Sharekhan Vs Geojit Share Broker Comparison
The side-by-side comparison of Sharekhan and Geojit BNP Paribas stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Geojit's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and Geojit.
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Sharekhan |
Geojit BNP Paribas |
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| 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
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MSEI, MCX |
BSE, NSE, MCX-SX |
| Account Type
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Classic Account |
Online Trading |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Sharekhan |
Geojit BNP Paribas |
| Trading Account Opening Fees
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₹0 (Free) |
NIL |
| Trading Account AMC
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₹0 (Free) |
NIL |
| Demat Account Opening Fees
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₹0 (Free) |
NIL |
| Demat Account AMC
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₹400 (Free for 1st year) |
Rs 600 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Sharekhan |
Geojit BNP Paribas |
| Account Type |
Classic Account |
Online Trading |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% |
0.30% |
| Equity Intraday Brokerage
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0.10% |
0.03% |
| Equity Futures Brokerage
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0.10% |
0.03% |
| Equity Options Brokerage
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₹100 per lot |
Rs 150 per contract |
| Currency Futures Trading Brokerage
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0.10% |
Rs 150 per contract |
| Currency Options Trading Brokerage
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₹30 per lot |
Rs 150 per contract |
| Commodity Futures Trading Brokerage
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0.10% |
NA |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Sharekhan |
Geojit BNP Paribas |
| Account Type |
Prepaid - ₹1 Lakh |
Online Trading |
| Fixed Charges
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₹1,00,000 per year |
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| Equity Delivery Brokerage
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0.10% |
0.30% |
| Equity Intraday Brokerage
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0.015% |
0.03% |
| Equity Futures Brokerage
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0.015% |
0.03% |
| Equity Options Brokerage
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0.05% or ₹63 per lot |
Rs 150 per contract |
| Currency Futures Trading Brokerage
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Rs 150 per contract |
| Currency Options Trading Brokerage
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Rs 150 per contract |
| Commodity Futures Trading Brokerage
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NA |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Sharekhan |
Geojit BNP Paribas |
| Account Type |
Margin - ₹1 Lakh |
Online Trading |
| Fixed Charges
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₹1,00,000 margin |
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| Equity Delivery Brokerage
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0.25% |
0.30% |
| Equity Intraday Brokerage
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0.05% |
0.03% |
| Equity Futures Brokerage
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0.05% |
0.03% |
| Equity Options Brokerage
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1% or ₹70 per lot |
Rs 150 per contract |
| Currency Futures Trading Brokerage
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Rs 150 per contract |
| Currency Options Trading Brokerage
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Rs 150 per contract |
| Commodity Futures Trading Brokerage
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NA |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share |
1p per share or Rs 20/contract whichever is higher |
| Other Brokerage Charges
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| Call & Trade Charges
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Taxes
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Sharekhan |
Geojit BNP Paribas |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Sharekhan |
Geojit BNP Paribas |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
0.00325% |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
0.00325% |
| Equity Futures
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NSE ₹190 | BSE ₹50 |
0.0021% |
| Equity Options
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NSE ₹5000 | BSE ₹50 |
0.055% on premium |
| Currency Futures
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NSE ₹135 | MCX ₹130 |
0.00145% |
| Currency Options
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NSE ₹4220 | MCX ₹3220 |
0.0473% on premium |
| Commodity
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MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
NA |
Exposure
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Sharekhan |
Geojit BNP Paribas |
| Equity Delivery
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6.67x for A group stock | 5x to 2.5x for B group stock |
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| Equity Intraday
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10x for A & B group stock |
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| Equity Futures
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66.67x for Indices futures | 40x to 22.5x for stock futures |
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| Equity Options
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0x |
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| Currency Futures
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| Currency Options
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| Commodity
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Share Broker Features
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Sharekhan |
Geojit BNP Paribas |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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TradeTiger |
SELFIE |
| Intraday Square-off Time
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3:30 PM |
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| Other Features
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Broker Ratings (Average User Rating)
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Sharekhan |
Geojit BNP Paribas |
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274 Customer Reviews  |
92 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Sharekhan is Rated 3.3 / 5 based on 274 customer reviews |
Geojit is Rated 3.8 / 5 based on 92 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Sharekhan |
Geojit BNP Paribas |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Loans, NRI Trading |
Insurance |
Customer Service Offered
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Sharekhan |
Geojit BNP Paribas |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Sharekhan |
Geojit BNP Paribas |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Sharekhan |
Geojit BNP Paribas |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Sharekhan |
Geojit BNP Paribas |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Sharekhan |
Geojit BNP Paribas |
| Pros
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- 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
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- 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 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.
More Disadvantages... |
| Reviews
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| Promo / Offers
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Free Trading & Demat Account (for limited time only)
Sharekhan offers 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.
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Enquire about Sharekhan
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Enquire about Geojit
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| Compare More Brokers |
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Zerodha
Zero Account Opening Fee