State Bank Of India Share Trading

Hi sir, I Wants to get the Information About the Equity Trading of the State Bank of India will you please provide It ?

[pawan]

State Bank of India is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.

About Equity Trading
Invest online in Equities, Derivatives, IPOs, and Mutual Funds with the comfort of your home or office through our 4-in-1 account consisting of:
NRE Savings Bank (SB) account
NRE Portfolio Investment Scheme (PIS) account
Demat Account
Trading Account

Features of PIS Account:
Repatriability Fully repatriable

Permissible Credits
Inward remittances in NRE or FCNR (B) accounts
Transfer from other NRE or FCNR (B) accounts
Sale proceeds (after payment of applicable taxes) of shares and convertible debentures which were acquired on repatriation basis under PIS and sold on stock exchange through registered broker
Dividend or income earned on investments under PIS

Permissible Debits
Outward remittances of dividend or income earned
Amounts paid on account of purchase of shares and convertible debentures on repatriation basis on stock exchanges through registered broker under PIS
Any charges on account of sale/ purchase of shares or convertible debentures under PIS

Charge Structure

Trading Account opening (to be charged by SBI CAPSEC one time) Rs. 500/-
Demat Account opening (One time and to be charged by SBI CAPSEC) Rs. 2500/-
Demat Annual Maintenance Charges (to be charged by SBI CAPSEC at yearly periodicity) Rs. 750/-
Transaction brokerage (on transaction value per scrip and to be charged by SBI CAPSEC) 0.50 %