This article will provide comprehensive knowledge of the SBI Cap Securities Charges. It contains details on the SBI Cap Securities brokerage charges, transaction charges, account opening charges, and miscellaneous charges.
SBI Cap Securities is the stockbroking division of the State Bank of India and is 100% subsidized. A large number of clients rely on this broking house for trading in different financial products transparently.
Traders have to pay a certain amount of brokerage for trading with a broker house which should be known in advance. Therefore, investors looking forward to trading with the broker house should go through these Brokerage Charges very carefully.
Summary | |
Equity Delivery Trading | 0.50% |
Equity Intraday Trading | 0.08% |
Margin Money | Rs.10,000 |
Margin Funding Charges | 18% + GST |
Reactivation Charges | Rs.50 per Segment |
What are the SBI Cap Securities Brokerage Charges?
Brokerage Charges | |
What are the Equity Delivery Charges? | 0.50% |
What are the Equity Intraday Charges? | 0.08% |
What is the brokerage on Equity Futures? | 0.03% – 0.05% |
How much brokerage charged for Equity Options? | Rs.50 per lot |
What is the brokerage on Currency Futures? | 0.02% |
What is the brokerage on Currency Options? | Rs.20 per lot |
How much brokerage charged for Commodity Trading? | NA |
Brokerage Calculator | SBI Cap Securities Brokerage Calculator |
SBI Cap Securities charges low brokerage fees to help its clients take away the maximum amount of the profit earned. The broker house has divided the charges into some specific groups and traders have to follow the charge levied on each group before trading.
One can trade in a wide range of well-researched financial products with this broker house that includes equities, futures, options, and currencies. The SBI Cap Securities Brokerage on equity delivery is 0.5%. Charges levied for equity intraday are only 0.08%.
Traders can trade equity futures by paying a brokerage of 0.03% to 0.05%. SBI Cap Securities imposes Rs.50 for trading one lot of equity options. Clients owe a brokerage of 0.02% for trading currency futures. SBI Cap Securities Charges Rs.20 for each lot of currency options.
We have designed an SBI Cap Securities Brokerage Calculator that will help traders to find out the brokerage charges before trading. They will have to choose the financial product they want to trade in, along with its quantity and the calculator will display the correct brokerage.
Open Demat Account with SBI Cap Securities Now! – Fill up the Form
What are the SBI Cap Securities Account Opening Charges?
Account Opening Charges | |
Is there any Trading Account Charges [One Time]? | Rs. 850 |
How much is the Trading Account AMC [Yearly]? | Rs. 0 |
Is there any Demat Charges [One Time]? | Rs. 0 |
How much is the Demat AMC [Yearly]? | Rs. 500 |
Any minimum Margin Money required? | Rs.10,000 |
The account opening charges are imposed on the traders when they open a trading account or a Demat account with the broker house. SBI Cap Securities charge a reasonable rate for opening these accounts. Clients have to pay this charge only once and access their accounts for trading all their life.
The SBI Cap Securities Account Opening Charge for the trading account is Rs.850. Traders can trade in various financial products by paying this amount of money for opening a trading account. However, the broker house does not charge a single penny for the maintenance of this account.
This means clients are provided the necessary services year after year for free. Another interesting fact is that the SBI Cap Securities Demat Charges are zero. Traders can open a Demat account free of cost with the stockbroker which is quite a rare sight in the country.
An AMC of Rs.500 is imposed on the Demat account in exchange for the exceptional services offered to the clients. One has to maintain a margin amount of at least Rs.10,000 with SBI Cap Securities for operating the trading account.
Find out Brokerage & Other Charges of Stock Brokers
What are the SBI Cap Securities Transaction Charges?
