Geojit Customer Reviews, Complaints and Feedback (Page 6)
1.51% 250,553 Clients
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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 experience in Portfolio Management Services and the distribution of financial products: mutual funds and life insurance.
Geojit provides stock trading at NSE and BSE stock exchanges through a strong network of around 500 branches and its state of art onl...
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Did You Konw - 28 :- Portfolio screen of Flip terminals gives a complete view of shares a client hold. It consists of. Shares which are in pending settlement. Shares in pool. Shares in client's Normal DP. Shares in Margin Funding DP. FAO/Currency open positions. MFSS units.
Unique feature of this system is that a client will get the live updated portfolio value at any point of time.
Did You Konw - 27 :- Passwords for customers. Passwords for customers.
Forgot password link in Customer care/Trading sites can be used by a client who have lost or forgotten his password. In normal circumstances, It takes around 15-20 Minutes to get a new password in the Registered email id of the client. New password is sent in a PDF file with password protected. Password for opening the PDF file is a combination of TIN+1st 4 characters of PAN. If TIN is not known to the client he can give the Forgot Tin link provided in the Customer care/Trading sites. Forgot password can be given only by those clients who have an registered email id.
We have one password concept which can be used across all logins ie; Customer care site/Gold/Lite/Platinum/Flip Me.
Did You Konw - 26 :- Average Rate in Portfolio of Flip Terminals. Average Rate in Portfolio of Flip Terminals. Average Rate is taken from P/L statement of Geojit Customer Care(GCC)/Geojit.net. FIFO method is followed for arriving at the average rate. If there is a mismatch in the buy/sell quantity, average rate won’t show in gcc/geojit.net. If average rate is not shown then client will have to correct his GCC page by placing relevant entries. Entries to be made for IPO (only for past IPO’S), Right issues, off market shares. Facility to input the correct quantity/price is provided in Customer care site. GCC P/L will automatically update the changes due to Bonus, Stock Split & forth coming IPO’S.
Did You Konw - 25 :- After Market Orders (Offline orders). After Market Orders (Offline orders). Online clients can place after market orders from all platforms (Platinum, Gold, Lite, Flip Me). Available across all products (Cash, BTST, Intraday, MTF, FAO, currency, MFSS). Timing : 4.15PM to 8.45 AM & for CDS it is 5.15 PM to 8.45 AM. Clients can place “After market orders” for Pre open Phase also. Market orders are given preference while transferring shares to exchange. Details of After Market orders placed can be viewed through “Offline order report” both for clients and branches through Flip terminals.
Did You Konw - 24 :- Margin Funding (MTF) through Flip. Margin Funding (MTF) through Flip. Client needs to mark the trade as MTF while placing orders . If MTF ledger is funded with additional 50% apart from the mandatory requirement of 50%, then no interest is charged on the MTF holdings. Clients can transfer extra funds from normal ledger to MTF ledger using the link MTF Fund transfer request provided in Customer care site. Buying power = Normal ledger+ MTF ledger. Under Portfolio of flip terminals the shares lying in MTF DP will be shown separately. Customer care site also gives information like Eligible scrips in MTF, ledger statement, holding statement of MTF etc
Wel come to Geojit. 20/- Brokerage means minimum 20/- brokerage for intraday for an online client. For example if you bought some shares of Rs. 30000/- and sold them at 35000/- it means you have done a volume of 65000/- so brokerage will be 19.50/- as intraday day brokerage is 0.03% or Minimum 20/- or 1 paisa per share whichever is higher. so in this case you will be charge 20/-. We provide upto 10 time exosure for intraday, for example you will have to give only 10% if you want to buy 100 reliance for intraday. We have a experianced technical team who gives calls during market hours in your trading terminal. You can trade with us in three diffrenet ways. 1. Flip Platinium Software. 2. Flip Gold platforme 3. Flip-Me Mobile Software or through any branch in the country, or through customer care toll free no. Flip-Me is our mobile based award winning software. Regarding AMOs, it is not true that AMO orders placed after 10.30am, after market get open orders sends to exchange at the same time but it depends when your order come because the procedure is FIFO.
Hi, I have an account with ICICI and Reliance already. ICICI has a very high brokerage which led me to Reliance. Account with reliance is a new account and I have not started using it to its full capacity yet.
I came to know about Geojit recently. First thing that attracted me to it was Rs 20/- brokerage as I am a intraday trader and brokerage kills me.
So can somebody confirm if this is true and also explain the brokerage structure in short. Specially the intra day margin trading brokerage.
Also how well are the technical support, analysis, news tips provided by Geojit?? The real time streaming is it fast??
What about AMOs?? I read somewhere that the AMOs get placed after 10:30 AM is it true???
Did You Konw - 24 :- Margin Funding (MTF) through Flip. Margin Funding (MTF) through Flip. Client needs to mark the trade as MTF while placing orders . If MTF ledger is funded with additional 50% apart from the mandatory requirement of 50%, then no interest is charged on the MTF holdings. Clients can transfer extra funds from normal ledger to MTF ledger using the link MTF Fund transfer request provided in Customer care site. Buying power = Normal ledger+ MTF ledger. Under Portfolio of flip terminals the shares lying in MTF DP will be shown separately. Customer care site also gives information like Eligible scrips in MTF, ledger statement, holding statement of MTF etc.
