SBIcap Securities vs Paytm Money Comparison: 2024

About SBIcap Securities

SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.

SBI Cap Securities: Overview

Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.

It offers a 3-in-1 account feature, like other financial broking firms for direct

About Paytm Money

The best part about Paytm Money is in the fact that it carries the brand name Paytm. Now while that provides a huge advantage from a branding perspective, whether it is enough from a functional perspective, we’ll see.

Paytm Money: An Overview

Paytm Money is a mutual fund trading app, facilitating payments through net banking, UPI, OTM. However, it launched its discount broking wing sometime back and is planning to expand its user base towards the stock investors and traders. Paytm Money’s target market happens to be one of the largest population demographics, i.e the young and middle aged. With Paytm Money, the company joints it’s easy to use interface with quality and service standards set by Paytm.

All this while it ventures into the mutual fund app space and further diversifying into the stock broking services in India. Paytm is an Indian company, funded by Alibaba and backed by Ratan Tata

SBIcap Securities vs Paytm Money Account Opening Charges: 2024

ChargeSBIcap SecuritiesPaytm Money
Demat Account Opening Charges₹0₹0 (Free)
Trading Acc Opening Charges₹850Rs. 200 (One time Digital KYC) + Rs. 300 Account Opening Charges
Trading Account AMC₹0₹0 (Free)
Demat Account AMC₹350Annual Platform Fees of Rs.300

SBIcap Securities vs Paytm Money Brokerage Charges and Plans : 2024

ChargeSBIcap SecuritiesPaytm Money
Plan NameeZ-trade PlanBasic Plan
Equity Delivery0.50%₹0
Equity Intraday0.05%0.05% of turnover or ₹10 whichever is lower
Equity Futures0.05%0.05% of turnover or ₹10 whichever is lower
Equity Options₹100 per lot0.05% of turnover or ₹10 whichever is lower
Currency Futures0.03%0.05% of turnover or ₹10 whichever is lower
Currency Options₹30 per lot0.05% of turnover or ₹10 whichever is lower
Commodity OptionsNA0.05% of turnover or ₹10 whichever is lower
Mutual FundN/AN/A

SBIcap Securities vs Paytm Money Margin / Exposure: 2024

SegmentSBIcap SecuritiesPaytm Money
Equity Delivery2xUpto 4x
Equity IntradayUpto 5xUpto 20x
Equity FutureNilUpto 3x
Equity OptionsNilUpto 5x
Currency FutureNilUpto 2x
Currency OptionsNilUpto 3x
Commodity FutureN/AUpto 3x
Commodity OptionsN/AN/A

SBIcap Securities vs Paytm Money Currency Charges and Plans: 2024

SBIcap Securities charge 0.03% for Currency Futures and ₹30 per lot for Currency Options whereas Paytm Money Charges 0.05% of turnover or ₹10 whichever is lower for Currency futures and 0.05% of turnover or ₹10 whichever is lower for Currency options.

SBIcap Securities vs Paytm Money Commodity Charges and Plans: 2024

SBIcap Securities charge NA for commodity and Paytm Money charge 0.05% of turnover or ₹10 whichever is lower for commodity.
Ask your questions here

Frequently Asked Questions or FAQs

Paytm Money and SBI Cap Securities have many differences when it comes to the brokerage, segments of investment offered, and other such parameters. We have illustrated everything in detail below to know what these differences are and which one you might want to choose.

Other Comparisons of SBIcap Securities and Paytm Money

SBIcap SecuritiesPaytm Money
SBIcap Securities vs 5paisaPaytm Money vs 5paisa
SBIcap Securities vs StoxkartPaytm Money vs Stoxkart
SBIcap Securities vs HDFC SecuritiesPaytm Money vs HDFC Securities
SBIcap Securities vs ICICI DirectPaytm Money vs ICICI Direct
SBIcap Securities vs Master TrustPaytm Money vs Master Trust
SBIcap Securities vs Trading BellsPaytm Money vs Trading Bells
SBIcap Securities vs ProStocksPaytm Money vs ProStocks
SBIcap Securities vs Reliance SecuritiesPaytm Money vs Reliance Securities
SBIcap Securities vs EdelweissPaytm Money vs Edelweiss
SBIcap Securities vs FyersPaytm Money vs Fyers
SBIcap Securities vs Prabhudas LilladherPaytm Money vs Prabhudas Lilladher
SBIcap Securities vs AxisDirectPaytm Money vs AxisDirect
SBIcap Securities vs Yes SecuritiesPaytm Money vs Yes Securities
SBIcap Securities vs Angel BrokingPaytm Money vs Angel Broking
SBIcap Securities vs Wisdom CapitalPaytm Money vs Wisdom Capital
SBIcap Securities vs GrowwPaytm Money vs Groww
SBIcap Securities vs Anand RathiPaytm Money vs Anand Rathi
SBIcap Securities vs Ventura SecuritiesPaytm Money vs Ventura Securities
SBIcap Securities vs Motilal OswalPaytm Money vs Motilal Oswal
SBIcap Securities vs IndiabullsPaytm Money vs Indiabulls
SBIcap Securities vs FinvasiaPaytm Money vs Finvasia
SBIcap Securities vs IIFL SecuritiesPaytm Money vs IIFL Securities
SBIcap Securities vs Trade Smart OnlinePaytm Money vs Trade Smart Online
SBIcap Securities vs Alice BluePaytm Money vs Alice Blue
SBIcap Securities vs Karvy Stock Broking Ltd.Paytm Money vs Karvy Stock Broking Ltd.
SBIcap Securities vs UpstoxPaytm Money vs Upstox
SBIcap Securities vs IDBI DirectPaytm Money vs IDBI Direct
SBIcap Securities vs Nirmal BangPaytm Money vs Nirmal Bang
SBIcap Securities vs Marwadi SharesPaytm Money vs Marwadi Shares
SBIcap Securities vs SharekhanPaytm Money vs Sharekhan
SBIcap Securities vs Kotak SecuritiesPaytm Money vs Kotak Securities
SBIcap Securities vs SAMCOPaytm Money vs SAMCO
SBIcap Securities vs ZerodhaPaytm Money vs Zerodha