Terms and Conditions

Demat & Trading Preferences

• I understand and agree that the nature of information I have provided for the purpose of Online Account Opening with / through SBICAP Securities Limited (SSL) (hereinafter referred as “the Company”) which may be used to query my details in KRA databases as well as to fetch my information from KRA databases.
• I am aware and agree that this Regular Demat and Trading account opened is for sole holders only.
• I am aware and agree to open Regular Demat and Trading account.
• I am aware and declare that I am an Ordinary Resident Individual in India.
• I hereby declare that I am an Indian national.
• I am aware and agree that my Trading and Demat account will be opened as per the name available in the Income tax database.
• I hereby consent the company to provide its communication messages to me through the medium of short messages services and / or telephone calls / or Whatsapp on my registered phone number(s) with the Company.
• I confirm my consent to share my email id with the RTA (Registrar and Transfer Agency).
• I hereby consent to receive all statements of accounts, statements of holding, contract notes, consolidated statements, transaction statements, and annual reports in electronic form from the company.
• I hereby consent to receiving information from Central KYC Registry/KRA through SMS/Email on the above registered number/email address and to download my records from CKYCR.
• I hereby confirm to avail the SMS alert facility in my Demat and Trading account.
• I hereby confirm that I have not opted for DIS booklet at the time of Account opening.
• I hereby confirm to receive credit of shares and securities without my consent in my Demat account.
• I hereby confirm to accept all pledge instructions in my Demat account without any further instruction from my end.
• I hereby consent that by opening demat and trading account online, Demat Debit and Pledge Instruction (DDPI) will be enabled for all the four options mentioned below:

• Transfer of securities held in the beneficial owner accounts of the client towards Stock Exchange related deliveries / settlement obligations arising out of trades executed by clients on the Stock Exchange through the same stockbroker.
• Pledging / re-pledging of securities in favor of trading member (TM) / clearing member (CM) for the purpose of meeting margin requirements of the clients in connection with the trades executed by the clients on the Stock Exchange.
• Mutual Fund transactions being executed on Stock Exchange order entry platforms.
• Tendering shares in open offers through Stock Exchange platforms.
• I confirm to avail of the facility of internet trading using wireless technology.
• Kindly Sign all four DDPI options, in case if you do not wish to avail all the provided options submit the physical Account Opening Form.

Declarations

• I declare and agree that the signature and photograph provided by me belongs to me for opening a Demat and trading account with SBICAP Securities Limited (hereinafter referred as “the Company”).
• I declare that by submitting the contact details by me, I authorize SBICAP Securities Limited to contact me and send promotional communication even though I may be registered under National Do Not Call Registry established under the Telecom Unsolicited Commercial Communications Regulations 2007 or registered or may register under the National Customer Preference Register established under the new regulation viz. The Telecom Commercial Communications Customer Preference Regulations 2010. And I don't hold the Company responsible for the aforesaid act.
• I hereby declare that the rules and regulations of the Depository and Depository Participant to an account which are in force now have been read by me and I have understood the same and I agree to abide by and to be bound by the rules as are in force from time to time for such account.
• I hereby declare that the details furnished are true and correct to the best of my knowledge and belief and I undertake to inform you of any changes therein immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting I am aware that I may be held liable for it.

General Terms & Conditions

Email Statement:

• I understand that the email statements are for my convenience. SSL shall not be liable or responsible for any breach of secrecy because the statements are being sent to the email ID registered with it. I shall verify the authenticity of the emails I receive. I shall not hold the Company responsible for any statement received from fraudsters/imposters. I shall not hold the company liable if any problem arises with my computer network because of me receiving statements from the company. The Company shall not be responsible if I/we do not receive a statement due to incorrect email address and technical reasons. I will take all the necessary steps to maintain and ensure confidentiality and secrecy of the login name and password of the internet/email account. I shall inform the Company in writing if there is any change in the email address.

Voluntary Aadhaar Consent:

• I hereby submit voluntarily at my own discretion the physical copy of Aadhaar card/physical e-Aadhaar / masked Aadhaar/offline electronic Aadhaar xml as issued by UIDAI (Aadhaar) to the Company SBICAP Securities Limited for the purpose of establishing my identity / address proof and voluntarily give my consent to open account / process instructions for the said purpose with the Company in my name individual capacity using my Aadhaar; hereby consent to the Company for verification of my Aadhaar to establish its genuineness through Quick Response (QR) code embedded in the Aadhaar card or through such other acceptable manner as per UIDAI or under any Act or law from time to time. The consent and purpose of collecting Aadhaar has been explained to me in local language. The Company has informed me that my Aadhaar submitted to the Company herewith shall not be used for any purpose other than mentioned above or as per requirements of law. The Company has informed me that this consent and my Aadhaar will be stored along with my account details within the Company. I hereby declare that all the information voluntarily furnished by me is true correct and complete. I Will not hold the Company or any of its officials responsible in case of any incorrect information provided by me/us.

