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Why SBICAP charges a fee for opening an account?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The charges are to cover expenses incurred for processing your application. The Trading + Demat Account opening charges are Rs. 850.

Topic: SBI Securities Account Opening Review

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Find more questions on this topic

  1. How do I request an account opening form in SBICAP?
  2. How long does it take to open an account with SBICAP?
  3. Who can open an account with SBICAP?
  4. Do I have to maintain a minimum balance in my SBICAP trading account?
  5. How to update details in SBICAP trading account?
  6. What are SBI Smart Call and Trade charges?
  7. How to close SBI Capital Demat Account?
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