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Both the brokers are registered with SEBI. Paytm Money offers investmenet in Equity, F&O and Currency only, where Karvy offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Paytm Money Max Rs 20 per trade while the brokerage of Karvy ranges between 0.03 to 0.3%. Paytm Money is a Discount Broker where Karvy is a Full Service 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 Karvy is . Paytm Money is serving more customer compare to Karvy.
Here we present side-by-side comparison of Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money vs Karvy's on
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.
 Paytm Money |
 Karvy |
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|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
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Discount Broker | Full Service Broker |
| Exchanges Supported
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NSE, BSE | BSE, NSE, MCX, NCDEX |
| Active Clients | 8,02,146 | |
| Broker Overview | 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 & ...  |
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 |
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Comparison of Paytm Money with Karvy 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 Karvy charges Rs 500 PA AMC for Demat account.
| Charges | Paytm Money | Karvy |
|---|---|---|
| Trading Account Opening Fees | Free | Free |
| Trading AMC | Rs 30 per month (Platform fees) | Free |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Free | Rs 500 PA |
| Provide DP Service |  |
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Plans are the most important feature you look when compare Paytm Money 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.
| Plan Types | Paytm Money | Karvy |
|---|---|---|
| Multiple Plans |  |
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| Monthly Plans | |
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| Yearly Plans | |
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| Paytm Money | Zerodha | |
|---|---|---|
| Account Opening Request |
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.
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 | Paytm Money | Karvy |
|---|---|---|
| Plan Name | Flat Brokerage Plan | Basic Trading Plan (Percentage Based) |
| Equity Delivery | 2.5% or Rs 20 whichever is lower | 0.3% or 30 paisa |
| Equity Intraday | 0.05% or Rs 20 whichever is lower | 0.03% or 3 paisa |
| Equity Futures | 0.02% or Rs 20 whichever is lower | 0.03% or 3 paisa |
| Equity Options | Flat Fee Rs 20 | Rs 50 Per Lot |
| Currency Futures | NA | 0.03% or 3 paisa |
| Currency Options | NA | Rs 50 Per Lot |
| Commodity Trading | NA | 0.03% or 3 paisa |
| Minimum Brokerage | NIL | NIL |
| Hidden Charges | No | Info Not Available |
| Funding | Info Not Available | Yes - 18% interest PA |
| Call & Trade Charges | Rs 100/order +GST | Call 18004198283 number for Call and Trade, SMS Order faclity also available |
| Auto Square off Charges | Rs 50/order + GST | Call 18004198283 number for Call and Trade, SMS Order faclity also available |
| Brokerage Calculator | Brokerage Calculator for Paytm Money | Brokerage Calculator for Karvy |
Compare Paytm Money with Karvy on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Paytm Money | 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 paytm-money | Complete Brokerage Plans for karvy |
Compare Paytm Money with Karvy 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 - Karvy offers Algo Trading where Paytm Money doesn't offers Algo Trading. Margin Funding - Both broker dont have a margin funding facility. NRI Trading - both doesn't offer NRI Trading facility.
| Account Features Compare | Paytm Money | Karvy |
|---|---|---|
| 3 in 1 Account | |
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| Charting | |
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| Algo 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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| Combined Ledger for Equity and Commodity | |
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| Intraday Square-off Time | 3:10 PM | 3:15 PM |
| NRI Trading | |
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| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money 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 | Paytm Money | Karvy |
|---|---|---|
| Desktop Trading Platform | Paytm Money | Karvy NESTTrader |
| Desktop Demo | Info Not Available | Desktop Demo |
| Desktop Platform (Windows) | |
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| Desktop Platform (Mac) | |
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| Web Trading Platform | |
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| Web Trading Detail | Paytm Money Web | https://trade.karvyonline.com/KARVY/Login/indexauth.jsp |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
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| Mobile Trading | |
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| Mobile Trading App | Paytm Money App | KarvyOnline |
| Mobile Trading App Demo | Paytm Money App Demo | KarvyOnline Demo |
| Android Mobile App | |
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| Android App Download | Andriod Paytm Money App Download | Andriod KarvyOnline Download |
| iPhone Mobile App (IOS) | |
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| iOS App Download | iOS Paytm Money App Download | iOS KarvyOnline Download |
| Android Tablet App | |
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| iPad App (IOS) | |
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| Trading Software Charges | Rs. 30 per month | Free |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Paytm Money | Equity Intraday and Delivery Brokerage Calculator for Karvy |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Paytm Money | Futures Brokerage Calculator for Karvy |
| Options Brokerage Calculator | Options Brokerage Calculator for Paytm Money | Options Brokerage Calculator for Karvy |
| Detail | Detail on Trading Platforms for paytm-money | Detail on Trading Platforms for karvy |
| Paytm Money | Karvy | |
|---|---|---|
6 Customer Reviews
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3 Customer Reviews
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| Fees Ratings | 3.2 | 2.7 |
