Top Stock Advisory
Geojit Financial vs. Shree Bahubali
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Geojit Financial and Shree Bahubali. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Geojit Financial and Shree Bahubali.
Overview
Geojit Financial and Shree Bahubali are both public companies and both are full service broker as well. C. J. George & A. P. Kurian co-founded Geojit Financial in 1986. And Shree Bahubali was founded in the year 1994 by Surendra Kumar Jain. Geojit Financial's headquarters are in Mumbai, Maharashtra and Shree Bahubali's headquarters are in Kolkata.
Geojit Financial and Shree Bahubali both are full service broker as well. Geojit Financial is registered in BSE, NSE, MCX-SX, while Shree Bahubali is registered in NA. The total branches of Geojit Financial are 509 and the Shree Bahubali branches are Nil.
| Overview | Geojit Financial | Shree Bahubali |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Public | Public |
| Headquarter | Mumbai, Maharashtra | Kolkata |
| Founders | C. J. George & A. P. Kurian | Surendra Kumar Jain |
| Foundation Year | 1986 | 1994 |
| Supported Exchanges | BSE, NSE, MCX-SX | NA |
| Total branches | 509 | Nil |
Geojit Financial and Shree Bahubali Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Geojit Financial charging Rs.350 and Shree Bahubali charging Free.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Geojit Financial Demat account is Rs.400 and for the Shree Bahubali Demat account is Rs.270 per Annum. The Trading AMC for Geojit Financial and Shree Bahubali is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Geojit Financial and Shree Bahubali is CDSL.
| Account Opening and Demat Charges | Geojit Financial | Shree Bahubali |
|---|---|---|
| Trading Account Opening Charges | Rs.350 | Free |
| Demat AMC (Annual Maintenance Charges) | Rs.400 | Rs.270 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Rs.15,0000 | Minimum Rs.1,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL & NSDL | CDSL & NSDL |
Geojit Financial and Shree Bahubali Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Geojit Financial is 0.30%, while Shree Bahubali charges you 0.21%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Geojit Financial is 0.03% and for Shree Bahubali also, it is 0.02%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Geojit Financial charge 0.03% and Shree Bahubali charge 0.02% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Geojit Financial charges Rs.75 per lot, and Shree Bahubali charges Rs.21 per Lot.
| Equity Brokerage Charges | Geojit Financial | Shree Bahubali |
|---|---|---|
| Equity Delivery Brokerage | 0.30% | 0.21% |
| Equity Intraday Brokerage | 0.03% | 0.02% |
| Equity Futures Brokerage | 0.03% | 0.02% |
| Equity Options Brokerage | Rs.75 per lot | Rs.21 per Lot |
Geojit Financial and Shree Bahubali Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Geojit Financial is 0.03% and for Shree Bahubali is 0.02%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Geojit Financial charges Rs.15 per Lot for currency options, whereas Geojit Financial charges Rs.21 per Lot.
| Currency Brokerage Charges | Geojit Financial | Shree Bahubali |
|---|---|---|
| Currency Futures Brokerage | 0.03% | 0.02% |
| Currency Options Brokerage | Rs.15 per Lot | Rs.21 per Lot |
Geojit Financial and Shree Bahubali Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Geojit Financial charges NA for commodity trading, while Shree Bahubali charges 0.02%.
| Commodity Brokerage Charges | Geojit Financial | Shree Bahubali |
|---|---|---|
| Commodity Options Brokerage | NA | 0.02% |
Geojit Financial and Shree Bahubali Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Geojit Financial levies a minimum brokerage fee of Rs.15 per executed order, while Shree Bahubali charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Geojit Financial levies a transaction brokerage charge of 0.00311% of Total Turnover, while Shree Bahubali charges 0.00271%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Geojit Financial is 0.0002% of Total Turnover and for Geojit Financial is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Geojit Financial are 0.0126% of Total Turnover, while for Shree Bahubali, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Geojit Financial charges NA and Shree Bahubali charges NA.
| Other Brokerage Charges | Geojit Financial | Shree Bahubali |
|---|---|---|
| Minimum Brokerage Charges | Rs.15 per executed order | Percentage of Transaction | Transaction Brokerage Charges | 0.00311% of Total Turnover | 0.00271% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | NA |
Geojit Financial and Shree Bahubali Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Geojit Financial is up to Upto 1x and by Shree Bahubali it is up to Upto 1x.
Equity Intraday: Leverage for equity intraday by Geojit Financial is up to Upto 10x and by Shree Bahubali it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Geojit Financial is up to Upto 4x and by Shree Bahubali it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Geojit Financial is up to Upto 5x and by Shree Bahubali also, it is up to Upto 5x.
| Equity Leverage | Geojit Financial | Shree Bahubali |
|---|---|---|
| Equity Delivery | Upto 1x | Upto 1x | Equity Intraday | Upto 10x | Upto 6x | Equity Futures | Upto 4x | Upto 2x | Equity Options | Upto 5x | Upto 5x |
Geojit Financial and Shree Bahubali Currency Leverage
The currency futures leverage provided by Geojit Financial is up to Upto 4x, while for Shree Bahubali it is up to Upto 2x.
