SBICAP Securities Vs Groww
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
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
SBICAP Securities Vs Groww - Broker Details
| SBICAP Securities | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1986 | 2016 |
| Exchanges | NSE, BSE | NSE and BSE. |
| Branches | 141+ | Zero |
| Brokerage | 0.075% | ₹20/ Order |
| Broker Type | Full service Broker | Discount Broker |
| Call Back Open Account |
SBICAP Securities Vs Groww - Account Opening & AMC Charges
| SBICAP Securities | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹850/- | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹750 (₹500/- for e-statement) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Call Back Open Account |
SBICAP Securities Vs Groww - Brokerage charges & Plans
| SBICAP Securities | Groww | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | N/A |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | N/A |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | N/A |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | N/A |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
SBICAP Securities Vs Groww - Other Charges
| SBICAP Securities | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | N/A |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
| Call Back Open Account |
SBICAP Securities Vs Groww - Transaction Charges
| SBICAP Securities | Groww | |
|---|---|---|
| Currency Options | NSE: 0.05515% ( ₹5515/Crore) | N/A |
| Equity Futures | NSE:- 0.002206% ( ₹221/Crore) | NSE:- 0.002% |
| Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE- 0.05515% (Rs.5515/crore) | NSE:- 0.053% on premium |
| Commodity | N/A | N/A |
| Currency Futures | 0.002206% | N/A |
| Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account |
SBICAP Securities Vs Groww - Margin (Exposure)
| SBICAP Securities | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
SBICAP Securities Vs Groww - Features
| SBICAP Securities | Groww | |
|---|---|---|
| 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 | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |
SBICAP Securities Vs Groww - Review & Rating
| SBICAP Securities | Groww | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
SBICAP Securities Vs Groww - Request a call back from Broker
| SBICAP Securities | Groww | |
|---|---|---|
| Call Back Open Account |
SBICAP Securities Vs Groww - Investment Options
| SBICAP Securities | Groww | |
|---|---|---|
| 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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| Call Back Open Account |
SBICAP Securities Vs Groww - Order Type
| SBICAP Securities | Groww | |
|---|---|---|
| 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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| Call Back Open Account |
SBICAP Securities Vs Groww - Research & Report
| SBICAP Securities | Groww | |
|---|---|---|
| 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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| Call Back Open Account |
SBICAP Securities Vs Groww - Daily Market Report
| SBICAP Securities | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account |
SBICAP Securities Vs Groww - Suitable For Investor
| SBICAP Securities | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account |
SBICAP Securities Vs Groww - Pros & Cons
| SBICAP Securities | Groww | |
|---|---|---|
| Pros | 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. | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. |
| Cons | 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. | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. |
| Call Back Open Account |
SBICAP Securities Vs Groww - Background
| SBICAP Securities | Groww | |
|---|---|---|
| Call Back Open Account |
SBICAP Securities Vs Groww - Compare All Brokers
| SBICAP Securities | Groww | |
|---|---|---|
| Call Back Open Account |
SBICAP Securities Vs Groww - STT/CTT
| SBICAP Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
SBICAP Securities Vs Groww - Demat transaction charges
| SBICAP Securities | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
SBICAP Securities Vs Groww - GST
| SBICAP Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
SBICAP Securities Vs Groww - SEBI Charges
| SBICAP Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
SBICAP Securities Vs Groww - Account Opening & AMC Charges
SBICAP Securities
Groww
Trading Account Opening Charge
₹850/-
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹750 (₹500/- for e-statement)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
SBICAP Securities Vs Groww
| SBICAP Securities | Groww | |
|---|---|---|
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 .. + " Vs "+ Groww |
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. |
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Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
SBICAP Securities Vs Groww - Brokerage charges & Plans
| SBICAP Securities | Groww | |
|---|---|---|
| Commodity Futures | Intraday:- 0.03% | Delivery:- 0.05% | N/A |
| Currency Futures | Intraday:- ₹50 | Delivery:- ₹100/- | N/A |
| Equity Delivery | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Intraday:- ₹50 | Delivery:- ₹100/- | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | Intraday:- ₹50 | Delivery:- ₹100/- | N/A |
| Equity Futures | Intraday:- 0.03% | Delivery:- 0.05% | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | Intraday:- ₹20 | Delivery:- ₹30/- | N/A |
| Fixed Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order |
| Equity Intraday | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account |
SBICAP Securities Vs Groww - Margin (Exposure)
| SBICAP Securities | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account |
SBICAP Securities Vs Groww - Other Charges
| SBICAP Securities | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/Order | ₹50/ Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹10/Order | N/A |
| Other Brokerage Charges | Intraday:- 0.075% | Delivery:- 0.50% | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/Order | ₹20/ Order |
SBICAP Securities Vs Groww - STT/CTT
| SBICAP Securities | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both Buy and Sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
SBICAP Securities Vs Groww - Demat transaction charges
| SBICAP Securities | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹10 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
SBICAP Securities Vs Groww - GST
| SBICAP Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + SEBI Fee) | 18% ( Brokerage + Transaction charges) |
SBICAP Securities Vs Groww - SEBI Charges
| SBICAP Securities | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
SBICAP Securities Vs Groww - Features
| SBICAP Securities | Groww | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM |
| Trading Platform | 1. SBISmart Portal (Web-based trading platform). 2. SBISmart Xpress (Desktop Trading Software). 3. SBISmart Lite (Website Trading). 4. SBISmart Mobile App. | Groww Web (Browser based trading website) , Groww Mobile Application |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |