#1
2nd February 2018, 08:40 AM
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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 ?
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#2
2nd February 2018, 08:40 AM
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Re: State Bank Of India Share Trading
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 % |
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