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Geojit BNP Paribas

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 experie... Know more about Geojit BNP Paribas

Geojit Stock Broker Review Ratings

86 votes  Rate Geojit

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.9 stars Rated 3.7 stars Rated 3.4 stars Rated 4.2 stars Rated 3.9 stars
174. an  Jan 4, 2013 1:44:06 PM IST Reply
geojith is not listed among "AMO" after market order tab in the grid comparison view.
"the after hours order placement" is listed as a feature in the geojith page.
173. MSK  Dec 6, 2012 11:01:36 PM IST Reply
Geojit''s Flip platform is undoubtedly a good one. But they can can still make it still better by improving. Currently it produces intraday which is not linked now), it could be of great help for all traders, as one can technical parameters and earn good sums from trades.

However, Geojit will not go for such enhancements, as they are least bothered of customers earnings. They just bothered for their brokerage. When it comes to brokerage charges, it might appear to be reasonable but in reality it is not.

I consider these brokerage rates are no less than day light robbery. Yes it is nothing but looting their own customers.
172. ANU  Aug 9, 2012 11:18:11 AM IST Reply
Geojit BNP Paribas is a very transparent and there Flip ME is a fantastic application and very good customer care support.

Anu M S
171. Ganesh  Jul 3, 2012 12:20:26 AM IST Reply
Hi Traders & investors
Geojit is very good flatform for trading & software flip is easy friendly &
Flexible brokerage compare to others very good support
From Branch Manager
Happyyyyy Trading.....
170. ANUPAMA WAKKAR  Jul 2, 2012 8:49:41 PM IST Reply
Dear Investors,
Be carefull before open9ing trading & demat account with Geojit. Their customer care is a very hopeless department. They will not understand your problem at all. but willl go on wrinting you you as reply for ypur question withought knowing the question.
They will also not give you credit of the shares you purchase in time. you will have to be after them evry time.
They will also send the remittance to any bank without knowing what is your default branch for the statory pay out. For last three qurter end i have faced this problem. when i wrote to them neither customercare nor grievacex committe is replying to my emails on the matter refered. You will be tossed from one deprtment to other for a indefiite period. But you will never get your problems solved.
Be carefull while opting for GEOJIT as your stock broker. I have lost faith on them & now I am taking up the matter with SEBI & NSDL.
THis is for your kind attention.

170.1. Arun  May 19, 2013 5:52:47 PM IST
Disastrous service ever..Totally agreed with above user..
169. R.S.K  Jun 26, 2012 6:59:36 PM IST Reply
168. Selvamani K.  May 11, 2012 10:04:46 AM IST Reply
The brokerages and other charges are very very high.Their suggestions for intraday trading and delivery based investment are very poor. The printout they give as account statement is confusing and not at all clear. They have to improve a lot in customer service.
167. ARVIND WAKKAR  Apr 19, 2012 3:21:13 PM IST Reply
All my family demat, trading accounts were with them for more than 10 years. However, for last two years their services especialy customercare are very bad. I get irritated with their irrelevent querries & SO CALLED ADVISES. therefore, i have decided to sever the long kept relation with them. GOD SAVE THE CLIENTS OF geojit.


Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
166. hello  Mar 21, 2012 12:31:28 AM IST Reply
Worst Support from their Executives.

Their brokerages are kinning!!no Flexibility!!Remember that these are 3 rd parties who gain money through customer tradings and yet they monopolize.There are very many other platforms and competitive.

Flip Gold had severe SQL errors and i was tired sending them the attachments.They were complaining about my internet connection(512kbps broadband) and i encountered no issues with other platform run at the same time.

I will be closing their account with immediate effect.CHEATERS!!!!!!!!!!!
165. Sunil S  Dec 1, 2011 10:08:54 PM IST Reply
Geojit has two platform options available for trading. I use the lite platform which is very hassle free and light. It takes very less time to put a order.

Also the customer care site is very transparent when it comes to giving details about daily transaction.

To top all, the brokerage is very competitive. I changed from a very renowed broker to Geojit and I am happy about my switch.


Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
164. Geojit bnp paribas  Dec 1, 2011 9:32:29 AM IST Reply
Did You Konw - 29 :- Shares sold in pending settlement.
Shares sold in pending settlement.
Flip provides clients with the facility of selling the shares before T+2; but risk has to be borne by the client if there is a shortage in payout.
Geojit Bnpp provides settlement guarantee for around 300 scrips where in the clients can sell shares before T+2, list of scrips are available in gcc and sites.
163. Geojit bnp paribas  Nov 30, 2011 9:38:49 AM IST Reply
Did You Konw - 28 :- Portfolio screen of Flip terminals gives a complete view of shares a client hold.
It consists of.
Shares which are in pending settlement.
Shares in pool.
Shares in client's Normal DP.
Shares in Margin Funding DP.
FAO/Currency open positions.
MFSS units.

Unique feature of this system is that a client will get the live updated portfolio value at any point of time.
162. Geojit bnp paribas  Nov 29, 2011 9:49:46 AM IST Reply
Did You Konw - 27 :- Passwords for customers. Passwords for customers.

Forgot password link in Customer care/Trading sites can be used by a client who have lost or forgotten his password.
In normal circumstances, It takes around 15-20 Minutes to get a new password in the Registered email id of the client.
New password is sent in a PDF file with password protected.
Password for opening the PDF file is a combination of TIN+1st 4 characters of PAN.
If TIN is not known to the client he can give the Forgot Tin link provided in the Customer care/Trading sites.
Forgot password can be given only by those clients who have an registered email id.

