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Paytm Money vs Religare Broking (Compare Paytm Money and Religare Broking)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Paytm Money vs Religare Broking, Below comparison of Paytm Money vs Religare Broking highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Paytm Money vs Religare Broking is given below:

Paytm Money Religare Broking
About The Brokers
Paytm Money :

"Paytm Money is a newly launched direct mutual fund distribution and stockbroking arm of the popular digital wallet of India with the intent to provide a fully digital   >>> more

Religare Broking :

"RSL is one of the market leading securities firms in India serving over 8 lakh clients across both Offline and Online platforms. Through its extensive branch network    >>> more

Find More Information about the Broker :
Paytm Money :
OVERVIEW BROKERAGE
Religare Broking :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Paytm Money :
 Discount Broker
Religare Broking :
 Full Service Broker
Promo/offers
Paytm Money :
Special Offer: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer
Religare Broking :
N/A
Advantage
Paytm Money :
  •  Free Delivery Trade
  •  Lowest Brokerage charges on Intrady & F&O at Rs 10 Per Trade.
  •  commission Free mutual fund investment
  •  Zero Maintenance Charges both Demat & Trading account
  •  Instant digital account opening
  •  Provide opportunity to invet in digital gold and NPS
  •  Simple and robust trading platforms.
Religare Broking :
  • It provides Instant discount plan.
  • Easy to use experience on the app and online trading
  • You can fund your account through physical cheque submission in the branch
  • They have a research plan for more than 300 companies
  • Derivatives trading, NRI services, mutual funds, IPOs, and online life insurance.
  • Multiple Registration bank account facility is available
  • Daily trading confirmation calls
Disadvantage
Paytm Money :
  •  No Offline Branch Support
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  does not provide trading options: GTC (Good Till Cancelled) & GTT orders
  •  Do not Offer NRI Trading
  •  No Margin Trading Facility
  •  ₹300/- per annum Charges for Using the Trading Platform
  •  Very Costly Call & Trade Facility at ₹300/- per executed order
  •  Charges on Funds Transfer @ ₹10 per fund addition , no charges on UPI Transfe₹
Religare Broking :
  • Can be improved on the transparency of fees, brokerage and other charges.
  • High Brokerage charges
  • Minimum Brokerage charged
  • No Live Chat Facility
Why This
Paytm Money :
  •  Free Delivery Trade, Paytm Money does not charge any brokerage on Delivery trade.
  •  They offer the lowest charges on Equity intraday trade which is at ₹ 10 or 0.05% (whichever is lower)
  •  Paytm Money provides mutual funds investment at Zero Commission, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption for data Security
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  In-depth financial and historical price data for every listed company which enables investors to research the stock market on their own
  •  Users can automate stock investing by setting buy orders on a weekly or monthly basis
  •  Facility to invest online in digital gold and NPS along with stocks, derivatives, and MFs
  •  Advanced charts and other options like cover order and bracket order are available
  •  Online IPO application.
  •  Brokerage Calculator
  •  Provides Mutual Fund Investment Advisory Services.
Religare Broking :
  • Religare is registered at both, National Stock Exchange and Bombay Stock Exchange. Also, provide products such as Equities, Currencies, Commodities, IPOs, Mutual Funds, Bonds/NCDs through NSE, BSE, MCXSX, USE.
  • Religare has been appreciated by various organizations for its top–class services and contributions to the industry.
  • Religare provides some of the best facilities in research. For example – It provides an easily accessible platform for stock market research called Tech scan.
  • It covered a significant part of India through its outlets and partnered with ten banks for providing various services to its clients
  • Dedicated Branch & Relationship manager
Open Account

Paytm Money vs Religare Broking Account Opening & AMC Charges

Paytm Money Trading Account Opening Fee is Rs 200 and Religare Broking Trading Account Opening Fee is Rs 500 . Paytm Money Demat Account AMC is Rs 0 (Free) and Religare Broking Demat Account AMC is Rs 400 from second year onward .

