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Overview Overall

"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 investing experience"

  • Brokerage & Other Charges
  • Mobile Trading
  • Research
  • Customer Services

Why 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.

Positives

    •  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.

Needs Improvement

    •  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₹
Overview :
Paytm Money Review  
Year of Incorporation 2017
Products Mutual Fund, Broking , NPS , Digital Gold
Demat Services CDSL
Active Exchange Memberships NSE & BSE
Website www.paytmmoney.com
Contact Details 080 4625 3716
Total Number of Clients 180947
Total Number of Branches -

Paytm Money started as a platform for buying direct mutual funds and recently they forayed into the Stockbroking field as well with the intent to provide a fully digital investing experience to their clients. Paytm Money is a direct mutual fund distribution and stockbroking arm of popular digital wallet Paytm with over 6 million registered users.

Paytm Money offers a paperless and completely online account opening process that hardly takes 15minutes and is free of cost. Paytm Money additionally doesn't have AMC charges for trading & Demat accounts which helped them to grow much faster than their competition. Currently, they have >85 Thousand, Active clients, that they acquired in a couple of months.

Paytm Money offers investments in Direct mutual funds without any commission or charges, the same happens without any physical paperwork and within minutes.

Special Offer: Brokerage free Equity Delivery trading+ Flat ₹10 and F&O trades. Get the offer

Paytm Money is known in the industry for its low-cost brokerage and Zero AMC Charges for both Demat & Trading Account. Paytm Money has a simple & Transparent pricing structure and offers free Equity Delivery trade and Intraday Trade at a Minimum of 0.05% of turnover or ₹10. The company has recently introduced Derivatives trading at Rs 10 per executed order for Futures and Options trades.

Paytm Money Affiliation Details

  1. CIN: U72900DL2017PLC323936
  2. Trading and clearing member NSE: 90165, M52073 & BSE: 6707.
  3. SEBI Reg No. Broking - INZ000240532
  4. SEBI Reg No Depository Participant: IN - DP - 416 - 2019
  5. CDSL: IN-DP-CDSL-12088800
  6. NSDL: IN-DP-NSDL-11496000

Customers Service options offered by Paytm Money

Paytm Money offers multiple communication channels to its clients for using customer service.

  1. Phone Number :
  2. Email Support: [email protected]
  3. Corporate Office :
    B-121, Sector-5,
    Noida - 201301,
    0120-4770-440

Paytm Money Account Opening & AMC Charges 2021

Paytm Money charges ₹ 200 account opening in the name of KYC Charges for Trading Account. They do not charge anything as Annual maintenance charges for Demat & Trading Account to maintain your account

Type Account Opening (One Time) Annual Maintenance Fees (Yearly)
Trading Account Rs 200 Free
Demat Account Free Free

Paytm Money Mutual Fund Investment:

Investors at Paytm Money can invest in direct mutual funds through its online MF platform. The broker charges zero commission which results in ~+1% extra returns. Paytm Money also provides a facility to switch regular funds to direct funds for free. Paytm Money Groww also provides a ready-made collection of mutual funds recommended by experts & top mutual funds listed for different categories to its clients.

Paytm Money Equity Delivery | Intraday Charges 2021

Please find below Paytm Money Brokerage charges for Delivery Trade and Intraday Trades. Paytm Money provides Delivery trade at Zero Brokerage charges and Intraday trade at 0.05% or ₹10/executed order whichever is lower.

Charges Equity Delivery Equity Intraday
Brokerage Free (₹0.01/- per executed order) 0.05% or ₹10/Trade whichever is lower
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell-side
Transaction / Turnover charges NSE : 0.00345% | BSE 0.003% NSE : 0.00345% | BSE 0.003%
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.015% 0.03%

Paytm Money F&O Brokerage Charges 2021

Please find below the Paytm Money Brokerage Charges list for Equity Futures & Equity Options. Paytm Money provides Equity future Trading at 0.02% or ₹10/executed order whichever is lower and Options Trading at Flat ₹10 Per Order.

Charges Equity Future Equity Option
Brokerage 0.02% or ₹10/Trade whichever is lower Flat ₹10 per executed order
STT 0.01% On the Sell-side 0.05% On the Sell-side (ON PREMIUM)
Transaction / Turnover charges 0.002% 0.053%
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.002% 0.003%

Paytm Money Mutual Fund Fee Structure 2021

At The Time of Buying

For SIPs Nil Nil
For Lumpsum Investment Nil Nil

At The Time of Selling / Switching

For SIPs Nil Nil
For Lumpsum Investment Nil Nil

The Final Thoughts about Paytm Money

 

Paytm Money has all the things to serve their clients well from Brokerage free trading for Delivery trade , attractive brokerage on Intraday trade, Zero Commission direct mutual fund investment, all kind of trading platforms, MF Investment, Facility to invest in Digital Gold , NPS etc but the time will tell about the sucess as it is quite new and does not have huge experience in broking field, it also does not provide complete bouque of investment opportunity like trade in currency, and commodity segments.

 

Special Offer: Brokerage free Equity Delivery trading+ Flat ₹10 and F&O trades. Get the offer

Frequently Asked Questions:

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