Transaction Charges for each segment | |
What are the Transaction Charges for Equity Delivery? | NSE: 0.00386% and for BSE: 0.00384% |
What are the Transaction Charges for Equity Intraday? | NSE: 0.00386% and for BSE: 0.00384% |
How much is the Transaction Charges for Equity Futures? | NSE: 0.002206% |
How much is the Transaction Charges for Equity Options? | NSE: 0.05515% |
What are the Transaction Charges for Currency Futures? | 0.00221% |
What are the Transaction Charges for Currency Options? | NSE: 0.05515% |
Any Transaction Charges for Commodity Trading? | NA |
SBI Cap Securities charges transaction fees in two different sections based on the stock exchanges. Clients can trade in both NSE and BSE with this broker house and it charges differently for both of these stock exchanges.
The SBI Cap Securities Transaction Charges on equity delivery are 0.00386% for NSE and 0.00384% for BSE. Charges on equity intraday based on NSE are 0.00386% and that for BSE is 0.00384%. The transaction charges imposed on equity futures are 0.002206% for NSE.
The broker house levies a transaction charge of 0.05515% for trading equity options on NSE. Charges imposed on currency futures are 0.00221%. SBI Cap Securities Charges 0.05515% on trading currency options on NSE.
What are the other remaining SBI Cap Securities Charges?
Other Charges | |
How much are the Transaction Charges levied? | 0.0002% of Total Turnover |
What are the STT charges? | 0.0126% of Total Turnover |
How much is the Stamp Duty levied? | 0.002% – 0.004% – Depends on State |
How is the GST charged? | 18% of (Brokerage + Transaction Charges) |
Any Margin Funding Charges? | 18% + GST |
How much is the Reactivation Charge? | Rs.50 per Segment |
Any charges for Account Closure? | Rs.60 per Segment |
What are the Dematerialisation Charges? | Rs.40 |
Apart from the brokerage fees and transaction charges, there are some more charges imposed by this broker house. Most of these charges are paid to the central and state government and a trader is obliged to pay them. Below are the details of the other miscellaneous charges levied by SBI Cap Securities.
SBI Cap Securities Charges / Govt Charges a transaction charge of 0.0002% on the total turnover. The STT charge is also charged on the total turnover of a trader and it is 0.0126%. A Stamp Duty between 0.002% and 0.004% is imposed by the state government. Traders owe a GST of 18% on the brokerage and transaction charges.
A margin funding charge of 18% + GST is levied by the stockbroker. The SBI Cap Securities Charges on account reactivation is Rs.50 for each segment and that for closing an account is Rs.60. Traders have to pay a dematerialization charge of Rs.40 for the Demat account.
Check out the Charges of other Stock Brokers
General FAQs on SBI Cap Securities Brokerage
Let’s have a look at the FAQs on SBI Cap Securities Brokerage:
Does SBI Cap Securities provide fixed brokerage options?
No, SBI Cap Securities does not provide fixed brokerage options to traders.
Does SBI Cap Securities have different brokerage charges for penny stocks?
No, the broker house does not levy different brokerage charges for the penny stocks.
Can I calculate SBI Cap Securities brokerage even before I place a Trade?
Yes, SBI Cap Securities maintains a brokerage calculator that will make the calculation easy.
Can I calculate SBI Cap Securities margin/limit / exposure?
Yes, traders can calculate margin, limit, and exposure before trading with SBI Cap Securities.
Are there any account opening fees by SBI Cap Securities?
Yes, this broker house imposes account opening fees only on the trading accounts.
Is there any AMC levied by SBI Cap Securities?
No, there is no Annual Maintenance Charge levied by SBI Cap Securities.
SBI Cap Securities Charges – Conclusion
SBI Cap Securities has managed to create brand value among the traders who trust the broker house because of its transparency. The SBI Cap Securities Charges are affordable and justified if compared to the services offered by the company.
Clients can also open a Demat account without paying any SBI Cap Securities Demat Charges which is great news. Therefore, traders should contact SBI Cap Securities at the earliest to enjoy seamless trading in financial products.
Open Demat Account with SBI Cap Securities Now! – Fill up the Form
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