Who can open a Demat account with SBICAP?

All resident Indians, Non-Resident Indians (NRIs) and Institutions can open a Demat account.

A minor can also open an SBI Demat account. The legal guardian operates the account on his behalf till the minor becomes a major. Documents (PAN and Aadhar) of the legal guardian are required at the time of SBI minor Demat account opening. The Guardian has to sign on the forms too.