Presentation on SSL NRI Demat & Tradingg( Product …bo.sbicapsec.com/pdflink/imagestorage/NRI_PRESENTATION_TRAINING.pdfSSL NRI Demat & Tradingg( Product (NRI eNRI e--Z TradeZ Trade)

Presentation onPresentation onSSL NRI Demat & Trading Product (NRI eSSL NRI Demat & Trading Product (NRI e--Z Trade)Z Trade)g (g ( ))

* in association with SBI* in association with SBI

NRI offerings: E-broking Offline Demat Advisory Services Equity and Fundamental Research MF/IPO

Our Products and OfferingsOur Products and Offerings

e-brokingSeamless Online trading experienceto invest in the Indian equity market

Demat AccountAddress your Securities Management needs like dematerialization ofto invest in the Indian equity market

through the leading stock exchanges(NSE / BSE)

needs like dematerialization of securities, holding and transfer of securities such as shares in Demat form, rematerialization and pledging of shares etc

Retail brokingEnjoy personalized service with conventional way of investment

Equity Research Regular reports and updates that help you pick the right

through a dedicated Relationship Manager

company/stock to invest in, from amongst a wide universe of listed companies

3 in 1 (Trading + Demat +AdvisoryInvestment assistance and advices through our qualified dealers

3 in1Account

3 in 1 (Trading + Demat + Bank)Comprehensive investment solution in association with SBI - The premier bank of India through which you can


g yinvest in permitted Indian securities including stocks on NSE& BSE

Our Products and Offerings Our Products and Offerings (contd…)(contd…)

Fixed IncomeInvest in a variety of bonds to avail long term benefits

PIS Account (Portfolio Investment Scheme)

long term benefits

Distribution of MF & IPO

Opening and maintenance of PIS account for transaction reporting to RBI, compliance of statutory regulations, calculation of capital gains tax liability and issuance of

Invest in a wide range of schemes and issues through a physical form with / without a trading account with us

gains tax liability and issuance of TDS certificate done on customer’s behalf based on the information furnished, undertaken by the SBI NRI branch, Mumbai

Affordable RatesBenefit from our value for money account opening charges and brokerage rates

SBISmartAll new advanced trading software exclusively for HNI clients and Active Traders

24x7 Back officeAccess reports, client ledgers and account information anytime

Customer CareDirect contact to our dedicated NRI customer service desk through the

.Traders


account information anytime anywhere throughout with low band width option

gNRI option available on the Interactive Voice Response System

Process Flow ChartProcess Flow Chart


NRI Account opening kitNRI Account opening kit

Bank account opening Bank account opening form (if applicable)form (if applicable)

Trading and Demat account opening form Trading and Demat account opening form (Y (Y series)series)

Portfolio Investment Services application formPortfolio Investment Services application formPortfolio Investment Services application formPortfolio Investment Services application form

–– Request Letters:Request Letters:

Opening of NRE/NRO PIS account along withOpening of NRE/NRO PIS account along withOpening of NRE/NRO PIS account along with Opening of NRE/NRO PIS account along with enablement of transaction rightsenablement of transaction rights

Online SBI registration formOnline SBI registration form

Mapping Financial, Demat And Trading accounts Mapping Financial, Demat And Trading accounts -- SBI.SBI.


NRI Check ListNRI Check List

PAN Card for all HoldersPAN Card for all Holders

P tP tPassport Passport

VISA / Residence Permit / OCI / PIO Card, as applicableVISA / Residence Permit / OCI / PIO Card, as applicable

Proof of Foreign AddressProof of Foreign AddressProof of Foreign AddressProof of Foreign Address

Proof of Indian AddressProof of Indian Address

Latest Bank Account StatementLatest Bank Account StatementLatest Bank Account Statement Latest Bank Account Statement

Cancelled cheque leaf / Bank letter (for MICR Cancelled cheque leaf / Bank letter (for MICR proof)proof)

Photographs (3 eachPhotographs (3 each))Photographs (3 eachPhotographs (3 each))

RBI RBI permission permission (will (will be issued by SBI NRI Mumbaibe issued by SBI NRI Mumbai))

General POA (will be issued by SBI NRI Mumbai)General POA (will be issued by SBI NRI Mumbai)


General POA (will be issued by SBI NRI Mumbai) General POA (will be issued by SBI NRI Mumbai)

List of Documentation List of Documentation (please note)(please note)AllAll documentsdocuments areare toto bebe selfself--attestedattested byby thethe respectiverespective holdersholders inin originaloriginal..SignatureSignature shouldshould bebe consistentconsistent acrossacrossDocumentsDocuments shouldshould bebe latestlatest andand withinwithin thethe timetime--frameframe mentionedmentioned belowbelow..

