SBICAP SECURITIES

3.5 Overall

SBI cap securities is the derivative of State Bank of India. Founded in 1986 and headquartered in Mumbai. SBICAP also offers services in the areas of Equity Broking & Research, Security Agency & Debenture Trusteeship and Private Equity Investment & Asset Management through its wholly owned subsidiaries SBICAP Securities Limited, SBICAP Trustee Co. Ltd and SBICAP Ventures Limited, respectively.

Brokerage Charges3.5
Platforms & Tools 2.5
Customer Service 3.0
Cons
  • They don't offer any discounts in charges
  • User experience is not so great
  • High AMC charges

SBICap Securities Overview

SBI cap securities is the derivative of State Bank of India. Founded in 1986 and headquartered in Mumbai. SBICAP also offers services in the areas of Equity Broking & Research, Security Agency & Debenture Trusteeship and Private Equity Investment & Asset Management through its wholly owned subsidiaries SBICAP Securities Limited, SBICAP Trustee Co. Ltd and SBICAP Ventures Limited, respectively.

SBI cap securities is the derivative of State Bank of India. Founded in 1986 and headquartered in Mumbai. SBICAP also offers services in the areas of Equity Broking & Research, Security Agency & Debenture Trusteeship and Private Equity Investment & Asset Management through its wholly owned subsidiaries SBICAP Securities Limited, SBICAP Trustee Co. Ltd and SBICAP Ventures Limited, respectively.

 

 

 

SBICap Securities Brokerage Charges

  • Intra-day Trades: 0.15% (both sides) Or Minimum 5 paise per share whichever is higher.
  • Delivery Based Trades: 0.50% or Minimum 5 paise per share whichever is higher.
  • Futures: 0.05% for intraday and 0.09% for carrying forward Or Minimum 5 paise per share whichever is higher.
  • Options Trades: Rs. 50/- for intraday (one side) (per contract) and Rs. 100/- for carry forward (per contract).

SBICap Securities Other Charges

SBI Securities Account opening charges

  • Individual Account Opening Charges are Rs 500
  • Non-Individual Account Opening Charges are Rs 1000
  • Individual account Annual maintenance charges are Rs 400
  • Non-Individual Annual maintenance charges are Rs 800

SBICap Securities Platforms & Tools

SBI Smart app for Mobile and iPad users

offline and online trading

SBI smart Web and desktop applications

market research

SBICap Securities Education & Research

Smart Edutainment is their information portal for beginners

They have put together every information possible from what to how

SBICap Securities Customer Service

They have 24/7 customer service

SBICap Securities Closing Thoughts


Background
Year of Incorporation 2001
Website http://www.sbicapsec.com
Demat CDSL
Exchange Enabled NSE & BSE
Platforms
Software Yes
Html5 Yes
Android Apps Yes
IOS Apps Yes
Charting
Intraday Upto 5 days on ODIN
End of Day Upto 5 years on ODIN
Indicators Yes
Coding No
Brokerage
Equity Delivery 0.5%- Negotiable
Equity Intraday 0.05%- Negotiable
Equity Futures 0.05% of Turnover- Negotiable
Equity Options Rs 100/lot- Negotiable
Currency Futures 0.03% of Turnover- Negotiable
Currency Options Rs 30/lot- Negotiable
Commodities NA
Margins
Equity Intraday Upto 5 times
Equity Delivery Upto 2 times @interest
Equity Options No Intraday Leverage
Equity Futures No Intraday Leverage
Currency Futures No Intraday Leverage
Currency Options No Intraday Leverage
Commodities NA
Turnover & Other Costs
Equity 0.00325% of Turnover
Equity Futures 0.0019%
Equity Options 0.05% of Turnover
AMC Charges Rs 350/year
DP Charges Rs 21/debit instruction or 0.01% whichever is higher
Commodities NA
Broker Assisted trades Nil
Active Clients
Active Clients 2016 153603
Active Clients 2015 125828
Active Clients 2014 113810
Reporting
Online Trade Reports Yes
Online PNL Reports Yes
Online Contract Notes Yes
Tax Ready Yes
Accounting Opening Costs
Trading Only NA
Trading Demat Rs 850
Commodity NA
Support & Tools
Research & Tips Yes
Brokerage Calculator Yes
Margin Calculator Yes
Brakets Orders No
Training & Education Yes