FATCA:

• I have understood the information requirements of FATCA Form as per the CBDT notified Rules 114F to 114H and hereby confirm that the information provided by me on this Form is true correct and complete. I also confirm that I have read and understood the Terms and Conditions below and hereby accept the same. I understand that my personal details as provided/available in the Bank/SBICAP Securities Limited records will be used for CBDT reporting. Further, I hereby authorize SBICAP Securities Limited to furnish the above information to the bank for the purpose of compliance and reporting under CBDT Rules as applicable.

General

All the particulars and information given/provided to us are true, correct, accurate, and complete and they shall form the basis of any loan or any other financial products as may be decided to grant to you. Also understand that SBICAP Securities Limited (SSL) is acting as a distributor of financial products / loan and for which the documents is required to be shared with the manufacturer for processing.

You hereby authorize SSL or its relevant group companies, subsidiaries, and affiliates as the case may be to contact you through any mode including making calls/sending SMS alerts, WhatsApp on registered mobile phone number, or sending e-mails to registered e-mail id for marketing related information. You also confirm that this declaration/consent shall supersede, substitute, and replace any other consent/confirmation issued in this regard previously and shall apply whether or not the registered mobile number has been registered on “Do not Call” registry.

Declaration for Fund/Transfer Facility

I understand that 'Fund hold/Transfer' is an additional facility provided by SBICAP Securities Limited to its clients for facilitating online fund transfer on the trading portal. I undertake that I shall opt for an alternate mode of payment i.e. VAN transfer/cheque payment etc. for meeting trading/DP obligations in the event of non-availability of 'Fund hold/Transfer' functionality due to any technical issue. I understand that in no event SBICAP Securities Limited shall be responsible for any loss on account of any intermittent interruption resulting in non-availability of 'Fund hold/Transfer' facility and I shall not be entitled to claim for any actual or notional loss arising out of such interruption.

Rights, Entitlement and Obligation of the investor and nominee:

• If you are opening a new demat account / MF folios, you have to provide nomination. Otherwise, you can opt out the same.
• You can make nomination or change nominee any number of times without any restriction.
• You are entitiled to receive acknowledgement from the SSL for each instance of providing or changing nomination
• Upon demise of the investor, the nominees shall have the option to either continue as joint holders with other nominees or for each nominee(s) to open separate single account / folio.
• In case all your nominees do not claim the assets from the AMC / DP, then the residual unclaimed asset shall continue to be with the AMC in case of MF units and with the concerned Depository in case of Demat account.
• You have the option to designate any one of your nominees to operate your account / folio, in case of your physical incapacitation, at any point of time and not just during opening of account / folio. This mandate can be changed any time you choose.

Suvidha Account (Zero A/c Opening Charges)

Suvidha account can be opened ONLY through Online DIY Journey. No other sources can offer the same.

To open Demat & Trading account with SBICAP Securities

I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to inform you of any changes therein immediately. In case any of the above information is found to be false or untrue or misleading or misrepresenting I am aware that I may be liable for it. I hereby declare and confirm that I have not been prohibited/debarred from dealing in securities and no penalty has been imposed on me for violation of securities laws/other economic offences by SEBI or any other regulatory authorities. I also declare that no financial/criminal penalties or proceedings are pending against me. I hereby undertake to notify you forthwith of changes in this regard and shall not do anything in violation of such orders if any at a later date. I give hereunder details of action taken by SEBI/Stock Exchanges/any other authorities for violation of Securities laws/other Economic offences during last three years.

E-mail/ SMS and Voice Communications:

All customers who register on our site agree acknowledge and accept as per the terms and conditions and that even if they are registered under NDNC DND (Do Not Disturb) by accepting the terms you authorize SBI CAP Securities Ltd to call and assist you and/or SMS/E-Mail the customers by virtue of them having voluntarily registered in WWW.SBISECURITIES.IN. (Electronic and sms communications) SBI CAP Securities Ltd will not be responsible for any NDNC (National Do Not Call) Registry regulation that will come into play.