PANPAN CardCard:: TheThe DematDemat andand NRE/NRONRE/NRO savingssavings accountaccount cancan bebe openedopened inin jointjoint namesnames butbut TradingTrading andandPANPAN CardCard:: TheThe DematDemat andand NRE/NRONRE/NRO savingssavings accountaccount cancan bebe openedopened inin jointjoint namesnames butbut TradingTrading andandPISPIS bankbank accountaccount cancan onlyonly bebe inin singlesingle namenamePassportPassport && VISAVISA // ResidenceResidence PermitPermit // OCIOCI /PIO/PIO CardCard:: PleasePlease ensureensure thatthat thethe documentsdocuments areare latestlatest andandrenewedrenewed copiescopies.. InIn casecase thethe passportpassport isis ofof nationalitynationality otherother thanthan Indian,Indian, thenthen thethe respectiverespective copycopy alongalongwithwith thethe OCI/PIOOCI/PIO cardcard asas applicableapplicable needsneeds toto bebe providedprovidedForeignForeign AddressAddress && IndianIndian AddressAddress:: AnyAny utilityutility billbill forfor addressaddress proofproof shouldshould notnot bebe moremore thanthan 22 monthsmonthsoldold.. UtilityUtility billsbills suchsuch asas anyany otherother latestlatest bankbank a/ca/c statementstatement withwith stampstamp andand sealseal ofof thethe bank,bank, DrivingDrivingLicenseLicense etcetc cancan bebe providedprovided.. TheThe samesame cancan alsoalso sufficesuffice inin casecase isis availableavailable inin pointpoint 22 asas mentionedmentionedaboveabove..B kB k A tA t St t tSt t t Sh ldSh ld bb l t tl t t dd tt thth 33 thth ldld ItIt h ldh ld ll t it i ththBankBank AccountAccount StatementStatement:: ShouldShould bebe latestlatest andand notnot moremore thanthan 33 monthsmonths oldold.. ItIt shouldshould alsoalso containcontain thethestampstamp andand sealseal ofof thethe concernedconcerned bankbank branchbranch andand officialofficial.. KRAKRA ofof thethe bankbank accountaccount shouldshould bebe updatedupdatedinin andand latestlatest 33 monthsmonths transactionstransactions areare neededneeded..CancelledCancelled chequecheque leafleaf:: ShouldShould bebe authenticatedauthenticated byby allall holdersholders ofof thethe bankbank accountaccount // BankBank letterletter cancan bebeissuedissued byby thethe bankbank branchbranch inin casecase thethe customercustomer doesdoes notnot havehave aa chequecheque bookbook.. TheThe letterletter shouldshould mentionmentionissuedissued byby thethe bankbank branchbranch inin casecase thethe customercustomer doesdoes notnot havehave aa chequecheque bookbook.. TheThe letterletter shouldshould mentionmentionthethe bankbank accountaccount number,number, IFSCIFSC andand MICRMICR codecode andand shouldshould bebe providedprovided inin thethe bankbank letterletter headhead..RBIRBI permissionpermission:: WillWill bebe issuedissued byby SBISBI NRINRI MumbaiMumbai elseelse byby thethe authorizedauthorized andand designateddesignated PISPIS bankbankbranchbranchGeneralGeneral POAPOA:: WillWill bebe issuedissued byby SBISBI NRINRI MumbaiMumbai.. InIn exceptionalexceptional cases,cases, thethe customercustomer cancan alsoalso issueissue thethe


yy pp ,,POAPOA toto hishis relative/relative/ familyfamily membermemberPhotographsPhotographs:: PassportPassport sizesize andand allall shouldshould bebe samesame

