Both the brokers are registered with SEBI and offers investment in Equity, F&O and Currency. The brokerage of SBICAP Securities Max .05 to 0.50% per trade while the brokerage of Groww ranges between Rs 20. SBICAP Securities is a Full Service Broker where Groww is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5. Number of active customer for Groww is 51,65,760 where number of active customer for SBICAP Securities is 6,02,289. Groww is serving more customer compare to SBICAP Securities.
Here we present side-by-side comparison of SBICAP Securities vs Groww 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 Groww'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 Groww 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 Groww'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||Full Service Broker||Discount Broker|
|Exchanges Supported||NSE, BSE||NSE, BSE|
|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 ...||Groww is the top broker for beginners with a crystal clear user interface-enabled safe & secure Groww App & a web-based platform to invest in direct mutual funds for free and trade-in equity & derivatives segment at Rs. 20/order flat brok...|
Comparison of SBICAP Securities with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Groww offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Groww offer Free AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.
|Trading Account Opening Fees||Rs 850||Free|
|Demat Account Opening Fees||Free||Free|
|Demat AMC||Rs 500 PA||Free|
|Provide DP Service|
Plans are the most important feature you look when compare SBICAP Securities with Groww. 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||SBICAP Securities||Groww|
|Account Opening Request|
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.
Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.
|Brokerage Charges Compare||SBICAP Securities||Groww|
|Plan Name||Standard or default brokerage plan||Flat Brokerage Plan|
|Equity Delivery||0.50%||0.05% or Rs 20 whichever is lower|
|Equity Intraday||0.05%||0.05% or Rs 20 whichever is lower|
|Equity Futures||0.05%||Flat Fee Rs 20|
|Equity Options||Rs 100 Per Lot||Flat Fee Rs 20|
|Currency Futures||0.03%||Not Available|
|Currency Options||Rs 30 Per Lot||Not Available|
|Commodity Trading||Rs. 100 per lot||Not Available|
|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||Info Not Available|
|Call & Trade Charges||Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.||Rs 50 Per Executable Order|
|Auto Square off Charges||First Free 30 per month, after Rs 10 per square-off||Rs 50 Per Executable Order|
|Brokerage Calculator||Brokerage Calculator for SBICAP Securities||Brokerage Calculator for Groww|
Compare SBICAP Securities with Groww on transaction charges and PCM fee by segment.
|Transaction Charges Compare||SBICAP Securities||Groww|
|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 210 Per Cr|
|Equity Options||Rs 5000 Per Cr||Rs 5500 Per Cr|
|Currency Futures||Rs 110 Per Cr||NA|
|Currency Options||Rs 4000 Per Cr||NA|
|Brokerage Charges||Complete Brokerage Plans for sbicap-securities||Complete Brokerage Plans for groww|
Compare SBICAP Securities with Groww 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 Groww offers only 2-in-1 account which includes trading and demat account. Algo Trading - both doesn't offers Algo trading. Margin Funding - Groww offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - SBICAP Securities offers NRI where Groww doesn't offers NRI Trading.