| Trading Brokerage Rating | 3.8 | 2.3 |
| Trading Platform Usability | 3.2 | 2.3 |
| Customer Service Ratings | 2.7 | 3.7 |
| Overall Ratings | 3.0 | 2.7 |
| Broker Rating | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews | Karvy is Rated 2.7 / 5 based on 3 customer reviews |
Compare Paytm Money 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 Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Karvy provides PMS Service where Paytm Money doesn't offer
| Investment Offerings Compare | Paytm Money | Karvy |
|---|---|---|
| Equity Cash and F&O | |
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| Currency Deravitives | |
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| Commodity | |
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| Online IPO Application | |
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| Mutual Funds | |
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| Bond / NCD | |
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| ETF | |
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| Banking | |
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| Insurance | |
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| Forex | |
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| MF SIP Investment | |
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| Equity SIP Investment | |
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| PMS Service | |
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| Other Investment Options | NIL | Insurance |
Order Type - Compare Paytm Money 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)- Paytm Money offers After Market Orders where Karvy doesn't offers AMO. GTC Orders- Paytm Money offers Good Till Cancelled (GTC) orders where Karvy doesn't support Good Till Cancelled (GTC) orders.
| Order Type Compare | Paytm Money | Karvy |
|---|---|---|
| CNC order | |
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| MIS order | |
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| NRML order | |
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| Cover order | |
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| Bracket order | |
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| AMO-After Market Orders | |
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| GTC-Good Till Cancelled | |
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Compare Paytm Money 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 Service Compare | Paytm Money | Karvy |
|---|---|---|
| 24/7 Customer Service
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| Email Support
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| Onine Live Chat
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| Phone Support
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| Toll Free Number
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| Through Branches
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| Customer Care Number
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Info Not Available | 18004198283/7093706007/18004198283 |
| Account Opening Process
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Online/Paperless | Online/Paperless |
| Customer Support Email
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[email protected] | [email protected] |
| Knowledge Center/Education
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https://www.paytmmoney.com/care | https://www.karvyonline.com/knowledge-center/index |
| Head Office Address
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Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 | Karvy House, No. 46, 8-2-609/K Avenue 4, Street No. 1, Banjara Hills, Hyderabad - 500 034 Telangana |
| Website
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https://www.paytmmoney.com/ | www.karvyonline.com |
Compare Paytm Money with Karvy on research reports and tips provided by the broker.
| Paytm Money | Karvy | |
|---|---|---|
| Research Mutual Funds
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| Research Equity Reports
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| Research ETF
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| 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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Compare Paytm Money 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 Paytm Money is Zero.
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 Paytm Money is ₹10 per ISIN 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
| Paytm Money | Karvy | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
12088800 | 33200 |
| Demat Account Annual Maintenance Charges(AMC) | Zero | ₹365 pa |
| Advance Deposit | Nil | NIL |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹10 per ISIN | ₹15 per transaction |
| Demat | ₹250 per 100 shares | ₹5 per certificate + ₹40 courier charges |
| Remat | ₹250 per 100 shares | ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) |
| Pledge Creation | ₹32 per ISIN | 0.03% of transaction value (Min ₹100 and Max ₹5k) |
| Pledge Creation Confirmation | Nil | 0.03% of transaction value (Min ₹100 and Max ₹5k) |
| Pledge Closure | ₹32 per ISIN | 0.03% of transaction value (Min ₹100 and Max ₹5k) |
| Pledge Closure Confirmation | Nil | 0.03% of transaction value (Min ₹100 and Max ₹5k) |
| Pledge Invocation | ₹32 per ISIN | 0.03% of transaction value (Min ₹100 and Max ₹5k) |
| Failed Instruction Charges | Nil | ₹100 |
| Other Charges | Nil | Nil |
Compare Paytm Money with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Paytm Money | Karvy | |
|---|---|---|
| Pay In and Pay Out Options
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Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking
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
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Max 24 hrs except bank holidays | Upto 24 Hrs except Bank Holidays. |
| Bank Supported and Charges
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Paytm Money allows 190+ Banks. | Around 40+ bank are prefered parter with Karvy Stock Broking. |
| Bank Detail | Info Not Available | Info Not Available |
| Likes |
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| Special Offers/Promo | ||
| Enquiry | Open Paytm Money Account Now>> | Open Zerodha Account Now>> |
Last Updated on 2023-12-22T00:01:54+00:00
