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SBICAP Securities Account Opening 2024

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SBICAP Securities Ltd Account Opening
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SBICAP Securities Ltd (SSL) is the broking arm of SBI Group and a wholly-owned subsidiary of SBI Capital Markets Ltd. SBICAP Sec is a full-service broker and a registered depository participant with CDSL and NSDL to offer demat account opening services. Likewise, other full-service brokers such as ICICI Direct, HDFC Securities, and Axis Direct, SBICAP Securities, in association with SBI Bank, offer a 3-in-1 account opening facility integrating SBICAP Securities Demat Account, SBICAP Securities Trading Account, and SBI Bank Account. Indian residents as well as NRIs (except the USA, UK, Japan, and Canada-based NRIs) can open a 3-in-1 account with SBICAP Securities. Check here the comprehensive information about SBICAP Securities Account Opening process, forms, documents requirement, account closure, and other key aspects.

SBICAP Securities 3-in-1 account

As the name implies, a 3-in-1 account is a combination of 3 separate accounts integrating demat, trading, and bank account. Each of them is explained here as follows;

  1. SBICAP Securities Demat Account: The broker is a registered DP with both the depository houses, CDSL and NSDL. A person needs a demat account for securities dematerialization and holding & transfer of securities i.e. shares in electronic format.
  2. SBICAP Securities Trading Account: A trading account is required to buy or sell various securities in the market. Whenever any investors want to place buy or sell orders, it can be placed only through the trading account. In a 3-in-1 account, a trading account is linked to both demat and bank account.
  3. SBI Bank Account: The bank account can be either a savings account or a current account with SBI Bank. As your bank account is linked to the trading account & demat account that provides instant fund transfer facility.

SBICAP Securities Account Opening Process

There are multiple ways to open demat and trading account with SBICAP Securities described below:

Method 1: Register yourself online with SBICAP Securities

  • Visit the SBICAP Securities web portal.
  • In the right-hand side of the home page, click on “Open an Account”.
  • Enter details i.e. Name, e-mail, mobile no., Pin Code, City etc.
  • Click on “Submit”.
  • Afterward, the local SBI relationship manager will call you and familiarize you with the complete account opening process.

Method 2: Walk-in SBICAP Securities Branch

The broker has more than 115 branches in different states across the country. Offline demat and trading account can be opened by visiting the SBICAP Securities branch, filling physical application forms, and submitting it to the broker. The process is a quite effective method because documentation formalities don’t take more than a few hours and you can also resolve your doubts regarding brokerage charges, AMCs, and others. However, at the same time, it may be cumbersome as well, if the branch is far away from you.

Method 3: Give a Missed call

The broking house has a centralized dealing desk that offers services to clients over the phone. In order to open SBI Securities demat and trading account, you can simply give a missed call at 092667 92667 and then the customer service representative will call you and explain the account opening process thoroughly.

SBICAP Securities Account Opening Documents

To open a demat and trading account with SBICAP Securities, you have to provide the following documents to the broker;

  • One passport size photograph of the applicant
  • Copy of PAN Card
  • Copy of Aadhar card
  • Canceled cheque

SBICAP Securities Account Opening Forms

There are 4 ways to get account opening forms from the broker, listed below:

  • Give a miss call at 092667 92667
  • Online registration with the broker.
  • Write at [email protected] along with your contact details.
  • Walk-in any of the branches of the broker

SBICAP Securities Account Opening Charges

SBICAP Securities Demat Account Opening charge is zero means one can open a free demat account with SBICAP Securities whereas the demat AMC of Rs. 350 is levied. However, on the other side, to open a trading account with SBICAP Securities, you’ve to pay an account opening fee of Rs. 850 but trading account AMC charge is nil.

