SBI Securities Vs Karvy (Compare SBI Securities and Karvy)
The side-by-side comparison of SBI Securities and Karvy. Compare SBI Securities Vs Karvy brokerage, charges, exposure margin, demat account. Read Karvy and SBI Securities review.
Find out SBI Securities Vs Karvy which is better and SBI Securities Vs Karvy which is best.
Our SBICAP Securities Ltd comparison with Karvy Stock Broking Ltd highlights the major differences between two brokers. Find the best between SBI Securities and Karvy.
SBI Securities Vs Karvy
SBI Securities
Karvy
Find more info about broker
About the Broker
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Deri...
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
BSE, NSE, MCX
Account Type
eZ-trade
Retail Brokerage Plan
Broker Enquiry
Year of Incorporation
2001
1985
Number of Branches
117
575
Enquire SBI Securities
SBI Securities Vs Karvy Charges
SBI Securities
Karvy
Trading Account Opening Fees
₹850
₹650
Trading Account AMC
₹0
₹0
Demat Account Opening Fees
₹0
₹0
Demat Account AMC
₹350
₹420
Demat Account is Mandatory?
No
No
SBI Securities Vs Karvy Brokerage
Brokerage Plan 1
SBI Securities
Karvy
Account Type
eZ-trade
Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.3%
Equity Intraday Brokerage
0.05%
0.03%
Equity Futures Brokerage
0.05%
0.03%
Equity Options Brokerage
₹100 per lot
₹30 per lot
Currency Futures Trading Brokerage
0.03%
0.03%
Currency Options Trading Brokerage
₹30 per lot
₹30 per lot
Commodity Futures Trading Brokerage
NA
0.03%
Commodity Options Trading Brokerage
NA
₹30 per lot
Special Offer
Brokerage Plan 2
SBI Securities
Karvy
Account Type
eZ-trade
Premium Subscription Plan of 100000
Fixed Charges
₹100,000 per year
Equity Delivery Brokerage
0.50%
0.1%
Equity Intraday Brokerage
0.05%
0.01%
Equity Futures Brokerage
0.05%
0.01%
Equity Options Brokerage
₹100 per lot
₹10 per lot
Currency Futures Trading Brokerage
0.03%
0.01%
Currency Options Trading Brokerage
₹30 per lot
₹10 per lot
Commodity Futures Trading Brokerage
NA
0.01%
Commodity Options Trading Brokerage
NA
₹10 per lot
Other Charges
Minimum Brokerage Charges
₹0.05 for Cash, ₹0.01 Future
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 call (after 30 free calls a month)
SBI Securities Vs Karvy Taxes
SBI Securities
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.
SBI Securities Vs Karvy Transaction Charges
SBI Securities
Karvy
Equity Delivery
NSE: 0.00386% | BSE: 0.00384%
₹325
Equity Intraday
NSE: 0.00386% | BSE: 0.00384%
₹325
Equity Futures
NSE: 0.002206% (₹221/Crore)
₹230
Equity Options
NSE: 0.05515% (₹5515/Crore)
₹5500
Currency Futures
0.002206%
₹325
Currency Options
NSE: 0.05515% (₹5515/Crore)
Commodity
₹300
SBI Securities Vs Karvy Exposure Margin
SBI Securities
Karvy
Equity Delivery
2x with Intrest
Upto 5x with 24% interest per year
Equity Intraday
Upto 5x
Upto 20x
Equity Futures
Nil
Upto 4x
Equity Options
Nil
Upto 4x for shorting
Currency Futures
Nil
Nil
Currency Options
Nil
Nil
Commodity Futures
NA
Upto 4x
Commodity Options
SBI Securities and Karvy Feature Comparison
SBI Securities
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
SBI Smart Express, SBI Smart Web, SBI Smart Mobile
NEST, Karvy Web, Trade Mobile
Intraday Square-off Time
2:45 PM
3:15
Other Features
Ask the expert, The Finapolis
Referral Program
SBI Securities Vs Karvy Review
SBI Securities
Karvy
130 Customer Reviews
24 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
SBI Securities is Rated 2.6 / 5 based on 130 customer reviews Karvy is Rated 2.0 / 5 based on 24 customer reviews
SBI Securities Vs Karvy Investment Options
SBI Securities
Karvy
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
SBI Securities Vs Karvy Customer Service
SBI Securities
Karvy
24/7 Customer Service
Onine Live Chat
Through Branches
SBI Securities Vs Karvy Order Type Offered
SBI Securities
Karvy
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
SBI Securities Vs Karvy Research Report
SBI Securities
Karvy
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
SBI Securities Vs Karvy Suitable For Investor Type
SBI Securities
Karvy
Casual Investor
Active Investor
Trader
SBI Securities Vs Karvy - Advantages and Disadvantages
SBI Securities
Karvy
Pros
Offer 3-in-1 account for seamless transactions.
Full-service broker offering services online as well as through branches.
Wide range of investment options.
Free research reports are available.
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
Installable Trading Terminal (exe) is not available for frequent traders.
Good Till Cancelled (GTC) orders are not available.
Very high brokerage.
Commodity (MCX) trading is not available.
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