Brokerage Plans:

One India One Plan – 3K and 10K

• In OIOP-10K plan, Complimentary Delivery Trade value upto Rs 7500000.
• In OIOP-3K, Complimentary Delivery Trade upto Rs 1500000.
• All The Complimentary Delivery trade benefit tenure will be of lifetime
• All The Complimentary Delivery trade benefit will be “Excluding trades of EMargin {MTF} Products”
• DP Charges for OIOP 10K, 1st year is free, 2nd year onwards Rs.250 p.a.
• DP Charges for OIOP 3K will be Zero 1st yr DP AMC, 2nd year onward Rs.500 p.a.

Following brokerage rate will be applicable post cancellation of OIOP:

SUVIDHA

• FREE account opening
• DP AMC for 1st year is free and from 2nd year onwards customer needs to pay standard DP AMC charges.
• Suvidha account can be opened ONLY through Online DIY Journey. No other sources can offer the same.

PRO 749

• In Pro 749, Complimentary Delivery Trade upto Rs 250000
• All The Complimentary Delivery trade benefit tenure will be of lifetime
• DP AMC for 1st year is free and from 2nd year onwards customer needs to pay standard DP AMC charges.

PRO ZERO

• This plan is valid only for DIY channel only.
• Any client opting for this plan; for them advisor/VRM services will be withdrawn and client branch mapping will also be changed. In case client wants to avail advisory service than client needs to opt for any other prevailing broking plan with advisory services.
• Minimum brokerage for the above plans in Cash / ETF / Intraday / Derivatives / Currency (Intraday) will be Rs. 0.01
• In case of plan upgradation request by clients under this plan, new plan charges will be debited from customers trading account & this plan charges won’t be adjusted/reversed.
• Intraday trades under E-margin segment brokerage will be charged as per E-margin plan only.
• In case of cancellation of plan, the subscription fees will not be reversed under any circumstances.
• Interest rate charges: - MTF - Post 23 trading days : 0.04% Per day (14.5%), Cash Debit : 0.04% Per day (14.5%), Derivatives Non-cash margin maintenance : 0.04% Per day (14.5%)
• Brokerage of Rs.49/- per order will be charged for all orders types placed through CNT/ customer service executives/RMS / trades squared off by SSL, expiry/exercise or assignment trades. Subject to maximum of 2.5% of the traded value.
• Other Charges: - Margin Pledge Charges (Request : Rs.20 Per ISIN, Invocation : Rs.20 Per ISIN, Release: Rs.20 Per ISIN), Fund Pay-in Charges (Net-banking : Rs.0, Cheque Processing : Rs.0)

General Terms and conditions for plan OIOP-3K OIOP-10K Pro749:

• These above plans are applicable to Resident Indians only.
• Plan start date will be from Date of Account opening or date of realization of subscription amount whichever is later.
• *No interest will be charged on E-margin.
• 1st year DP AMC charges will be waived off. This offer is applicable only to new clients who have availed the scheme at the time of account opening and same will not be applicable on plan renewal or to existing account holders.
• No DP AMC and AOC will be reversed for existing customers however next year 1st year DP AMC will be free.
• The subscription amount may be paid via Direct Debit, Internet Banking, Fund transfer, Cheque or UPI. All payment should be made from the designated bank account of the customer.
• In case payment mode selected is Direct Debit or Cheque, customer need to sign the scheme document to avail the plan.
• In case of plan upgradation, new plan charges will be debited from customers trading / bank account, however, existing plan charges will not be reversed.
• ^Minimum brokerage for the above plans in Cash / Delivery Market / ETF / E- margin / Intraday / Derivatives (Delivery / Intraday) will be Rs. 0.01.
• All statutory / regulatory levies and other shall be charged separately over and above the brokerage at actuals. Also, Demat transaction charges incurred by the client for delivery trades will be chargeable at standard rates.
• The above plans are subject to regulatory norms in force from time to time and may be discontinued under any regulatory directions or for any other reason without giving prior intimation to the client.
• For any disputes pertaining to the Offer, the decision of SSL will be final and binding.
• In case of any queries/further clarifications, please send email on: helpdesk@sbicapsec.com

TERMS AND CONDITIONS FOR RESEARCH ANALYST:

