Presenting a Unique opportunity to invest in high yielding Government Securities through “SBI DFHI Trade”. We will offer you “buy and sell price” and a buy and sell facility for select liquid scrips which are liquid on date. 
Should you desire to purchase or sell any other scrips not being offered by us under the product, including State Development Loans (SDLs), Please call 022-2262 5949 (Mr. Bhavesh/ Ms. Surya/ Ms. Anuja ).

Our Quotes

(You need to be registered with us)
Quotes are valid only for the date. Fresh quotes may also be posted by us during the day should the market situation so warrant.No quotes would be posted on saturdays, sundays and other such days when the debt market is closed.

The time of receipt of the order on our computer(for e-mail) or our fax machine (for faxes) would determine the deal consideration in such situations.

Who can trade with SBIDFHI ?

You can open CSGL Accounts (CSGL Account opening Form & CSGL Agreement) with us for keeping your Government Securities, State Development Loans & Treasury Bills and for ease of your transactions.

Our Charges:  None

Pre-requisites: Demat account or a CSGL account either with SBI DFHI or any bank/primary dealer.

Minimum amount of order Rs. 1 lac(face value) and in multiples  of Rs. 1 lac
                                               
For a single order of Rs.1 crore (face value) and above, please contact our dealer at  022-2262 5946. 
                                          
What about interest from last coupon?
Our price includes the interest from the last coupon date (interest is paid half yearly by RBI on all G-Secs through “coupons”)

How can I place my order?
Download the order form          
Determine the investment / sale amount from our quotes for all investments /sales falling in the range of Rs. 1 lac to less than Rs. 1 crore (face value).  For any investments /sales of Rs.1 crore(face value) and above,
please call our dealer at 022-2262 5946.
      
Send completed form via :
fax     : 022-2262 5968 / 22610483.   
Attn.  : Mr. Bhavesh / Ms. Surya / Ms. Anuja or you can mail it to:  newbusiness@sbidfhi.com 

Our confirmation will be e-mailed or faxed to you or you would be advised telephonically.

How do I settle funds/ scrips ?

For purchases made by you :
Transfer funds to the account of SBI DFHI on the same day through your SBI account (if securities are to be credited to your demat account) and the corresponding securities would be credited into your demat account at the earliest (It may take approx 10 working days).

 or

Instruct your Bank / Primary Dealer where you maintain CSGL account to settle the deal on your behalf.

For sales made by you :
Transfer the securities into the demat account of SBI DFHI on the same day and instruct your D.P (if the securities are held by you in a demat account) and SBI DFHI will transfer the funds into your SBI account the next day.

or

Instruct your Bank / Primary Dealer where you maintain CSGL account to settle the deal on your behalf.

What are the risks involved in trading in G-Secs. / T-Bills ?

Being Government Securities it is presupposed that there is zero principal or interest default risk as interest is paid half yearly and all G-Secs. / T-Bills are redeemed at face value on due dates.  However, all investments in debt securities are subject to market risk, i.e., the value at which they are traded could vary on a day to day basis, depending on market conditions.

What are the factors that determine the liquidity of scrips?

Liquidity is impacted by a number of factors, primarily demand & supply.  The total outstanding amount of the security, distribution of the security among Banks / Insurance Companies / PF Trusts, residual maturity are some of the major factors affecting liquidity.  However, if the security is newly issued / reissued then it is generally well traded in the market.

What are “benchmark scrips”?

FIMMDA identifies “benchmark scrips” on an on going basis. Theses scrips are the most traded in the market in the recent past.
These scrips attract widespread interest from various market participants.