Geojit Vs Paytm Money Demat Account Comparison

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

Paytm Money Limited, popularly known as Paytm Money, is an online discount broker providing a wide range of services to its customers. The company offers to invest in Equity, Derivatives, NPS, Digital Gold, Mutual Funds, and IPO. Paytm Money offers Demat account to its customers with zero maintenance charges.

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

Ground Floor No. 6/B, Vaishnavi Summit, 80 Feet Rd, Koramangala 1A Block, Bengaluru – 560034

Demat Account Services

Trading and Depository Services. The depository services include account opening, Demat requests, Remat requests, pledge creation, closure, invocation, Off-market transfers etc.

Nil

Nil

1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
2. NRI Clients: RS 2000 (Rs 750 electronic communication)
3. Corporate Accounts: Rs 1250
4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

Free - Zero maintenance charges

Nil

Nil

Nil + Courier Charges @ Rs 35

Rs 250 per 100 shares + depository charges

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

Rs 250 per 100 shares + depository charges

For Geojit debit:

• 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
• 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

• 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

• 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
• 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

Rs 10 per ISIN

Rs 50 per trans, Rs 100 per transaction for BSDA clients

Rs 10 per ISIN

NIL

Rs 50 per trans Rs 100 for BSDA clients

Rs 10 per ISIN

NIL

Off-market transfers - Rs 10 per ISIN