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Geojit

★★★★★★★★★★ 1.0/5 See all 1 reviews →
Open account now SEBI, CDSL & NSDL registered

Charges at a glance

Account opening fee
₹0
AMC
₹400/year (demat); trading account free
Equity delivery brokerage
0.30% of turnover (same across all plans)
Intraday brokerage
0.03% (G Invest Max) or ₹20/order, whichever lower (other plans)
F&O brokerage
Plan-dependent — 0.01%/₹50 per lot to slab rates as low as ₹10/lot

Geojit does not run a single flat-rate model — it offers three brokerage plans (G Invest Max, G-Trade Max and G Trade Cash) that traders can pick between. Equity delivery brokerage of 0.30% is the same on every plan; intraday and F&O pricing differs by plan. See the full plan comparison below.

About Geojit

Geojit Financial Services Ltd (formerly Geojit BNP Paribas) is a Kochi-based stockbroker incorporated in 1987, listed on both NSE and BSE. It is registered with SEBI and is a depository participant with CDSL and NSDL, offering equity, F&O, currency and commodity derivatives, IPOs, mutual funds, portfolio management services and NRI investing through a trading-cum-demat account, backed by a large branch network across India and offices in the UAE, Oman, Bahrain and Kuwait.

Unlike single-plan discount brokers, Geojit lets clients choose from three brokerage structures — G Invest Max (percentage-based), G-Trade Max (flat/slab F&O pricing) and G Trade Cash (slab pricing tied to cash margin held) — so traders can pick the plan that best fits their volume and trading style, alongside access to Geojit's research desk and advisory services.

Platforms

Geojit Selfie

Free mobile and web trading app covering equities, F&O, currency, commodity, IPOs and mutual funds.

Flip

Geojit's advanced online trading and investing platform for research-led trading decisions.

FundsGenie

A dedicated app for mutual fund investing and SIPs, separate from the main trading platform.

Brokerage plans compared

Geojit lets you pick between three brokerage plans. Equity delivery is priced the same everywhere; intraday and F&O rates differ by plan and, for G-Trade Max and G Trade Cash, by your trading volume or cash margin slab.

Charge G Invest Max G-Trade Max G Trade Cash
Equity delivery0.30%0.30%0.30%
Equity intraday0.03%₹20/order or 0.03%, whichever lower₹20/order or 0.03%, whichever lower
Equity futures0.01%Slab: ₹40/₹30/₹20 per lotSlab by cash margin: ₹40 down to ₹10 per lot
Equity options₹50 per lotSlab: ₹20/₹15/₹10 per lotSlab by cash margin: ₹20 down to ₹10 per lot
Minimum brokerage₹20 per contract note or 1 paisa per share (whichever higher), capped at 2.5% of contract value or ₹0.25/share

G-Trade Max futures/options slabs step down as monthly lot volume rises (up to 750 lots, 751–2,000 lots, above 2,000 lots); G Trade Cash slabs are based on cash margin maintained (below ₹5L, ₹5–15L, ₹15–25L, above ₹25L). Confirm current slab boundaries on geojit.com before choosing a plan.

Regulatory & statutory charges

Besides brokerage, every trade attracts STT/CTT, exchange transaction charges, SEBI charges, GST and stamp duty. These are fixed by the government/exchanges and are the same across brokers.

Calculate the exact charges for any trade upfront using our brokerage calculator.

Equity

Charge Equity delivery Equity intraday F&O – Futures F&O – Options
BrokerageVaries by plan — see brokerage plans above
STT/CTT0.1% on buy & sell0.025% on sell side0.0125% on sell side0.062% on sell side (premium); 0.125% of intrinsic value if exercised
Transaction chargesNSE 0.00297% / BSE 0.00375%NSE 0.00297% / BSE 0.00375%NSE 0.00183% / BSE 0%NSE 0.03553% / BSE 0.0325% (on premium)
SEBI charges₹10 / crore₹10 / crore₹10 / crore₹10 / crore
Stamp duty0.015% (buy side)0.003% (buy side)0.002% (buy side)0.003% (buy side)
GST18% on (brokerage + SEBI charges + transaction charges)

Geojit also offers currency derivatives, with per-lot brokerage that varies by currency pair (e.g. EURINR, GBPINR, JPYINR, USDINR) — confirm current rates on geojit.com before trading.

Commodity

Charge Commodity futures Commodity options
BrokerageFollows the same plan structure as equity — confirm current rates on geojit.com
SEBI chargesAs applicable per MCX/NCDEX circulars — confirm on geojit.com
GST18% on (brokerage + SEBI charges + transaction charges)

Mutual funds

  • Mutual fund investing through Geojit/FundsGenie carries no delivery-style brokerage; distributor commissions apply for Regular plans, while Direct plans carry no commission.
  • Stamp duty of 0.005% applies on the purchase (buy) side of mutual fund units, as mandated by the government.
  • STT of 0.001% applies only on redemption (sell) of equity-oriented mutual fund units.

Charges for account opening

Type of accountCharges
Individual accountfree
HUF accountnot published — confirm with Geojit
NRI accountnot published — confirm with Geojit

Demat AMC (Annual Maintenance Charge)

Geojit charges ₹400/year for the demat account, billed regardless of trading activity. BSDA-eligible accounts follow SEBI's BSDA holding-value thresholds and a lower rate. The trading account itself carries no AMC.

Demat account AMC
₹400/year
Trading account AMC
free

Penalties & other charges

Charges that apply only in specific situations — good to know upfront so nothing catches you off guard.

Penalties

Cheque bounce/cancellation₹250
Interest on delayed payments / MTF debits18% p.a.
F&O margin shortfall interest (if 50% overnight margin not in cash/cash-equivalent)18% p.a.

Other charges

SMS alert service (trading recommendations)₹100/month
Printed statement request (by post)₹50/request
Physical contract note (on DCN bounce)₹20/note
Demat debit (own account, POA/DCN)0.02% (min ₹15, max ₹40 per transaction)
Demat debit to another broker0.02% (min ₹50, max ₹100 per transaction)

Pros & cons

What users like

  • Choice of three brokerage plans — G Invest Max, G-Trade Max and G Trade Cash — letting active traders pick flat/slab pricing and long-term investors stay on percentage-based pricing
  • Long track record since 1987, with a large branch network and dedicated offices for NRI clients in the UAE, Oman, Bahrain and Kuwait
  • Broad product range — equities, F&O, currency & commodity derivatives, IPOs, mutual funds, PMS and NRI investing
  • Free account opening and access to Geojit's in-house research and advisory

What to watch for

  • Equity delivery brokerage of 0.30% is higher than the ₹0-delivery pricing many discount brokers offer
  • Three overlapping plans with slab-based F&O pricing make costs harder to predict upfront than a single flat fee
  • Some charges (DP charges, HUF/NRI account fees, commodity brokerage) are not clearly published — confirm on geojit.com before opening

Read what customers say about Geojit

Overall rating 1.0/5 based on 1 customer reviews — or share your own experience.

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