Did You Konw - 23 :- Payin Through NEFT/RTGS Payin Through NEFT/RTGS. All clients of Geojit Bnpp can transfer funds using NEFT/RTGS. Clients can initiate this fund transfer from any bank account which is Regd with us. Clients should do this by visiting his bank portal or can submit the request to the nearest branch. NEFT/RTGS arrangements has been made with Citi Bank or Bnp Paribas. Account number and other details to which the credit has to be given is provided in the Customer care Site. Once the amount is received, automatically the buying power is updated.
Did You Konw - 21 :- Geojit Customer Care site(GCC). Geojit Customer Care site(GCC). All customers (Online /Offline) of Geojit BNP Paribas can access the customer care site (GCC). It can be directly logged in using Geojit Web site or can be accessed through Flip Terminals. GCC gives details of a clients ledger, holding statement of DP, Mutual Fund Holdings, FAO/CDS positions, MTF transactions, Contract notes(DCN), Profit and Loss statements, IPO Online, Closing Rates, Resistance/Support level of scrips.
Did You Konw - 20 :- Online Fund transfer Banks available for Payin. Online Fund transfer Banks available for Payin. Axis Bank, HDFC Bank, ICICI Bank, CITI Bank, State Bank of India, Federal Bank, Union Bank of India, IDBI Bank, Punjab National Bank, Bank of India. With in few seconds all online/offline clients buying power can be updated & this is the fastest method by which a client can update the buying power.
Did You Konw - 18 :- IPO Online. IPO Online. IPO online is available for all Online and Offline clients. All clients can login to customer care and apply for Online IPO. Clients can also place their requests by calling the call centre using their TIN/PIN. Cut off time for Online IPO is at 12 PM on the closing day of IPO.
Did You Konw - 17 :- Exposure against holding. Exposure against holding. Provided to clients who have signed the New T&C. Provided to Cash & Futures segments. For futures, exposures will be available only for those holdings which are permitted for pledge by exchange. Exposures are NOT Provided to IPO, Mutual Funds, Option (long) & MTF.
Note:-Those clients wish to trade only with their cash balances has the provision to cancel such exposures.
Did You Konw - 16 :- We can give payout directly to the client’s bank account. We can give payout directly to the client’s bank account. Direct credit :- If Clients bank account is with HDFC Bank, Axis Bank, Federal Bank, CITI Bank, ICICI Bank or State Bank of India. NEFT/RTGS :- If Clients bank account is other than the banks mentioned above; for this the client has to update his IFSC code in our records.
1) Very transparent/reasonable brokerages and charges. 2) Extremely convenient streaming online trading portal. 3) Customer support executives very well equipped with the latest information (My experience with ICICI Direct showed that their customer support team did not have clue on half of the things). 4) Efficient and fast Mobile trading portal. 5) Daily trading ideas and good quality research reports.
Did You Konw - 15 :- Which type of clients should login to “Lite” Platform? Which type of clients should login to “Lite” Platform? Clients from Rural areas where high speed connections are not available. Financial situation- that is, expensive high-speed connection. Some older technologies load pages very slowly and do not support features used on newer sites like Flash, Java etc. Client’s trading from office PC’s wherein there is a restriction on Flash. Logging in using Mobile connections.
Did You Konw - 14 :- Advance Graph is available on Right click of Platinum and Gold platforms. Advance Graph is available on Right click of Platinum and Gold platforms. Features:- Historical and Intraday charts. Candle stick, line charts. Auto Update feature. Comparison charting including multiple segments/Exchanges ie; compare between Scrips, Indices or Futures. Around 60 Technical Indicators. Plot major Technical Indicators to Chart. Chart color selector.
Did You Konw - 13 :- Information on Multiple Demat accounts attached to a single trading a/c. Multiple Demat accounts (Only Geojit DP a/c with POA) can be linked to single Trading account. Scripwise total qty across all linked demat a/c will be displayed under ‘Portfolio’ in Flip. For e.g. if client has 10 Infosys in Demat a/c No. XYZ and 7 Infosys in Demat a/c no. ABC then Flip will display holding as 17 Infosys shares. Shares held under Margin Funding Demat a/c will also be displayed in Portfolio in Flip.
Did You Konw - 12 :- Brokerage Slabs for online and Offline clients. The brokerage slabs in Online Trading is based on Calendar month volumes whereas in Offline it is based on Daily Volumes. In Geojit, the reduced Online brokerage slab is applied on the day when client crosses volume on any given day during the month. This ensures that excess Service Tax is not deducted. Most brokers often recalculate reduced broekrage after the end of the period that results in excess Service Tax deduction which is not refunded.
Did You Konw - 11 :- Market Orders Placement for Options. In Flip we do not allow Market Orders for Options Buy contracts because the last traded price has no relevance with the actual execution price.
It consists of.
Shares which are in pending settlement.
Shares in pool.
Shares in client's Normal DP.
Shares in Margin Funding DP.
FAO/Currency open positions.
MFSS units.
Unique feature of this system is that a client will get the live updated portfolio value at any point of time.