Parim Finserv Vs SBICAP Securities
Parim Finserv
Parim Finserv Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Parim Finserv Vs SBICAP Securities - Broker Details
| Parim Finserv | SBICAP Securities | |
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| Single Margin Facility |
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| Year of Incorporation | N/A | 1986 |
| Exchanges | BSE, NSE and MCX. | NSE, BSE |
| Branches | 146 | 141+ |
| Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | 0.075% |
| Broker Type | Discount Broker | Full service Broker |
Parim Finserv Vs SBICAP Securities - Account Opening & AMC Charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Trading Account Opening Charge | ₹325 + 15% Service Tax | ₹850/- |
| Demat Account Opening Charge | ₹325 + 15% Service Tax | ₹0 (Free) |
| Demat Account AMC | ₹1375/- Lifetime AMC | ₹750 (₹500/- for e-statement) |
| Trading Account AMC | NA | ₹0 (Free) |
Parim Finserv Vs SBICAP Securities - Brokerage charges & Plans
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
Parim Finserv Vs SBICAP Securities - Other Charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹20/Order |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20 per order | ₹10/Order |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/Order |
Parim Finserv Vs SBICAP Securities - Transaction Charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Currency Options | NSE: Exchange txn charge: 0.035% | NSE: 0.05515% ( ₹5515/Crore) |
| Equity Futures | NSE: 0.0019% | NSE:- 0.002206% ( ₹221/Crore) |
| Equity Intraday | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00386% | BSE: 0.00384% |
| Equity Options | NSE: 0.050% | NSE- 0.05515% (Rs.5515/crore) |
| Commodity | Non-Agri ₹360/Cr (0.0036%) | Agri ₹275/Cr (0.00275%) | N/A |
| Currency Futures | NSE: Exchange txn charge: 0.0009% | 0.002206% |
| Equity Delivery | BSE: 0.00375% | NSE: 0.00325% | NSE: 0.00386% | BSE: 0.00384% |
Parim Finserv Vs SBICAP Securities - Margin (Exposure)
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Parim Finserv Vs SBICAP Securities - Features
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Parim Finserv Vs SBICAP Securities - Review & Rating
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Parim Finserv Vs SBICAP Securities - Request a call back from Broker
| Parim Finserv | SBICAP Securities | |
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Parim Finserv Vs SBICAP Securities - Investment Options
| Parim Finserv | SBICAP Securities | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Parim Finserv Vs SBICAP Securities - Order Type
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Parim Finserv Vs SBICAP Securities - Research & Report
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Parim Finserv Vs SBICAP Securities - Daily Market Report
| Parim Finserv | SBICAP Securities | |
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| Daily Market Reports & News |
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Parim Finserv Vs SBICAP Securities - Suitable For Investor
| Parim Finserv | SBICAP Securities | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Parim Finserv Vs SBICAP Securities - Pros & Cons
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Pros | 1. offer a variety of investment options 2. Real-time market data and analysis tools. 3. It provides education facility to its customers. 4. It avails its customers with refer and earn program. 5. good customer service, 6. Market and historical data available. | 1. Arm of most trusted and largest bank of India i.e. State Bank of India (SBI). 2. 115+ branches across India. 3. Provides 3-in-1 account. 4. SBI Smart app and YONO app for resident Indians and NRIs. 4. Research reports and advisory services. 5. Online and offline trading facility. 6. Trade on call facility. 7. Full-service broker. |
| Cons | 1.Non availability of 3-in-1 account 2.Limited trading tools and advanced features. 3. Compared to other discount brokers exchange transaction charges are also very high. 4. Technology and Platforms 5. Parim Finserve offers such services, advantageous for investors looking for expert insights. | 1.Very high brokerage in comparison to the online discount stock broker. 2.Call and trade is free for first 30 calls, after that it is charged at ₹10/Call. |
Parim Finserv Vs SBICAP Securities - Background
| Parim Finserv | SBICAP Securities | |
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Parim Finserv Vs SBICAP Securities - Compare All Brokers
| Parim Finserv | SBICAP Securities | |
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Parim Finserv Vs SBICAP Securities - STT/CTT
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Parim Finserv Vs SBICAP Securities - Demat transaction charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
Parim Finserv Vs SBICAP Securities - GST
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Parim Finserv Vs SBICAP Securities - SEBI Charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Parim Finserv Vs SBICAP Securities - Account Opening & AMC Charges
Parim Finserv
SBICAP Securities
Trading Account Opening Charge
₹325 + 15% Service Tax
₹850/-
Demat Account Opening Charge
₹325 + 15% Service Tax
₹0 (Free)
Demat Account AMC
₹1375/- Lifetime AMC
₹750 (₹500/- for e-statement)
Trading Account AMC
NA
₹0 (Free)
Parim Finserv Vs SBICAP Securities
| Parim Finserv | SBICAP Securities | |
|---|---|---|
Parim Finserve Account Opening Charges |
SBICAP Securities Review | Brokerage Charges, Account OpeningIncorporated in 2006 as a stock broking brand of State Bank of India Group and a fully owned subsidiary of SBI Capital Markets Limited (SBICAPS). Currently, SBI Capital Markets Ltd. has four subsidiaries. • SBICAP Securities Limited • SBICAP V .. |
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SBICAP Securities
SBICAP Securities is a full service Broker. SBICAP Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages, SBICAP loan facilities, SBICAP Mutual Funds, SBICAP is a Trusted Brand of India with its strong presence in the Indian Brokerage Industry
Parim Finserv Vs SBICAP Securities - Brokerage charges & Plans
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Commodity Futures | N/A | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Delivery | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Commodity Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹50 | Delivery:- ₹100/- |
| Equity Futures | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- 0.03% | Delivery:- 0.05% |
| Currency Options | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- ₹4 Per Lot | Intraday:- ₹20 | Delivery:- ₹30/- |
| Fixed Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
| Equity Intraday | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
Parim Finserv Vs SBICAP Securities - Margin (Exposure)
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Parim Finserv Vs SBICAP Securities - Other Charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| RMS Square Off Charge | ₹20 per order | ₹20/Order |
| API Charges | N/A | N/A |
| Call & Trade Charges | ₹20 per order | ₹10/Order |
| Other Brokerage Charges | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | Intraday:- 0.075% | Delivery:- 0.50% |
| Minimum Brokerage | 20-20 Plan - ₹20 Per order | Beginner Plan - ₹1790/- Per Month | Diamond Plan- [-] | ₹20/Order |
Parim Finserv Vs SBICAP Securities - STT/CTT
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.0125% on sell side | 0.01% on Sell Side |
| Commodity Options | 0.05% on sell side | 0.05% on sell side |
Parim Finserv Vs SBICAP Securities - Demat transaction charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity Demat Transaction Charges | ₹20 + Gst per scrip only on sell | ₹10 + GST per scrip only on sell |
Parim Finserv Vs SBICAP Securities - GST
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on ( Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Parim Finserv Vs SBICAP Securities - SEBI Charges
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Parim Finserv Vs SBICAP Securities - Features
| Parim Finserv | SBICAP Securities | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
|
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| Referral Program |
|
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| Collateral Margin |
|
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Cash and derivatives :- 3:20 pm | Commodity :- 11:30 P.M | Currency: 4:45 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. Parim Trade Mobile App, 2. Parim Web-Terminal, 3. Parim XTS-desktop software. | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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