| 14th November 2015 06:31 PM | |
| sumit | Re: SBI Demat Charges SBI is a Depository Participant registered with both National Securities Depositories Limited (NSDL) . Any individual who want to invest in shares, bonds, debentures of Indian companies can use Demat account facility of State bank of India (SBI). Features SBI demat account: Trading experience Instant Share transfer facility 24X7 access to back-office Low bandwidth option Instant Fund transfer facility SBI Demat account Service Charges A/c Opening - Nil Annual Maintenance Charges Rs. 400/- (Rs 350/- for customers receiving statements by e-mail ) Agreement Stamp Paper Rs. 100/- (for Agreement between DP and BO) or Rs. 200/- (if POA for eZ-instructions is also signed) Sell - Market and Off-Market (% of transaction value of each ISIN) For instruction submitted through Internet (eZ-instructions) 0.03% (Min. Rs. 10/-) (For Institutional Demat A/c Max. Rs 1000/-) For instruction submitted through Branches 0.03% (Min. Rs. 30/- ) (For Institutional Demat A/c Max. Rs 1000/-) Rejection/fails Rs. 10 /- Extra charges for processing of instructions submitted on the execution date late (accepted at Client's risk) For instruction submitted through Internet (eZ-instructions) Nil For instruction submitted through Branches Rs. 10/- per ISIN Dematerialisation For each request form Rs. 35/- Extra for each certificate Rs. 2/- Rematerialisation (For each request form) Rs. 25/- Closure of Account Nil Pledge Creation/Closure/Confirmation/ Invocation (% of value for each ISIN in each request) If SBI is the counter party 0.02% (Min. Rs. 15/-) If SBI is not the counter party 0.04% (Min. Rs. 30/-) Additional Account Statements By Courier Rs. 30/- Features : Account Maintenance & Safe custody Dematerialization Rematerialization Account Transfers Pledge/Hypothecation Initial Public offer Disbursement of corporate benefits Security Lending Customer Care Transact Anywhere Statements by e-mail Online Demat Statements Order Delivery Instruction Booklet online eZ - Instructions Mobile Alerts eZ-trade@sbi Here is the attachment. SBI demat chargees   |
| 14th November 2015 06:24 PM | |
| Unregistered | SBI Demat Charges How much the charges candidate have to pay use demat account facility of state bank of India (SBI) |
