Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Both the brokers are registered with SEBI. Religare Broking offers investmenet in Equity, F&O, Currency and Commodities, where Paytm Money offers investment in Equity, F&O and Currency only. The brokerage of Religare Broking Max 0.05 to 0.50% per trade while the brokerage of Paytm Money ranges between Rs 20. Religare Broking is a Full Service Broker where Paytm Money is a Discount Broker. Religare Broking is having overall lower rating compare to Paytm Money. Religare Broking is rated only 3.5 out of 5 where Paytm Money is rated 4 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Religare Broking is 1,43,983. Paytm Money is serving more customer compare to Religare Broking.
Here we present side-by-side comparison of Religare Broking 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 Religare Broking 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 Religare Broking 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 Religare Broking vs Paytm Money'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.
 Religare Broking |
 Paytm Money |
|
|---|---|---|
| Overall Rating | ||
| Brokerage Charges | ||
| Trading Platform | ||
| Investments Offering | ||
| Customer Service | ||
Broker Type
|
Full Service Broker | Discount Broker |
| Exchanges Supported
|
NSE, BSE, MCX | NSE, BSE |
| Active Clients | 1,43,983 | 8,02,146 |
| Broker Overview | Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an...  |
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 & ... |
| Broker Enquiry |
|
|
Comparison of Religare Broking with Paytm Money on trading & demat account opening charges and AMC. Trading account opening charges - Paytm Money offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Paytm Money offer Free AMC for Demat account where Religare Broking charges Rs 400 PA [Free for first year] AMC for Demat account.
| Charges | Religare Broking | Paytm Money |
|---|---|---|
| Trading Account Opening Fees | Rs 500 | Free |
| Trading AMC | Free | Rs 30 per month (Platform fees) |
| Demat Account Opening Fees | Free | Free |
| Demat AMC | Rs 400 PA [Free for first year] | Free |
| Provide DP Service |  |
|
Plans are the most important feature you look when compare Religare Broking 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.
| Plan Types | Religare Broking | Paytm Money |
|---|---|---|
| Multiple Plans |  |
|
| Monthly Plans | |
|
| Yearly Plans | |
|
| Zerodha | Paytm Money | |
|---|---|---|
| Account Opening Request |
Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.
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 | Religare Broking | Paytm Money |
|---|---|---|
| Plan Name | Religare One Brokerage Plan (Percentage Based) | Flat Brokerage Plan |
| Equity Delivery | 0.50% to 0.10% | 2.5% or Rs 20 whichever is lower |
| Equity Intraday | 0.05% to 0.01% | 0.05% or Rs 20 whichever is lower |
| Equity Futures | 0.05% or 5 paisa | 0.02% or Rs 20 whichever is lower |
| Equity Options | Rs 70 Per Lot | Flat Fee Rs 20 |
| Currency Futures | 0.05% or 5 paisa | NA |
| Currency Options | Rs 30 Per Lot | NA |
| Commodity Trading | Futures: 0.05%| Options: Rs 30 per lot | NA |
| Minimum Brokerage | 1p per share | NIL |
| Hidden Charges | Yes | No |
| Funding | Yes - 21% interest PA | Info Not Available |
| Call & Trade Charges | Rs 10 per order, Max rs 50 per segment per day | Rs 100/order +GST |
| Auto Square off Charges | Rs 10 per order, Max rs 50 per segment per day | Rs 50/order + GST |
| Brokerage Calculator | Brokerage Calculator for Religare Broking | Brokerage Calculator for Paytm Money |
Compare Religare Broking with Paytm Money on transaction charges and PCM fee by segment.
| Transaction Charges Compare | Religare Broking | 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 religare-broking | Complete Brokerage Plans for paytm-money |
Compare Religare Broking 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 - Both broker dont have a margin funding facility. NRI Trading - Religare Broking offers NRI where Paytm Money doesn't offers NRI Trading.
| Account Features Compare | Religare Broking | Paytm Money |
|---|---|---|
| 3 in 1 Account | |
|
| Charting | |
|
| Algo Trading | |
|
| SMS Alerts | |
|
| Online Demo | |
|
| Online Portfolio | |
|
| Margin Trading Funding Available | |
|
| Combined Ledger for Equity and Commodity | |
|
| Intraday Square-off Time | 3:15PM | 3:10 PM |
| NRI Trading | |
|
| Other Features | NIL | NIL |
With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking 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 | Religare Broking | Paytm Money |
|---|---|---|
| Desktop Trading Platform | OdinDiet and Power FnO | Paytm Money |
| Desktop Demo | Desktop Demo | Info Not Available |
| Desktop Platform (Windows) | |
|
| Desktop Platform (Mac) | |
|
| Web Trading Platform | |
|
| Web Trading Detail | https://secure.religareonline.com/Login.aspx | Paytm Money Web |
| Web Trading Demo | Web Trading Demo | Web Trading Demo |
| Mobile Site | |
|
| Mobile Trading | |
|
| Mobile Trading App | Religare Dynami | Paytm Money App |
| Mobile Trading App Demo | Religare Dynami Demo | Paytm Money App Demo |
| Android Mobile App | |
|
| Android App Download | Andriod Religare Dynami Download | Andriod Paytm Money App Download |
| iPhone Mobile App (IOS) | |
|
| iOS App Download | iOS Religare Dynami Download | iOS Paytm Money App Download |
| Android Tablet App | |
|
| iPad App (IOS) | |
|
| Trading Software Charges | Free | Rs. 30 per month |
| Equity Brokerage Calculator | Equity Intraday and Delivery Brokerage Calculator for Religare Broking | Equity Intraday and Delivery Brokerage Calculator for Paytm Money |
| Futures Brokerage Calculator | Futures Brokerage Calculator for Religare Broking | Futures Brokerage Calculator for Paytm Money |
| Options Brokerage Calculator | Options Brokerage Calculator for Religare Broking | Options Brokerage Calculator for Paytm Money |
| Detail | Detail on Trading Platforms for religare-broking | Detail on Trading Platforms for paytm-money |
| Religare Broking | Paytm Money | |
|---|---|---|
56 Customer Reviews
 |
6 Customer Reviews
|
|
| Fees Ratings | 3.2 | 3.2 |
| Trading Brokerage Rating | 3.2 | 3.8 |
| Trading Platform Usability | 3.0 | 3.2 |
| Customer Service Ratings | 2.9 | 2.7 |
| Overall Ratings | 2.9 | 3.0 |
| Broker Rating | Religare Broking is Rated 2.9 / 5 based on 56 customer reviews | Paytm Money is Rated 3.0 / 5 based on 6 customer reviews |
Compare Religare Broking 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 - Religare Broking 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) - both the brokers don't have PMS Service.
