.03%
Currency OptionsRs 30 per lot
Commodity Futures0.05%
Commodity OptionsRs 100 (sell and buy side)

SBI Securities Demat Account Charges 2024

The Demat account transactions are charged separately from the trading commission. Find SBI Securities Demat account charges 2024.

SBI Securities Demat Charges

SBI Securities trading and demat account opening fees are Rs 850. SBI Securities charges Rs 750 per year demat account AMC. SBI Securities demat debit transaction fee of

  1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
  2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN
per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 850
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)
  1. Through POA - 0.01% of the transaction value (Minimum of Rs 21 and Maximum of Rs 300) per ISIN
  2. Through DIS - 0.04% of the transaction value (Minimum of Rs 30) per ISIN
4 Annual Maintenance Charges (AMC)
  1. Individual Account: Rs 750 (Rs 500 for e-statement)
5 Demat + Courier charges

Rs 5 per cert + Rs 35 courier charges per request

6 Remat

Rs 35 Per Request + CDSL Charges i.e. Rs 10 per 100 securities or part quantity

7 Pledge Creation

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

8 Pledge Creation Confirmation

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

9 Pledge Invocation

0.02% of Value or Min Rs 25/- whichever is higher (Plus CDSL/NSDL Charges)

10 Failed Transactions

Rs 10 per failed instruction.

11 Other Charges

SBI Securities Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

SBI Securities Transaction Charges 2024

SegmentTransaction Fee
Equity DeliveryNSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity IntradayNSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity OptionsNSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium)
Currency FuturesNSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency OptionsNSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity

SBI Securities Trading Taxes

SBI Securities charges government taxes and fees in addition to the brokerage. These SBI Securities trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the SBI Securities tax calculation.

SBI Securities Tax on Trading

Tax SBI SecuritiesRates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on 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

Exchange Transaction Charges

Refer table above

GST

18% on (Brokerage + Transaction Charge + SEBI Fee)

SEBI Charges

0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per 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% (MCX)

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Information on this page was last updated on Wednesday, June 12, 2024

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15 Comments

15. Sunil Kumar   I Like It. |Report Abuse|  Link|June 8, 2024 6:39:56 PMReply
Mera naam Sunil Kumar Hai Mere Sath bhi Aisa Hi Hua Hai 590 Mere khate se bhi debit Demat account per Naam Se Kat Diye gaye hain kripya Mere paise wapasi karne ki kripa Karen aapki ATI kripya Hogi
14. Ramesh Chandra jain   I Like It. |Report Abuse|  Link|April 24, 2022 7:45:05 AMReply
I donot need statement.i never applied.please reverse/ refund to me at earliest.uder I'd 59998090 Ramesh Chandra jain
.
14.1. Brajveer   I Like It. |Report Abuse|  Link|September 17, 2023 10:46:57 PM
Diyar sir terding karni ha plege
13. Chandra   I Like It. |Report Abuse|  Link|May 5, 2023 3:47:08 AMReply
Today my 969rs. Cut my account without any information. Please clarify.
12. RAM NARESH SAINI   I Like It. |Report Abuse|  Link|April 14, 2023 3:34:42 PMReply
ONE INDIA ONE PLAN? CHARGES
11. jasvinder singh   I Like It. |Report Abuse|  Link|April 13, 2023 8:41:19 PMReply
Today my account cut 786.30 without information please clarify
10. RAM   I Like It. |Report Abuse|  Link|April 5, 2023 6:07:42 PMReply
SBI SECURITIES ARE VERY HIGH CHARGES WE DON'T LIKE SBI
9. SUREKHA   I Like It. |Report Abuse|  Link|December 17, 2022 7:37:04 PMReply
VERY VERY POOR SERVICE.I AM TRYING TO CLOSE THIS ACCOUNT FOR THE LAST 10 YEARS BUT THEY ARE NOT CO-OPERATING. THEY HAVE ONE BRANCH AT SHIMLA. I APPROACHED THEM MANY TIMES. THE INCHARGE MR. VIKASH SHARMA SAYS THIS IS NOT MY JOB. I HAD ABOUT 3300 SHARES OF SUZLON TO BE PURCHASED BUT THEIR PLATFORM WAS NOT WORKING. WHEN I APPROACHED HIM HE REFUSED TO HELP.I LOST THE RIGHTS ISSUE . NOW I INTEND TO FILE COMPLAINT WITH THE SEBI.
SUREKHA
8. raa   I Like It. |Report Abuse|  Link|December 2, 2022 2:13:09 PMReply
sbi mei ac khulwaao apne aap demate ac chaalu kr dete hai....janta ko lootne kaa achha treeka hai..
7. Gandhi   I Like It. |Report Abuse|  Link|October 26, 2022 12:42:54 PMReply
costly comparatively others
6. SHYAM SUNDAR GANGULY   I Like It. |Report Abuse|  Link|October 20, 2021 6:10:59 PMReply
VERY EXPENCIVE PLEASE DEDUCT THE CHARGES
6.1. Jaywant Pandurang Bhavarthe   I Like It. |Report Abuse|  Link|March 11, 2022 10:18:46 AM
Hi I am Jaywant Bhavarthe. Please guide trading with SBI securities
5. balu   I Like It. |Report Abuse|  Link|February 1, 2022 5:39:55 PMReply
In SBI Site, they are saying 400 as AMC charges. if it is email statement 350 per month. Here you are saying 0 charges for the holding less than 50,000. Did i misunderstand something
4. SHAIK   I Like It. |Report Abuse|  Link|December 15, 2021 11:35:42 AMReply
I GOT 10K PROFIT , IN THAT 2000 ARE CHARGES .. FINANLLY I GOT 8K

IT MEANS 20 % TAX +CHARGES, SO SAD, TOO RISK ON BUYING AND SELLING SHARES.. TOTAL INVESTMENT WAS 2L WITH 40DAYS..
3. M rahman   I Like It. |Report Abuse|  Link|November 22, 2021 8:33:02 PMReply
My account is debited of Rs=590 in the name of Sbi cap security LTD. I don't have a Demat or trading A/C and when I called customer care for this issue they provided me two Toll-Free numbers one is 1800-22-33-45 and the second is 1800-209-93-45 non of them are in service when you call these number one is invalid and the other one is not in service. and when you call to customer care they will say this is sbicap security ltd regarding we don't have any information regarding this you have to call sbi cap security ltd. and those number are not in service what the bullshit is this. Now a days these banks are debiting money in the name of anything without your knowledge and your approval this needs to be stopped.
3.1. Rohit Singh   I Like It. |Report Abuse|  Link|December 4, 2021 9:29:32 AM
same here, I only activated my Yono through my nearest branch and this SBI CAP got activated unnecessarily and without any warning or permission 590 rs got deducted from my savings account.
2. Sanjay   I Like It. |Report Abuse|  Link|August 6, 2021 12:12:33 PMReply
Poor customer service. Pl improve.
1. Raju Kumar Ray   I Like It. |Report Abuse|  Link|February 15, 2021 3:43:10 PMReply
Although SBI Cap Securities Ltd is costlier than other DPs and it has some lazy customer support but cent percent protected and gives its customers the faith that they and their precious savings will never be looted and utilised elsewhere.