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Sharekhan Vs Paytm Money: Which one is better?

The brokerage of Sharekhan Max 0.1 to 0.5% per trade while the brokerage of Paytm Money ranges between Rs 10. Sharekhan is a Full Service Broker where Paytm Money is a Discount Broker. Overall rating for both the brokers are equal with rating 4 out of 5.

Here we present side-by-side comparison of Sharekhan 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 Sharekhan 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 Sharekhan 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 Sharekhan 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
  • 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 Sharekhan vs Paytm Money on Service

  Sharekhan Compare
Sharekhan
Paytm Money Compare
Paytm Money
Overall Rating Rated 4 stars Rated 4 stars
Brokerage Charges Rated 2.5 stars Rated 4.5 stars
Trading Platform Rated 4.5 stars Rated 3.5 stars
Investments Offering Rated 5 stars Rated 4.5 stars
Customer Service Rated 4 stars Rated 3.5 stars
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX, NSEL BSE, NSE
Active Clients 7,53,313 2,49,778
Broker Overview Sharekhan is one of the best full-service brokerage houses in India with smart trading platforms like Trade Tiger and Sharekhan Mobile App, Portfolio Management Service, Free research reports, MF investment through Sharekhan Insta MF Platform. 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.
Broker Enquiry Request call back from Sharekhan Request call back from Paytm Money
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Account Opening Charges and AMC

Compare Sharekhan vs Paytm Money on Trading & Demat Account Opening Charges

Comparison of Sharekhan with Paytm Money 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 Sharekhan charges Rs 400 PA (Waived for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Sharekhan with Paytm Money
Charges Sharekhan Paytm Money
Trading Account Opening Fees Free Free
Trading AMC Free Rs 300 PA
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA (Waived for 1st year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Sharekhan vs Paytm Money on Plan Options

Plans are the most important feature you look when compare Sharekhan with Paytm Money. This section compare on high level about type of plans offered by brokers. Multiple Plans - Sharekhan provide Multiple Plans where Paytm Money doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Sharekhan with Paytm Money on Plan Options
Plan Types Sharekhan Paytm Money
Multiple Plans Yes No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Sharekhan Paytm Money
Account Opening Request
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Brokerage Charges

Compare Sharekhan vs Paytm Money on Brokerage Charges

Sharekhan Brokerage Plan detail - Sharekhna have % base brokerage plan. They have one of the best plan for in Currency future. Equity Intraday, Future & Option and commodities trading prices are on higher range and Equity Delivery trading is on average brokerage level with compare to other full service brokers. No Minimum brokerage.

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.

Brokerage Charges - Compare Sharekhan with Paytm Money
Brokerage Charges Compare Sharekhan Paytm Money
Plan Name Classic Trading Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.1% or 10 paisa Rs. 10 or 0.05% whichever is lower
Equity Futures 0.1% or 10 paisa Rs. 10 or 0.02% whichever is lower
Equity Options 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 10
Currency Futures 0.1% or 10 paisa Rs. 10 or 0.02% whichever is lower
Currency Options 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 10
Commodity Trading 0.1% or 10 paisa NA
Minimum Brokerage Rs 20 NIL
Hidden Charges No No
Funding Yes - 18% interest PA Info Not Available
Call & Trade Charges Free Rs 300 per executed order
Brokerage Calculator Brokerage Calculator for Sharekhan Brokerage Calculator for Paytm Money
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Share Broker's Transaction Charges

Compare Sharekhan vs Paytm Money on Transaction Charges

Compare Sharekhan with Paytm Money on transaction charges and PCM fee by segment.

Transaction Charges - Compare Sharekhan with Paytm Money
Transaction Charges Compare Sharekhan Paytm Money
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 Rs 100 Per Cr NA
Currency Options Rs 4000 Per Cr NA
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for sharekhan Complete Brokerage Plans for paytm-money
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Account Features

Compare Sharekhan vs Paytm Money on Account Features

Compare Sharekhan 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 - Sharekhan offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - Sharekhan offers NRI where Paytm Money doesn't offers NRI Trading.

