SBI Brokers Review


SBI Brokers Review

SBI Brokers

Established in 2006, SB Insurance Brokers Pvt. Ltd. is the well-known and best online full services broker under the supervision of the Ms. Sonia Nagpal. It has registered office In New Delhi & corporate office in Noida and is the member of NSE and BSE. It is insurance firm that offering several kinds of insurance inter-mediation services to its esteemed customers. Over the PAN India Level, It is always focused to be the excellent and effective insurance intermediary for its customers. It believes in helping its customers in investing money with the help of well managed and skilled team.

SBI Brokers Directors and Management Team

Ms. Sonia Nagpal – Directors and SVP – Sales

Mr. Vishal Verma – Sr. Vice President – Sales

Mr. J. P. Jain – Director and Principal Officer

Mr. Nitesh Garg – AVP – Finance & Operations

It supervises investment for its Individual as well as institutional clients who value specialized investing capabilities. It established as a renowned company in the insurance domain like others companies and offers the best services in the field of Insurance (Life as well Non-Life) and investments. It has the vision of becoming best and reputed company in all over the India by supplying its outstanding services to satisfy entire needs of clients. Also, it focuses to establish a long-time relationship with its customers by providing best and effective services to make the better revenues.

SBI Brokers Account Opening Fees

  • Trading Account – NA
  • Trading Account AMC – NA
  • Demat Account – 850
  • Demat Account AMC – Rs. 400

SBI Brokers Brokerage Charges

Equity0.05% for Intraday, 0.5% for Delivery
Equity Futures0.05% of Turnover
Equity OptionsRs 100/lot
Currency Futures0.03% of Turnover
Currency OptionsRs 30/lot

SBI Brokers Transaction/ Turnover Charges

Equity DeliveryRs 325 Per Cr
Equity IntradayRs 325 Per Cr
Equity FuturesRs 190 Per Cr
Equity OptionsRs 5000 Per Cr
Currency FuturesRs 110 Per Cr
Currency OptionsRs 4000 Per Cr

SBI Brokers Trading Platform

  • Desktop Trading Platform – SBISMART EXPRESS
  • Web Trading Platform –
  • Mobile Trading Platform – SBI SMART Mobile App


SB Insurance Brokers

Customer ServiceAvailability
Toll Free Number
Email Support
24/7 Support
Phone Support
Live Chat

SBI Brokers Pros

  • SMS Alert
  • Online Demo facility
  • Online Live Chat Facility
  • Ultimate Email Support Services
  • Free Back Support Services
  • Best Research Data
  • Free Online Demo
  • Free Online Tips
  • Best Investment Tips to Customers
  • Better Trading Options for its Customers
  • 3 in 1 Account Facility
  • Instant Funds and Share Transfer facilities

SBI Brokers Cons

  • High brokerage 
  • Not so advanced trading platform