The currency options leverage provided by Geojit Financial is up to Upto 5x, while for Shree Bahubali it is up to Upto 6x.
| Currency Leverage | Geojit Financial | Shree Bahubali |
|---|---|---|
| Currency Futures | Upto 4x | Upto 2x | Currency Options | Upto 5x | Upto 6x |
Geojit Financial and Shree Bahubali Commodity Leverage
The commodity leverage provided by Geojit Financial is up to Upto 3x, while for Shree Bahubali it is up to Upto 2x.
| Commodity Leverage | Geojit Financial | Shree Bahubali |
|---|---|---|
| Commodity | Upto 3x | Upto 2x |
Geojit Financial and Shree Bahubali Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
| Offers | Geojit Financial | Shree Bahubali |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | No | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | No | Referral Program | No | No | Zero Brokerage on Loss Trades | No | No |
Geojit Financial and Shree Bahubali Features
Equity Trading: Geojit Financial and Shree Bahubali brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Geojit Financial and Shree Bahubali also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Geojit Financial and Shree Bahubali broker is that you can also invest in IPOs. Geojit Financial also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Geojit Financial offers trading exposure of up to Upto 10x, while Shree Bahubali gives up to Upto 6x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Geojit Financial and Shree Bahubali, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Geojit Financial and Shree Bahubali also allow you to trade in forex trading.
| Features | Geojit Financial | Shree Bahubali |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | No | Yes | IPO (Initial public offering) | Yes | No | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | Yes | No |
| Trading Institution | No | Yes | Trading Exposure | Upto 10x | Upto 6x | Mutual Funds | Yes | No | SIP (Systematic Investment Plan) | Yes | No | Forex Trading | No | No | Banking | No | No | Insurance | No | No |
Geojit Financial and Shree Bahubali Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Geojit Financial and Shree Bahubali offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
| Advisory Services | Geojit Financial | Shree Bahubali |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | No |
| Company Reports | No | No |
| Annual Reports | No | No |
| Company Stock Review | No | No |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | No |
| Top Picks | Yes | Yes |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | Yes |
| Relationship Manager | Yes | Yes |
Geojit Financial and Shree Bahubali Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Geojit Financial and Shree Bahubali offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
| Desktop Trading Platforms | Geojit Financial | Shree Bahubali |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | Yes |
Geojit Financial and Shree Bahubali Mobile Trading Platforms
Geojit Financial and Shree Bahubali offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Geojit Financial | Shree Bahubali |
|---|---|---|
| Mobile Browser | No | Yes |
| Android App | Yes | Yes |
| iOS App | Yes | Yes |
| Windows App | No | No |
| Other mobile os | No | No |
Geojit Financial and Shree Bahubali Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Geojit Financial and Shree Bahubali give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
| Customer Support Features | Geojit Financial | Shree Bahubali |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | Yes | Yes |
| Online Trading | Yes | Yes |
| 24 * 7 Support | No | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 489 | 428 |
Geojit Financial and Shree Bahubali Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Geojit Financial and Shree Bahubali registered and resolved complaints.
For Geojit Financial, the Percentage of resolved BSE complaints is 94.12 % and the Percentage of resolved NSE complaints is 92.52 %.
For Shree Bahubali, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Geojit Financial is better than Shree Bahubali in case of resolving customer complaints.
| BSE Complaints | Geojit Financial | Shree Bahubali |
|---|---|---|
| BSE Complaints | 187 | 1 |
| BSE Resolved Complaints | 176 | 1 |
| Percentage of resolved BSE complaints | 94.12 % | 100.00 % |
| NSE Complaints | 214 | 3 |
| NSE Resolved Complaints | 198 | 3 |
| Percentage of resolved NSE complaints | 92.52 % | 100.00 % |
| BSE/NSE Complaint vs. Resolved Percentage | 93.32 % | 100.00 % |
Frequently Asked Questions
Is Geojit Financial better than Shree Bahubali?
Geojit Financial and Shree Bahubali are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Shree Bahubali better than Geojit Financial?
Shree Bahubali and Geojit Financial are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Geojit Financial and Shree Bahubali?
Geojit Financial and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Geojit Financial and Shree Bahubali?
To figure out which of the two stockbrokers, Geojit Financial and Shree Bahubali, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Geojit Financial with other stock brokers
Visit the following pages to see a detailed comparision report of Geojit Financial with other brokerage firms.
Compare Shree Bahubali with other stock brokers
Visit the following pages to see a detailed comparision report of Shree Bahubali with other brokerage firms.