SBI Securities Brokerage 2026: Charges, Fees & Trading Costs
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SBI Securities Brokerage is an important factor for investors and traders when evaluating the overall cost of using a trading account. Brokerage can vary according to the trading segment, transaction type, account plan, and applicable pricing structure. Customers should review the latest SBI Securities brokerage schedule before placing trades because charges and plans may change.
For equity trading, the applicable brokerage can depend on whether the transaction is classified as delivery or intraday. Investors should check the current pricing applicable to their account before placing an order. Brokerage is only one component of the total transaction cost, as investors may also have to pay statutory taxes, exchange charges, stamp duty, and other applicable fees.
SBI Securities F&O brokerage can differ from equity brokerage because futures and options are separate trading segments. Traders should review the applicable charges for futures and options and consider the complete transaction cost before taking a position. Options transactions can also involve additional statutory and exchange-related costs.
The total SBI Securities trading cost depends on factors such as transaction value, frequency of trading, market segment, and applicable charges. Frequent traders may experience a larger cumulative impact from brokerage and transaction costs, while occasional investors may place greater importance on account and Demat-related charges.
Demat charges are separate from brokerage. Customers may incur account maintenance charges, depository participant charges, or transaction-related fees depending on the service used and the applicable pricing structure. Investors should consider these costs when calculating the overall expense of maintaining and using a Trading and Demat Account.
Taxes and regulatory charges can also add to the final transaction cost. Securities Transaction Tax, Goods and Services Tax, stamp duty, exchange transaction charges, and other applicable levies may apply depending on the transaction. The actual amount can vary according to the type and value of the trade and prevailing regulations.
SBI Securities may provide different services and investment products with separate pricing structures. IPOs, mutual funds, ETFs, MTF, and other products can have their own applicable costs and conditions. Investors should therefore check the charges relevant to the specific service rather than assuming that one brokerage rate applies to every transaction.
Investors comparing SBI Securities with other brokers should look at the complete cost structure rather than brokerage alone. A brokerage rate may appear competitive while other transaction or account-related costs can affect the overall expense. Reviewing all applicable charges can help investors make a more informed comparison based on their own trading pattern.
Overall, SBI Securities Brokerage represents only one part of the cost of trading and investing through the platform. Investors should consider brokerage, taxes, exchange charges, Demat fees, and other applicable costs together. The latest official pricing information should always be checked before opening an account or placing a transaction.
SBI Securities account opening & AMC charges
| Transaction | Fee |
|---|---|
| Trading account opening | ₹0 (Free) |
| Trading account AMC | ₹0 (Free) |
| Demat account opening | ₹0 (Free) |
| Demat account AMC | ₹0 (Free for the first year), thereafter as per applicable tariff plan |
SBI Securities brokerage by segment
| Segment | Charge |
|---|---|
| Equity Delivery | 0.50% |
| Equity Intraday | 0.05% |
| Equity Futures | 0.05% |
| Equity Options | ₹50 per executed order |
| Currency F&O | 0.05% |
| Commodity F&O | 0.05% |
| Call & Trade | ₹50 per executed order |
| DP charges (per ISIN, sell) | ₹15.34 per debit transaction |
SBI Securities demat account charges
The demat account transactions are charged separately from the trading commission.
| # | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening | ₹0 (Free) |
| 2 | Transaction Charges (Sell) | ₹15.34 per debit transaction |
| 3 | Annual Maintenance Charges (AMC) | ₹0 (First Year), thereafter as per tariff |
| 4 | Pledge Creation / Invocation | ₹25 + GST per request |
| 5 | Remat | ₹25 per certificate + applicable charges |
| 6 | Failed Transactions | Nil |
SBI Securities transaction charges (exchange turnover charge)
A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%) |
| Equity Intraday | NSE ₹297 per Cr (0.00297%) | BSE ₹297 per Cr (0.00297%) |
| Equity Futures | NSE ₹173 per Cr (0.00173%) | BSE ₹173 per Cr (0.00173%) |
| Equity Options | NSE ₹3,503 per Cr (0.03503%) | BSE ₹3,250 per Cr (0.0325%) |
| Currency Futures | NSE ₹35 per Cr (0.00035%) | BSE ₹35 per Cr (0.00035%) |
| Currency Options | NSE ₹3,100 per Cr (0.0311%) | BSE ₹1,000 per Cr (0.01%) |
| Commodity Futures | MCX ₹260 per Cr (0.00260%) |
| Commodity Options | MCX ₹5,000 per Cr (0.05%) |
SBI Securities trading taxes & regulatory charges
Government taxes and fees in addition to the brokerage — shown in the contract note. Set by the government / regulator and identical across every Indian broker.
| Charge | Rate |
|---|---|
| Securities Transaction Tax (STT) | Equity Delivery 0.1% (buy & sell) · Intraday 0.025% (sell) · Equity Futures 0.02% (sell) · Equity Options 0.10% (sell, on premium) · Commodity Futures 0.01% (sell, non-agri) · Commodity Options 0.05% (sell) · Currency F&O: No STT |
| Exchange Transaction Charges | Refer to the transaction charges table above |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| SEBI Charges | 0.0001% (₹10 per Crore) of the turnover |
| Stamp Duty (buy side only) | Delivery 0.015% · Intraday 0.003% · Eq Futures 0.002% · Eq Options 0.003% · Currency F&O 0.0001% · Commodity Futures 0.002% · Commodity Options 0.003% |