Account Features - Sharekhan with Paytm Money
Account Features Compare Sharekhan Paytm Money
3 in 1 Account No Sharekhan have 2-in-1 account. Only Demate and Trading account. No Sharekhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Sharekhan vs Paytm Money on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Sharekhan 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 Sharekhan with Paytm Money
Trading Platform Compare Sharekhan Paytm Money
Desktop Trading Platform TradeTiger Paytm Money
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No Yes
Web Trading Platform Yes Yes
Web Trading Detail https://www.sharekhan.com/ Paytm Money Web
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Sharekhan Paytm Money App
Mobile Trading App Demo Sharekhan Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Sharekhan Download Andriod Paytm Money App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Sharekhan Download iOS Paytm Money App Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Rs. 300/- PA
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Sharekhan Equity Intraday and Delivery Brokerage Calculator for Paytm Money
Futures Brokerage Calculator Futures Brokerage Calculator for Sharekhan Futures Brokerage Calculator for Paytm Money
Options Brokerage Calculator Options Brokerage Calculator for Sharekhan Options Brokerage Calculator for Paytm Money
Detail Detail on Trading Platforms for sharekhan Detail on Trading Platforms for paytm-money

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Broker Ratings by Users

Compare Sharekhan vs Paytm Money on User Rating

  Sharekhan Paytm Money
  182 Customer Reviews    Rate Sharekhan 4 Customer Reviews    Rate Paytm Money
Fees Ratings 3.2 3.8
Trading Brokerage Rating 3.1 4.5
Trading Platform Usability 3.9 3.0
Customer Service Ratings 3.5 3.5
Overall Ratings Rated 3.6 stars Rated 4.0 stars
Broker Rating Sharekhan is Rated 3.6 / 5 based on 182 customer reviews Paytm Money is Rated 4.0 / 5 based on 4 customer reviews
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Investment Offerings

Compare Sharekhan vs Paytm Money on Investment Offerings

Compare Sharekhan 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 - Sharekhan 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) - Sharekhan provide PMS Service where Paytm Money doesn't offer

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

Compare Sharekhan vs Paytm Money on Order Types

Order Type - Compare Sharekhan 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) - 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Sharekhan offers Good Till Cancelled (GTC) orders where Paytm Money doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Sharekhan with Paytm Money
Order Type Compare Sharekhan Paytm Money
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 Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Sharekhan vs Paytm Money on Customer Service

Compare Sharekhan 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 Support - Compare Sharekhan with Paytm Money
Customer Service Compare Sharekhan Paytm Money
24/7 Customer Service Sharekhan vs Paytm Money - 24x7 customer support No No
Email Support Sharekhan vs Paytm Money - Email Support Yes Yes
Onine Live Chat Sharekhan vs Paytm Money - Onine Live Chat Yes No
Phone Support Sharekhan vs Paytm Money - Phone Support Yes Yes
Toll Free Number Sharekhan vs Paytm Money - Toll Free Number Yes No
Through Branches Sharekhan vs Paytm Money - Through Branches Yes No
Customer Care Number Sharekhan vs Paytm Money - Customer Care Number 1800227500 0120-4770-440
Account Opening Process Sharekhan vs Paytm Money - Account Opening Process Offline Online/Paperless
Customer Support Email Sharekhan vs Paytm Money - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Sharekhan vs Paytm Money - Knowledge Center/Education https://www.sharekhan.com/help/hello https://www.paytmmoney.com/blog/?utm_source=Social&utm_medium=Blog&utm_campaign=Launch
Head Office Address Sharekhan vs Paytm Money - Head Office Address/Corporate Address Sharekhan Limited,
10th Floor,
Beta Building,
Lodha iThink Techno Campus,

Kanjurmarg (East),
Mumbai-MH– 400042
Paytm Money Stock Broking
Essae Vaishnavi Summit
Ground Floor, Koramangla,
80 Feet Road, Bengaluru - 560034
Website Sharekhan vs Paytm Money - Company Website https://www.sharekhan.com https://www.paytmmoney.com/
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Tips/Research/Reports Published

Compare Sharekhan vs Paytm Money on Research Reports, Tips

Compare Sharekhan with Paytm Money on research reports and tips provided by the broker.