Attestation of DocumentsAttestation of DocumentsPlease note that all documents (other than RBI permission and Please note that all documents (other than RBI permission and General General power) are to bepower) are to be ::S fS f ( )( )SelfSelf--attested attested (to be done on all copies)(to be done on all copies)In person and verified with original to be done by the SBI officials or In person and verified with original to be done by the SBI officials or as mentioned in the point below (to be done on all copies)as mentioned in the point below (to be done on all copies)I d ifi d ith i i l t b d b th SSL ffi i l iI d ifi d ith i i l t b d b th SSL ffi i l iIn person and verified with original to be done by the SSL officials in In person and verified with original to be done by the SSL officials in case of SSL branch visit (to be done on all copies)case of SSL branch visit (to be done on all copies)

Documents (ID Proof) duly attestedDocuments (ID Proof) duly attested by any one of the followingby any one of the followingDocuments (ID Proof) duly attestedDocuments (ID Proof) duly attested by any one of the following by any one of the following entitiesentities ::State Bank of India officials (with their SS number)State Bank of India officials (with their SS number)Notary PublicNotary PublicNotary PublicNotary PublicHigh CommissionerHigh CommissionerIndian Embassy / Consulate General in the country of your Indian Embassy / Consulate General in the country of your residenceresidence


residence.residence.

How to obtain NRI AOFs?How to obtain NRI AOFs?

1.1. The soft copy of the entire set of forms can be downloaded The soft copy of the entire set of forms can be downloaded from SSL’s website with a prefrom SSL’s website with a pre--printed application numberprinted application numberfrom SSL s website with a prefrom SSL s website with a pre printed application numberprinted application number

Website Website –– http://www.sbismart.com/http://www.sbismart.com/

Route: SSL Home pageRoute: SSL Home page >> NRI Zone >>>> NRI Zone >>Route: SSL Home page Route: SSL Home page >> NRI Zone >>>> NRI Zone >>

22 The hard copies of the forms are available at our nearest SSLThe hard copies of the forms are available at our nearest SSL2.2. The hard copies of the forms are available at our nearest SSL The hard copies of the forms are available at our nearest SSL Branch. The list of Branch. The list of branches branches are available on our websiteare available on our website. . Please Please Click hereClick here to view our branch list.to view our branch list.


http://www.sbismart.com/

http://bo.sbicapsec.com/HR/NriAccountOpening.aspx

http://www.sbismart.com/branches

Tariff Card:Tariff Card:Account Opening ChargesAccount Opening Charges

CHARGESREVISED STRUCTURE

SSL SBI TotalD A i 2500 2500Demat Account opening 2500 - 2500

Trading Account opening 500 - 500

TOTAL 3000 - 3000TOTAL 3000 3000

Demat AMC 750 - 750

PIS charges - 1000 1000RBI permission / Franking and Notary Charges on POA - 940 940

(Taxes as applicable will be levied extra)


Brokerage RatesBrokerage Rates

Particulars Online segment Offline segment

SSL Brokerage 0.50% 0.50%g

Bank Commission 0.50% 0.50%

Total Chargeable 1.00% 1.00%

Revised rates wef 1st June 2012


Scope of Work:Scope of Work:SBI SBI SSL NRI Z T dSSL NRI Z T dSBI SBI –– SSL NRI eZ TradeSSL NRI eZ Trade

Prior to A/c OpeningPrior to A/c Opening

Issue RBI permission and General PowerIssue RBI permission and General PowerOpen the PIS accountOpen the PIS accountppAdvise Home Branch to Map the PIS account to INB of client Advise Home Branch to Map the PIS account to INB of client Ensure that INB and transaction rights are activated to the PIS bank Ensure that INB and transaction rights are activated to the PIS bank account (as applicable)account (as applicable)

On execution of On execution of TradesTrades

Report the transactions to RBI on daily basis Report the transactions to RBI on daily basis Credit the funds to Clients’ PIS accounts Credit the funds to Clients’ PIS accounts Recover the commission and TDS, if applicableRecover the commission and TDS, if applicable


, pp, pp

Key Disclaimers on ComplianceKey Disclaimers on Compliance

EE--brokingbroking facilityfacility isis availableavailable onlyonly forfor NRENRE accountsaccounts (NRO(NRO accountsaccountsareare currentlycurrently notnot permitted)permitted) HoweverHowever thethe NRONRO accountsaccounts cancan bebeareare currentlycurrently notnot permitted)permitted).. HoweverHowever thethe NRONRO accountsaccounts cancan bebeopenedopened andand operatedoperated underunder thethe OfflineOffline modemode..

