Paytm Money vs SBI Securities Reviews 2024 | Which Is Better

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Paytm Money vs SBI Securities

Paytm Money , founded in 2017 , is a discount broker. It offers trading on the NSE and BSE. It has one branch across India.Full Service Broker SBI Securities was founded in 2006. It provides trading on the The, Multi Commodity Exchange, NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 132 of its branches in India

Paytm Money

Paytm Money vs HDFC Securities

Paytm Money, on the other hand, attracts new and tech investors with
its user-friendly interface, low commissions and seamless integration with the Paytm
ecosystem. It stands out for its simplicity and accessibility, making it ideal for beginners. Both
platforms have their strengths, with Kotak suitable for in-depth trading and Paytm Money
facilitating and cost-effective investing.

Founded in 2017, Paytm Money Limited (commonly known as Paytm Money) is a discount
brokerage company based in Bengaluru. Paytm Money is a wholly owned subsidiary of
One97 Communications Ltd, India’s largest and leading digital products and mobile platform,
which also owns the Paytm Money brand. Paytm is an Indian e-commerce payment system
approved by the RBI. Paytm Money is a SEBI registered stockbroker and investment
advisor.

SBI Securities

Paytm Money vs SBI Securities

SBI Securities Ltd (SSL) is the State Bank Group’s stock broking arm and a 100%
subsidiary of SBI Capital Markets Ltd. SSL is a full-service stockbroker. The company,
founded in 2006, provides Institutional Equity, Retail Equity, Derivatives, Broking, Depository
services, and Third Party Distribution products. They also offer online trading services for
investors and traders.

Also SBI Smart is the company’s premier trading platform. The portal enables both resident
and non-resident Indians (NRIs) to invest online in equity, derivatives, mutual funds, ETFs,
IPOs, and NCDs. It also provides financing products such as home loans, car loans, and
loans against securities (LAS). SSL is registered with the Securities Exchange Board of India
and is a Depository Participant with NSDL and CDSL.

Kotak Securities, founded in 1994, is a full-service broker. It offers trading on the BSE, NSE,
MCX, and NCDEX. It operates 153 branches across India. SBI Securities, founded in 2001,
is a full-service broker. It offers trading on the BSE and NSE. It operates 117 branches
across India.

Paytm MoneySBI Securities
Establishment Year20172006
FounderVijay Shekhar SharmaArun Mehta
Exchange of
Membership
NSE, BSE BSE & NSE.
Broker TypeDiscount BrokerFull Service Broker
Branches1132

Paytm Money vs SBI Securities Charges

ChargesPaytm MoneySBI Securities
Trade and Call Charge(₹50 + 18%
GST) per order.
Rs 10 per call (after
30 free calls a
month
Minimum Brokerage
Charges
NARs 0.05 for Cash,
Rs 0.01 Future

Paytm Money vs SBI Securities Offers

OffersPaytm MoneySBI Securities
Free AMC
Free Brokerage
Free Account Opening
Charge
Flat Brokerage
Charges
,
Flexible Brokerage
Charges
Free Intraday Charges
Free Delivery Charges
Margin Funding and
Pledging
Refferal OffersUpto Rs.700
per Client
Zero brokerage for
Loss Making Trade
, Limited
Brokerage Cashback
Free Trading Calls
Free Research Report

Paytm Money vs SBI Securities Product Provided

TypePaytm MoneySBI Securities
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Currency Option
Currency Future
Commodity Options
Commodity Future
Mutual Funds
Foreign stocks
Banking
Insurance
Digital Gold
Govt. Bonds
Corporate Bonds

Paytm Money vs SBI Securities Advisory Services Provided

TypePaytm MoneySBI Securities
IPO Serviceicon name=”check” prefix=”fas”]
Weekly and Monthly
Review
icon name=”check” prefix=”fas”]
Daily Stock Picks and Stock Tipsicon name=”check” prefix=”fas”]
PMS or PCGicon name=”check” prefix=”fas”]
Trading Institution
, Investor
Sarathi
Demat and Trading
Service
Intraday Service
Share Pledging
NRI Service
3 In 1 Account
Company and Annual Report
Stock Recommendation
and Research report

Features Of Paytm Money vs SBI Securities

FeaturesPaytm MoneySBI Securities
Chart
Automated Trading
3 in 1 Account
Sms Alerts
Margin Against Shares (Equity Cash)
Margin Against Shares
(Equity F&O)
Online Portfolio
Online Demo
Intraday Square-Off Time3.15pm2:45 PM
Global Indices
Real Time Update
Stock Tips
Multi Profile Management
Interactive Charts
Customised Recommendation
Online MF Buy

Paytm Money vs SBI Securities Demat And AMC Charges

Paytm Money has Rs.0 annual maintenance cost (AMC) for trading accounts Many investors favour it because of its competitive cost, user-friendly layout, and excellent customer service . SBI Securities account opening fees are Rs 850. SBI Securities Demat Account AMC Charges are Rs 750 (free for the first year). Below the table shows Charges of both the platform.

ChargesPaytm MoneySBI Securities
Demat Account Opening ChargesRs.0 (Free)Rs 850
Demat Account AMC ChargesRs. 300 (from 2nd
year)
750 (Free for 1st
Year)
Trading Account Opening ChargesRs. 0 (Free)Rs 850
Trading Account AMC ChargesRs. 0 (Free)Rs 850

Paytm Money vs SBI Securities Brokerage Charges

Paytm Money offers low-cost brokerage with no delivery fees and competitive rates for intraday and F&O trades. whereas HDFC Securities charges 0.32% for equity broking and 0.032% for intraday trading. Special Offer: Invest in Equity Delivery and Direct Mutual Funds without paying any broking fees. Intra-day and F&O trades are charged a flat rate of Rs 20.Below the table shows brokerage charges of both the platforms.

