Question: What Is SBI Smart Limit?

Is Zerodha really free?

This platform is absolutely free since August 24, 2018.

Here, you can make your investments without any commissions.

With the help of Zerodha Coin, you can have Direct mutual funds in DEMAT form, with the convenience of one portfolio across equity, MF, currency, etc..

How do you do stop loss?

Placing a stop-loss order is ordinarily offered as an option through a trading platform whenever a trade is placed, and it can be modified at any time. A stop-loss order effectively activates a market order once a price threshold is triggered. Traders customarily place stop-loss orders when they initiate trades.

How can I change my SBI smart order?

In the order book, you can see your initiated order and stop loss order. You can modify your stop loss trigger price by clicking here. Enter the desired price in the field and click on MODIFY. Confirmation pop up appears.

What is limit amount in SBI smart?

three balancesLimit comprises three balances, i.e., Lien, Ledger, and Collateral Balance. Lien: This is a balance that shows the amount blocked by you in your bank account for trading purposes.

What is obligations in SBI smart?

Obligations refer to selling of shares on the next trading day after they are purchased in delivery. Obligation screen is a facility which supports this activity. Details:- Obligations. allow you to sell the shares that you have purchased in delivery even before those shares are credited to your demat account.

How can I set stop loss in SBI smart?

Here you have to enter the stop loss price for your trade. Select the validity as Day from the drop down and click on BUY. The Order Preview screen appears with the details of your order placed. Click on CONFIRM to confirm the same.

What is trigger price?

Trigger price is the price mentioned by a trader at which the stock exchange (for instance BSE, NSE etc) makes an order for buy or sell active for execution. Trigger prices need to be set in stop-loss limit and stop-loss market orders.

Is SBI demat account free?

Demat Services Online Facility This convenient and paper free facility lets you operate from the comfort of your home or office through SBI’s Internet Banking Facility –

How can I buy NFO in SBI smart?

You can view and place orders in NFO by clicking on NFO option from Market drop down. To view the active NFO schemes, click on Active radio button. Click on Closed radio button to view closed NFO schemes. To apply for a particular NFO scheme, select Buy from the drop down against your desired scheme.

How can I know my SBI lien amount?

You can check the Lien amount under Home tab > Under Limits option. Here you can view the details of the lien amount marked by you.

How do I get a lien removed?

Login to your online banking account ( and click on “Requests” tab and select “State Bank Virtual Card” option.Click on “Cancel Virtual Card” tab.After you confirm the action, the lien on the amount will be automatically released.

What is IOC in SBI smart?

IOC Order An Immediate or Cancel (IOC) order allows the user to buy or sell a Page 7 security as soon as the order is released into the system, failing which the order is cancelled from the system. Partial match is possible for the order and the unmatched portion of the order is cancelled immediately.

What is lien amount?

In simple terms, the Lien Amount is the Lock Amount. SBI puts a lock on the amount, and the amount gets frozen. The account holders can’t withdraw the locked amount unless the bank removes the lien or lock.

What is difference between day and IOC?

DAY – A Day order, as the name suggests, is an order which is valid for the day on which it is entered. … IOC – An Immediate or Cancel (IOC) order allows a Trading Member to buy or sell a security as soon as the order is released into the market, failing which the order will be removed from the market.

Can lien amount be withdrawn?

No, one will not be able to withdraw the amount which has been marked lien until the person is settling the dues. Till the lien is getting lifted one will not be able to withdraw or use that amount and all the cheques that will be issued from that account will get bounced.

Is SBI smart good?

SBI Smart mobile app is rated as bad as 2.8 out of 5 with more than 50% ratings as ‘poor’.

What is order entry in SBI smart?

order is Market type, the price. window will automatically be. disabled and take your order at. Market price.

Is SBI demat account good?

You can safely open a demat account in SBI Cap Securities and carry out your trading transactions through the demat account. The brokerage fees are rational. This makes it very profitable for you to do business with the State Bank of India. You do not end up paying a large part of your profits as brokerage fees.