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

Compare Sharekhan vs Paytm Money on Demat Account

Compare Sharekhan with Paytm Money on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Sharekhan with Paytm Money
  Sharekhan Paytm Money
DP Source CDSL CDSL
DP ID Sharekhan vs Paytm Money - DP ID 36000 CDSL: 1208
Demat Account Annual Maintenance Charges(AMC) ₹500 pa Nil
Advance Deposit Rs. 500 Advance which will be adjusted against billing (Optional) .Tariff D-"Deposit Rs. 2999 (refund of deposit Rs. 2000 on closure)
Statutory charges Actual Stamp Paper Charges Nil
Transaction Charges on Debit (Per ISIN) 0.03% (Min ₹30) + ₹5.50 (CDSL Charges) ₹10 per ISIN
Demat ₹5 per certificate (Min 50 per request) ₹250 per 100 shares
Remat ₹50 per certificate or ₹50 for every hundred securities ₹250 for 100 shares
Pledge Creation 0.03% (Min ₹100) ₹32 per ISIN
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil ₹32 per ISIN
Pledge Closure Confirmation Nil Nil
Pledge Invocation Nil ₹32 per ISIN
Failed Instruction Charges Nil Nil
Other Charges Freeze/De-freeze - ₹25 per transaction
Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
Client Master changes ₹30 per request
Nil

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Special Offers,Advantages,Disadvantages

Compare Sharekhan vs Paytm Money on Special Offers and Promotion

Compare Sharekhan with Paytm Money on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Sharekhan vs Paytm Money on Special Offers and Promotion
  Sharekhan Paytm Money
Pay In and Pay Out Options Sharekhan vs Paytm Money - Pay In and Pay Out Options Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from RelianceSmartMoney platform.
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 Sharekhan vs Paytm Money - Payout Time Max 24 hrs except bank holidays Max 24 hrs except bank holidays
Bank Supported and Charges Sharekhan vs Paytm Money - Bank Supported and Charges Info Not Available Paytm Money allows 190+ Banks.
Bank Detail Sharekhan Limited
Account No.:9035<> SK21<>
Bank:YES BANK
Branch:MUMBAI
Account Type:CURRENT
IFSC Code:YESB0000001
Info Not Available
Likes

Detail Review...

Detail Review...

Dislikes
  • Residents can’t open a 3-in-1 account.
  • Limited choice of banks to open the NRIs 3-in-1 account.
  • High brokerage charges.
  • Classic account holders can't trade in the commodity segment.

Detail Review...

  • A 3-in-1 Account is not available.
  • Platform Charges Rs. 300 per year.
  • High call & trade charges of Rs. 300 per executed order.
  • Paytm Money doesn’t offer commodity and currency trading services.
  • You cannot open an offline account with Paytm Money.
  • It only offers online services, thus, branch support is not available.
  • NRI can’t open an account with Paytm Money.
  • Margin funding and margin against share are not available.
  • Hidden Charges: Digital KYC Charges Rs 200 one time.

Detail Review...

Special Offers/Promo Get Free Trading + Demat Account (Rs 1150 waived on account opening) for a limited time. Life Time Free Equity Delivery Trades + ₹0 account opening fee + ₹300 of free brokerage + Free Demat Account with Zero AMC
Enquiry Enquire for Sharekhan Enquire for Paytm Money

Last Updated on 2020-12-04T03:16:56+00:00


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