Groww vs SBI Cap Securities - Compare Brokerage Charges, Demat Account & more (2024)

Here is a detailed comparison of Groww vs SBI Cap Securities. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Groww & SBI Cap Securities will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Groww vs SBI Cap Securities - Compare Brokerage Charges, Demat Account & more (1)In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers

This Groww & SBI Cap Securities comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare SBI Cap Securities &Groww

Overview ofGroww & SBI Cap Securities

OverviewGrowwSBI Cap Securities
Company TypePrivatePublic
Broker TypeDiscount BrokerFull Service Broker
HeadquartersBangalore, IndiaMumbai, India
FounderLalit KeshreArun Mehta
Established Year20162006

Groww vs SBI Cap Securities Customer Ratings Comparison

Customer RatingsGrowwSBI Cap Securities
Experience6.1/106.0/10
Products & Services9.3/105.4/10
Brokerage Charges & Fees9.1/105.0/10
Stock Research & Advisory9.2/105.0/10
Trading Platforms7.0/106.0/10
Overall Ratings8.5/105.4/10
Star Ratings★★★★☆★★★★☆
Total Client Reviews11671386

Groww vs SBI Cap Securities Demat Account Comparison

Demat ServicesGrowwSBI Cap Securities
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesZeroRs 850
Demat AMC ChargesRs 0Rs 350
Trading AMC ChargesRs 0Free
Margin Money75% Margin75% Margin
Offline to OnlineRS

SBI Cap Securities vs Groww Brokerage Charges Comparison

Brokerage Charge & FeesGrowwSBI Cap Securities
Equity Delivery TradingRs 20 per executed order or 0.05% whichever is lower0.50%
Equity Intraday TradingRs 20 per executed order or 0.05% whichever is lower0.05%
Commodity Options TradingNANA
Equity Futures TradingNA0.05%
Equity Options TradingNARs 100 per lot
Currency Futures TradingNA0.03%
Currency Options TradingNARs 30 per lot
Minimum BrokerageZeroRs.10 per Transaction
Demat AMC ChargesRs.0 per AnnumRs.350 per annum
Trading AMC ChargesFreeFree
Margin Money75% Margin75% Margin
Brokerage CalculatorGroww Brokerage CalculatorSPI Cap Securities Brokerage Calculator

SBI Cap Securities & Groww Other Charges Comparison

Other ChargesGrowwSBI Cap Securities
Transaction Charges0.00225% of Total Turnover0.00384% of Total Turnover
STTEquity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges0.00005% (₹5/Crore)0.00005% (Rs. 5/Crore)
Stamp Duty(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)(On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST18% on (Brokerage + Transaction Charge + SEBI Fee)18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare SBI Cap Securities & Groww Offers

OffersGrowwSBI Cap Securities
Free Demat AccountRS
Free Trading AccountRS
Discount on BrokerageRS
Trading Happy HoursSS
Flexible Brokerage PlansSS
1 Month Brokerage FreeSS
Holiday OffersSS
Referral OffersSS
Zero Brokerage for Loss Making TradesSS

Compare Services of Groww vs SBI Cap Securities

ServicesGrowwSBI Cap Securities
Demat ServicesRR
Trading ServicesRR
3 in 1 AccountSR
Intraday ServicesRR
IPO ServicesRR
Stock RecommendationsSR
Robo AdvisorySS
PMSSR
Trading InstitutionSS
Trading ExposureUpto 5xUpto 5x

Compare SBI Cap Securities & Groww Research & Advisory

Research & AdvisoryGrowwSBI Cap Securities
Fundamental ReportsSR
Research ReportsSR
Company ReportsSR
Annual ReportsSR
Company Stock ReviewSR
Free Stock TipsSS
IPO ReportsSR
Top PicksSR
Daily Market ReviewSS
Monthly ReportsSR
Weekly ReportsSR
Offline AdvisorySR
Relationship ManagerSR

Groww vs SBI Cap Securities Exposure/Leverage

Exposure / LeverageGrowwSBI Cap Securities
Equity Delivery1x1x
Equity IntradayUpto 5xUpto 5x
Equity Futures1x1x
Equity Options1x1x
Currency Futures1x1x
Currency Options1x1x
Commodities1x1x
Margin CalculatorGroww Margin CalculatorSBICap Securities Margin Calculator

Groww vs SBI Cap Securities Product Comparison

ProductsGrowwSBI Cap Securities
Equity TradingRR
Commodity TradingRS
Currency TradingRR
OptionsRR
FuturesRR
Mutual FundsRR
ForexSR
BankingSR
SIPSR
InsuranceSR

Groww vs SBI Cap Securities Trading Platform Comparison

Trading PlatformsGrowwSBI Cap Securities
Desktop Platform – WindowsSR
Desktop Platform – MacSR
Desktop Browser PlatformRR
Mobile Site PlatformRR
Android App PlatformRR
iOS App PlatformRR
Windows App PlatformSS
Other Mobile OS PlatformSS
Real time UpdatesRR
Portfolio DetailsRR
Online MF BuyRR
News FlashRS
Research ReportsRR
Easy InstallationRR
Global IndicesRS
Stock TipsRR
Personalized AdvisoryRR
Interactive ChartsRR
Live MarketsRR
SMS AlertsRR
Email AlertsRR
Multi Account ManagementSR

Groww vs SBI Cap Securities Customer Support

Customer SupportGrowwSBI Cap Securities
Dedicated DealerSR
Offline TradingSR
Online TradingRR
24*7 SupportSR
Email SupportRR
Chat SupportRS
Toll Free NumberS1800 209 9345
BranchesZero225

Groww vs SBI Cap Securities Customer Complaints

Complaints (Current Year)GrowwSBI Cap Securities
Lodged in BSE10196
Resolved in BSE8153
Lodged in NSE21218
Resolved in NSE18200

Compare Groww with other Brokers & SBI Cap Securities with other Brokers

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    Groww vs SBI Cap Securities - Compare Brokerage Charges, Demat Account & more (2024)

    FAQs

    What is brokerage charges in SBI cap securities? ›

    Trading Brokerages

    Intra-day Trades: 0.15% (both sides) Or Minimum 5 paise per share whichever is higher. Delivery Based Trades: 0.50% or Minimum 5 paise per share whichever is higher. Futures: 0.05% for intraday and 0.09% for carry forward Or Minimum 5 paise per share whichever is higher . Options Trades: Rs.

