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Religare Vs Karvy (Compare Religare and Karvy)

The side-by-side comparison of Religare and Karvy. Compare Religare Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and Religare review.

Find out Religare Vs Karvy which is better and Religare Vs Karvy which is best.

Our Religare comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between Religare and Karvy.

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Religare Vs Karvy

  Religare Karvy Stock Broking Ltd
 
Religare Logo Karvy Stock Broking Ltd Logo
About the Broker Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s... Know more about Religare 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 BSE, NSE, MCX
Account Type My Saver Online Plan Retail Brokerage Plan
Broker Enquiry Open an Online Trading Account with Religare. 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 1994
Number of Branches 1500
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Religare Vs Karvy Charges

  Religare Karvy Stock Broking Ltd
Trading Account Opening Fees ₹500 ₹420
Trading Account AMC Nil ₹0
Demat Account Opening Fees Nil ₹0
Demat Account AMC ₹400 from second year onward ₹420
Demat Account is Mandatory? No No
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Religare Vs Karvy Brokerage

Brokerage Plan 1

  Religare Karvy Stock Broking Ltd
Account Type My Saver Online Plan Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage 0.50% to 0.10% 0.3%
Equity Intraday Brokerage 0.050% to 0.010% 0.03%
Equity Futures Brokerage 0.05% 0.03%
Equity Options Brokerage ₹70 per lot ₹30 per lot
Currency Futures Trading Brokerage 0.05% 0.03%
Currency Options Trading Brokerage ₹30 per lot ₹30 per lot
Commodity Futures Trading Brokerage 0.05% 0.03%
Commodity Options Trading Brokerage ₹30 per lot

Brokerage Plan 2

  Religare Karvy Stock Broking Ltd
Account Type My Saver Online Plan Premium Subscription Plan
Fixed Charges Rs 100000 per year
Equity Delivery Brokerage 0.50% to 0.10% 0.1%
Equity Intraday Brokerage 0.050% to 0.010% 0.01%
Equity Futures Brokerage 0.05% 0.01%
Equity Options Brokerage ₹70 per lot ₹10 per lot
Currency Futures Trading Brokerage 0.05% 0.01%
Currency Options Trading Brokerage ₹30 per lot ₹10 per lot
Commodity Futures Trading Brokerage 0.05% 0.01%
Commodity Options Trading Brokerage ₹30 per lot

Other Charges

Minimum Brokerage Charges 1p per share Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max Rs 50 per day)
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Religare Vs Karvy Taxes

  Religare 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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Religare Vs Karvy Transaction Charges

  Religare Karvy Stock Broking Ltd
Equity Delivery 0.0037% ₹325
Equity Intraday 0.0037% ₹325
Equity Futures 0.004% ₹230
Equity Options 0.06% on Premium ₹5500
Currency Futures 0.004% ₹325
Currency Options 0.06% on Premium
Commodity 0.0035% ₹300
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Religare Vs Karvy Exposure Margin

  Religare Karvy Stock Broking Ltd
Equity Delivery Upto 4x with 24% interest per year Upto 5x with 24% interest per year
Equity Intraday Upto 10x Upto 20x
Equity Futures Upto 3x Upto 4x
Equity Options Upto 3x for shorting Upto 4x for shorting
Currency Futures Upto 2x Nil
Currency Options 2x for shorting Nil
Commodity Futures Upto 3x Upto 4x
Commodity Options
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Religare and Karvy Feature Comparison

  Religare 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
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Odin Diet, Web, Dynami NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15
Other Features Mutual Fund, EMI Calculator Ask the expert, The Finapolis
Referral Program
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Religare Vs Karvy Review

  Religare Karvy Stock Broking Ltd
  71 Customer Reviews    Rate Religare 21 Customer Reviews    Rate Karvy
Fees Ratings 3.2 2.7
Trading Brokerage Rating 3.1 2.4
Trading Platform Usability 3.0 2.8
Customer Service Ratings 3.0 2.4
Overall Ratings Rated 2.9 stars Rated 2.1 stars
Broker Rating Religare is Rated 2.9 / 5 based on 71 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Religare Karvy Stock Broking Ltd
Contact / Request Call Back
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Religare Vs Karvy Investment Options

  Religare Karvy Stock Broking Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Religare Vs Karvy Customer Service

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

  Religare 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) No No
Good Till Cancelled (GTC) Yes
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Religare Vs Karvy Research Report

  Religare 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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Religare Vs Karvy Suitable For Investor Type

  Religare Karvy Stock Broking Ltd
Casual Investor Yes
Active Investor
Trader
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Religare Vs Karvy - Advantages and Disadvantages

  Religare Karvy Stock Broking Ltd
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.

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
  • EXE Based trading terminal are available for Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 50 per day in a segment).

More Disadvantages...

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

More Disadvantages...

Reviews
Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.

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