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...
Stock Broker Review Ratings
37. Sebastian Mathew Jul 05, 2009 1:31:10 PM IST | Reply
I would like to invest shares in India. I am an austrlian citizen live in melboune.Please inform me all the procedures to open an account for on line trading.Your early reply highly appreciated.
Brokerage rates for Online Retail Trading ** provided linked demat account is with Geojit BNP Paribas Financial Services Ltd. Delivery-based Volumes * Volume *(Rs.) New Brokerage Rate < 10 lacs 0.30% (current) > 10 lac < 50 lac 0.25% > 50 lac < 1 cr 0.20% > 1 cr < 2 cr 0.15% > 2 cr 0.10% Intra-day Volumes * Volume *(Rs.) New Brokerage Rate < 2 cr 0.030% (current) > 2 cr < 6 cr 0.025% > 6 cr < 12 cr 0.020% > 12 cr < 15 cr 0.015% > 15 cr 0.010% F&O Volumes * Volume *(Rs.) New Brokerage(per lot)(Rs.) < 9 cr 75(current) > 9 cr < 18 cr 65 > 18cr < 27 cr 50 > 27cr < 36 cr 40 > 36 cr 30 * Applicable for a calendar month and should be achieved through online channels. ** Applicable to Ordinary Resident account only # Subject to minimum brokerage as under:
1. Rs.20 per Contract or 1 paisa per share whichever is higher subject to a maximum of 2.5% per share. 2. In case the contract note is delivered by post then Rs.20/- per Contract or 5 paisa per share whichever is higher subject to a maximum of 2.5% per share.
Fee Structure for Depository Services - Securities Account Opening Charges Nil 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 Transaction Charges A – Market trades a) For transaction through Geojit Debit (sales) Rs.16/- per transaction if the delivery is through DIS or POA without DCN Rs 11/- per transaction if the delivery is through POA/Speed-e with DCN Credit (purchase) Nil Late Delivery of Slips (Received on the payin day) will be charged @ Rs 25/- per Transaction b) For transaction through other brokers Debit (sales) Rs 50/- per transaction Credit Nil B – Off Market Trades Debit (sales) Rs. 15/- per transaction (if both accounts are with Geojit) Rs. 50/- per transaction for others Credit Nil Pledge charges Pledge creation Rs.50/- per transaction Pledge closure Nil Pledge invocation Rs.100/- per transaction Annual Maintenance Charges Resident Accounts
New Clients Rs. 300/- (Existing Clients),DCN Clients: Rs.250/-(Not Applicable in first FY for new clients)
Rs.300/-upfront or Rs.300/- payable equally in 4 Quarterly Installments of Rs.75/- each NRI Clients using electronic communication(DCN) Rs.300/-(Not Applicable in first FY/quarter for New clients) NRI Clients not using electronic communication
Speed-e AMC Rs. 1500/-
Rs. 1000/- for clients who trade with other brokers
Rs. 100/- Additional printout of statements will be charged @Rs. 25/- per statement per account 1. Stamp charges are applicable in Account Opening. 2. All charges are inclusive of Service Tax as applicable. 3. All charges are collected upfront by cash/cheque.
33. umeshchandra Jun 19, 2009 8:48:14 PM IST | Reply
I am a registered memeber.
Now I am working in oman, i would like to invest on shares
32. shaikh kashim Jun 01, 2009 8:44:30 PM IST | Reply
hi i am using geojit from the past 1.5 year i am very comfertable with there service and there online trading platform its fantastic you need java it works on java and it is quight fast to.
31. asokanizhalan May 27, 2009 8:01:19 PM IST | Reply
im a new comer for geojit as well as share trading is there any free demo for share trading and also intraday trading in geojit iwant the demo for intraday trading
30. Benny Varghese May 22, 2009 10:12:13 AM IST | Reply
i am a new comer I like to join in share marketing. What are the formalities for that and what are the things to do. Hope your valuable advice in this matter
request you to please provide me your telephone contact numbers on my email id
29. Mulangattukara Madhavan Rajan May 21, 2009 1:16:04 AM IST | Reply
Dear Sir I am a new comer I like to join in share marketing. What are the formalities for that and what are the things to do. Hope your valuable advice in this matter
28. KrishnamurthyM May 20, 2009 10:25:32 PM IST | Reply
I had worst expierience with geojit.They do not mail username and password .We need to persuade them for that
I understand your matter as I hav also faced this problem many times with my trading portal but it happened due to bad delivery from exchange itself and Geojit is not responsible for this problem but in this case u will not lost your money......
I have opened a/c with Religare in Jan 08, I was quiet new to this field, and no nothing about share market. The Franchise of Religare Cheated me, he charged Rs 1800 for the internet platform called R-ALLY, it never works and I am in the dark, when ever i called this man, he will tell, you contact Directly to religare customer care. since i am working in Qatar it is too expensive to call every time. so I am keeping quiet. i DONT KNOW whether they have some another browser based user-friendly platform which can be used for trading as well as investing. If anyone knows much about Religare please guide me to choose some other platform with the religare Thanks
I placed request on 13-5-2008 to buy 100 shares of a company,say X. Geojit issued contract note dated 13-5-2008. I made the cheque payment on the same date. It was noticed that the holding statement for the date 20-5-2008(almost one week after trading)did not include shares of this company X. Moreover,what surprised me was,a statement was issued to me that 66nos of shares of this company X were sold and the corresponding credit was given to my account.I had not requested for any sale of this (X) company's shares! I am not able to understand how the sale was effected without my request.On checking with the branch,I was informed that only 34 shares(of X)were allotted(from SEBI)instead of 100 nos applied for.It was also informed that it was due to 'bad delivery'. I am still not clear about this. Can there be any convincing clarification? Thanks.
I don't understand why they are charging Rs.300 every month for using Gold platform. It's alright for people who trade every day but what about investors who trade once in a while. Why pay 300 for not using the platform frequently?