|Account Features Compare||SBICAP Securities||Groww|
|3 in 1 Account|
|Margin Trading Funding Available|
|Combined Ledger for Equity and Commodity|
|Intraday Square-off Time||3:15PM||3:10 PM|
|Other Features||Trading software terminal: ODIN Diet||NIL|
With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities and Groww. 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||Groww|
|Desktop Trading Platform||SBISMART XPRESS - NextTrader|
|Desktop Demo||Desktop Demo||Info Not Available|
|Desktop Platform (Windows)|
|Desktop Platform (Mac)|
|Web Trading Platform|
|Web Trading Detail||https://login1.sbismart.com/nidp/app/login||Yes|
|Web Trading Demo||Web Trading Demo||Info Not Available|
|Mobile Trading App||SBISMART||Yes|
|Mobile Trading App Demo||SBISMART Demo||Info Not Available|
|Android Mobile App|
|Android App Download||Andriod SBISMART Download||Andriod Yes Download|
|iPhone Mobile App (IOS)|
|iOS App Download||iOS SBISMART Download||iOS Yes Download|
|Android Tablet App|
|iPad App (IOS)|
|Trading Software Charges||Free||Free|
|Equity Brokerage Calculator||Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities||Equity Intraday and Delivery Brokerage Calculator for Groww|
|Futures Brokerage Calculator||Futures Brokerage Calculator for SBICAP Securities||Futures Brokerage Calculator for Groww|
|Options Brokerage Calculator||Options Brokerage Calculator for SBICAP Securities||Options Brokerage Calculator for Groww|
|Detail||Detail on Trading Platforms for sbicap-securities||Detail on Trading Platforms for groww|
Compare SBICAP Securities with Groww 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 - Both broker don't offers Commodity Trading (MCX). 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||SBICAP Securities||Groww|
|Equity Cash and F&O|
|Online IPO Application|
|Bond / NCD|
|MF SIP Investment|
|Equity SIP Investment|
|Other Investment Options||NIL||NIL|
Order Type - Compare SBICAP Securities with Groww 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) - SBICAP Securities provide Cover Orders (CO) where Groww 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) - SBICAP Securities provide Bracket Orders (BO) where Groww 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)- SBICAP Securities offers After Market Orders where Groww doesn't offers AMO. GTC Orders- SBICAP Securities offers Good Till Cancelled (GTC) orders where Groww doesn't support Good Till Cancelled (GTC) orders.
|Order Type Compare||SBICAP Securities||Groww|
|AMO-After Market Orders|
|GTC-Good Till Cancelled|
Compare SBICAP Securities with Groww 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||SBICAP Securities||Groww|
|24/7 Customer Service|
|Onine Live Chat|
|Toll Free Number|
|Customer Care Number||022 6854 5555||9108800604|
|Account Opening Process||Offline||Online|
|Customer Support Email||[email protected]||[email protected]|
|Head Office Address||SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
MUMBAI - 400013
|Groww Head Office 1st Floor, Proms Complex, SBI Colony, 1 A Koramangala, 560034|
Compare SBICAP Securities with Groww on research reports and tips provided by the broker.
Compare SBICAP Securities with Groww 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 Groww is Zero 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 â€“ 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 Groww is ₹8 + ₹5.50 CDSL charges.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 Account Annual Maintenance Charges(AMC)||₹500||Zero|
|Advance Deposit||0 for all||Nil|
|Statutory charges||Nil||Legal Charges|
|Transaction Charges on Debit (Per ISIN)||0.01% of the transaction value (Min ₹21 and Max ₹300)||₹8 + ₹5.50 CDSL charges|
|Demat||₹5 per certificate + ₹35 courier charges||₹150 per certificate + courier charges|
|Remat||₹35 per certificate + CDSL Charges||₹150 per certificate + courier charges|
|Pledge Creation||0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Creation Confirmation||0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Closure||0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Closure Confirmation||0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges||₹20 + Rs. 12 per request (CDSL Charges)|
|Pledge Invocation||0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges||₹20 + Rs. 12 per request (CDSL Charges)|
|Failed Instruction Charges||₹10||₹50|
Compare SBICAP Securities with Groww 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, 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, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
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||Direct to SBI Bank.||Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.|
|Bank Detail||Direct to SBI bank account||Info Not Available|
Despite brokerage-free mutual fund investment and flat brokerage trading, Groww offers many trading advantages (Pros) pointed as follows;
Limited trading product availability is a key limitation or drawback of trading with Groww. Check out the list of Groww Trading cons as follows;
|Enquiry||Open Zerodha Account Now>>||Open Zerodha Account Now>>|
Last Updated on 2022-07-22T06:28:35+00:00
Free Delivery for Lifetime
Flat ₹15 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (
Trade at Flat ₹20 per Trade Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software