We have launched depository participant services with National Securities Depository Ltd., (NSDL). You can now hold your securities as electronic book entries and transfer securities without actually handling physical scripts. Hand in your share certificates with a Demat Request form. When you want to sell or purchase securities, you only need to give delivery/instructions to effect a settlement.
Why should I hold securities in dematerialized form?
Because, in the demat form, you do not run the risk of theft, loss, misplacement, bad deliveries, or damage to scripts. No stamp duties on transfers of securities.
No bad deliveries
The settlement cycle is faster. You do not lose out on market opportunities as the securities are available in your account immediately after pay out(T+2 settlement). There are no cumbersome transfer deeds to be signed and bonus and rights shares are credited by issuers directly into your demat account, cash components to your SB/CA accounts maintained at your branch directly through ECS, eliminating delays.
When you purchase new issues of securities in the primary market, they are directly credited to your account on allotment. You enjoy preferential treatment to obtain loans against demat shares. SBH is registered with NSDL as a Depository Participant, which permits us to perform the following activities:
Our Depository Participant ID NO. IN 301397 situated at Gunfoundry, Hyderabad.
- Demat and Remat of securities such as equities, shares and debentures
- Market transfer purchases and sales
- Off-Market transfer purchase and sales
- Noting pledges SCHEDULE OF CHARGES for individuals and corporate houses
| Agreement Charges/Stamp Duty | : | `100/- |
| Account Opening | : | None |
| Account Closing | : | None |
| Annual Maintenance Charges | : | `200/- p.a. |
| Dematerialisation | : | `100/- p.a. for SBH staff and pensioners |
| Rematerialisation | : | `2/- per certificate Minimum `10/- + Courier charges `25/- per request |
| Transaction Fee | : | `25/- per certificate or 0.20% of the market value, whichever is higher |
| Market Purchase Credit | : | 0.04% of value, minimum of `20/- for retail customer `40/- for others per trade For CP- Nil |
| Market Sale | : | 0.04% of value, minimum `20/- for retail customer `40/- for others per trade 0.02% of face value for CP, maximum of `500/- per trade |
| Off-Market Purchase | : | 0.04% of value, minimum of `20/- for retail customers `40/- for others per trade |
| Off-Market Sale | : | 0.04% of value, minimum of `20/- for retail customers `40/- for others per trade |
| Inter Depository Transactions | : | `20/- per transaction |
| Pledge: Creation / Confirmation / Closure |
: | `100/- per request and `100/- per request or invocation |
| Custody Charges Equity | : | None for retail customers 0.02%, minimum of `25/- per quarter for companies that have paid one time charges For CP- Nil |
| Custody Charges Government Securities | : | 0.15% of the value of the holdings as on the last Friday of the month |
RETAIL TRADING IN GOVERNMENT SECURITIES (G-SEC):
Retail Trading in Government Securities( G-SEC) for our customer/retail clients is being introduced.
For further details, please contact our Depository Participant Services Department, Gunfoundry, Hyderabad. Phone: 23387593, 23387378
CLICK HERE for Account Opening Form 
CLICK HERE for Check List for Opening of Demat Account
