Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf.

Geojit BNP Paribas is cash equity and derivatives broker with extensive experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance.

Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art online trading portal.

Geojit BNP Paribas is a stock market listed company and its stock are traded at NSE (GEOJIT) and BSE (532285).

Over the years the name of the company got changed from Geojit Securities Ltd. to Geojit Financial Services Ltd. (GFSL) and finally to Geojit BNP Paribas Financial Services LTD in April 2009.

Trade In: BSE and NSE

Online Stock Trading Platforms:

Geojit offers 2 different online trading platforms to its customers:

1. Gold Platform

   Gold Platform is an online browser based (website) stock trading platform provided by Geojit BNP Paribas. This platform is suitable for low volume stock market investors who want flexibility to trade any where they go. This Platform is offered absolutely FREE to all online customers. Gold Platform is ideal for those investors who are generally on move and may not be able to use their own computer for trading. Stock quotes in this web based application refreshes every second and provide latest update from the market.

2. Platinum Platform

   Platinum Platform is an Installable terminal based trading platform provided by Geojit BNP Paribas. This trading terminal is suitable for high volume intraday traders, who take advantage of minor movements in the price. Quotes are refreshes and orders are executed much faster then other browser based trading websites.

Brokerage and Account opening fees:

Account opening fees: Rs 600/- one time non refundable
Dematerialisation charges - Nil + courier charges @ Rs.35
Rematerialisation charges - Rs.10 for every hundred securities or part thereof ;} or Rs.10 per certificate, whichever is higher} + courier charges Rs.35 per scrip
Custody Charges - Nil

Brokerage:

1. For delivery based trading, Geojit brokerage is from 0.10% to 0.30%.
2. For Intra-day trading, Geojit brokerage is 0.01% to 0.03%.
3. For F&O trading, Geojit brokerage is Rs 30 to Rs 75 per lot.

How to open account with Geojit BNP Paribas?

There are 3 simple ways to open an account with Geojit.

• Call at one of the below number and ask to open an account with them.
  Toll Free No.: 1800 - 425 - 5501
  Other No: 0484 240 5822
• Visit one of their nearest branches.
  http://www.geojitbnpparibas.com/AboutUs/AboutUsMain.aspx?id=13[Geojit Branch Locater].
• Fill Online Account Application Form. http://www.geojitbnpparibas.com/AboutUs/AboutUsMain.aspx?id=16

Document required to open Geojit Trading Account

For opening a two-in-one account: i.e. Trading and Demat, Individual Investors require following documents:

• Photograph - Two recent passport size
• Proof of Bank Account (Copy of Bank Statement / Copy of first page of the Bank Pass Book / A cancelled cheque)
• Proof of Address (Passport, Driver's License, Ration Card, Voter's Identity card, Telephone bill, and Electricity bill, Bank Passbook / Bank Statement or Rent Agreement)
• Proof of Identity (PAN Card)

Advantages of Geojit BNP Paribas

1. Investors can place orders via phone by calling customer care (Toll free) or through respective branch.
2. Company has list of preferred backs including HDFC Bank, ICICI Bank, Citibank & Federal Bank, Punjab National Bank, Union Bank of India, Bank of India and IDBI Bank.
3. Facility to place online orders in Post-close session of NSE and BSE.
4. Daily market calls, Research Reports, Demat Holdings, change of Platform, etc are available though SMS.

Disadvantages of Geojit BNP Paribas

1. Company doesn’t offer 3 in 1 trading account like other popular brokers. Investor has to use banking services from other banks.
2. Slow website response time.

Useful links about Geojit BNP Paribas

1. Website: http://www.geojitbnpparibas.com/
2. Product Demo: https://gcc.geojit.net/demo/start.swf
3. Phone: 0484 240 5822
4. Toll Free: 1800-425-5501
5. Customer Care: https://gcc.geojit.net
6. E-Mail:customercare@geojit.com