Shares in the demat account first have to be allocated for selling. The process varies according to the DP with whom you have your DP Accounts
- For State Bank of India DP
- Click on "DP Lien"
- Select the DP for stock allocation. Click on "Go".
- Click on "Go"
- Select the demat account from the drop down menu. Click on "Submit" to access the demat account.
- This opens the Bank Confirmation window. Insert your Internet Banking "User Name" & "Password" and click on the "Submit". Your holdings are now displayed
- Tick on the check box in front of the stock to be allocated and enter the quantity you wish to allocate for selling in "Number of Shares". Then click on the "Submit" button.
- This opens the Bank Confirmation page, please click on the "Confirm" to proceed. Wait for the next page to appear.
- Check the details of the allocation and click on the "Close" to complete the transaction.
If a scrip belongs to T, S or TS Group you will not be able to place the trades from your end. For all scrips belonging to T, S & TS Groups, trades can be executed by calling us on the toll free number:
1 800 223345
After this follow the procedure for placing a sell order.
Alternately you can send an email (from the email address registered with us) to helpdesk@sbicapsec.com with BUY/SELL in the subject line.
(b) For SBICAP Securities Ltd. DP
- Click on "DP Report"
- Select "DP ID" from the drop down menu and click on "Go"
- Click on "Go"
- Click on "Allocate" in front of the share which you want to allocate for trading
- Enter the "Quantity to block" and click on "Submit"
- The window will show "Stock updated successfully" and will close on its own
If a scrip belongs to T, S or TS Group you will not be able to place the trades from your end. For all scrips belonging to T, S & TS Groups, trades can be executed by calling us on the toll free number:
1 800 223345
After this follow the procedure for placing a sell order.
Alternately you can send an email (from the email address registered with us) to helpdesk@sbicapsec.com with BUY/SELL in the subject line.
(c) For State Bank of Indore or State Bank of Bikaner & Jaipur DP
- Click on "DP Report"
- Select the DP name for Stock allocation. Click on "Go"
- A Demat Allocation page is displayed. Click on "Click here to block the quantity"
- The DP page will be opened. Please enter your DP "User Name" and "Password". Click on "Login"
- Enter the quantity you wish to allocate for selling in the box "Block Qty." in front of the stock you want to sell. Then click on the "Save" button
- A window will emerge "Record Saved Successfully". Click on "OK"
- Click on "Log out"
If a scrip belongs to T, S or TS Group you will not be able to place the trades from your end. For all scrips belonging to T, S & TS Groups, trades can be executed by calling us on the toll free number:
1 800 223345
After this follow the procedure for placing a sell order.
Alternately you can send an email (from the email address registered with us) to helpdesk@sbicapsec.com with BUY/SELL in the subject line.