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.
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...
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
Geojit Vs Karvy Charges
Geojit
Karvy
Trading Account Opening Fees
Rs 425
₹650
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
Rs 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
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
₹30 per lot
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
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
₹10 per lot
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
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
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
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
94 Customer Reviews
21 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Geojit is Rated 3.8 / 5 based on 94 customer reviews
Karvy is Rated 2.1 / 5 based on 21 customer reviews
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.
Karvy - Zero Account Opening Fee + Up to ₹5500 Brokerage Refund
Open Demat and Trading account with Karvy Stock Broking for free (₹650 waived) and get up to ₹5500 brokerage back based on the brokerage generated for the period of 30 days from account opening.
Interested in opening a trading account? Request Callback from Karvy Stock Broking.
Zerodha
Zero Account Opening Fee