SERVICE CHARGES

Revised Depository Service Charges for residents retail customers and Corporates

Sl.No.
CHARGE HEAD
STANDARD CHARGES

1.

A/c Opening

Nil

2.

Annual Maintenance Charges

Rs. 400/- (Rs 350/- for customers receiving statements by e-mail )

3.

Agreement Stamp Paper

Rs. 100/- (for Agreement between DP and BO) or Rs. 200/- (if POA for eZ-instructions is also signed)

4.

Buy - Market and Off-Market

 

5.

Sell - Market and Off-Market (% of transaction value of each ISIN)

 

For trade done on
www.sbicapsec.com

Nil

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/-)

6.

Rejection/fails

Rs. 10 /-

7.

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

8.

Dematerialisation

 

For each request form

Rs. 35/-

Extra for each certificate

Rs. 2/-

9.

Rematerialisation (For each request form)

Rs. 25/-

10.

Closure of Account

Nil

11.

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/-)

12.

Additional Account Statements

 

By Courier

Rs. 30/-

By e-mail

Nil

13.

Other Charges

 

  • NSDL charges recoverable extra at actuals as applicable from time to time

  • Service tax required to be paid on the entire fee charged to the customer

  • Mailing and courier charges for handling shares in connection with dematerialization and for mailing physical statements to clients are to be recovered on actual basis

  • There will be a charge of Rs. 100/- for unsuccessful attempt to recover payment through direct debit or ECS. The depository services are liable for discontinuation if SBI is unable to recover charges from the customer for any reason whatsoever. In such cases there will be a charge of Rs. 250/- for resumption of services and the services will be resumed after a minimum of three working days from the date of receipt of request at Centralised Processing Cell, Mumbai

  • If the Demat Account is closed during the year, pro-rata refund of Annual Service Charge will be made after deduction of the service charge for each completed quarter and part thereof.

 

Recovery of demat service charges: Customers to provide a debit authorization to SBI for recovery of charges