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.
You can send them an Email on firstname.lastname@example.org to know about their products and services.
List of document required to open an account:
Proof of Identity Copy of PAN Card (three Copies self attested)
Three Recent passport sized photographs
Proof of Address Copy of any one of the following (Self Attested)
Electricity bill (not more than 2 months old)
Bank Pass Book
Bank Proof: Copy of Bank Pass Book or Personalised Cheque Leaf (For applicants already having Bank Account with State Bank of India)
Demat Account Proof: Demat Account Statement or Client Master (For applicants already having a Demat Account with State Bank of India)
Contact SBI Securities / Request Call Back
SBI Securities Complaints Recieved at BSE / NSE:
Number of customer complaints lodged against share broker SBI Securities:
Number of Clients *
Total Complaints **
* Number of active clients the broker or trading member has. As per SEBI guidelines each broker reports the newly added clients to the exchange though unique client code (ucc) process. The informaiton on this page is provided by the exchange.
** The total number of complaint received against the broker at the given exchange.
SBI Cap Securities seems to be weak in reports for their trading a/c holder. It is very surprising that that the system is running with the error / fault there in. even they are not concerned to provide the facility to the a/c holder. A simple correction takes unlimited period . Some points :
1. In ledger there is a problem of date sequence if it is taken for the year. 2. Discrepancy in stock balance in Demat a/c that in the trade port folio when split / bonus issue is there. 3. It is very difficult to determine M2M profit / loss of a particular script. Recent rates are not updated which create problem in purchase/sell. These issues need to be sorted out for the traders. Other problems are the which are that vital compare to these problems.
Sbi is offer less brokerage. share are not credit to demat account by EOD. they are taking 2 days to clear. More over no proper Holding report is provide such as what price its purchased now its loss or profit.. they have useless report online.. Very bad platform.. I am closing the account..
Brokerage - Excellent Account Maintenance Fees - Excellent Website Usability - Above Average Customer Service - Below Average Overall Experience - Average
48. M Pavan Kumar Apr 10, 2015 1:51:29 PM IST | Reply
Worthless..Useless... A third class Broking and DP Company.
Account not very user friendly while e-trading. Too slow. Not possible on mobiles.
Brokerage - Above Average Account Maintenance Fees - Above Average Website Usability - Below Average Customer Service - Average Overall Experience - Average
46. Sumanta Kundu Feb 15, 2015 2:21:23 AM IST | Reply
This is a most third class service. Site will be hanged up more than 3 hours everyday. I am facing a lot of issues and fed up using it. All facilities are very poor except the account maintenance fee. I would recommend only if you trade delivery and in a day not more than 1 time.
TO open online trading account is POWER OF ATORNEY MANDATE CAN ANYONE HELP ME
42. Ramaprabu M V Jan 5, 2015 8:26:40 PM IST | Reply
Need to reduce brokerage as compared to Geojit. Mobile trading needed. Web trading opening very slow even in 4G connections
Brokerage - Very Poor Account Maintenance Fees - Excellent Website Usability - Very Poor Customer Service - Above Average Overall Experience - Average
41. pramodkumar Dec 30, 2014 10:34:46 PM IST | Reply
You all are using sbismart website for online trading why you don''t try sbismart trade platform downthis software from sbismart and trade but you should be a offline client. If you are online you cannot
Please do not go for this. When you try to sell and exit they say "technical difficulties unable to proceed"
Brokerage - Above Average Account Maintenance Fees - Average Website Usability - Very Poor Customer Service - Very Poor Overall Experience - Very Poor
39. Chamundeshwari Dec 24, 2014 9:01:17 AM IST | Reply
Humble request to all ...don''t ever trade with SBICAP Worst..they are beat cheaters ..i have mail from sbicap blaming sbi bank..every time my execution rate in order book will be different from contract note..they are big cheaters
Yes.. worst customer care.. some time they even disconnection the call with out listeng
37. Anand Gurannavar Dec 2, 2014 5:16:56 PM IST | Reply
their should be mobile app for this sbicap securities . so tat a client can trade while travelling also. . even though he is not laptop or desktop compute . coz every one can''t have computer wit them .so if sbicap securities mobile application is created means it ll be very help for a client to trade more . coz client can''t leave all his work and sit to watch the market infornt of computer . if the mobile application is created means he can see the ups and downs of market and sell the shares at right price from any corner of the country
36. sooth sayer Nov 29, 2014 6:38:44 PM IST | Reply
please update SBI capsecur price list, recently they lifted the price high... Account Opening As Applicable) Account Opening As Applicable) and more and more
35. SHANKAR KUMAR SONY Nov 6, 2014 5:58:56 AM IST | Reply
when i applyed for demat $ trading account on 25/10/14 than i recived a tiket no but nobudy contect to me for quiry.
Good morning. I am a very small account holder. I do intraday. with our cbe .branch my account no .rspr016
kindly explain to me why there is no standard brokerage on all my deals. In some there are 9 p per share and the other one at 7 p and 5 p in some cases. Kindly do me a favor. and help me understand why this kind of brokerage fees charged?? thanks a lot and if you can send me a hard copy of my account charges I will be very grateful If you are going to debit my account other than Rs.23.60 I will be very much appreciated, if you advise me in advance and oblige thanks a lot for all your co-operation and assistance
Brokerage - Above Average Account Maintenance Fees - Above Average Website Usability - Above Average Customer Service - Above Average Overall Experience - Above Average
33. ranganathan a Sep 1, 2014 10:10:27 PM IST | Reply
brokerage for intraday and delivery very very high.