SBI Securities Account Type

SBI Securities offers a 3-in-1 account, which integrates a bank account, trading account, and demat account. This account provides seamless transactions between these three accounts and allows investors to manage their investments efficiently. The key features of the 3-in-1 account include:

1. Wide Range of Investment Options: Investors can trade in equities, commodities, and currencies at BSE, NSE, and MCX.
2. Instant Fund Transfer: The bank account is linked to the trading account, enabling quick fund transfers for trading.
3. Online Management: All three accounts can be managed online, providing convenience for users.
4. Research and Advisory Services: Customers have access to various research reports and analysis tools to aid their investment decisions.

SBI Securities Broker Account Opening Process

To open an account with SBI Securities, you can follow these steps:

1. Online Registration:

• Visit the SBI Securities website.
• Click on "Open an Account" on the homepage.
• Fill in your personal details such as name, email, mobile number, and pin code.
• Submit the form, and a local SBI representative will contact you to assist with the process.

2. Walk into a Branch:

• Visit any SBI branch near you.
• Complete the account opening form and submit it to the bank executive.

3. Missed Call Service:

• Give a missed call at 092667 92667.
• A customer service representative will call you to explain the account opening process.

4. Required Documents:

• Aadhar card copy.
• PAN card copy.
• Proof of address (passport, bank passbook, driving license, utility bills).
• Canceled cheque.
• Passport-sized photograph.
• Proof of income (for derivatives traders).

5. Account Opening Charges:

• Trading account opening fee: ₹850.
• Demat account AMC (Annual Maintenance Charges): ₹750 (free for the first year).

The entire process can take around 3 days from the receipt of the application form.