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  #1  
6th February 2017, 02:25 PM
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SBI Service Charges

Can you provide me the Revised Depository Service Charges for resident’s retail customers and Corporate as offered by SBI (State Ban of India)?

Last edited by Rajkumar Agarwal; 6th February 2017 at 04:05 PM.
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  #2  
6th February 2017, 04:05 PM
Super Moderator
 
Join Date: Mar 2013
Re: SBI Service Charges

The Revised Depository Service Charges for resident’s retail customers and Corporate as offered by SBI (State Ban of India) are as follows:

Charge Head Standard Charges

A/c Opening Nil

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

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

Buy - Market and Off-Market
Sell - Market and Off-Market
(% of transaction value of each ISIN)
For trade done on 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/-)

Rejection/fails Rs. 10 /-
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
Dematerialisation

For each request form Rs. 35/-

Extra for each certificate Rs. 2/-

Rematerialisation (For each
request form) Rs. 25/-

Closure of Account Nil
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/-)

Additional Account Statements
By Courier Rs. 30/-
By e-mail Nil


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