Paytm Money Religare Broking
Trading Account Opening Fee Trading Account Opening Fee :

Rs 200

Trading Account Opening Fee :

Rs 500

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee :

Nil

Demat Account AMC Demat Account AMC :

Rs 0 (Free)

Demat Account AMC :

Rs 400 from second year onward

Trading Account AMC Trading Account AMC :

Rs 300 (Annual Platform Fees)

Trading Account AMC :

Nil


Paytm Money vs Religare Broking Brokerage Charges

Paytm Money Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Lower of 0.05% or Rs 10 per executed order and Equity Options is Rs 10 per executed order . Religare Broking Brokerage Charges Equity Delivery is 0.50% to 0.10% and Equity Intraday is 0.050% to 0.010% and Equity Options is Rs 70 per lot .

Paytm Money Religare Broking
Plan Name Plan Name :

Basic Plan

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

0.50% to 0.10%

Equity Intraday Equity Intraday :

Lower of 0.05% or Rs 10 per executed order

Equity Intraday :

0.050% to 0.010%

Equity Future Equity Future :

Rs 10 per executed order

Equity Future :

0.05%

Equity Options Equity Options :

Rs 10 per executed order

Equity Options :

Rs 70 per lot

Currency Futures Currency Futures : - Currency Futures :

0.05%

Currency Options Currency Options : - Currency Options :

Rs 30 per lot

Monthly Fee Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

0.025%

Commodity Futures Commodity Futures : - Commodity Futures :

0.05%

Commodity Options Commodity Options : - Commodity Options :

Rs 30 per lot


Paytm Money vs Religare Broking Exchange Transaction Charges

Paytm Money Exchange Transaction Charges Equity Future is Rs 200 per Cr (0.002%) and Equity Options is Rs 5,300 per Cr (0.053%) on premium . Religare Broking Exchange Transaction Charges Equity Future is 0.004% and Equity Options is 0.06% on Premium .

Paytm Money Religare Broking
Equity Delivery Equity Delivery :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Delivery :

0.0037%

Equity Intraday Equity Intraday :

NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)

Equity Intraday :

0.0037%

Equity Future * Equity Future :

Rs 200 per Cr (0.002%)

Equity Future :

0.004%

Equity Options * Equity Options :

Rs 5,300 per Cr (0.053%) on premium

Equity Options :

0.06% on Premium

Currency Futures * Currency Futures : - Currency Futures :

0.004%

Currency Options Currency Options : - Currency Options :

0.06% on Premium

Commodity Commodity : - Commodity :

0.0035%


Paytm Money vs Religare Broking Other Charges

Paytm Money Minimum Brokerage is Rs 0.01 per executed order on Equity Delivery trades and Call & Trade is Rs 300 . Religare Broking Minimum Brokerage is 1p per share and Call & Trade is Rs 10 per executed order (max Rs 50 per day) .

Paytm Money Religare Broking
Minimum Brokerage Minimum Brokerage :

Rs 0.01 per executed order on Equity Delivery trades

Minimum Brokerage :

1p per share

Call & Trade Call & Trade :

Rs 300

Call & Trade :

Rs 10 per executed order (max Rs 50 per day)

Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹10/- per ISIN (incl the depository trans charges)

DP Charges (on sell side) :

₹12 + ₹5.5 (CDSL) per scrip

Other Miscellaneous Charges Other Miscellaneous Charges :

Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - Rs 300 per request + Rs 300 per Courier

Other Miscellaneous Charges : -

Paytm Money vs Religare Broking Features

Paytm Money and Religare Broking both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Paytm Money Religare Broking
Trading Platform Trading Platform :

Paytm Money mobile app, Paytm Money website

Trading Platform :

Odin Diet, Web, Dynami

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

No

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program : - Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes


Paytm Money vs Religare Broking Demat Account Charges

A comparative table of various demat account charges between Paytm Money and Religare Broking is below:

Paytm Money Religare Broking
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

NIL

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Rs 500

AMC AMC :

Free - Zero maintenance charges

AMC :

  1. Client opting for digital statement: Rs 300 per annum
  2. Client opting for physical statement: Rs 400 per annum

Dematerialisation Charges Dematerialisation Charges :

Rs 250 per 100 shares + depository charges

Dematerialisation Charges :

Rs 2 per certificate + Rs 30 Courier Charges

Rematerialisation Charges Rematerialisation Charges :

Rs 250 per 100 shares + depository charges

Rematerialisation Charges :

Rs 20 per certificate + CDSL Charges + Rs 30 Courier Charges

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

Rs 10 per ISIN

Transaction Charges (debit) :

