SBI Securities Charges 2026: Brokerage Plans & F&O (Review)
SBI Securities demat account review: opening fee ₹850, AMC ₹750/year for individual demat (₹500/year for e-statement), and brokerage charges updated May 2026. Informational only—not investment advice.
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SBI Securities charges brokerage by plan. On Plan 499, delivery is 0.35%, cash intraday is ₹20 per order, futures are 0.05% and options are ₹50 per lot. The One India One Plan variants (3K, 5K and 10K) lower delivery to 0.20% or 0.10%, with ₹20 per order on intraday, futures and options.
By Ajay Bohra · About the author
Last updated: October 2026
This page lists the SBI Securities charges Indian investors pay: brokerage by segment, taxes and exchange fees, account and demat charges, and three worked examples that add up the total cost of a trade. Rates were checked against SBI Securities’s published charges in October 2026. Charges change, so confirm on SBI Securities before you trade. This is information, not investment advice.
SBI Securities brokerage charges by segment
| Segment | Brokerage per executed order |
|---|---|
| Plan 499 | Delivery 0.35%; e-margin 0.50%; intraday ₹20 per order; futures 0.05%; options ₹50 per lot; ETF ₹20 per order; currency ₹20 per lot |
| One India One Plan 3K | Delivery 0.20%; e-margin 0.50%; intraday, futures and options ₹20 per order; ETF free; currency ₹20 per order |
| One India One Plan 5K | Delivery 0.20%; e-margin 0.45%; intraday, futures and options ₹20 per order; ETF free; currency ₹20 per order |
| One India One Plan 10K | Delivery 0.10%; e-margin 0.40%; intraday, futures and options ₹20 per order; ETF free; currency ₹20 per order |
Total brokerage never exceeds 2.5% of the traded value. Cash intraday positions not squared off by 3 PM are auto-squared off by SBI Securities. The worked examples below use Plan 499 (delivery 0.35%, intraday ₹20 per order, options ₹50 per lot, one lot assumed).
Taxes and exchange charges on SBI Securities trades
These are charged on top of brokerage by the government and the exchanges. They are the same at every broker, apart from small differences in how brokers round and bill them.
| Charge | Equity delivery | Equity intraday | Futures | Options |
|---|---|---|---|---|
| STT | 0.1% on buy and sell | 0.025% on sell | 0.05% on sell | 0.15% on sell premium |
| Exchange transaction charge (NSE) | 0.00307% | 0.00307% | 0.00183% | 0.03553% of premium |
| Stamp duty (buy side) | 0.015% | 0.003% | 0.002% | 0.003% |
| SEBI turnover fee | ₹10 per crore | ₹10 per crore | ₹10 per crore | ₹10 per crore |
| GST | 18% on brokerage, exchange and SEBI charges | 18% | 18% | 18% |
SBI Securities account, demat and other charges
| Charge | Amount |
|---|---|
| One India One Plan delivery benefit | Free delivery trades (excluding e-margin) up to ₹15 lakh on the 3K plan, ₹30 lakh on the 5K plan and ₹75 lakh on the 10K plan, for life |
| DP AMC on Plan 499 | Free in the first year, then the standard DP AMC |
| DP AMC on One India One Plan 3K | Free in the first year, ₹500 a year from the second year |
| DP AMC on One India One Plan 5K and 10K | Free in the first year, 50% discount from the second year |
| E-margin interest | None for the first 23 trading days |
| Maximum brokerage | 2.5% of the total traded value |
SBI Securities charges: three worked examples
Each example adds up every charge on a round trip (buy and sell). The delivery and intraday examples buy and sell ₹1,00,000 of shares once each. The options example buys premium worth ₹50,000 and sells it for ₹60,000. Amounts are rounded to the nearest paisa and leave out tiny exchange investor-protection levies.
| Charge | Delivery (₹1,00,000 buy and sell) | Intraday (₹1,00,000 buy and sell) | Options (₹50,000 buy, ₹60,000 sell) |
|---|---|---|---|
| Brokerage | ₹700.00 | ₹40.00 | ₹100.00 |
| STT | ₹200.00 | ₹25.00 | ₹90.00 |
| Exchange transaction charges | ₹6.14 | ₹6.14 | ₹39.08 |
| SEBI turnover fee | ₹0.20 | ₹0.20 | ₹0.11 |
| Stamp duty | ₹15.00 | ₹3.00 | ₹1.50 |
| GST | ₹127.14 | ₹8.34 | ₹25.05 |
| Total charges | ₹1,048.48 | ₹82.68 | ₹255.75 |
| Total as % of turnover | 1.048% | 0.083% | 0.232% |
Two things stand out. On Plan 499, delivery brokerage of 0.35% costs ₹700 on a ₹1,00,000 buy and sell, so most delivery investors compare the One India One Plans. DP charges and AMC after year one are not included in these examples because they are not itemised in the plans document. Profit or loss on the trade itself is not included, and neither is income tax on gains.
How SBI Securities charges compare
Brokerage, AMC and DP charges are where brokers differ. Put your own order sizes into the brokerage calculator or see the broker comparisons hub.
Who should read this SBI Securities review
Customers who want an SBI-linked 3-in-1 account usually start here. Compare the plans against how much you trade before choosing. This is not personalised investment advice.
SBI Securities charges: FAQs
What are SBI Securities brokerage charges?
They depend on your plan. On Plan 499, delivery is 0.35%, cash intraday is ₹20 per order, futures are 0.05% and options are ₹50 per lot. One India One Plans lower delivery to 0.20% or 0.10%.
Is SBI Securities delivery free?
Not on Plan 499. The One India One Plans include free delivery trades up to a value of ₹15 lakh (3K), ₹30 lakh (5K) or ₹75 lakh (10K), excluding e-margin trades.
What is the SBI Securities demat AMC?
It depends on the plan. Plan 499 is free in the first year and then standard. One India One Plan 3K is free in the first year and ₹500 a year after. The 5K and 10K plans are free in the first year with a 50% discount after.
Is there a cap on SBI Securities brokerage?
Yes. Total brokerage does not exceed 2.5% of the total traded value.
What happens to unsquared intraday positions at SBI Securities?
Cash intraday positions not squared off by 3 PM are auto-squared off by the SBI Securities risk team on a best-effort basis.
How much STT do I pay on SBI Securities?
STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options.
Sources
SBI Securities’s published charges: SBI Securities brokerage plans document. STT, stamp duty, SEBI turnover fee and exchange transaction charges follow the rates set by the government, SEBI and the exchanges.
Brokerage, AMC, and statutory charges change. This page is for information and education only, not investment advice.
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