EE--brokingbroking facilityfacility isis notnot availableavailable forfor NRI’sNRI’s residentresident InIn USA,USA, UK,UK,C dC d dd JJ dd tt titi l tl t l til tiCanadaCanada andand JapanJapan duedue toto respectiverespective regulatoryregulatory regulationsregulations..

SEBISEBI SettlementSettlement CalendarCalendar ffollowedollowed..

OnlyOnly deliverydelivery basedbased tradingtrading allowedallowed FF && OO andand derivativesderivatives segmentsegmentOnlyOnly deliverydelivery basedbased tradingtrading allowedallowed.. FF && OO andand derivativesderivatives segmentsegmentnotnot yetyet providedprovided.. NoNo IntraIntra DayDay TradingTrading oror ShortShort SellingSelling..

AggregateAggregate CeilingCeiling asas prescribedprescribed byby RBIRBI toto bebe followedfollowed (banned(banned listlist //titi li t)li t)cautioncaution list)list)


Trading through the Trading through the ee--broking channelbroking channel

NRI client can transfer funds from his parent NRE A/C to NRENRI client can transfer funds from his parent NRE A/C to NRENRI client can transfer funds from his parent NRE A/C to NRE NRI client can transfer funds from his parent NRE A/C to NRE PIS A/C through INBPIS A/C through INB

Lien is marked on PIS accountLien is marked on PIS account

NRI clients can utilize on 99% of funds lien marked for secondary NRI clients can utilize on 99% of funds lien marked for secondary market transactionsmarket transactions

NRI li t t l “D li ” b d t tiNRI li t t l “D li ” b d t tiNRI clients can execute only “Delivery” based transactionsNRI clients can execute only “Delivery” based transactions

Banned ListBanned List


Contact usContact us

SBI NRI SBI NRI branch Mumbai (Nodal Service Branch)branch Mumbai (Nodal Service Branch)Address : Ground Floor, Maker Chambers 3 , Nariman Point, Mumbai Address : Ground Floor, Maker Chambers 3 , Nariman Point, Mumbai -- 400 021400 021, , ,, , ,Contact numbers : (022Contact numbers : (022) 22850671/ 66272213) 22850671/ 66272213EE--mail id : mail id : [email protected]@sbi.co.in

SSL Desk at SSL Desk at SBI SBI NRI NRI branch Mumbaibranch MumbaiContact numbers : (022) 66272226 / Contact numbers : (022) 66272226 / 2204023822040238EE--mail id : mail id : [email protected]@sbicapsec.com

Ji h P t l@ biJi h P t l@ [email protected]@sbicapsec.com

SSL Corporate SSL Corporate OfficeOfficeContact n mbers 1800 209 9345 1800 22 3345Contact n mbers 1800 209 9345 1800 22 3345Contact numbers : 1800 209 9345, 1800 22 3345 , Contact numbers : 1800 209 9345, 1800 22 3345 ,

(022) 61536900 (exclusively for NRI’s)(022) 61536900 (exclusively for NRI’s)EE--mail id : mail id : [email protected]@sbicapsec.com

[email protected]@sbicapsec.com


[email protected]@sbicapsec.com

Thank You

DISCLAIMERDISCLAIMER--

SBICAPSBICAP SecuritiesSecurities LtdLtd doesdoes notnot solicitsolicit investmentinvestment fromfrom NRI’sNRI’s residentresident inin US,US, UK,UK, CanadaCanada andand JapanJapan duedue totoregulatoryregulatory restrictionsrestrictions.. NoticeNotice isis herebyhereby givengiven thatthat NonNon ResidentResident IndiansIndians (NRI's)(NRI's) andand ForeignForeign NationalsNationals availingavailinganyany facilityfacility // serviceservice offeredoffered byby SBICAPSBICAP SecuritiesSecurities LtdLtd andand optingopting toto transacttransact thereonthereon shallshall dodo soso afterafter duedueverificationverification atat theirtheir endend ofof theirtheir eligibilityeligibility toto dodo soso.. SBICAPSBICAP SecuritiesSecurities LtdLtd undertakesundertakes nono responsibilityresponsibility forfor suchsuchprepre--eligibilityeligibility oror qualificationqualification onon partpart ofof NonNon--ResidentResident IndiansIndians (NRI's)(NRI's) oror ForeignForeign NationalsNationals toto transacttransact throughthroughthisthis facilityfacility


thisthis facilityfacility..