We have one password concept which can be used across all logins ie; Customer care site/Gold/Lite/Platinum/Flip Me.
161. Geojit bnp paribas  Nov 28, 2011 10:16:49 AM IST Reply
Did You Konw - 26 :- Average Rate in Portfolio of Flip Terminals.
Average Rate in Portfolio of Flip Terminals.
Average Rate is taken from P/L statement of Geojit Customer Care(GCC)/
FIFO method is followed for arriving at the average rate.
If there is a mismatch in the buy/sell quantity, average rate won’t show in gcc/ If average rate is not shown then client will have to correct his GCC page by placing relevant entries.
Entries to be made for IPO (only for past IPO’S), Right issues, off market shares. Facility to input the correct quantity/price is provided in Customer care site.
GCC P/L will automatically update the changes due to Bonus, Stock Split & forth coming IPO’S.
160. Geojit bnp paribas  Nov 26, 2011 10:28:16 AM IST Reply
Did You Konw - 25 :- After Market Orders (Offline orders).
After Market Orders (Offline orders).
Online clients can place after market orders from all platforms (Platinum, Gold, Lite, Flip Me).
Available across all products (Cash, BTST, Intraday, MTF, FAO, currency, MFSS).
Timing : 4.15PM to 8.45 AM & for CDS it is 5.15 PM to 8.45 AM.
Clients can place “After market orders” for Pre open Phase also.
Market orders are given preference while transferring shares to exchange.
Details of After Market orders placed can be viewed through “Offline order report” both for clients and branches through Flip terminals.
159. Geojit bnp paribas  Nov 25, 2011 10:45:02 AM IST Reply
Did You Konw - 24 :- Margin Funding (MTF) through Flip.
Margin Funding (MTF) through Flip.
Client needs to mark the trade as MTF while placing orders .
If MTF ledger is funded with additional 50% apart from the mandatory requirement of 50%, then no interest is charged on the MTF holdings.
Clients can transfer extra funds from normal ledger to MTF ledger using the link MTF Fund transfer request provided in Customer care site.
Buying power = Normal ledger+ MTF ledger.
Under Portfolio of flip terminals the shares lying in MTF DP will be shown separately.
Customer care site also gives information like Eligible scrips in MTF, ledger statement, holding statement of MTF etc
158. Geojit bnp paribas  Nov 25, 2011 10:40:13 AM IST Reply
Hi Intra Day Trader ,

Wel come to Geojit. 20/- Brokerage means minimum 20/- brokerage for intraday for an online client.
For example if you bought some shares of Rs. 30000/- and sold them at 35000/- it means you have done a volume of 65000/- so brokerage will be 19.50/- as intraday day brokerage is 0.03% or Minimum 20/- or 1 paisa per share whichever is higher. so in this case you will be charge 20/-.
We provide upto 10 time exosure for intraday, for example you will have to give only 10% if you want to buy 100 reliance for intraday.
We have a experianced technical team who gives calls during market hours in your trading terminal.
You can trade with us in three diffrenet ways.
1. Flip Platinium Software.
2. Flip Gold platforme
3. Flip-Me Mobile Software
or through any branch in the country, or through customer care toll free no.
Flip-Me is our mobile based award winning software.
Regarding AMOs, it is not true that AMO orders placed after 10.30am, after market get open orders sends to exchange at the same time but it depends when your order come because the procedure is FIFO.

Hope your queries solved.
157. Intra Day Trader  Nov 24, 2011 5:47:19 PM IST Reply
I have an account with ICICI and Reliance already. ICICI has a very high brokerage which led me to Reliance. Account with reliance is a new account and I have not started using it to its full capacity yet.

I came to know about Geojit recently. First thing that attracted me to it was Rs 20/- brokerage as I am a intraday trader and brokerage kills me.

So can somebody confirm if this is true and also explain the brokerage structure in short. Specially the intra day margin trading brokerage.

Also how well are the technical support, analysis, news tips provided by Geojit??
The real time streaming is it fast??

What about AMOs?? I read somewhere that the AMOs get placed after 10:30 AM is it true???

Please reply!!!!
156. Geojit bnp paribas  Nov 23, 2011 10:17:14 AM IST Reply
Did You Konw - 24 :- Margin Funding (MTF) through Flip.
Margin Funding (MTF) through Flip.
Client needs to mark the trade as MTF while placing orders .
If MTF ledger is funded with additional 50% apart from the mandatory requirement of 50%, then no interest is charged on the MTF holdings.
Clients can transfer extra funds from normal ledger to MTF ledger using the link MTF Fund transfer request provided in Customer care site.
Buying power = Normal ledger+ MTF ledger.
Under Portfolio of flip terminals the shares lying in MTF DP will be shown separately.
Customer care site also gives information like Eligible scrips in MTF, ledger statement, holding statement of MTF etc.
155. Geojit bnp paribas  Nov 22, 2011 10:28:40 AM IST Reply
Did You Konw - 23 :- Payin Through NEFT/RTGS
Payin Through NEFT/RTGS.
All clients of Geojit Bnpp can transfer funds using NEFT/RTGS.
Clients can initiate this fund transfer from any bank account which is Regd with us.
Clients should do this by visiting his bank portal or can submit the request to the nearest branch.
NEFT/RTGS arrangements has been made with Citi Bank or Bnp Paribas.
Account number and other details to which the credit has to be given is provided in the Customer care Site.
Once the amount is received, automatically the buying power is updated.

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