SBI Trading Account Tutorial SBi Smart Demat (A-Z) fund lien /unlien order entry sell buy etc

How to trade buy / sell on SBI trading account/ sbiSmart website?

After login to the sbismart website or app,
Click on trade button on main navigation menu or a floating windows named ordered entry.
Once your reached the Order entry,
Select exchange NSE for large volume
and the enter the company name it will automatically suggested
there you will see stock price floating rate per seconds
Select buy Product type (delivery /intraday/ t+5) select delivery for just buying. (know more on stock market terms)
then select order type (limit /market) buying at current market price or specified price.
when you select limit it will aks price (at which price you want to buy) at market price it auto selects current market price.
Enter qty for of share be sure calculate share price and your available amount.
After entering all the details you get confirm window.
You may see the progress success/failure in order book, trading .
you get the message once it sold /or bought.

Order entry

Buy:

Sell:

select equity or debt

Select stock exchange mostly nse (large volume of operations bthan bse)

How to Add Funds to SBI demat & Trading Account (lien / unlien)?

After login to the SBI Smart website, you can see Limits and also manage.

mange. click on manage to (transfer funds from /to saving account )View options like lien and unlien.

If you select lien, then enter the desired amount, which will be added to your trading account for the purpose buying stocks.

lein amount also earns saving banks interest, if you not utilized to buy stocks.

Lien saving account to trading account transfer

unlien means removing saving account from trading account.

Withdrawal withdrawal to saving account

SBI Trading Account Terms

Limits (100000 ) you can’t withdraw it because its has collateral. you can withdraw only net lien amount.

lien amount: transferred from savings.
collateral amount:(leverage) by broker based on your holdings 50% of holdings also called margin. you can’t withdraw it.

net lien amount: transferred from savings but not used. it gets saving account interest. you can withdraw it.

ledger balance: due to sbicap or you. if due to its automatically credits to saving account.

If there is clear balance in your ledger then it will automatically transferred to your account

Withdraw money from trading account to saving account SBI

click on mange besides the Limits button.
then Select withdraw
enter the amount available within limits
you get request reference Id (amount will takes some working days.

How to unlien from sbi smart trading account?

unlike withdrawal unlien option gives instant transfer to SBI savings account.

How To view your holdings /stocks in SBI smart trading Account?.

Sbi smart bottom>> back office >> view demar holdings >> select nsdl/cdsl.

View holdings

Transactions

Billings

https://app.sbismart.com/weblinks/FUNDFAQ.htm

Trading Account Vs demat Account

Note: Demat Means (Dematerialization = No paper stocks ) they are easy to misplace.

CDSL or NSDL provides demat Account this also have some charges AMC = Annual maintenance Charges know more here (Stock trading Charges).

So all banks offers demat & trading accounts. some banks offer 3 in one Savings,demat & trading accounts.

SBI trading Account charges

Brokerage-charges-demat-and-trading-account-in-SBI

Account opening charge: Rs 850
Annual Maintenance Charge (AMC): Rs 500

Annual maintenance Charges

Demat account: 400/year

Trading Account: 500 / year or 3 years 2499 to 5 years 24999

Transaction based Commission / Brokerage charges

Equity: 0.5% or minimum Rs 10

Intraday 0.1%

Commodity options

Equity future options

equity options

some traders intraday ended up paying higher brokerage charges than profits.

(separate topic which trading account best for you by trading account comparison)

SBI Trading account types 3.1 vs 4.1 vs 5.1 vs 6.1vs 7.1

sbi demat and trading account types

https://app.sbismart.com/sales/images/SubscriptionSchemeSmartvalueforSBI.pdf

discount brokers vs full service broker (ft zerodha vs SBI trading account)

Discount brokers not deducts based on percentage of transaction but with a fixed price.

Ex: SBI/ICICI/ HDFC brokerage charges 0.5% on both sell & buy.

purchased worth of 10K stocks commission 0.5% = 50 but discount broker as zerodha charges 10 regardless of price of transaction.

note: intraday selling there is 0.001% charge by full service brokers and o% by discount brokers.

full service brokers trade for you upon your request. but discount you have to. more details will be here soon.

features	zerodha	sbismart
trading account opening charges	200	800
Demat account annual charges	300	350-400
demat account opening charges	0	0
trading account annual maintenance charges	0	0
Minimum Brokerage Charges	0.03% in Intraday and F&O	₹0.05 for Cash, ₹0.01 Future
Equity Delivery Brokerage	free	0.50%
Equity Intraday Brokerage	₹20 per executed order or .03% whichever is lower	0.05%

cmp sbi caps charges

cmp means cash management services

STATE BANK OF INDIA provides cash management services to Corporate Clients under the brand name SBI FAST

Narration TO TRANSFER CMP SBI CAPS

Debit 590.00

Ref/Cheque No. CMP00000000264900539AOC1219083

SBI – By funds received for DP & Other Charges

CDSL
– CDSL AMC Demat bill for the period July-2020 to June-2021
590.0

Rs. 300 + 18% GST – For individuals, HUFs, partnership firms, and LLPs with zerodha

Rs. 400/- Rs 350/- for customers receiving statements by e-mail SBI AMC charges

400 +18% = 590

Life time free AMC Demat Offering brokers (Finvasia, iTradeOnline etc)

How to close SBI Trading & Demat Account?

Download the SBI Demat & Trading Account Closure Request Form

Visit any of the SBI branches near you.

online cdsl close account no online option as of now.