• Availing the research services: By accepting delivery of the research service, the client confirms that he/she has elected to subscribe the research service offered by SBICAP Securities Limited (herein after referred to as “SSL”) at his/her sole discretion. SSL confirms that research services shall be rendered in accordance with the applicable provisions of the SEBI’s Research Analyst (RA) Regulations.
• Obligations on RA: SSL and client shall be bound by SEBI Act and all the applicable rules and regulations of SEBI, including the RA Regulations and relevant notifications of Government, as may be in force, from time to time.
• Client Information and KYC: The client shall furnish all such details in full as may be required by SSL in its standard form with supporting details, if required, as may be made mandatory by RAASB/SEBI from time to time. SSL shall collect, store, upload and check KYC records of the clients with KYC Registration Agency (KRA) as specified by SEBI from time to time.
• Standard Terms of Service: The client hereby consents that:
  • I / We have read and understood the terms and conditions applicable to a research analyst as defined under regulation 2(1)(u) of the SEBI (Research Analyst) Regulations, 2014, including the fee structure.
  • I/We are subscribing to the research services for our own benefits and consumption, and any reliance placed on the research report provided by research analyst shall be as per our own judgement and assessment of the conclusions contained in the research report.
  • I/We understand that –
  • Any investment made based on the recommendations in the research report are subject to market risk.
  • Recommendations in the research report do not provide any assurance of returns.
  • There is no recourse to claim any losses incurred on the investments made based on the recommendations in the research report.” SSL “hereby declares and confirms that:
  • It is duly registered with SEBI as an RA pursuant to the SEBI (Research Analysts) Regulations, 2014 and its registration details are: (SEBI Regn No: INH000000602);
  • It has registration and qualifications required to render the services contemplated under the RA Regulations, and the same are valid and subsisting;
  • Research analyst services provided by it do not conflict with or violate any provision of law, rule or regulation, contract, or other instrument to which it is a party or to which any of its property is or may be subject;
  • The maximum fee that may be charged by RA is ₹1.51 lakhs per annum per family to Individual and HUF clients.
  • The recommendations provided by RA do not provide any assurance of returns
• Consideration and mode of payment:The client shall duly pay to SSL, the agreed fees for the services that the company renders to the client and statutory charges, as applicable. Such fees and statutory charges shall be payable through the specified manner and mode(s)/ mechanism(s).
• Risk factors:The recommendations provided by SSL in the capacity of a Research Analyst and distributed as per SEBI (Research Analysts) Regulations 2014. Such recommendations do not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained therein is from publicly available data or other sources believed to be reliable. Such recommendations shall be provided for assistance only and are not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of such information. Each recipient of such research services should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this document (including the merits and risks involved), and should consult his own advisors to determine the merits and risks of such investment.The investment discussed or views expressed may not be suitable for all investors. SSL or any of its associates / group companies shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in such recommendation.
• Conflict of interest:SSL shall adhere to the applicable regulations/ circulars/ directions specified by SEBI from time to time in relation to disclosure and mitigation of any actual or potential conflict of interest. SSL shall disclose any potential/material conflict of interest with respect to any recommendation and related information and opinions at the time of publication of research report or at the time of public appearance.
• Termination of service and refund of fees:In case of suspension of certificate of registration of SSL for more than 60 (sixty) days or cancellation of the RA registration, SSL shall refund the fees, on a pro rata basis for the period from the effective date of cancellation/ suspension to end of the subscription period.
• Grievance redressal and dispute resolution:Any grievance related to (i) non- receipt of research report or (ii) missing pages or inability to download the entire report, or (iii) any other deficiency in the research services provided by RA, shall be escalated promptly by the client by reaching out to SSL’s Helpdesk at helpdesk@sbicapsec.com or 022 68545555/022 40014155 SSL shall be responsible to resolve grievances within 7 (seven) business working days or such timelines as may be specified by SEBI under the RA Regulations. SSL shall redress grievances of the client in a timely and transparent manner. Any dispute between SSL and his client may be resolved through arbitration or through any other modes or mechanism as specified by SEBI from time to time
• Additional clauses:Any additional voluntary clauses added by SSL should not be in contravention with rules/ regulations/ circulars of SEBI. Any changes in such voluntary clauses/document(s) shall be preceded by a notice of 15 days.
• Mandatory notice:Clients shall be requested to go through Do’s and Don’ts while dealing with RA as specified in SEBI master circular no. SEBI/HO/MIRSD-POD- 1/P/CIR/2024/49 dated May 21, 2024 or as may be specified by SEBI from time to time.
• Optional Centralised Fee Collection Mechanism:As may be applicable, SSL Shall provide the guidance to their clients on an optional ‘Centralised Fee Collection Mechanism for IA and RA’(CeFCoM) available to them for payment of fees to RA.

I hereby give my consent and authorises SBICAP Securities Limited to share my personnel data collected during the account opening process with the third party for data enrichment to provide related services to me.

I hereby agree to active my respective segment subject to proper documentation provided by me