Paytm Money is a stockbroking & mutual fund distribution app of Paytm. The company has recently launched its stockbroking wing & will provide discount broking facilities to its customers.
Paytm money securities are a privately held financial company as a discount broker. It was established by Vijay Shekhar Sharma.
On 2019, the capital market regulator Securities and Exchange Board of India (SEBI) has approved the launch of it’s as Stock Broking. BSE and the National Stock Exchange had issued them broker membership.
Paytm Money securities provide new offers on its platform, along with stock and cash trading, derivatives, ETFs and other traded exchange products.
How to Open Demat Account with Paytm Money?
Follow the steps to open a Demat account with Paytm Money Stocks.
- Click on ‘Open Demat Account‘ and fill-up the form.
- You will receive a call from Paytm executive. You will then get a link on your mobile via SMS and on your email id.
- Go to the link and complete your KYC. You will need a few documents like your PAN, Aadhaar for the KYC process.
- You will receive your client id and password in 24 hours after completion of your KYC process.
Paytm Money Stocks Demat Account Opening Charges
Account Opening Fees | |
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs. 500 |
Demat AMC Charges | Rs. 300 per Annum |
Trading AMC Charges | Free |
Margin Money | Zero Margin |
Offline to Online | Yes |
The account opening charges by Paytm Money Securities are –
- Paytm Money charges account opening fees of Rs. 500 (KYC 200 + Account Opening Rs. 300)
- Demat AMC is Rs. 300 per annum ut Trading AMC is free
- The broking house requires Zero margin & depository service used are both CDSL & NSDL
Paytm Money Products & Services
- Direct Mutual Funds.
- SIP.
- Digital Gold.
- Stocks of Company.
- NPS investment.
Paytm Money Stocks Brokerage Charges & Fees
Charges | Equity Delivery | Equity Intraday |
Brokerage | Rs. 0.01/- per executed order | 0.05% of turnover or Rs. 10/-, whichever is lower |
Securities Transaction Tax (STT) | 0.1% on both Buy and Sell | 0.025% on the Sell Side |
Transaction / Turnover Charges | NSE: 0.00325% | BSE: 0.003% per trade (both side) | NSE: 0.00325% | BSE: 0.003% per trade (both side) |
Goods and Services Tax (GST) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
SEBI Charges | 0.0005% of turnover | 0.0005% of turnover |
Stamp Charges | 0.015% of turnover on buy orders | 0.003% of turnover on buy orders |
DP Charges | Rs. 10/- per scrip per day (including the depository transaction charges) | Nill |
Paytm Money Stocks Other Charges
Payment Gateway Charges – Netbanking | Rs. 10/- for each fund addition |
Payment Gateway Charges – UPI | Rs. 0/- for each fund addition |
Overdue Interest Charges | 1.5% charged monthly on the outstanding bill amount if not paid within the due date |
Physical Statement & Document | Rs. 300/- per request + Rs. 300/- per courier |
Paytm Money Offers
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