| Investment Offerings Compare | Religare Broking | Paytm Money |
|---|---|---|
| Equity Cash and F&O | |
|
| Currency Deravitives | |
|
| Commodity | |
|
| Online IPO Application | |
|
| Mutual Funds | |
|
| Bond / NCD | |
|
| ETF | |
|
| Banking | |
|
| Insurance | |
|
| Forex | |
|
| MF SIP Investment | |
|
| Equity SIP Investment | |
|
| PMS Service | |
|
| Other Investment Options | NIL | NIL |
Order Type - Compare Religare Broking 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) - 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) - Paytm Money provides Bracket Orders (BO) where Religare Broking 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 Type Compare | Religare Broking | Paytm Money |
|---|---|---|
| CNC order | |
|
| MIS order | |
|
| NRML order | |
|
| Cover order | |
|
| Bracket order | |
|
| AMO-After Market Orders | |
|
| GTC-Good Till Cancelled | |
|
Compare Religare Broking 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 Service Compare | Religare Broking | Paytm Money |
|---|---|---|
| 24/7 Customer Service
|
|
|
| Email Support
|
|
|
| Onine Live Chat
|
|
|
| Phone Support
|
|
|
| Toll Free Number
|
|
|
| Through Branches
|
|
|
| Customer Care Number
|
1860-25-88888 | Info Not Available |
| Account Opening Process
|
Online/Paperless | Online/Paperless |
| Customer Support Email
|
[email protected] | [email protected] |
| Knowledge Center/Education
|
Not available | https://www.paytmmoney.com/care |
| Head Office Address
|
Religare Broking Limited, 2nd Floor, Rajlok Building, 24, Nehru Place, New Delhi-110019 |
Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034 |
| Website
|
http://www.religareonline.com | https://www.paytmmoney.com/ |
Compare Religare Broking with Paytm Money on research reports and tips provided by the broker.
| Religare Broking | Paytm Money | |
|---|---|---|
| Research Mutual Funds
|
|
|
| Research Equity Reports
|
|
|
| Research ETF
|
|
|
| Daily Market Report
|
|
|
| Free Tips
|
|
|
| Quarterly Result Analysis
|
|
|
| News Alerts
|
|
|
Compare Religare Broking 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 Religare Broking is ₹400 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 Religare Broking is ₹12 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
| Religare Broking | Paytm Money | |
|---|---|---|
| DP Source | CDSL | CDSL |
| DP ID
|
30200 | 12088800 |
| Demat Account Annual Maintenance Charges(AMC) | ₹400 pa | Zero |
| Advance Deposit | Rs. 500/- | Nil |
| Statutory charges | Nil | Nil |
| Transaction Charges on Debit (Per ISIN) | ₹12 | ₹10 per ISIN |
| Demat | ₹5 per certificate + ₹30 courier charges | ₹250 per 100 shares |
| Remat | ₹20 per certificate + ₹30 courier charges + CDSL Charges | ₹250 per 100 shares |
| Pledge Creation | 0.02% of transaction value or ₹50 whichever is higher | ₹32 per ISIN |
| Pledge Creation Confirmation | 0.02% of transaction value or ₹50 whichever is higher | Nil |
| Pledge Closure | 0.02% of transaction value or ₹50 whichever is higher | ₹32 per ISIN |
| Pledge Closure Confirmation | 0.02% of transaction value or ₹50 whichever is higher | Nil |
| Pledge Invocation | 0.02% of transaction value or ₹50 whichever is higher | ₹32 per ISIN |
| Failed Instruction Charges | Nil | Nil |
| Other Charges | Nil | Nil |
Compare Religare Broking with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.
| Religare Broking | 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 Religare Mobile, Rligare Desktop and Web application. 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
|
Upto 24 Hrs except Bank Holidays. | Max 24 hrs except bank holidays |
| Bank Supported and Charges
|
21+ bank connected via payment gatway, Rs 10 fee for per transaction. | Paytm Money allows 190+ Banks. |
| Bank Detail | RELIGARE BROKING LIMITED, Account Number:30078551502 Bank and Branch: SBI,Capital Market Branch,Mumbai Account Type: Current Account IFSC Code:SBIN0011777 |
Info Not Available |
| Likes |
|
|
| Dislikes |
|
|
| Special Offers/Promo | - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin. | |
| Enquiry | Open Zerodha Account Now>> | Open Paytm Money Account Now>> |
Last Updated on 2023-09-13T03:22:46+00:00
