[Resolved]  State Bank of India — free demat a/c

SBI comits to open free demat a/c but but accual demate opening charge is almost 5400/- rs.
you have to open mahabachat account of rs. 5000/- + demat maintaince charge : 400 in advance
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Aug 14, 2020
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I would disagree...In fact SBI has the cheapest Demat account available...ICICI charges Rs.750/- as AMC upfront per year for Demat account only whereas SBI charges Rs 350/- AMC per year for Demat & Online Trading account. The account that you are talking about is a super bachat scheme (which is not mandatory) wherein you provide advance brokerage of Rs. 5000 and you get massive discounts on your brokerage charges. This scheme is for regular traders. Beleive me, the demat and online trading facility is the best in the market. I am a regular user of the same.
Hi Sushant Sharma

I read your comment, thanks for information.
Actually I am interested in share market, I need to know few technical terms, could you please guide me?

1. what is Delivery brokerages?
2. What is Intraday brokerages?

Delivery brokerages and Intraday brokerages, both are charged by Bank, of course service charge, but the question is, do they charge on my Income gained by share? or they charge on the money I invested in the share market?
OR do they charge when I buy or sell shares? Please guide me.

thanks
rahul
i have applied on line for Demat A/c and got Demat Webway Ticket No. SBI-DMT-361221.
No any agent of your bank has contact with me for the purpose yet. I have made several call to your agent Mr. Samir, who is working my nearest branch SBI, BHU, Varanasi but always he egnore my call and pretended me for tomorrow. In case what i do, may i go to other non-sbi bank or what.
you must go to other branch.
Respected Sir/Madam

i am pawan anand

i want to know about detail of how to buy or sell share from demat or trading a/c also tell me some useful tips in which firm i have to invest and waht is the minimum charges for open all demat & trading a/c and what is min. amt to invest in share i.e to buy share

i hope you u will send me message of detail by mail as soon as

best regards
pawan anand
i have applied on line for Demat A/c and got Demat Webway Ticket.But
No any agent of your bank has contact with me for the purpose yet what will I do
i want to know shere market
Respected sir/madam

I am Deepak Mehar student of BE-3 yr

I want launch my website and for this I need a demat a/c so what
shuld I do . Please send me detail (Required document or minimum charge).
I have applied for online demat account of sbi. They have given me one ticket number saying that a agent will get back to you. But no one has yet turned up to me.

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