Geojit Vs Karvy (Compare Geojit and Karvy)
The side-by-side comparison of Geojit and Karvy. Compare Geojit Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Geojit review.
Find out Geojit Vs Karvy which is better and Geojit Vs Karvy which is best.
Our Geojit BNP Paribas comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Geojit and Karvy.
Geojit Vs Karvy
Geojit
Karvy
Find more info about broker
About the Broker
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...
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
Need Help Moving to Another Broker?
Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services.
They offer Customized investment solutions to corporate, institut...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX-SX
BSE, NSE, MCX
Account Type
Online Trading
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
1987
1985
Number of Branches
509
575
Enquire Geojit
Geojit Vs Karvy Charges
Geojit
Karvy
Trading Account Opening Fees
₹425
₹650
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
₹0
₹420
Demat Account is Mandatory?
No
No
Geojit Vs Karvy Brokerage
Brokerage Plan 1
Geojit
Karvy
Account Type
Online Trading
Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.3%
Equity Intraday Brokerage
0.03%
0.03%
Equity Futures Brokerage
0.03%
0.03%
Equity Options Brokerage
₹125 per contract
₹30 per lot
Currency Futures Trading Brokerage
0.03%
0.03%
Currency Options Trading Brokerage
₹125 per contract
₹30 per lot
Commodity Futures Trading Brokerage
NA
0.03%
Commodity Options Trading Brokerage
NA
₹30 per lot
Special Offer
Brokerage Plan 2
Geojit
Karvy
Account Type
Online Trading
Premium Subscription Plan of 100000
Fixed Charges
₹100,000 per year
Equity Delivery Brokerage
0.30%
0.1%
Equity Intraday Brokerage
0.03%
0.01%
Equity Futures Brokerage
0.03%
0.01%
Equity Options Brokerage
₹125 per contract
₹10 per lot
Currency Futures Trading Brokerage
0.03%
0.01%
Currency Options Trading Brokerage
₹125 per contract
₹10 per lot
Commodity Futures Trading Brokerage
NA
0.01%
Commodity Options Trading Brokerage
NA
₹10 per lot
Other Charges
Minimum Brokerage Charges
1p per share or ₹20/contract whichever is higher
Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges
Geojit Vs Karvy Taxes
Geojit
Karvy
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Geojit Vs Karvy Transaction Charges
Geojit
Karvy
Equity Delivery
₹325 per Cr (0.00325%)
₹325
Equity Intraday
₹325 per Cr (0.00325%)
₹325
Equity Futures
₹210 per Cr (0.0021%)
₹230
Equity Options
₹5500 per Cr (0.05%)
₹5500
Currency Futures
₹145 per Cr (0.00145%)
₹325
Currency Options
₹4730 per Cr (0.0473%) on premium
Commodity
NA
₹300
Geojit Vs Karvy Exposure Margin
Geojit
Karvy
Equity Delivery
Upto 7x with 22% interest per year
Upto 5x with 24% interest per year
Equity Intraday
Upto 10x
Upto 20x
Equity Futures
No additional leverage
Upto 4x
Equity Options
No additional leverage
Upto 4x for shorting
Currency Futures
No additional leverage
Nil
Currency Options
No additional leverage
Nil
Commodity Futures
NA
Upto 4x
Commodity Options
Geojit and Karvy Feature Comparison
Geojit
Karvy
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Selfie Platinum, Selfie Gold, Mobile App
NEST, Karvy Web, Trade Mobile
Intraday Square-off Time
3:15
Other Features
Ask the expert, The Finapolis
Referral Program
Geojit Vs Karvy Review
Geojit
Karvy
96 Customer Reviews
24 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 96 customer reviews Karvy is Rated 2.0 / 5 based on 24 customer reviews
Geojit Vs Karvy Investment Options
Geojit
Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Insurance
Geojit Vs Karvy Customer Service
Geojit
Karvy
24/7 Customer Service
Onine Live Chat
Through Branches
Geojit Vs Karvy Order Type Offered
Geojit
Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Geojit Vs Karvy Research Report
Geojit
Karvy
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Geojit Vs Karvy Suitable For Investor Type
Geojit
Karvy
Casual Investor
Active Investor
Trader
Geojit Vs Karvy - Advantages and Disadvantages
Geojit
Karvy
Pros
More Advantages...
Pay ₹1200 one time and get life time free AMC demat account
Offers investment in IPO and Mutual funds
Free research reports
Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
More Advantages...
Cons
1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher. More Disadvantages...
Doesn't offer 3 in 1 account
Brokerage rates are negotiable
Higher brokerage compare to discount brokers
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee