Sharekhan Vs Geojit (Compare Sharekhan and Geojit)
The side-by-side comparison of Sharekhan and Geojit. Compare Sharekhan Vs Geojit brokerage, charges, exposure margin, demat account. Read Geojit and Sharekhan review.
Find out Sharekhan Vs Geojit which is better and Sharekhan Vs Geojit which is best.
Our Sharekhan comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between Sharekhan and Geojit.
Sharekhan Vs Geojit
Sharekhan
Geojit
Find more info about broker
About the Broker
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f...
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...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX-SX
Account Type
Classic Account
Online Trading
Broker Enquiry
Year of Incorporation
2000
1987
Number of Branches
2800
509
Enquire Sharekhan
Enquire Geojit
Sharekhan Vs Geojit Charges
Sharekhan
Geojit
Trading Account Opening Fees
₹0 (Free)
₹425
Trading Account AMC
₹0 (Free)
NIL
Demat Account Opening Fees
₹0 (Free)
NIL
Demat Account AMC
₹400 (Free for 1st year)
₹0
Demat Account is Mandatory?
No
No
Sharekhan Vs Geojit Brokerage
Brokerage Plan 2
Sharekhan
Geojit
Account Type
Prepaid - ₹1 Lakh
Online Trading
Fixed Charges
₹1,00,000 per year
Equity Delivery Brokerage
0.10%
0.30%
Equity Intraday Brokerage
0.015%
0.03%
Equity Futures Brokerage
0.015%
0.03%
Equity Options Brokerage
0.05% or ₹63 per lot
₹125 per contract
Currency Futures Trading Brokerage
0.03%
Currency Options Trading Brokerage
₹125 per contract
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
NA
Brokerage Plan 3
Sharekhan
Geojit
Account Type
Margin - ₹1 Lakh
Online Trading
Fixed Charges
₹1,00,000 margin
Equity Delivery Brokerage
0.25%
0.30%
Equity Intraday Brokerage
0.05%
0.03%
Equity Futures Brokerage
0.05%
0.03%
Equity Options Brokerage
1% or ₹70 per lot
₹125 per contract
Currency Futures Trading Brokerage
0.03%
Currency Options Trading Brokerage
₹125 per contract
Commodity Futures Trading Brokerage
NA
Commodity Options Trading Brokerage
NA
Other Charges
Minimum Brokerage Charges
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
1p per share or ₹20/contract whichever is higher
Other Brokerage Charges
Call & Trade Charges
Rs 20
Sharekhan Vs Geojit Taxes
Sharekhan
Geojit
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.
Sharekhan Vs Geojit Transaction Charges
Sharekhan
Geojit
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹325 per Cr (0.00325%)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹275 per Cr (0.00275%) (each side)
₹325 per Cr (0.00325%)
Equity Futures
NSE ₹190 per Cr (0.0019%) | BSE ₹50 per Cr (0.00035) (each side)
₹210 per Cr (0.0021%)
Equity Options
NSE ₹5000 per Cr (0.05%) | BSE ₹50 per Cr (0.0005%) (on premium)
₹5500 per Cr (0.05%)
Currency Futures
NSE ₹135 per Cr (0.00135%) | MCX ₹130 per Cr (0.00130%)
₹145 per Cr (0.00145%)
Currency Options
NSE ₹4220 per Cr (0.04220%) | MCX ₹3220 per Cr (0.03220%) (on premium)
₹4730 per Cr (0.0473%) on premium
Commodity
MCX (Non-Agri) ₹230 per Cr (0.0023%) | MCX (Agri) ₹95 per Cr (0.00095%)
NA
Sharekhan Vs Geojit Exposure Margin
Sharekhan
Geojit
Equity Delivery
Upto 5x with 24% interest per year
Upto 7x with 22% interest per year
Equity Intraday
Upto 10x
Upto 10x
Equity Futures
2x for Intraday
No additional leverage
Equity Options
Nil
No additional leverage
Currency Futures
Nil
No additional leverage
Currency Options
Nil
No additional leverage
Commodity Futures
Upto 2x for Intraday
NA
Commodity Options
Sharekhan and Geojit Feature Comparison
Sharekhan
Geojit
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
TradeTiger, Sharekhan Mobile
Selfie Platinum, Selfie Gold, Mobile App
Intraday Square-off Time
3:30 PM
Other Features
Pattern finder, Class room training
Referral Program
Sharekhan Vs Geojit Review
Sharekhan
Geojit
283 Customer Reviews
96 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Sharekhan is Rated 3.3 / 5 based on 283 customer reviews Geojit is Rated 3.8 / 5 based on 96 customer reviews
Sharekhan Vs Geojit Investment Options
Sharekhan
Geojit
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Loans, NRI Trading
Insurance
Sharekhan Vs Geojit Customer Service
Sharekhan
Geojit
24/7 Customer Service
Onine Live Chat
Through Branches
Sharekhan Vs Geojit Order Type Offered
Sharekhan
Geojit
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Sharekhan Vs Geojit Research Report
Sharekhan
Geojit
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Sharekhan Vs Geojit Suitable For Investor Type
Sharekhan
Geojit
Casual Investor
Active Investor
Trader
Sharekhan Vs Geojit - Advantages and Disadvantages
Sharekhan
Geojit
Pros
It has a strong network of over 1950 branches across India.
The fund transfer from and to the trading account is free.
The share transfer from and to the DP account is free when trading from Sharekhan trading account.
The 'TradeTiger' is the most popular trading terminal in India.
Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
Stock SIP is available.
Loan against shares, margin funding, ipo financing and ESOP funding is available.
More Advantages...
More Advantages...
Cons
Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
Sharekhan brokerage is high in comparison to the discount brokers.
Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.
More Disadvantages...
1. Very high Options trading brokerage charges. Geojit charges ₹125 per contract for Intraday Options and ₹150 per contract for Options carry forward positions.
2. Geojit charges minimum brokerage of ₹20 per Contract or 1 paisa per share whichever is higher.
3. Paper contract note by post cost additional ₹20 per Contract or 5 paisa per share whichever is higher. More Disadvantages...
Reviews
Promo / Offers
Free Trading & Demat Account (for limited time only) Get FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.
This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.
Zerodha
Zero Account Opening Fee