SBI Securities Branch in Nagpur, Maharashtra
Tier 2Nagpur serves Vidarbha's commercial and trading ecosystem with active sub-broker franchisee networks and mutual fund distribution points. Complete guide to SBI Securities office address, customer care helpline, Depository Participant operations, offline KYC, and physical share dematerialisation in Nagpur.
Branch & Service Point Overview
Operational Address & Handling
Local Service Point & Address Details:
Authorized partner service desks and relationship desks across key financial zones in Nagpur: Ramdaspeth, Dhantoli, Civil Lines, Sadar, Wardha Road (Postal codes: 440010, 440012, 440001, 440015). 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, West High Court Road, Dharampeth, Nagpur 440010
Postal Pincodes: 440010, 440012, 440001, 440015
Demat & Physical Share Processing in Nagpur
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 Nagpur.
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 Nagpur 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 Nagpur
Other recognized Depository Participants and brokers with official registrations in Nagpur:
| Entity Name | SEBI Reg No | Category | Contact / Desk |
|---|---|---|---|
| BADJATE STOCK & SHARE PVT LTD | IN-DP-393-2018 | DP CDSL | KISHOR JOSHI |
Frequently Asked Questions: SBI Securities in Nagpur
Does SBI Securities have a physical office or branch in Nagpur?
SBI Securities operates in Nagpur via its backed by india's largest bank (state bank of india). While retail traders in Nagpur 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 Nagpur?
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 Nagpur?
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 Nagpur 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 Nagpur?
For support in Nagpur, 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, West High Court Road, Dharampeth, Nagpur 440010).