SBICAP Securities Account Opening Status

You can check the account opening status online following these steps;

  • Go to the SBISMART website.
  • Click on the “Customer Service” tab.
  • Here, you will find the “Account Opening Status” just click on it.
  • Enter details including Application number and PAN number to know the status.
  • In case, your application is on hold then you can either call the customer care team on 022-6854-5555 or drop a mail at [email protected] to know the reasons.
Check Account Opening Status here

SBICAP Securities Account Login

Once your SBICAP Securities Trading Account is opened, you can log in the account using these steps;

  • Go to the SBISMART trading website.
  • Click on the “Trade Login” tab.
  • Enter information such as client code, password, and PAN number.
  • Click on “Sign in”.

SBICAP Securities Account Modification

If you want to modify details such as contact details or address, then you have to fill the relevant account modification form and submit it to the broker.

Steps to download SBI Contact and Address Modification Form

  • Go to the SBISmart website.
  • Click on Downloads.
  • Under the Forms, you will find Contact Details and Address Modification Form – Online.
  • Download the form, take a printout, fill it along with your signature and send it to the broker.
Download Contact and Address Modification Form

SBICAP Securities Account Closure

The broker doesn’t offer an online/telephonic/email/chat facility for account closure that means the account closing process is completely offline. Prior to account closure, it is necessary to clear all pending dues and transfer all securities and holding to either other demat account or sell it.

Steps to close an account with SBICAP Securities

  • Go to the SBI Securities website.
  • Download the Account Closure Form.
  • Fill and sign the document and send it to the broker.

You can connect with the customer service team on e-mail or phone to know the status of your account closure request.

SBICAP Securities Account Closure Charges

There are no charges levied by the broker to close an account with SBICAP Securities.

SBICAP Securities Account Closure Form

Steps to get Account Closure Form

  • Go to the SBISmart website.
  • Click on Downloads.
  • Under the Forms, you will find Account Closure Request - DP and Trading, click on its download icon.
Download Demat and Trading Account Closure Form

Alternatively, you can also visit any of the SBICAP Securities branches and request for the account closure form.

Is SBICAP Securities Good and Reliable Broker?

SBICAP Securities, a part of pioneering SBI Bank is one of the best full-service providers in India. Due to its widespread branch network, 3-in-1 account offering, free trading platforms, free research & advisory, strong customer support etc. enable the broker to establish a strong market position in the Indian broking industry.

New Account Opening - How to join SBICAP Securities?

To open SBICAP Securities Trading Account, you can either visit any branch or register yourself online or drop a missed call at 092667 92667.

Request call back from Zerodha

New Account Opening offers with SBICAP Securities

There is no offer available to open a new account with SBICAP Securities Ltd.

SBICAP Securities Promo Code

There is no promo code available to open demat and trading account with SBICAP Securities.

SBICAP Securities Referral Code

The broker doesn't offer referral services to clients.

    In this section we have covered most frequest scenario you have about new account opening. Does SBICAP Securities have any promo code? Does SBICAP Securities have any special Offers? What are the refferal benefit with SBICAP Securities if I refer my friends or family? How can I start my trade with SBICAP Securities? Is SBICAP Securities good and reliable?


The broker offers offline account opening facility wherein you can open an account with SBICAP Securities through different ways that are provided below;

1st method: You can register yourself with the SBICAP Securities through filing online registration form that requires some sort of information such as name, e-mail, mobile no., city, pin code etc.

2nd method: As the broker operates through over 115 branches all over the country, so you can visit any of the nearest SBI Branch anytime and complete all the documentation requirements to open account.

3rd method: Just give a missed call at 092667 92667 thereafter, you’ll get a call from customer service representative who will explain the account opening process thoroughly.


To change your contact number or address, you’re required to fill the Contact and Address Modification Form, sign it and send the filled form to any of the nearest branch. You can download the document modification form from the broker’s website.

Download Contact & Address Modification Form


The broker provides all the documents and forms on its website. Thus, you can access the broker’s website and under the download option, you will find the account closure form. Just take a printout, fill the document and send with the required documents to the nearest branch.

Click here to download Demat and Trading Account Closure Form


Last Updated on 2023-09-13