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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.

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Geojit Vs Karvy

  Geojit BNP Paribas Karvy Stock Broking Ltd
 
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 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. Open an Online Trading Account with Karvy. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Geojit Vs Karvy Charges

  Geojit BNP Paribas Karvy Stock Broking Ltd
Trading Account Opening Fees Rs 425 ₹420
Trading Account AMC NIL ₹0
Demat Account Opening Fees NIL ₹0
Demat Account AMC Rs 0 ₹420
Demat Account is Mandatory? No No
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Geojit Vs Karvy Brokerage

Brokerage Plan 1

  Geojit BNP Paribas Karvy Stock Broking Ltd
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 Rs 125 per contract ₹30 per lot
Currency Futures Trading Brokerage 0.03% 0.03%
Currency Options Trading Brokerage Rs 125 per contract ₹30 per lot
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  Geojit BNP Paribas Karvy Stock Broking Ltd
Account Type Online Trading Premium Subscription Plan
Fixed Charges Rs 100000 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 Rs 125 per contract ₹10 per lot
Currency Futures Trading Brokerage 0.03% 0.01%
Currency Options Trading Brokerage Rs 125 per contract ₹10 per lot
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges 1p per share or Rs 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
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Geojit Vs Karvy Taxes

  Geojit BNP Paribas Karvy Stock Broking Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Geojit Vs Karvy Transaction Charges

  Geojit BNP Paribas Karvy Stock Broking Ltd
Equity Delivery 0.00325% ₹325
Equity Intraday 0.00325% ₹325
Equity Futures 0.0021% ₹230
Equity Options 0.055% on premium ₹5500
Currency Futures 0.00145% ₹325
Currency Options 0.0473% on premium
Commodity NA ₹300
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Geojit Vs Karvy Exposure Margin

  Geojit BNP Paribas Karvy Stock Broking Ltd
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 NA Upto 4x
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Geojit and Karvy Feature Comparison

  Geojit BNP Paribas Karvy Stock Broking Ltd
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
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
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Geojit Vs Karvy Review

  Geojit BNP Paribas Karvy Stock Broking Ltd
  93 Customer Reviews    Rate Geojit 21 Customer Reviews    Rate Karvy
Fees Ratings 3.7 2.7
Trading Brokerage Rating 3.3 2.4
Trading Platform Usability 4.1 2.8
Customer Service Ratings 3.8 2.4
Overall Ratings Rated 3.8 stars Rated 2.1 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 93 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Geojit BNP Paribas Karvy Stock Broking Ltd
Contact / Request Call Back
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Geojit Vs Karvy Investment Options

  Geojit BNP Paribas Karvy Stock Broking Ltd
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
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Geojit Vs Karvy Customer Service

  Geojit BNP Paribas Karvy Stock Broking Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Geojit Vs Karvy Order Type Offered

  Geojit BNP Paribas Karvy Stock Broking Ltd
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes
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Geojit Vs Karvy Research Report

  Geojit BNP Paribas Karvy Stock Broking Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Geojit Vs Karvy Suitable For Investor Type

  Geojit BNP Paribas Karvy Stock Broking Ltd
Casual Investor Yes
Active Investor Yes
Trader
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Geojit Vs Karvy - Advantages and Disadvantages

  Geojit BNP Paribas Karvy Stock Broking Ltd
Pros

More Advantages...

  1. Offers investment in IPO and Mutual funds
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons 1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 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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