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
Geojit BNP Paribas Logo Karvy Stock Broking Ltd Logo
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... Know more about Geojit BNP Paribas

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,

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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... Know more about Karvy Stock Broking Ltd
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 Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you.
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 Intraday0.025% (on Sell trade)
Equity Delivery0.1% (on Buy and Sell)
Equity Futures0.01% (on Sell trade)
Equity Options0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency FuturesNil
Currency OptionsNil
Commodities0.01% 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 No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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
  97 Customer Reviews    Rate Geojit 24 Customer Reviews    Rate Karvy
Fees 3.7 2.6
Trading Brokerage 3.3 2.4
Trading Platform Usability 4.1 2.7
Customer Service 3.8 2.2
Research Capabilities 3.0
Overall Ratings Rated 3.8 stars Rated 2.0 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 97 customer reviews Karvy is Rated 2.0 / 5 based on 24 customer reviews

Contact Broker / Request A Call Back

  Geojit Enquire Karvy Enquire
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Geojit Vs Karvy Investment Options

  Geojit Karvy
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance

Geojit Vs Karvy Customer Service

  Geojit Karvy
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes

Geojit Vs Karvy Order Type Offered

  Geojit Karvy
Bracket Order No
Cover Order No
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

Geojit Vs Karvy Research Report

  Geojit Karvy
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

Geojit Vs Karvy Suitable For Investor Type

  Geojit Karvy
Casual Investor Yes
Active Investor Yes

Geojit Vs Karvy - Advantages and Disadvantages

  Geojit Karvy

More Advantages...

  1. Pay ₹1200 one time and get life time free AMC demat account
  2. Offers investment in IPO and Mutual funds
  3. Free research reports
  4. 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...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

More Disadvantages...

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