  1. Delivery given to Religare Pool Account: Rs 15 (Client with POA Religare), Rs 25 (Client without POA Religare)
  2. Any other Account: Rs 30 per debit or 0.02% of the value of transaction whichever is higher

Pledge Creation Charges Pledge Creation Charges :

Rs 10 per ISIN

Pledge Creation Charges :

Rs 50 per request or 0.02% of the value of securities whichever is higher

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges : - Pledge Creation Confirmation Charges :

Rs 50 per request or 0.02% of the value of securities whichever is higher

Pledge Invocation Charges Pledge Invocation Charges :

Rs 10 per ISIN

Pledge Invocation Charges :

Rs 50 per request or 0.02% of the value of securities whichever is higher

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Nil

Other Charges Other Charges :

Off-market transfers - Rs 10 per ISIN

Other Charges :

  1. Demat Rejection Charges Rs 30 per rejection.
  2. Delivery Instruction Booklet Rs 1 per leaflet.


Paytm Money vs Religare Broking Basic Details

Paytm Money Year of Incorporation is 2017 and Total Number of Clients is 467814 and Total Number of Branches is 1 . Religare Broking Year of Incorporation is 1994 and Total Number of Clients is 167249 and Total Number of Branches is 1500 .

Paytm Money Religare Broking
Year of Incorporation Year of Incorporation :

2017

Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE & BSE

Active Exchange Memberships :

NSE, BSE, MCX, NCDEX

Demat Services Demat Services :

Yes

Demat Services :

Yes

Website Website : www.paytmmoney.com Website : https://www.religareonline.com
Contact Details Contact Details :

080 4625 3716

Contact Details :

011-39125000

Total Number of Clients Total Number of Clients :

467,814

Total Number of Clients :

167,249

Total Number of Branches Total Number of Branches :

1

Total Number of Branches :

1500

Products * Products :

Mutual Fund, Broking , NPS , Digital Gold

Products : -

Paytm Money vs Religare Broking Orders

Orders

Paytm Money Religare Broking
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

No

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes


Paytm Money vs Religare Broking Research and Advice / Trading Tips

Research and Advice / Trading Tips

Paytm Money Religare Broking
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile : -
Comparison * Comparison :

No

Comparison : -
Free Tips * Free Tips :

No

Free Tips :

Yes

Daily Market report * Daily Market report :

No

Daily Market report :

Yes

ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

No

Quarterly Results :

Yes


Paytm Money vs Religare Broking Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Paytm Money Religare Broking
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP :

Rs. 2 lakh (for commodity, the charges are Rs 1-2 lakh)


Paytm Money vs Religare Broking Product & Services

Paytm Money and Religare Broking both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Paytm Money Religare Broking
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

No

Margin Trading : -
Call in Trade * Call in Trade :

Rs 300 Per call

Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order : - Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

No

NRI Services : -
SMS Alerts * SMS Alerts :

No

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

Yes

IPO Investment : -
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator : -
Margin Calculator * Margin Calculator :

No

Margin Calculator : -
Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading :

No

Currency Future & Option Trading : -
Market Trading * Market Trading :

Yes

Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading : -

Paytm Money vs Religare Broking Customer Services

Paytm Money and Religare Broking both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Paytm Money Religare Broking
Toll Free Number * Toll Free Number :

No

Toll Free Number : -
Live Chat Facility * Live Chat Facility :

No

Live Chat Facility : -
Email Facility * Email Facility :

Yes

Email Facility : -
Branch Offices * Branch Offices :

No

Branch Offices : -
Customer Care * Customer Care :

No

Customer Care : -
Community Service * Community Service :

No

Community Service : -
Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support : -

Paytm Money vs Religare Broking Other Investement

Paytm Money and Religare Broking both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Paytm Money Religare Broking
Commodity Trading * Commodity Trading :

No

Commodity Trading : -
Investment in ETFs * Investment in ETFs :

No

Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds :

No

Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services :

No

Insurance Services : -
Banking Services * Banking Services :

No

Banking Services : -

Paytm Money vs Religare Broking Trading Platform

Paytm Money and Religare Broking both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Paytm Money Religare Broking
Web Platform * Web Platform :

Yes

Web Platform : -
Android Mobile App * Android Mobile App :

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

No

Desktop Windows : -
Desktop Mac * Desktop Mac :

No

Desktop Mac : -
I-Pad App * I-Pad App :

Yes

I-Pad App : -
Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App : -
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