Paytm Money vs Sharekhan Comparison: 2024

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

About Sharekhan

One of the largest full service broker, Sharekhan is based in Mumbai, and has a client base of more than 17 lakh accounts. Sharekhan, is one of the biggest names in Indian equity and derivative trading and was a pioneer in the field of online trading. Sharekhan’s holding company is BNP Paribas, a Euronext Paris Stock Exchange listed entity with a history in banking. It is regulated by Securities and Exchange Board of India (SEBI).

Sharekhan: Overview

Sharekhan was established in the year 2000 in Mumbai, Maharashtra. Originally, Sharekhan was a subsidiary of SSKI Group and it later got acquired by BNP Paribas Group. Sharekhan’s network is spread over 550 cities. Here, they are spread out in over 1850 offices, with a presence in middle-eastern countries like Oman and UAE.

Sharekhan offers a wide range on investment and advisory services like market news, comprehensive research reports, stock quotes, fundamental and statistical analysis

Paytm Money vs Sharekhan Account Opening Charges: 2024

ChargePaytm MoneySharekhan
Demat Account Opening Charges₹0 (Free)₹0
Trading Acc Opening ChargesRs. 200 (One time Digital KYC) + Rs. 300 Account Opening Charges₹0
Trading Account AMC₹0 (Free)₹0
Demat Account AMCAnnual Platform Fees of Rs.300₹400 (Free for 1st year with trading account)

Paytm Money vs Sharekhan Brokerage Charges and Plans : 2024

ChargePaytm MoneySharekhan
Plan NameBasic PlanClassic Account
Equity Delivery₹00.50%
Equity Intraday0.05% of turnover or ₹10 whichever is lower0.10%
Equity Futures0.05% of turnover or ₹10 whichever is lower0.10%
Equity Options0.05% of turnover or ₹10 whichever is lower₹50 per lot
Currency Futures0.05% of turnover or ₹10 whichever is lower0.10%
Currency Options0.05% of turnover or ₹10 whichever is lower₹30 per lot
Commodity Options0.05% of turnover or ₹10 whichever is lower0.03%
Mutual FundN/AN/A

Paytm Money vs Sharekhan Margin / Exposure: 2024

SegmentPaytm MoneySharekhan
Equity DeliveryUpto 4xUpto 5x
Equity IntradayUpto 20xUpto 10x
Equity FutureUpto 3x2x
Equity OptionsUpto 5xNil
Currency FutureUpto 2xNil
Currency OptionsUpto 3xNil
Commodity FutureUpto 3xUpto 2x
Commodity OptionsN/AN/A

Paytm Money vs Sharekhan Currency Charges and Plans: 2024

Paytm Money charge 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 whereas Sharekhan Charges 0.10% for Currency futures and ₹30 per lot for Currency options.

Paytm Money vs Sharekhan Commodity Charges and Plans: 2024

Paytm Money charge 0.05% of turnover or ₹10 whichever is lower for commodity and Sharekhan charge 0.03% for commodity.
Ask your questions here

Other Comparisons of Paytm Money and Sharekhan

Paytm MoneySharekhan
Paytm Money vs 5paisaSharekhan vs 5paisa
Paytm Money vs StoxkartSharekhan vs Stoxkart
Paytm Money vs SBIcap SecuritiesSharekhan vs SBIcap Securities
Paytm Money vs HDFC SecuritiesSharekhan vs HDFC Securities
Paytm Money vs ICICI DirectSharekhan vs ICICI Direct
Paytm Money vs Master TrustSharekhan vs Master Trust
Paytm Money vs Trading BellsSharekhan vs Trading Bells
Paytm Money vs ProStocksSharekhan vs ProStocks
Paytm Money vs Reliance SecuritiesSharekhan vs Reliance Securities
Paytm Money vs EdelweissSharekhan vs Edelweiss
Paytm Money vs FyersSharekhan vs Fyers
Paytm Money vs Prabhudas LilladherSharekhan vs Prabhudas Lilladher
Paytm Money vs AxisDirectSharekhan vs AxisDirect
Paytm Money vs Yes SecuritiesSharekhan vs Yes Securities
Paytm Money vs Angel BrokingSharekhan vs Angel Broking
Paytm Money vs Wisdom CapitalSharekhan vs Wisdom Capital
Paytm Money vs GrowwSharekhan vs Groww
Paytm Money vs Anand RathiSharekhan vs Anand Rathi
Paytm Money vs Ventura SecuritiesSharekhan vs Ventura Securities
Paytm Money vs Motilal OswalSharekhan vs Motilal Oswal
Paytm Money vs IndiabullsSharekhan vs Indiabulls
Paytm Money vs FinvasiaSharekhan vs Finvasia
Paytm Money vs IIFL SecuritiesSharekhan vs IIFL Securities
Paytm Money vs Trade Smart OnlineSharekhan vs Trade Smart Online
Paytm Money vs Alice BlueSharekhan vs Alice Blue
Paytm Money vs Karvy Stock Broking Ltd.Sharekhan vs Karvy Stock Broking Ltd.
Paytm Money vs UpstoxSharekhan vs Upstox
Paytm Money vs IDBI DirectSharekhan vs IDBI Direct
Paytm Money vs Nirmal BangSharekhan vs Nirmal Bang
Paytm Money vs Marwadi SharesSharekhan vs Marwadi Shares
Paytm Money vs Kotak SecuritiesSharekhan vs Kotak Securities
Paytm Money vs SAMCOSharekhan vs SAMCO
Paytm Money vs ZerodhaSharekhan vs Zerodha