    How much brokerage is charged by Groww? ›

    How is Groww brokerage calculated? Groww follows a flat fee model. It charges a lower of Rs 20 or 0.05% of trade value as the brokerage for equity trades (intraday and delivery). The minimum brokerage charged by the broker is 0.05% of trade value and the maximum brokerage charged is Rs 20.

    What is the annual fee for SBI demat account? ›

    SBI Securities Account Open Charges | SBI Securities AMC 2024
    TransactionFee
    Trading Account Opening Charges (One Time)Rs 850
    Trading Annual Maintenance Charges AMC (Yearly Fee)Rs 0
    Demat Account Opening Charges (One Time)Rs 0
    Demat Account Annual Maintenance Charges AMC (Yearly Fee)Rs 350

    Which is the best demat account in India? ›

    Features of The Top 10 Best Demat Accounts 2024
    • Paytm Money. Paytm Money gives you access to a wide range of investment options to manage your money and achieve your financial goals. ...
    • Zerodha. ...
    • Upstox. ...
    • Aditya Birla Capital. ...
    • 5Paisa Demat Account. ...
    • Groww Demat Account. ...
    • Axis Direct Demat Account. ...
    • Kotak Securities Demat Account.
    Mar 11, 2024

    Which broker charges less brokerage in India? ›

    Examples of brokers with Lowest brokerage charges in India include Zerodha, Angel One & Kotak Securities . These platforms often appeal to traders and investors seeking cost-effective options with transparent fee structures, providing a variety of financial instruments at competitive rates.

    Which is the lowest brokerage charges for trading account? ›

    The lowest brokerage charge is 0.01%. On the other hand, in the case of flat fee brokerage, the brokers charge a flat fee on each trade, ranging between Rs 10- Rs 100 for each trade.

    Which app is better than Groww? ›

    To Wrap It Up…
    AppDownloadsRating
    Coin by Zerodha10M+4.1/5
    Groww1M+4.3/5
    ET Money10M+4.5/5
    PayTM Money10M+3.8/5
    4 more rows
    Mar 26, 2024

    Which broker is best for trading? ›

    Top 20 Share Brokers in India 2024
    RankBrokerActive Clients
    ProStocks-
    1Groww9,185,024
    2Zerodha7,223,525
    3Angel One5,983,067
    17 more rows

    Is brokerage charged on both buy and sell in Groww? ›

    Therefore, investors need to pay brokerage fees both when selling securities and when buying them. However, specific brokers might consider excluding one event from any charges.

    Is SBI Demat free? ›

    In order to trade online, you need to open a Demat with Depository Participant, the main purpose of having a Demat account is to make investors seamlessly track and monitor the holdings online. It only takes 5 mins to open a Demat account, and SBI Securities does it for free.

    Which demat account has no annual fee? ›

    List of stock brokers offering Zero Demat AMC Accounts for Lifetime
    BrokerDeliveryDemat AMC
    ProStocksFreeRs 0 (Rs 1000 Refundable Deposit)
    Paytm Money2.5% or Rs 20 whichever is lowerFree
    Groww0.05% or Rs 20 whichever is lowerFree
    FyersFreeFree
    1 more row

    How brokerage is calculated in SBI Securities? ›

    SBI Securities Brokerage Charges
    SegmentseZ-trade
    Equity Intraday0.05%
    Equity Futures0.05%
    Equity OptionsRs 100 per lot
    Currency Futures0.03%
    5 more rows

    Which broker is best for NRI? ›

    Zerodha and Prostocks are the two best NRI discount brokers in India. Prostock is the low-cost NRI trading broker that charges Rs. 100 flat brokerage on NRI trading while Zerodha charges Max Rs. 200 per order brokerage.

    Which is the No 1 Demat broker in India? ›

    Best Overall: Zerodha

    Zerodha is a leading discount broker that offers a range of trading and demat account opening services.

    Which is the safest Demat account in India? ›

    Best Demat Account in India
    • Zerodha.
    • Upstox.
    • Kotak Securities.
    • ICICI Direct.
    • Groww.

    What are securities brokerage fees? ›

    Brokerage fee
    Brokerage feeTypical cost
    Annual fees$50 to $75 per year
    Inactivity feesMay be assessed on a monthly, quarterly or yearly basis, totaling $50 to $200 a year or more
    Research and data subscriptions$1 to $30 per month
    Trading platform fees$50 to more than $200 per month
    2 more rows
    Dec 18, 2023

    What is a brokerage charge? ›

    Brokerage fees are any commissions or fees that your broker charges you. Also called broker fees, they are generally charged if you buy or sell shares and other investments, or complete any negotiations or delivery orders. Some brokerages also charge fees for consultations.

    On what amount brokerage is charged? ›

    Understanding Brokerage Charges

    Brokerage charge is 0.05% of the total turnover. Suppose the stock you buy costs Rs 100. Then the brokerage charge is 0.05% of Rs 100, which is Rs 0.05. Then, the total brokerage charge on the trading is Rs 0.05+ 0.05, which is Rs 0.10 (for buying and selling).

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