SBI Securities Branch in Indore, Madhya Pradesh
Tier 2Indore is Central India's capital market nerve center, housing numerous regional brokerages (Arihant, Swastika, Indira) and a vast active F&O trading base. Complete guide to SBI Securities office address, customer care helpline, Depository Participant operations, offline KYC, and physical share dematerialisation in Indore.
Branch & Service Point Overview
Operational Address & Handling
Local Service Point & Address Details:
Authorized partner service desks and relationship desks across key financial zones in Indore: MG Road, AB Road, Vijay Nagar, South Tukoganj, Palasia (Postal codes: 452001, 452010, 452008, 452003). For centralized postal operations and DRF submissions, route to corporate operations headquarters: SBICAP Securities Ltd, Marathon Futurex, B-Wing, 12th Floor, N.M. Joshi Marg, Lower Parel, Mumbai 400013.
Local SEBI Regional Office:
SEBI Local Office, 102-103, 1st Floor, Man Heritage, 6/2 South Tukoganj, Indore 452001
Postal Pincodes: 452001, 452010, 452008, 452003
Demat & Physical Share Processing in Indore
National network for physical certificate submission and bank branch assistance. Under SEBI regulations, all physical share certificates must be converted into demat form before selling on NSE or BSE.
1. Demat Request Form (DRF)
Download SBI Securities DRF in duplicate, fill details of company and certificate numbers, and sign matching your bank/RTA specimen signature.
2. Deface Physical Certificate
Mark certificates with 'Surrendered for Dematerialisation' stamp to prevent misuse during transit from Indore.
3. Dispatch & Credit
Track consignment delivery to central operations. Registrar verifies signature and electronically credits shares into Demat ID IN300183 (NSDL) / 12047200 (CDSL).
Digital e-KYC vs Local Branch Walk-in
Most investors in Indore open accounts online in under 10 minutes. Here is how digital onboarding compares with in-person branch verification:
| Feature | Online Digital e-KYC (Recommended) | Offline Branch Walk-in / Assisted |
|---|---|---|
| Turnaround Time | 5 to 10 minutes (Active within 2 to 4 hours) | 24 to 72 business hours upon paper form verification |
| Required Proofs | Aadhaar OTP via DigiLocker, PAN, canceled cheque / bank statement | Physical photocopies of PAN, Aadhaar, bank proof with original signatures |
| Suitable For | Individual Indian resident traders with mobile-linked Aadhaar | HUF, Corporate accounts, NRI, Non-Aadhaar clients, or minors |
| Signature Verification | Digital Aadhaar e-Sign (NSDL / CDSL electronic gateway) | Wet ink physical signature on printed 24-page application booklet |
SEBI-Registered Intermediaries in Indore
Other recognized Depository Participants and brokers with official registrations in Indore:
| Entity Name | SEBI Reg No | Category | Contact / Desk |
|---|---|---|---|
| ARIHANT CAPITAL MARKET LIMITED | IN-DP-127-2015 | DP CDSL | Lokesh Soni |
| EXCLUSIVE SECURITIES LIMITED | IN-DP-220-2016 | DP CDSL | VIMALESH AJMERA |
| EXCLUSIVE SECURITIES LIMITED | IN-DP-CDSL-342-2006 | DP CDSL | Available on SEBI record |
| INDO THAI SECURITIES LTD. | IN-DP-CDSL-412-2007 | DP CDSL | Available on SEBI record |
| INVESTSMART STOCK BROKERS PRIVATE LIMITED | IN-DP-683-2022 | DP CDSL | PRITISHA JAIN |
| MANDOT SECURITIES PRIVATE LIMITED | IN-DP-159-2015 | DP CDSL | Rajesh Mandot |
Frequently Asked Questions: SBI Securities in Indore
Does SBI Securities have a physical office or branch in Indore?
SBI Securities operates in Indore via its backed by india's largest bank (state bank of india). While retail traders in Indore predominantly manage their accounts digitally via mobile app and web, physical documentation, account modifications, and in-person verification are supported through SBI Securities regional desks, authorized representatives, or direct centralized postal dispatch.
How do I submit physical share certificates for Demat with SBI Securities in Indore?
To convert physical paper share certificates into electronic demat holdings via SBI Securities: (1) Open a SBI Securities Demat account if not already active; (2) Fill out the Demat Request Form (DRF) in duplicate for each company; (3) Deface the physical certificates by writing 'Surrendered for Dematerialisation'; (4) Courier the original certificates along with signed DRF forms and self-attested PAN/Aadhaar copies to SBI Securities central processing unit at SBICAP Securities Ltd, Marathon Futurex, B-Wing, 12th Floor, N.M. Joshi Marg, Lower Parel, Mumbai 400013. The shares will be credited to your CDSL/NSDL Demat ID (IN300183 (NSDL) / 12047200 (CDSL)) within 15 to 21 working days upon registrar confirmation.
Can I complete offline KYC or account opening with SBI Securities in Indore?
Yes. While SBI Securities offers instant 100% paperless Aadhaar e-KYC completing in 5 to 10 minutes, investors without Aadhaar-linked mobile numbers, HUF accounts, corporate entities, or partnership firms in Indore can complete offline verification. Download the physical account opening forms from the official portal, affix passport photographs, attach self-attested identity/address proofs, and send them to the corporate operations office.
What is the grievance redressal and customer care escalation for SBI Securities in Indore?
For support in Indore, call SBI Securities helpline at 1800 209 9345 / 022 6854 5555. If a ticket remains unresolved within 7 days, investors can escalate to SBI Securities designated Principal Compliance Officer. As a statutory right, clients can also lodge complaints directly with SEBI through the SCORES 2.0 portal (scores.sebi.gov.in) citing SBI Securities registration number INZ000200032, or visit the regional SEBI office (SEBI Local Office, 102-103, 1st Floor, Man Heritage, 6/2 South Tukoganj, Indore 452001).