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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.

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SBI Securities Vs Karvy

  SBICAP Securities Ltd Karvy Stock Broking Ltd
 
SBICAP Securities Ltd Logo Karvy Stock Broking Ltd Logo
About the Broker SBICAP Securities Ltd (SSL) is a 100% subsidiary of SBI Capital Markets Ltd. Services offered by SBICAP includes Institution Equity, Retail Equity, Derivatives, Broking, Depository Participant services and E-Broking. They also provide online trading ... Know more about SBICAP Securities Ltd 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 BSE, NSE, MCX
Account Type eZ-trade Retail Brokerage Plan
Broker Enquiry Open an Online Trading Account with SBI Securities. 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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SBI Securities Vs Karvy Charges

  SBICAP Securities Ltd Karvy Stock Broking Ltd
Trading Account Opening Fees ₹850 ₹420
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹350 ₹420
Demat Account is Mandatory? No No
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SBI Securities Vs Karvy Brokerage

Brokerage Plan 1

  SBICAP Securities Ltd Karvy Stock Broking Ltd
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 Rs 30 per lot ₹30 per lot
Commodity Futures Trading Brokerage NA 0.03%
Commodity Options Trading Brokerage NA

Brokerage Plan 2

  SBICAP Securities Ltd Karvy Stock Broking Ltd
Account Type eZ-trade Premium Subscription Plan
Fixed Charges Rs 100000 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 Rs 30 per lot ₹10 per lot
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA

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)
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SBI Securities Vs Karvy Taxes

  SBICAP Securities Ltd 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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SBI Securities Vs Karvy Transaction Charges

  SBICAP Securities Ltd Karvy Stock Broking Ltd
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
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SBI Securities Vs Karvy Exposure Margin

  SBICAP Securities Ltd Karvy Stock Broking Ltd
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 NA Upto 4x
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SBI Securities and Karvy Feature Comparison

  SBICAP Securities Ltd Karvy Stock Broking Ltd
3 in 1 Account Yes No
Charting No Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
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
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SBI Securities Vs Karvy Review

  SBICAP Securities Ltd Karvy Stock Broking Ltd
  126 Customer Reviews    Rate SBI Securities 21 Customer Reviews    Rate Karvy
Fees Ratings 3.2 2.7
Trading Brokerage Rating 2.8 2.4
Trading Platform Usability 2.7 2.8
Customer Service Ratings 2.8 2.4
Overall Ratings Rated 2.6 stars Rated 2.1 stars
Broker Rating SBI Securities is Rated 2.6 / 5 based on 126 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  SBICAP Securities Ltd Karvy Stock Broking Ltd
Contact / Request Call Back
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SBI Securities Vs Karvy Investment Options

  SBICAP Securities Ltd 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
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SBI Securities Vs Karvy Customer Service

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

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

  SBICAP Securities Ltd 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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SBI Securities Vs Karvy Suitable For Investor Type

  SBICAP Securities Ltd Karvy Stock Broking Ltd
Casual Investor Yes Yes
Active Investor
Trader
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SBI Securities Vs Karvy - Advantages and Disadvantages

  SBICAP Securities Ltd Karvy Stock Broking Ltd
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...

  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
  • 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...

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

More Disadvantages...

Reviews
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