SBI Securities Branch in Mumbai, Maharashtra
Tier 1Mumbai is India's premier financial capital, housing the headquarters of the Bombay Stock Exchange (BSE), the National Stock Exchange (NSE), SEBI, and leading brokerage firms. Complete guide to SBI Securities office address, customer care helpline, Depository Participant operations, offline KYC, and physical share dematerialisation in Mumbai.
Branch & Service Point Overview
Operational Address & Handling
Local Service Point & Address Details:
SBICAP Securities Ltd, Marathon Futurex, B-Wing, 12th Floor, N.M. Joshi Marg, Lower Parel, Mumbai 400013
Local SEBI Regional Office:
SEBI Bhavan, BKC, Bandra East, Mumbai 400051
Postal Pincodes: 400001, 400051, 400021, 400069
Demat & Physical Share Processing in Mumbai
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 Mumbai.
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 Mumbai 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 Mumbai
Other recognized Depository Participants and brokers with official registrations in Mumbai:
| Entity Name | SEBI Reg No | Category | Contact / Desk |
|---|---|---|---|
| 1FC SECURITIES PRIVATE LIMITED | INZ000333130 | COMMODITY BROKER | 0919029075122 |
| AJMERA ASSOCIATES LIMITED | INZ000177531 | COMMODITY BROKER | 008591201758 |
| B D SHAH SECURITIES LIMITED | INZ000200338 | COMMODITY BROKER | 0919820070720 |
| DHWAJA SHARES & SECURITIES PRIVATE LIMITED | INZ000219637 | COMMODITY BROKER | 9102242552728 |
| INARAA FINANCIAL SERVICES PRIVATE LIMITED | INZ000323030 | COMMODITY BROKER | 00000000000 |
| INDIRA SECURITIES PRIVATE LIMITED | INZ000188930 | COMMODITY BROKER | 0919329099009 |
Frequently Asked Questions: SBI Securities in Mumbai
Does SBI Securities have a physical office or branch in Mumbai?
SBI Securities operates in Mumbai via its backed by india's largest bank (state bank of india). As the corporate headquarters, it maintains full-scale walk-in investor relations and grievance desks in this city.
How do I submit physical share certificates for Demat with SBI Securities in Mumbai?
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) Submit directly at the local branch desk in Mumbai. 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 Mumbai?
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 Mumbai can complete offline verification. You can visit the local branch in Mumbai with physical KYC documents.
What is the grievance redressal and customer care escalation for SBI Securities in Mumbai?
For support in Mumbai, 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 Bhavan, BKC, Bandra East, Mumbai 400051).