Banking, wealth, forex & trade services

SBI Demat and Online Trading Service

SBI's demat service gateway: new demat and online-trading accounts are opened with SBI Securities, while legacy demat accounts held in SBI's own books continue to receive SBI servicing and Power Demat functions.

Current provider splitNew demat and online-trading accounts are held with SBI Cap Securities; existing SBI-book demat accounts remain serviced by SBI Current fee evidenceNo current SBI Securities tariff is stated on the reviewed SBI page; historical SBI/BSDA amounts on the page are not presented here as current new-account pricing Service channelsYONO referral for new accounts; Internet Banking, email statements, alerts and demat-enabled branches for applicable legacy services

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✓ Manually checked 12 Aug 2026 · active

Offered byState Bank of India

New account opening through YONO with redirection to SBI Securities; legacy SBI accounts through demat-enabled branches and Internet Banking

Key facts

What the official sources publish

Every value below belongs to this exact product. Select a source marker to check its context.

Current provider splitNew demat and online-trading accounts are held with SBI Cap Securities; existing SBI-book demat accounts remain serviced by SBIEffective 1 Apr 2011

Source 1

Core demat functionsElectronic custody, dematerialisation, rematerialisation, market and off-market transfers, pledges, IPO credits, corporate actions and securities lending

Source 2

Legacy SBI depository registrationsSBI states it is a depository participant with both NSDL and CDSL for its existing demat activity

Source 3

Service channelsYONO referral for new accounts; Internet Banking, email statements, alerts and demat-enabled branches for applicable legacy services

Source 4

Published YONO opening flowChoose Open Demat Account in YONO, confirm prefilled SBI data, continue to SBI Securities, add investment and plan details, and complete Aadhaar OTP KYC

Source 5

Current fee evidenceNo current SBI Securities tariff is stated on the reviewed SBI page; historical SBI/BSDA amounts on the page are not presented here as current new-account pricing

Source 6

Benefits and features

YONO-assisted new-account opening
Electronic securities custody and transfers
Pledge and corporate-action support
Online holdings, transaction and billing views
Email statements and transaction alerts

Eligibility

SBI Securities is the provider for new demat and trading accounts; SBI maintains existing accounts in its legacy books.
Power Demat is consolidated here as the legacy SBI feature set rather than duplicated as a new account.
Current provider fees and eligibility must be confirmed before application.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

PAN and current KYC information
Aadhaar-linked mobile access for the published OTP KYC route
SBI relationship details used for YONO prefill
Additional SBI Securities investment-profile and plan information

Field-level evidence

Where each fact came from

Short context only; open the official page or document for the complete terms.

Current provider split

high confidence

Provider identity is disclosed so the directory does not imply that a new demat account is opened in SBI's own books.

Source: SBI Demat Services
Page / section: Overview
Accessed: 12 Aug 2026

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Core demat functions

high confidence

Individual functions remain subject to depository, market and provider rules.

Source: SBI Demat Services
Page / section: Features and benefits
Accessed: 12 Aug 2026

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Legacy SBI depository registrations

high confidence

This fact concerns SBI's continuing legacy-book servicing, not the contractual provider for a new SBI Securities account.

Source: SBI Demat Services
Page / section: Overview
Accessed: 12 Aug 2026

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Service channels

high confidence

Channel availability depends on whether the account is a new SBI Securities account or a legacy SBI account.

Source: SBI Demat Services
Page / section: Benefits and new account opening
Accessed: 12 Aug 2026

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Published YONO opening flow

high confidence

SBI says activation occurs within 24 hours, but this is a published target rather than a guarantee.

Source: SBI Demat Services
Page / section: New Account Opening — Demat and Online Trading
Accessed: 12 Aug 2026

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Current fee evidence

high confidence

Confirm all current opening, maintenance and transaction fees with SBI Securities before applying.

Source: SBI Demat Services
Page / section: Historical schedule and BSDA announcement
Accessed: 12 Aug 2026

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