The brokerage of Paytm Money Max Rs 10 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.
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.
|Broker Type||Discount Broker||Full Service Broker|
|Exchanges Supported||BSE, NSE||NSE,BSE,MCX-SX,MCX,NCDEX|
|Broker Overview||Best broker for free direct mutual fund investment, Zero brokerage delivery trading, and Rs. 10 flat brokerages on equity intraday and F&O trading through Paytm Money App and Web.||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.|
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.
|Trading Account Opening Fees||Free||Free|
|Trading AMC||Rs 300 PA||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Free||Rs 500 PA|
|Provide DP Service|
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|
|Account Opening Request|
Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas equity delivery trading and mutual fund investment with Paytm Money is absolutely free of cost.
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||Free||0.3% or 30 paisa|
|Equity Intraday||Rs. 10 or 0.05% whichever is lower||0.03% or 3 paisa|
|Equity Futures||Rs. 10 or 0.02% whichever is lower||0.03% or 3 paisa|
|Equity Options||Flat Fee Rs 10||Rs 50 Per Lot|
|Currency Futures||Rs. 10 or 0.02% whichever is lower||0.03% or 3 paisa|
|Currency Options||Flat Fee Rs 10||Rs 50 Per Lot|
|Commodity Trading||NA||0.03% or 3 paisa|
|Hidden Charges||No||Info Not Available|
|Funding||Info Not Available||Yes - 18% interest PA|
|Call & Trade Charges||Rs 300 per executed order||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||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Intraday||Rs 325 Per Cr||Rs 325 Per Cr|
|Equity Futures||Rs 190 Per Cr||Rs 190 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5000 Per Cr|
|Currency Futures||NA||Rs 110 Per Cr|
|Currency Options||NA||Rs 4000 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|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:10 PM||3:15 PM|
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)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||Paytm Money Web||https://trade.karvyonline.com/KARVY/Login/indexauth.jsp|
|Web Trading Demo||Web Trading Demo||Web Trading Demo|
|Mobile Trading App||Paytm Money App||KarvyOnline|
|Mobile Trading App Demo||Info Not Available||KarvyOnline Demo|
|Android Mobile App|
|Android App Download||Andriod Paytm Money App Download||Andriod KarvyOnline Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS Paytm Money App Download||iOS KarvyOnline Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Rs. 300/- PA||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|
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|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NPS and digital gold||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- Both broker doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||Paytm Money||Karvy|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
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|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||0120-4770-440||18004198283/7093706007/18004198283|
|Account Opening Process||Online/Paperless||Online/Paperless|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||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,
Hyderabad - 500 034
Compare Paytm Money with Karvy on research reports and tips provided by the broker.
Compare Paytm Money with Karvy on Demat Service and Charges. This section covers about demat charges, demat service and other details
|DP ID||CDSL: 1208||33200|
|Demat Account Annual Maintenance Charges(AMC)||Nil||₹365 pa|
|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 for 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|
Compare Paytm Money with Karvy on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
|Pay In and Pay Out Options||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||Max 24 hrs except bank holidays||Upto 24 Hrs except Bank Holidays.|
|Bank Supported and Charges||Paytm Money allows 190+ Banks.||Around 40+ bank are prefered parter with Karvy Stock Broking.|
|Bank Detail||Info Not Available||Info Not Available|
Customer centric, leading-edge technology, top-notch research team, professional management and a wide network of offices across India.
|Special Offers/Promo||Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC|
|Enquiry||Enquire for Paytm Money||Enquire for Karvy|
Last Updated on 2021-12-23T05:59:14+00:00
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