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Geojit Vs Paytm Money: Which one is better?

Both the brokers are registered with SEBI. Geojit offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Geojit Max .03 to .3% per trade while the brokerage of Paytm Money ranges between Rs 20. Geojit is a Full Service Broker where Paytm Money is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Geojit is 2,43,714. Paytm Money is serving more customer compare to Geojit.

Here we present side-by-side comparison of Geojit vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Geojit vs Paytm Money's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Geojit vs Paytm Money share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Geojit vs Paytm Money's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Geojit vs Paytm Money on Service

  Geojit Compare
Geojit
Paytm Money Compare
Paytm Money
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE
Active Clients 2,43,714 8,02,146
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...Know more about Paytm Money
Broker Enquiry Request call back from Zerodha Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Geojit vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Geojit with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Geojit charges Rs 700 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with Paytm Money
Charges Geojit Paytm Money
Trading Account Opening Fees Free Free
Trading AMC Free Rs 30 per month (Platform fees)
Demat Account Opening Fees Free Free
Demat AMC Rs 700 PA Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Geojit vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Geojit with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Geojit with Paytm Money on Plan Options
Plan Types Geojit Paytm Money
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Paytm Money
Account Opening Request
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Brokerage Charges

Compare Geojit vs Paytm Money on Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

Brokerage Charges - Compare Geojit with Paytm Money
Brokerage Charges Compare Geojit Paytm Money
Plan Name Online Trading Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.30% or 30 paisa 2.5% or Rs 20 whichever is lower
Equity Intraday 0.03% or 3 paisa 0.05% or Rs 20 whichever is lower
Equity Futures 0.01% 0.02% or Rs 20 whichever is lower
Equity Options Rs 50 Per Lot Flat Fee Rs 20
Currency Futures 0.03% or 3 paisa NA
Currency Options Rs 50 Per Lot NA
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option NA
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NIL
Hidden Charges Info Not Available No
Funding Yes - 20% interest PA Info Not Available
Call & Trade Charges Free Rs 100/order +GST
Auto Square off Charges Free Rs 50/order + GST
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Geojit vs Paytm Money on Transaction Charges

Compare Geojit with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Geojit with Paytm Money
Transaction Charges Compare Geojit Paytm Money
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for paytm-money
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Account Features

Compare Geojit vs Paytm Money on Account Features

Compare Geojit with Paytm Money on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Geojit offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Geojit offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Geojit with Paytm Money
Account Features Compare Geojit Paytm Money
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Geojit vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit and Paytm Money. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Geojit with Paytm Money
Trading Platform Compare Geojit Paytm Money
Desktop Trading Platform SELFIE Platinum Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://selfie.geojit.net/ Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit Paytm Money App
Mobile Trading App Demo SELFIE Geojit Demo Paytm Money App Demo
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS SELFIE Geojit Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Free Rs. 30 per month
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Geojit vs Paytm Money on User Rating

  Geojit Paytm Money
  79 Customer Reviews    Rate Geojit 6 Customer Reviews    Rate Paytm Money
Fees Ratings 3.6 3.2
Trading Brokerage Rating 3.4 3.8
Trading Platform Usability 3.9 3.2
Customer Service Ratings 3.8 2.7
Overall Ratings 3.7 3.0
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews Paytm Money is Rated 3.0 / 5 based on 6 customer reviews
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Investment Offerings

Compare Geojit vs Paytm Money on Investment Offerings

Compare Geojit with Paytm Money on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Geojit offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Geojit provide PMS Service where Paytm Money doesn't offer

Investment Offerings - Compare Geojit with Paytm Money
Investment Offerings Compare Geojit Paytm Money
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service Yes No
Other Investment Options Insurance NIL
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Order Types

Compare Geojit vs Paytm Money on Order Types

Order Type - Compare Geojit with Paytm Money on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Paytm Money provides Cover Orders (CO) where Geojit doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Paytm Money provides Bracket Orders (BO) where Geojit doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Geojit with Paytm Money
Order Type Compare Geojit Paytm Money
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Geojit vs Paytm Money on Customer Service

