SBI Securities Stock Trading, Demat, Brokerage and Reviews
SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading product to investors & traders.
The portal allows both Resident Indians and Non Resident Indians (NRIs) to invest in Equity, Derivatives, Mutual Funds, IPOs via the online channel. SSL's online trading platform is powered by a robust trading engine. SSL is registered with the Securities Exchange Board of India. SBICAP Securities (SSL) provides Share Trading with eZ-trade@sbi. This links all your three accounts i.e. Bank Account, Demat Account and Trading Account together.
For online trading with SBICAP Securities, investor has to open an account. Following are the ways to open an account with SBICAP Securities:
Call them at phone number provided below and ask that you want to open an account with them.
Call on Toll free number: 1800-22-3345 to speak to a Customer Service executive
Land Line: 022-61536900 / 24231300
Visit one of their branches. SBICAP Securities has a huge network all over India. Click on https://www.sbicapsec.com/BranchNetwork.aspx this link to find out your nearest branch. Just select the place near you and you'll find a manager to assist you there.
I HAVE GONE THROUGH THIS COMMENTS BEFORE OPENING DEMAT AND ONLINE BROKING ACCOUNT WITH SBICAPSEC . BUT I HAVE DARED TO GO WITH THEM . SO FRANKLY SPEAKING , I AM EXPERIENCING A QUITE SMOOTH AND FINE BROKING ACTIVITIES , FROM ACCOUNT OPENING TO TRADING OF SHARES. THE ONLY PROBLEM WITH SBICAP IS THERE HIGHER CHARGES AND THIS MAY LEAD SOMEONE TO THINK FOR OTHER BROKERS . OTHER THINGS ARE OKAY WITH SBICAP , AS PER MY EXPERIENCE .
I am new to share market , can anyone suggest which Broker is the Best in all aspects ? Is it possible to trade without the help of brokers , Since I am not going to do Intra day trading ..
23. MD ISMAIL SK Mar 31, 2014 9:09:22 AM IST | Reply
No system login from mobile. Need adobe flash and very fast data speed. sometimes server becomes down. so not good.
Brokerage - Very Poor Account Maintenance Fees - Above Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
22. p joga rao Mar 29, 2014 11:33:35 AM IST | Reply
your service verypoor
21. rajurajan Mar 24, 2014 12:52:57 AM IST | Reply
Stay away from this crap.geogit is the best.Even new UI sbismart useless and waste of time.
20. Monu Tiwari Mar 18, 2014 12:41:34 PM IST | Reply
For AMC, as they are the biggest public sector bank but nothing they provide to general people. AMC & Brokerage charges are same as private sector or more than that. Website is horrible for placing orders. No succession you will get, everytime you''ll lose your temprament while using their services. Customer service, is too good that while calling 3 beep will come & call will bedisconnected. Whole day no result. Overall very sad experience with your services...
Brokerage - Very Poor Account Maintenance Fees - Very Poor Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
SBI Demat is the worst compared to other service providers like ICICI. You cannot login in other platform like Chrome or iOS or Android. Such is the foolish design by the SBI intellectuals. Hats off to these smart guys to develop a non-smart and idiotic Demat trading web.
It would be the biggest mistake if anyone will open account Demat/trading account with SBI.
Telling my story, I got account opened after 2-3 months of initiating the process. I just got a Demat booklet and letter stating my demat account no.
For three years I never used it, no one also contacted me. SBI guys do not bother about their customer and their grievances.
I wanted to close the account as every year Aproxx Rs 300 was deducted from my account. I realized that closure activity is even longer and painful than account opening activity.
There is no centralized system in SBI, DeMat services guy do not know about trading account and vice versa. There is no centralized contact no. Every time you will call on their toll free no. everyone will tell some different story for closure process.
Finally one day I went to nearest trading branch in Gurgaon to close the account, they gut their told me that now SBI and SBI cap sec are two different entities and my account is with SBI, so I have to go to SBI only.
It has now become a headache for me.
17.1. SANTOSH Feb 19, 2014 6:49:23 AM IST |
It is true. All other subsideries of SBI like SBICAP,SBILIFE,SBI MF,SBI GEN providing worst service. They all depends on SBI. iNDIVIDUALLY THEY NOT PROVIDING SERVICE OR QUALITY OF SERVICE IS WORST. ONLY SBI IS BEST. IT PROVIDE BEST SERVICE. SUBSIDERIES TAKING ADVANTAGE.
Very high brokerage. They are charging on Rs-0.5 per share, is more dangerous, for example If you purchase a share of 1/- value, 10,000 to invest Rs 10,000/- they are charging 650/- for purchasing and 650/- for selling total Rs -1300/-, and they are collecting separate transaction charges by sending bills and deducting directly from saving bank account. It is worst
they increased the charges without taking the consent of the customer and very oppurtunistic - when the market is high they increased the trading rate and minimum charges on sale 600% and that too charged on daily basis and collected on daily basis The advisor never informed about this. Not good at all for small investor and daily trader
Brokerage - Very Poor Account Maintenance Fees - Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
6. Jadhav Datta Feb 19, 2013 3:43:57 PM IST | Reply