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SBICAP Securities Vs Karvy: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Karvy offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities ranges between .05 to 0.50% while the brokerage of Karvy ranges between 0.03 to 0.3%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 4 out of 5. Number of active customer for SBICAP Securities is 8,63,824 where number of active customer for Karvy is . SBICAP Securities is serving more customer compare to Karvy.

Here we present side-by-side comparison of SBICAP Securities vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared SBICAP Securities vs Karvy'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 SBICAP Securities vs Karvy share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared SBICAP Securities vs Karvy'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 SBICAP Securities vs Karvy on Service

  SBICAP Securities Compare
SBICAP Securities
Karvy Compare
Karvy
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,63,824
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities One of the largest stockbrokers offering a full spectrum of financial products including Karvy Demat and Trading Account, NRI account, Corporate Account, Trust Account, research reports, and advisory.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare SBICAP Securities vs Karvy on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with Karvy on trading & demat account opening charges and AMC. Trading account opening charges - Karvy offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Both broker charge Rs 500 PA AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Karvy
Charges SBICAP Securities Karvy
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Karvy on Plan Options

Plans are the most important feature you look when compare SBICAP Securities with Karvy. 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 SBICAP Securities with Karvy on Plan Options
Plan Types SBICAP Securities Karvy
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Karvy on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Karvy Brokerage Plan detail - Karvy have different plan and this is there basic plan, For more details about plan you need to contact personally.

Brokerage Charges - Compare SBICAP Securities with Karvy
Brokerage Charges Compare SBICAP Securities Karvy
Plan Name Standard or default brokerage plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.50% 0.3% or 30 paisa
Equity Intraday 0.05% 0.03% or 3 paisa
Equity Futures 0.05% 0.03% or 3 paisa
Equity Options Rs 100 Per Lot Rs 50 Per Lot
Currency Futures 0.03% 0.03% or 3 paisa
Currency Options Rs 30 Per Lot Rs 50 Per Lot
Commodity Trading Rs. 100 per lot 0.03% or 3 paisa
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Yes - 18% interest PA
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. Call 18004198283 number for Call and Trade, SMS Order faclity also available
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off Call 18004198283 number for Call and Trade, SMS Order faclity also available
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Karvy
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Karvy on Transaction Charges

Compare SBICAP Securities with Karvy on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with Karvy
Transaction Charges Compare SBICAP Securities Karvy
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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for karvy
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Account Features

Compare SBICAP Securities vs Karvy on Account Features

Compare SBICAP Securities with Karvy on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Karvy offers only 2-in-1 account which includes trading and demat account. Algo Trading - Karvy offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - SBICAP Securities offers NRI where Karvy doesn't offers NRI Trading.

Account Features - SBICAP Securities with Karvy
Account Features Compare SBICAP Securities Karvy
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs Karvy on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and Karvy. 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 SBICAP Securities with Karvy
Trading Platform Compare SBICAP Securities Karvy
Desktop Trading Platform SBISMART XPRESS - NextTrader Karvy NESTTrader
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://trade.karvyonline.com/KARVY/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART KarvyOnline
Mobile Trading App Demo SBISMART Demo KarvyOnline Demo
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod KarvyOnline Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS SBISMART Download iOS KarvyOnline Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Karvy
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Karvy
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Karvy
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for karvy

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Broker Ratings by Users

Compare SBICAP Securities vs Karvy on User Rating

  SBICAP Securities Karvy
  78 Customer Reviews    Rate SBICAP Securities 3 Customer Reviews    Rate Karvy
Fees Ratings 3.3 2.7
Trading Brokerage Rating 3.1 2.3
Trading Platform Usability 2.8 2.3
Customer Service Ratings 2.7 3.7
Overall Ratings 2.7 2.7
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Karvy is Rated 2.7 / 5 based on 3 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Karvy on Investment Offerings

Compare SBICAP Securities with Karvy 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 - Karvy offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where SBICAP Securities doesn't offer

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

Compare SBICAP Securities vs Karvy on Order Types

Order Type - Compare SBICAP Securities with Karvy 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- SBICAP Securities offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- SBICAP Securities offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.

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

Compare SBICAP Securities vs Karvy on Customer Service

Compare SBICAP Securities with Karvy 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 SBICAP Securities with Karvy
Customer Service Compare SBICAP Securities Karvy
24/7 Customer Service SBICAP Securities vs Karvy - 24x7 customer support No No
Email Support SBICAP Securities vs Karvy - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs Karvy - Onine Live Chat No No
Phone Support SBICAP Securities vs Karvy - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs Karvy - Toll Free Number Yes Yes
Through Branches SBICAP Securities vs Karvy - Through Branches Yes Yes
Customer Care Number SBICAP Securities vs Karvy - Customer Care Number 022 6854 5555 18004198283/7093706007/18004198283
Account Opening Process SBICAP Securities vs Karvy - Account Opening Process Offline Online/Paperless
Customer Support Email SBICAP Securities vs Karvy - Customer Support Email [email protected] [email protected]
Knowledge Center/Education SBICAP Securities vs Karvy - Knowledge Center/Education https://www.sbismart.com/education https://www.karvyonline.com/knowledge-center/index
Head Office Address SBICAP Securities vs Karvy - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Karvy House,
No. 46, 8-2-609/K Avenue 4,
Street No. 1,
Banjara Hills,
Hyderabad - 500 034
Telangana
Website SBICAP Securities vs Karvy - Company Website https://www.sbismart.com www.karvyonline.com
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Tips/Research/Reports Published

Compare SBICAP Securities vs Karvy on Research Reports, Tips

Compare SBICAP Securities with Karvy on research reports and tips provided by the broker.

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

Compare SBICAP Securities vs Karvy on Demat Account

Compare SBICAP Securities with Karvy 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 Karvy is ₹365 pa where for SBICAP Securities is ₹500.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) where for Karvy is ₹15 per transaction.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 SBICAP Securities with Karvy
  SBICAP Securities Karvy
DP Source CDSL CDSL
DP ID SBICAP Securities vs Karvy - DP ID 19300 33200
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹365 pa
Advance Deposit 0 for all NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) ₹15 per transaction
Demat ₹5 per certificate + ₹35 courier charges ₹5 per certificate + ₹40 courier charges
Remat ₹35 per certificate + CDSL Charges ₹20 for every hundred securities or ₹20 per certificate (whichever is higher)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.03% of transaction value (Min ₹100 and Max ₹5k)
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.03% of transaction value (Min ₹100 and Max ₹5k)
Failed Instruction Charges ₹10 ₹100
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Karvy on Special Offers and Promotion

Compare SBICAP Securities with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare SBICAP Securities vs Karvy on Special Offers and Promotion
  SBICAP Securities Karvy
Pay In and Pay Out Options SBICAP Securities vs Karvy - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Karvy Broking Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time SBICAP Securities vs Karvy - Payout Time Upto 24 Hrs except Bank Holidays. Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges SBICAP Securities vs Karvy - Bank Supported and Charges Direct to SBI Bank. Around 40+ bank are prefered parter with Karvy Stock Broking.
Bank Detail Direct to SBI bank account Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

Detail Review...

Detail Review...

Dislikes
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

  • 3-in-1 account opening facility is not available with Karvy.

Detail Review...

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

Last Updated on 2023-09-13T02:35:55+00:00