Canara Bank vs Anand Rathi – Compare Charges, Trading Features, Offers & more

Find a Comparison of Canara Bank vs Anand Rathi here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Canara Bank and Anand Rathi.

Background

Year of Incorporation 1996 1994
Website https://www.canmoney.in/ https://anandrathi.com/
Phone 1800-22-0369 +91-22-62811514
Exchanges enabled BSE, NSE, NCDEX, ICEX, MCX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) CDSL and NSDL NSDL
Brokerage

Equity 0.35% for Delivery & 0.04% for Intraday 0.20% for Intraday & 0.3% for Delivery
Equity Futures 0.04% 0.20% of Turnover
Equity Options Rs.50 per Lot Rs 50 per lot
Currency Futures 0.04% 0.20% of Turnover
Currency Options Rs.50 per Lot Rs 20 per lot
Commodity Rs.50 per Lot Rs 100 per lot
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 450 For 1st Year
Commodity Free Rs 250
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.0035% of Turnover
Futures 0.00325% 0.0035% of Turnover
Options 0.00325% 0.07% of Premium Turnover
Commodities 0.00325% 0.0035% of Turnover
AMC charge Rs.500 per Annum Rs 450 for 1st year
DP Transaction Charge Rs 9 + GST Rs 25 per debit
Offline order placing Charge Rs 20 per executed order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 22 days on NEST
End of Day 5 Years 10 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 2x for Delivery & Upto 6x for Intraday Upto 10x for Intraday, Upto 4x for Delivery@interest
Equity Futures Upto 3X Upto 2x Intraday
Equity Options Upto 5X Buying no leverage, Shorting upto 2x
Currency Futures Upto 2X Upto 2x Intraday
Currency Options Upto 2X Buying no leverage, Shorting upto 2x
Commodity Upto 2X Upto 2x Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 3283 Crores Rs 2.43 Crores
Profit after Tax FY12/13 Rs 2872 Crores Rs 2.27 Crores
Profit after Tax FY13/14 Rs 2438 Crores Rs 2.62 Crores
Profit after Tax FY 14/15 Rs 2703 Crores Rs 2.51 Crores
Profit after Tax FY 15/16 Rs (2813) Crores Rs 3.82 Crores
Profit after Tax FY 16/17 Rs 1122 Crores Rs 4.54 Crores
Profit after Tax FY 17/18 Rs (4222) Crores Rs 6.99 Crores
Profit after Tax FY 18/19 Rs 347 Crores Rs 6.13 Crores
Profit after Tax FY 19/20 Rs (2236) Crores Rs 8.99 Crores
Profit after Tax FY 20/21 Rs 4406.07 Crores Rs 8.35 Crores
Profit after Tax FY 21/22 Rs 5464.49 Crores Rs 10.55 Crores
Profit after Tax FY 22/23 Rs 7518.54 Crores Rs 11.67 Crores
Debt FY11/12 Rs 4.7 Lakhs Rs 34.3 Crores
Debt FY12/13 Rs 5.2 Lakhs Rs 40.4 Crores
Debt FY13/14 Rs 5.6 Lakhs Rs 54.4 Crores
Debt FY14/15 Rs 6.1 Lakhs Rs 78.23 Crores
Debt FY15/16 Rs 6.8 Lakhs Rs 98.49 Crores
Debt FY16/17 Rs 7.2 Lakhs Rs 93.04 Crores
Debt FY17/18 Rs 8.3 Lakhs Rs 84.65 Crores
Debt FY18/19 Rs 7.9 Lakhs Rs 106.46 Crores
Debt FY19/20 Rs 9.4 Lakhs Rs 90.47 Crores
Debt FY20/21 Rs 9.9 Lakhs Rs 106.45 Crores
Debt FY21/22 Rs 10 Lakhs Rs 84.86 Crores
Debt FY22/23 Rs 4.7 Lakhs Rs 63.95 Crores
Profit to Equity(%) FY11/12 74.10 2.96%
Profit to Equity(%) FY12/13 64.83 1.51%
Profit to Equity(%) FY13/14 54.48 1.73%
Profit to Equity(%) FY14/15 11.06 3.88%
Profit to Equity(%) FY15/16 (10.69) 4.08%
Profit to Equity(%) FY16/17 4.15 4.77%
Profit to Equity(%) FY17/18 (16.74) 6.33%
Profit to Equity(%) FY18/19 1.40 6.31%
Profit to Equity(%) FY19/20 (8.05) 8.40%
Profit to Equity(%) FY20/21 6.71 8.97%
Profit to Equity(%) FY21/22 12.82 10.38%
Profit to Equity(%) FY22/23 19.49 10.79%
Balance Sheet Size FY11/12 Rs 156538,78.76 Rs 316.9 Crores
Balance Sheet Size FY12/13 Rs 182468,06,75 Crores Rs 323.5 Crores
Balance Sheet Size FY13/14 Rs 583519 44 35 Crores Rs 264 Crores
Balance Sheet Size FY14/15 Rs 583519 44 35 Crores Rs 301.86 Crores
Balance Sheet Size FY15/16 Rs 583519 44 35 Crores Rs 445.20 Crores
Balance Sheet Size FY16/17 Rs 583519 44 35 Crores Rs 366.26 Crores
Balance Sheet Size FY17/18 Rs 616886 10 48 Crores Rs 277.27 Crores
Balance Sheet Size FY18/19 Rs 694766 69 05 Crores Rs 409.30 Crores
Balance Sheet Size FY19/20 Rs 723874 74 53 Crores Rs 501.42 Crores
Balance Sheet Size FY20/21 Rs 1027147 88 07 Crores Rs 459.22 Crores
Balance Sheet Size FY21/22 Rs 1228104 88 07 Crores Rs 328.40 Crores
Balance Sheet Size FY22/23 Rs 1345732 24 75 Crores Rs 408.24 Crores

Comparison Link:

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Canara Bank Vs Dhani Anand Rathi Vs Dhani
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Canara Bank Vs HDFC Securities Anand Rathi Vs HDFC Securities
Canara Bank Vs Geojit Anand Rathi Vs Geojit
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Canara Bank Vs Edelweiss Capital Anand Rathi Vs Edelweiss Capital
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Canara Bank Vs Tradesmart Online Anand Rathi Vs Tradesmart Online
Canara Bank Vs Upstox Anand Rathi Vs Upstox
Canara Bank Vs Zerodha Anand Rathi Vs Zerodha

Frequently Asked Questions

Is Canara Bank better than Anand Rathi ?

Canara Bank and Anand Rathi are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Anand Rathi better than Canara Bank ?

Canara Bank and Anand Rathi are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Canara Bank cheaper than Anand Rathi ?

Canara Bank and Anand Rathi are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Anand Rathi cheaper than Canara Bank ?

Canara Bank and Anand Rathi are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Canara Bank vs. Anand Rathi ?

To find out the better of the two stockbrokers Canara Bank and Anand Rathi, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.