Find a Comparison of Canara Bank vs Punch Trade 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 Punch Trade.
| Year of Incorporation | 1996 | 2016 |
| Website | https://www.canmoney.in/ | https://www.punch.trade/ |
| Phone | 1800-22-0369 | +91-7948222271 |
| Exchanges enabled | BSE, NSE, NCDEX, ICEX, MCX | BSE, NSE, MCX |
| Demat (NSDL/CDSL) | CDSL and NSDL | CDSL |
| Equity | 0.35% for Delivery & 0.04% for Intraday | Rs 20 or 0.03% per executed order |
| Equity Futures | 0.04% | Rs 20 per executed order |
| Equity Options | Rs.50 per Lot | Rs 20 per executed order |
| Currency Futures | 0.04% | Rs 20 per executed order |
| Currency Options | Rs.50 per Lot | Rs 20 per executed order |
| Commodity | Rs.50 per Lot | Rs 20 per executed order |
| Trading only | Free | Free |
| Trading & Demat | Free | Free |
| Commodity | Free | Free |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% | 0.00325% of Turnover |
| Futures | 0.00325% | 0.0019% of Turnover |
| Options | 0.00325% | 0.05% of Turnover |
| Commodities | 0.00325% | 0.03% of Turnover |
| AMC charge | Rs.500 per Annum | Rs 300 per annum |
| DP Transaction Charge | Rs 9 + GST | Rs 25 per Debit Transaction |
| Offline order placing Charge | Rs 20 per executed order | Rs 20 per executed order |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 7 Days | 7 Days |
| End of Day | 5 Years | 5 Years |
| Coding/Backtesting | |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | Upto 2x for Delivery & Upto 6x for Intraday | 1x on Delivery & upto 5x on Intraday |
| Equity Futures | Upto 3X | 2x for intraday |
| Equity Options | Upto 5X | Upto 2x for Intraday |
| Currency Futures | Upto 2X | Upto 2x for intraday |
| Currency Options | Upto 2X | Upto 2x for Intraday |
| Commodity | Upto 2X | Upto 2x for Intraday |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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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 | Not Available |
| Profit after Tax FY12/13 | Rs 2872 Crores | Not Available |
| Profit after Tax FY13/14 | Rs 2438 Crores | Not Available |
| Profit after Tax FY 14/15 | Rs 2703 Crores | Not Available |
| Profit after Tax FY 15/16 | Rs (2813) Crores | Not Available |
| Profit after Tax FY 16/17 | Rs 1122 Crores | Rs 17 Lakhs |
| Profit after Tax FY 17/18 | Rs (4222) Crores | Rs 27 Lakhs |
| Profit after Tax FY 18/19 | Rs 347 Crores | Rs 35 Lakhs |
| Profit after Tax FY 19/20 | Rs (2236) Crores | Rs 42 Lakhs |
| Profit after Tax FY 20/21 | Rs 4406.07 Crores | Rs 46 Lakhs |
| Profit after Tax FY 21/22 | Rs 5464.49 Crores | Rs 61 Lakhs |
| Profit after Tax FY 22/23 | Rs 7518.54 Crores | Rs 75 Lakhs |
| Debt FY11/12 | Rs 4.7 Lakhs | Not Available |
| Debt FY12/13 | Rs 5.2 Lakhs | Not Available |
| Debt FY13/14 | Rs 5.6 Lakhs | Not Available |
| Debt FY14/15 | Rs 6.1 Lakhs | Not Available |
| Debt FY15/16 | Rs 6.8 Lakhs | Not Available |
| Debt FY16/17 | Rs 7.2 Lakhs | Rs 12.22 Lakhs |
| Debt FY17/18 | Rs 8.3 Lakhs | Rs 18.64 Lakhs |
| Debt FY18/19 | Rs 7.9 Lakhs | Rs 26.79 Lakhs |
| Debt FY19/20 | Rs 9.4 Lakhs | Rs 33.82 Lakhs |
| Debt FY20/21 | Rs 9.9 Lakhs | Rs 39.47 Lakhs |
| Debt FY21/22 | Rs 10 Lakhs | Rs 48.58 Lakhs |
| Debt FY22/23 | Rs 4.7 Lakhs | Rs 52.22 Lakhs |
| Profit to Equity(%) FY11/12 | 74.10 | Not Available |
| Profit to Equity(%) FY12/13 | 64.83 | Not Available |
| Profit to Equity(%) FY13/14 | 54.48 | Not Available |
| Profit to Equity(%) FY14/15 | 11.06 | Not Available |
| Profit to Equity(%) FY15/16 | (10.69) | Not Available |
| Profit to Equity(%) FY16/17 | 4.15 | 6.49% |
| Profit to Equity(%) FY17/18 | (16.74) | 7.22% |
| Profit to Equity(%) FY18/19 | 1.40 | 8.53% |
| Profit to Equity(%) FY19/20 | (8.05) | 8.09% |
| Profit to Equity(%) FY20/21 | 6.71 | 10.46% |
| Profit to Equity(%) FY21/22 | 12.82 | 11.35% |
| Profit to Equity(%) FY22/23 | 19.49 | 14.95% |
| Balance Sheet Size FY11/12 | Rs 156538,78.76 | Not Available |
| Balance Sheet Size FY12/13 | Rs 182468,06,75 Crores | Not Available |
| Balance Sheet Size FY13/14 | Rs 583519 44 35 Crores | Not Available |
| Balance Sheet Size FY14/15 | Rs 583519 44 35 Crores | Not Available |
| Balance Sheet Size FY15/16 | Rs 583519 44 35 Crores | Not Available |
| Balance Sheet Size FY16/17 | Rs 583519 44 35 Crores | Rs 155 Lakhs |
| Balance Sheet Size FY17/18 | Rs 616886 10 48 Crores | Rs 170 Lakhs |
| Balance Sheet Size FY18/19 | Rs 694766 69 05 Crores | Rs 173 Lakhs |
| Balance Sheet Size FY19/20 | Rs 723874 74 53 Crores | Rs 188 Lakhs |
| Balance Sheet Size FY20/21 | Rs 1027147 88 07 Crores | Rs 195 Lakhs |
| Balance Sheet Size FY21/22 | Rs 1228104 88 07 Crores | Rs 205 Lakhs |
| Balance Sheet Size FY22/23 | Rs 1345732 24 75 Crores | Rs 225 Lakhs |
Canara Bank Securities and Punch Trade are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.
Yes, both Canara Bank Securities and Punch Trade provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Canara Bank and Punch Trade for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Canara Bank and Punch Trade are SEBI-registered brokers with good reputations. Canara Bank is known for its trading platforms, while Punch Trade is praised for cost-effective pricing.
Yes, both Canara Bank and Punch Trade offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