Brokerage ChargesPaytm MoneySBI Securities
Brokerage PlanFlat BrokerageStandard Plan
Equity DeliveryRs.15 per Trade &
2.5% (whichever is
lower)
0.50% of
Transaction
Value
Equity IntradayRs.15 per Trade or
0.05% (whichever
is Lower)
0.075% of
Transaction
Value
Equity OptionRs.15 per TradeRs.50 to Rs.100
per lot
Equity FutureRs.15 per Trade or
0.02% (whichever
is lower).
0.05% of
Transaction
Value
Currency OptionNARs.20 to Rs.30
per lot
Currency FutureNA0.05% of
Transaction
Value
Commodity OptionNARs.50 to Rs.100
per lot
Commodity FutureNA0.05% of
Transaction
Value

Paytm Money vs SBI Securities Leverage (Margin)

the Paytm Money offers up to 20% of the trade value (5x leverage) for intraday cash transactions, while the SBI Securities margin for intraday cash is likewise up to 20% of the trade value (5x leverage). Below the table shows some of its margin leverage

LeveragePaytm MoneySBI Securities
Equity DeliveryUp to 20% of Trade
Value (5x leverage)
100% of trade value of
(1x leverage)
Equity Intraday100% of Trade Value (1x Leverage)Up to 20% of trade
value of (5x leverage)
F&O (Currency, Equity,
Commodity)
100% of NRML Margin
(Span + Exposure) (1x
Leverage)
100% of NRML margin
(Span + Exposure) (1x
leverage)

Paytm Money vs SBI Securities Pros And Cons

Pros:

Paytm MoneySBI Securities
1)A direct mutual fund platformthat increases your returns by1%.

2)No Upkeep Fees Andinstantaneous establishment of a digital account.

3)Investments in mutual fundsthat are free of hidden fees.

4)A direct mutual fund platformthat increases your returns by1%. Investments in mutual funds that have no additional fees. A direct mutual fund platform that increases your returns by 1%.

5)Straightforward anduncomplicated trading systems.6) Offers to invest in stocks,derivatives, mutual funds, NPS,and digital gold.
1)It Offer a 3-in-1 account foreasy transactions.

2) A wide variety of investingopportunities. Free researchreports are accessible.

3) Full-service broker thatprovides services both onlineand through branches.

Cons:

Paytm MoneySBI Securities
1)Fee for trading platforms: Rs.30 per month and No facility formargin trading.

2)There is no branch supportprovided and Order type for GTC is not available.

3)Trading in commodities andcurrencies is not possible.

4) No margin facility
1)Full-service broker thatprovides services both onlineand through branches.

2) Offer a 3-in-1 account foreasy transactions.

3) A wide variety of investingopportunities. Free researchreports are available.

Complaints Of Paytm Money vs SBI Securities

Data from 2024 reveals that Paytm Money received 193 complaints and resolved 170 whereas whereas SBI Securities received 180 complaints and resolved 161. This shows that SBI Securities performs better in terms of customer service than Paytm Money . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.

ComplaintsPaytm MoneySBI Securities
Total Complaints Lodged193180
Total Complaints Resolved170161
% Of Total Complaints Resolved80.30%80.50 %
Non Actionable Complaints2712
% Of Non Actionable Complaints9.38%6.30%

Paytm Money vs SBI Securities Transactions Charges

Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.

Transaction ChargesPaytm MoneySBI Securities
Equity DeliveryNSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (sell side)0.00335% (NSE)
&0.00375% (BSE)
Equity IntradayNSE Rs 345 per Cr (0.00345%) | BSE Rs 375 per Cr (0.00375%) (each side)0.00335% (NSE)
& 0.00375%
(BSE)
Equity OptionNSE Rs 5300 per Cr (0.053%) (on premium)0.053% (on
premium)
Equity FutureBSE Rs 200 per Cr (0.002%)0.002% (NSE &
BSE)
Currency OptionNA0.037% (NSE) &
0.001% (BSE)
Currency FutureNA0.0009% (NSE)
& 0.00022%
(BSE)
Commodity OptionNA0.05% (Non Agri)
Commodity FutureNANA

Review Comparison Of Dhan vs SBI Securities By Customer

Paytm Money is rated 8 of 10 , whereas HDFC Securities is rated 8.5 of 10

RatingPaytm MoneySBI Securities
Brokerage8/108/10
Customers Service5.5/108.5/10
Fees9/106/10
Trading Platform7.5/108.5/10
Research6109/10
Broker Rating7/108/10
Overall Rating8/108.5/10

Conclusion: . Paytm Money is praised for its low-cost architecture, intuitive user interface, and cutting-edge technologies like the Paytm Money platform. It is especially appealing to traders who are tech-savvy yet cost-conscious. Though both sites are trustworthy and regulated, the decision comes down to personal preferences: Paytm Money offers affordable costs and cutting-edge technology.SBI Securities, supported by the State Bank of India, offers dependable services at cheap broking fees and high customer confidence. Choosing between them is based on the importance of sophisticated features versus cost-efficiency and trust.

Customer Care Number/Email

Paytm Money :- 0120-3888388 / 0120-3925699

SBI Securities:- 022-42273373

Client can contact this number for clearing your doubt.

Kotak Securities Support Email: service.securities@kotak.com

SBI Securities Support Email :- helpdesk@sbicapsec.co

Client can contact on this email for clearing your doubt.

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