Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
6.74%10,47,604 Clients
Zerodha (Flat Rs 20 Per Trade)
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians and Non-Resident Indians (NRIs) to invest online in Equity, Derivatives, Mutual Funds, ETFs, IPOs and NCDs. It also offers lending products like Home Loans, Car Loans, and Loan Against Securities (LAS). SSL is registered with the Securities Exchange Board of India and is a Depository Participant with NSDL & CDSL.
SBI Securities Limited offers a full suite of services to NRIs residing across the globe. For the NRIs residing in the US, UK, Canada, and Japan, SSL does offer a 3-in-1 account but does not solicit investments from them due to regulatory restrictions. NRIs, however, can avail of various services of the company at their sole discretion. SSL in association with State Bank of India provides online trading solutions to NRIs.
| Plan | Delivery | E-margin* | Intraday | Futures | Options | ETF^ |
|---|---|---|---|---|---|---|
| Suvidha | 0.50% | 0.50% | Rs 20 per order | 0.05% | Rs 50 per lot | 0.50% |
| Plan 249 | 0.50% | 0.50% | Rs 20 per order | 0.05% | Rs 50 per lot | 0.50% |
| PRO 749 | 0.35% | 0.50% | Rs 20 per order | 0.02% | Rs 20 per lot | 0.35% |
| OIOP - 3K | 0.20% | 0.40% | Rs 20 per order | Rs 20 per order | Rs 20 per order | Free |
| OIOP - 10K | 0.20% | 0.40% | Rs 20 per order | Rs 20 per order | Rs 20 per order | Free |
* No interest will be charged on E-margin for 23 trading days.
| Transaction | Fee |
|---|---|
| with POA (applicable for On Market Instructions only) | 0.01% (Min. Rs 21, Max. Rs 300) |
| For instruction submitted through internet | 0.01% (Min. Rs 21, Max. Rs 300) |
| For instruction submitted through Branches | 0.04% (Min. Rs 30) |
| Buy- market and off-market | Nil |
| Rejection / Failed instruction | Rs 10 per failed instruction |
VisitSBI Securities Brokerage Charges Reviewfor more detail.
Zerodha (Flat Rs 20 Per Trade)
Special Offer - 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.
SBI offers a 3-in-1 account to its customers linking all three accounts i.e. Bank Account, Demat Account and Trading Account together. In the 3-in-one account facility, the Savings/Current account is held with SBI while the Demat and Online Trading account is opened with SBI Securities Ltd. It also offers research services wherein customers get access to Various kinds of Research Reports, Analysis Tools and Calculators. SBI offers several online trading software to its customers, including:
Know in detail about SBI's online trading platforms here.
For those who are not able to use online services for some reasons, they can avail the company's services through other offline channels like:
Visit SBI Securities Trading Software Review for more detail.
Zerodha (Flat Rs 20 Per Trade)
The following are the advantages of SBI Securities. You must read SBI Securities advantages and disadvantages before opening an account with SBI Securities. SBI Securities pros and cons help you find if it suits your investment needs.
SBI Securities margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. SBI Securities F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for SBI Securities F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  2.5/5 |
| Fees |  3.0/5 |
| Brokerage |  2.6/5 |
| Usability | 2.6/5 |
| Customer Service |  2.7/5 |
| Research Capabilities |  2.4/5 |
Based on 165 Votes by SBI Securities Customers
Do you trade with SBI Securities? Rate SBI Securities
The number of SBI Securities customer complaint received by the exchanges. The SBI Securities consumer complaint report helps understanding the SBI Securities quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| BSE | 2025-26 | 86045 | 3 | 0.0035 % |
| NSE | 2025-26 | 1047604 | 95 | 0.0091 % |
| BSE | 2024-25 | 248766 | 13 | 0.0052 % |
| NSE | 2024-25 | 981477 | 291 | 0.03 % |
| BSE | 2023-24 | 287531 | 51 | 0.02 % |
| NSE | 2023-24 | 891155 | 212 | 0.02 % |
| BSE | 2022-23 | 198031 | 47 | 0.02 % |
| NSE | 2022-23 | 516083 | 234 | 0.04 % |
| BSE | 2021-22 | 140251 | 22 | 0.02 % |
| NSE | 2021-22 | 635384 | 250 | 0.03 % |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit SBI Securities Complaints at BSE, NSE and MCX for detail report.
For online trading with SBICAP, an investor has to open an account. Following are the ways to open an account with SBICAP-
No. SBI Securities doesn't provide customer service through Chat service online.
Yes. SBI Securities offer customer service through local branch offices, local partners and franchises.
Yes, SBI Securities publish daily market research reports.
Yes. SBI Securities provide free tips for stock and commodity trading to its customers.
Steps for closing SBI securities account:
Points to note:
Zerodha (Flat Rs 20 Per Trade)
Information on this page was last updated on Wednesday, June 12, 2024
Zerodha (Flat Rs 20 Per Trade)
Special Offer - 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.
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