Canara Bank vs SBICAP Securities – Compare Charges, Trading Features, Offers & more

Find a Comparison of Canara Bank vs SBICAP Securities 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 SBICAP Securities.

Background

Year of Incorporation 1996 2001
Website https://www.canmoney.in/ https://www.sbisecurities.in/
Phone 1800-22-0369 1800-209-9345
Exchanges enabled BSE, NSE, NCDEX, ICEX, MCX NSE & BSE
Demat (NSDL/CDSL) CDSL and NSDL CDSL
Brokerage

Equity 0.35% for Delivery & 0.04% for Intraday 0.05% for Intraday, 0.5% for Delivery
Equity Futures 0.04% 0.05% of Turnover
Equity Options Rs.50 per Lot Rs 100 per lot
Currency Futures 0.04% 0.03% of Turnover
Currency Options Rs.50 per Lot Rs 30 per lot
Commodity Rs.50 per Lot Not Available
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs 850
Commodity Free Not Available
Transparency & other costs

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%
Options 0.00325% 0.05% of Turnover
Commodities 0.00325% Not Available
AMC charge Rs.500 per Annum Rs 350 per year
DP Transaction Charge Rs 9 + GST Rs 21 per debit instruction or 0.01% whichever is lower
Offline order placing Charge Rs 20 per executed order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days Upto 5 days on ODIN
End of Day 5 Years 5 years on ODIN
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 5x for Intraday, Upto 2 times for Delivery
Equity Futures Upto 3X No Intraday Leverage
Equity Options Upto 5X Upto 3x
Currency Futures Upto 2X No Intraday Leverage
Currency Options Upto 2X Upto 3x
Commodity Upto 2X Not Available
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 4.03 Crores
Profit after Tax FY12/13 Rs 2872 Crores Rs 2.42 Crores
Profit after Tax FY13/14 Rs 2438 Crores Rs 8.01 Crores
Profit after Tax FY 14/15 Rs 2703 Crores Rs 7.21 Crores
Profit after Tax FY 15/16 Rs (2813) Crores Rs 9.17 Crores
Profit after Tax FY 16/17 Rs 1122 Crores Rs 11.16 Crores
Profit after Tax FY 17/18 Rs (4222) Crores Rs 12.81 Crores
Profit after Tax FY 18/19 Rs 347 Crores Rs 12.04 Crores
Profit after Tax FY 19/20 Rs (2236) Crores Rs 11.30 Crores
Profit after Tax FY 20/21 Rs 4406.07 Crores Rs 14.09 Crores
Profit after Tax FY 21/22 Rs 5464.49 Crores Rs 15.68 Crores
Profit after Tax FY 22/23 Rs 7518.54 Crores Rs 17.89 Crores
Debt FY11/12 Rs 4.7 Lakhs Rs 12.46 Lakhs
Debt FY12/13 Rs 5.2 Lakhs Rs 14,51 Lakhs
Debt FY13/14 Rs 5.6 Lakhs Rs 20.1 Lakhs
Debt FY14/15 Rs 6.1 Lakhs Rs 26.94 Lakh
Debt FY15/16 Rs 6.8 Lakhs Rs 29.05 Lakh
Debt FY16/17 Rs 7.2 Lakhs Rs 23.54 Lakh
Debt FY17/18 Rs 8.3 Lakhs Rs 30.52 Lakh
Debt FY18/19 Rs 7.9 Lakhs Rs 33.77 Lakh
Debt FY19/20 Rs 9.4 Lakhs Rs 27.17 Lakh
Debt FY20/21 Rs 9.9 Lakhs Rs 33.21 Lakh
Debt FY21/22 Rs 10 Lakhs Rs 33.36 Lakh
Debt FY22/23 Rs 4.7 Lakhs Rs 30.28 Lakh
Profit to Equity(%) FY11/12 74.10 6.09
Profit to Equity(%) FY12/13 64.83 6.75
Profit to Equity(%) FY13/14 54.48 10.72
Profit to Equity(%) FY14/15 11.06 8.65
Profit to Equity(%) FY15/16 (10.69) 12.85
Profit to Equity(%) FY16/17 4.15 12.87
Profit to Equity(%) FY17/18 (16.74) 14.75
Profit to Equity(%) FY18/19 1.40 12.05
Profit to Equity(%) FY19/20 (8.05) 15.18
Profit to Equity(%) FY20/21 6.71 15.66
Profit to Equity(%) FY21/22 12.82 17.13
Profit to Equity(%) FY22/23 19.49 18.68
Balance Sheet Size FY11/12 Rs 156538,78.76 Rs 127.1 Crores
Balance Sheet Size FY12/13 Rs 182468,06,75 Crores Rs 172.7 Crores
Balance Sheet Size FY13/14 Rs 583519 44 35 Crores Rs 189 Crores
Balance Sheet Size FY14/15 Rs 583519 44 35 Crores Rs 171.25 Crores
Balance Sheet Size FY15/16 Rs 583519 44 35 Crores Rs 141.00 Crores
Balance Sheet Size FY16/17 Rs 583519 44 35 Crores Rs 150.18 Crores
Balance Sheet Size FY17/18 Rs 616886 10 48 Crores Rs 185.99 Crores
Balance Sheet Size FY18/19 Rs 694766 69 05 Crores Rs 212.22 Crores
Balance Sheet Size FY19/20 Rs 723874 74 53 Crores Rs 210.76 Crores
Balance Sheet Size FY20/21 Rs 1027147 88 07 Crores Rs 158.79 Crores
Balance Sheet Size FY21/22 Rs 1228104 88 07 Crores Rs 211.22 Crores
Balance Sheet Size FY22/23 Rs 1345732 24 75 Crores Rs 190.16 Crores

Comparison Link:

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Frequently Asked Questions

Is Canara Bank better than SBICAP Securities ?

Canara Bank and SBICAP Securities 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 SBICAP Securities better than Canara Bank ?

Canara Bank and SBICAP Securities 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 SBICAP Securities ?

Canara Bank and SBICAP Securities 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 SBICAP Securities cheaper than Canara Bank ?

Canara Bank and SBICAP Securities 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. SBICAP Securities ?

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