Compare Geojit with Paytm Money on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Geojit with Paytm Money
Customer Service Compare Geojit Paytm Money
24/7 Customer Service Geojit vs Paytm Money - 24x7 customer support No No
Email Support Geojit vs Paytm Money - Email Support Yes Yes
Onine Live Chat Geojit vs Paytm Money - Onine Live Chat No No
Phone Support Geojit vs Paytm Money - Phone Support Yes No
Toll Free Number Geojit vs Paytm Money - Toll Free Number Yes No
Through Branches Geojit vs Paytm Money - Through Branches Yes No
Customer Care Number Geojit vs Paytm Money - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 Info Not Available
Account Opening Process Geojit vs Paytm Money - Account Opening Process Offline Online/Paperless
Customer Support Email Geojit vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Geojit vs Paytm Money - Knowledge Center/Education https://insights.geojit.com/ https://www.paytmmoney.com/care
Head Office Address Geojit vs Paytm Money - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Geojit vs Paytm Money - Company Website https://www.geojit.com/ https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Geojit vs Paytm Money on Research Reports, Tips

Compare Geojit with Paytm Money on research reports and tips provided by the broker.

Research Reports - Compare Geojit with Paytm Money
  Geojit Paytm Money
Research Mutual Funds Geojit vs Paytm Money - Research Mutual Funds Yes No
Research Equity Reports Geojit vs Paytm Money - Research Equity Reports Yes No
Research ETF Geojit vs Paytm Money - Research ETF Yes No
Daily Market Report Geojit vs Paytm Money - Daily Market Report Yes No
Free Tips Geojit vs Paytm Money - Free Tips Yes No
Quarterly Result Analysis Geojit vs Paytm Money - Quarterly Results Yes No
News Alerts Geojit vs Paytm Money - Yes No
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Demat Account

Compare Geojit vs Paytm Money on Demat Account

Compare Geojit with Paytm Money on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Paytm Money is Zero where for Geojit is ₹600 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Geojit is 0.02% of transaction value (Max ₹40) + CDSL charges where for Paytm Money is ₹10 per ISIN.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Geojit with Paytm Money
  Geojit Paytm Money
DP Source CDSL CDSL
DP ID Geojit vs Paytm Money - DP ID 48900 12088800
Demat Account Annual Maintenance Charges(AMC) ₹600 pa Zero
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges ₹10 per ISIN
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹250 per 100 shares
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges ₹250 per 100 shares
Pledge Creation ₹50 per transaction ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 per transaction ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Paytm Money on Special Offers and Promotion

Compare Geojit with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Geojit vs Paytm Money on Special Offers and Promotion
  Geojit Paytm Money
Pay In and Pay Out Options Geojit vs Paytm Money - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Geojit vs Paytm Money - Payout Time Upto 24 Hrs except Bank Holidays. Max 24 hrs except bank holidays
Bank Supported and Charges Geojit vs Paytm Money - Bank Supported and Charges Info Not Available Paytm Money allows 190+ Banks.
Bank Detail Info Not Available Info Not Available
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • 100% paperless KYC process
  • No annual maintenance charges on Demat Account
  • Free account opening at no cost
  • Brokerage-free investment in direct mutual funds
  • Transparent pricing model of Rs 20 brokerage
  • One-tap investment in IPO
  • User-friendly platforms with ease of investment
  • Swift and secure UPI payment
  • Bracket order, cover order, GTT order, and OCO order

Detail Review...

Dislikes
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • No commodity and currency trading
  • Does not offer NRI trading
  • Its platform are not free of cost.
  • No 3-in-1 account opening facility.
  • Does not offer Rs 0 brokerage unlimited monthly trading plans.
  • Delivery trading is not free
  • No trading terminal offered
  • No branch or customer support
  • High call & trade charge

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Paytm Money Account Now>>

Last Updated on 2023-09-12T06:18:34+00:00