How to Open a Demat Account in SBI - Complete Guide 2025
SBI offers a seamless process for opening a demat account through various platforms, such as SBI YONO, SBI Securities, and Internet banking. Opening a demat account with SBI allows you to easily invest in shares, mutual funds, and securities.
How to Open a Demat Account in the SBI YONO App
To open a Demat account via SBI YONO:
- Open the SBI YONO App on your mobile.
- Navigate to Investments > Open Demat & Trading Account.
- Fill in your PAN, Aadhaar, and bank details.
- Verify that you are using eKYC and
that your account will be opened within 48 hours.
How to Open a Demat Account in SBI Bank
To open a Demat account by visiting an SBI branch:
- Visit the nearest SBI branch offering Demat services.
- Fill out the Demat Account Opening Form.
- Submit your PAN card, Aadhaar, and passport-size photograph.
- Once the verification is complete,
your account will be activated.
How to Open a Demat Account in SBI Internet Banking
To open a Demat account using SBI Internet Banking:
- Log in to SBI Net Banking.
- Go to e-Services > Demat Services.
- Choose the Open Demat Account option.
- Complete the KYC and submit the necessary documents.
- Your account will be activated
shortly.
How to Open a Demat Account in SBI Securities
To open a Demat account through SBI Securities:
- Visit the SBI Securities Portal.
- Fill in the required details, including PAN, Aadhaar, and bank account information.
- Submit the documents and complete the KYC.
- Your account will be ready for
trading within 24-48 hours.
How to Open a Demat Account in SBI Bank Online
For opening a Demat account through SBI Bank Online:
- Log in to your SBI net banking account.
- Select Investments & Deposits > Demat Services.
- Click on Open Demat Account and follow the steps.
- Complete the KYC and upload the necessary documents.
- Once verified, your account will
be opened.
How to Open a Demat Account in the SBI YONO Light App
To open a Demat account using SBI YONO Light:
- Download and open the SBI YONO Light App.
- Select Investments > Open Demat Account.
- Provide your details, complete KYC, and submit the form.
- Your account will be opened in 1-2
business days.
Benefits of Opening a Demat Account with SBI
- Seamless integration with your SBI savings account.
- Low maintenance charges and competitive brokerage.
- Easy access through YONO and internet banking.
- Real-time portfolio management.
FAQs
1. How long does it take to open a Demat account in SBI?
It usually takes 24-48 hours after completing the KYC and document submission process.
2. Can I open a Demat account in SBI through YONO?
Yes, you can open a Demat account via the SBI YONO app by navigating to Investments > Open Demat Account.
3. Is there any fee for opening a Demat account in SBI?
SBI usually offers free account opening, but annual maintenance charges (AMC) may apply.
4. What are the documents required to open a Demat account in SBI?
You need a PAN card, Aadhaar, and a canceled cheque from your linked bank account.
5. Can I link my SBI Demat account with any other bank account?
No, it is recommended to link your Demat account with your SBI savings account for seamless transactions.