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

Find a Comparison of Sahi vs Canara Bank 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 Sahi and Canara Bank.

Background

Year of Incorporation 2023 1996
Website sahi.com https://www.canmoney.in/
Phone 1800-410-7244 1800-22-0369
Exchanges enabled BSE, NSE BSE, NSE, NCDEX, ICEX, MCX
Demat (NSDL/CDSL) CDSL CDSL and NSDL
Brokerage

Equity Rs 10/order or 0.05% of turnover, whichever is lower 0.35% for Delivery & 0.04% for Intraday
Equity Futures Rs 10/order flat 0.04%
Equity Options Rs 10/order flat Rs.50 per Lot
Currency Futures Rs 10/order flat 0.04%
Currency Options Rs 10/order flat Rs.50 per Lot
Commodity Rs 10/order flat Rs.50 per Lot
Account Opening Costs

Trading only Rs 0 Free
Trading & Demat Rs 0 Free
Commodity Rs 0 Free
Transparency & other costs

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

Equity Rs 10/order or 0.05%, whichever is lower 0.00325%
Futures Rs 10/order flat 0.00325%
Options Rs 10/order flat 0.00325%
Commodities Rs 10/order flat 0.00325%
AMC charge Rs 0 Rs.500 per Annum
DP Transaction Charge Rs 13.50 Rs 9 + GST
Offline order placing Charge Not publicly listed Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday Yes — low-latency in-house charts for entering and managing trades directly on screen 7 Days
End of Day Yes 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity N/A Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures N/A Upto 3X
Equity Options N/A Upto 5X
Currency Futures N/A Upto 2X
Currency Options N/A Upto 2X
Commodity N/A Upto 2X
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 N/A Rs 3283 Crores
Profit after Tax FY12/13 N/A Rs 2872 Crores
Profit after Tax FY13/14 N/A Rs 2438 Crores
Profit after Tax FY 14/15 N/A Rs 2703 Crores
Profit after Tax FY 15/16 N/A Rs (2813) Crores
Profit after Tax FY 16/17 N/A Rs 1122 Crores
Profit after Tax FY 17/18 N/A Rs (4222) Crores
Profit after Tax FY 18/19 N/A Rs 347 Crores
Profit after Tax FY 19/20 N/A Rs (2236) Crores
Profit after Tax FY 20/21 N/A Rs 4406.07 Crores
Profit after Tax FY 21/22 N/A Rs 5464.49 Crores
Profit after Tax FY 22/23 N/A Rs 7518.54 Crores
Debt FY11/12 N/A Rs 4.7 Lakhs
Debt FY12/13 N/A Rs 5.2 Lakhs
Debt FY13/14 N/A Rs 5.6 Lakhs
Debt FY14/15 N/A Rs 6.1 Lakhs
Debt FY15/16 N/A Rs 6.8 Lakhs
Debt FY16/17 N/A Rs 7.2 Lakhs
Debt FY17/18 N/A Rs 8.3 Lakhs
Debt FY18/19 N/A Rs 7.9 Lakhs
Debt FY19/20 N/A Rs 9.4 Lakhs
Debt FY20/21 N/A Rs 9.9 Lakhs
Debt FY21/22 N/A Rs 10 Lakhs
Debt FY22/23 N/A Rs 4.7 Lakhs
Profit to Equity(%) FY11/12 N/A 74.10
Profit to Equity(%) FY12/13 N/A 64.83
Profit to Equity(%) FY13/14 N/A 54.48
Profit to Equity(%) FY14/15 N/A 11.06
Profit to Equity(%) FY15/16 N/A (10.69)
Profit to Equity(%) FY16/17 N/A 4.15
Profit to Equity(%) FY17/18 N/A (16.74)
Profit to Equity(%) FY18/19 N/A 1.40
Profit to Equity(%) FY19/20 N/A (8.05)
Profit to Equity(%) FY20/21 N/A 6.71
Profit to Equity(%) FY21/22 N/A 12.82
Profit to Equity(%) FY22/23 N/A 19.49
Balance Sheet Size FY11/12 N/A Rs 156538,78.76
Balance Sheet Size FY12/13 N/A Rs 182468,06,75 Crores
Balance Sheet Size FY13/14 N/A Rs 583519 44 35 Crores
Balance Sheet Size FY14/15 N/A Rs 583519 44 35 Crores
Balance Sheet Size FY15/16 N/A Rs 583519 44 35 Crores
Balance Sheet Size FY16/17 N/A Rs 583519 44 35 Crores
Balance Sheet Size FY17/18 N/A Rs 616886 10 48 Crores
Balance Sheet Size FY18/19 N/A Rs 694766 69 05 Crores
Balance Sheet Size FY19/20 N/A Rs 723874 74 53 Crores
Balance Sheet Size FY20/21 N/A Rs 1027147 88 07 Crores
Balance Sheet Size FY21/22 N/A Rs 1228104 88 07 Crores
Balance Sheet Size FY22/23 N/A Rs 1345732 24 75 Crores

Comparison Link:

Compare Sahi Compare Canara Bank
Sahi Vs Punch Trade Canara Bank Vs Punch Trade
Sahi Vs BlinkX Canara Bank Vs BlinkX
Sahi Vs Lemonn Canara Bank Vs Lemonn
Sahi Vs Mandot Securities Canara Bank Vs Mandot Securities
Sahi Vs HDFC Sky Canara Bank Vs HDFC Sky
Sahi Vs Dhan Canara Bank Vs Dhan
Sahi Vs Goodwill Wealth Canara Bank Vs Goodwill Wealth
Sahi Vs Shoonya by Finvasia Canara Bank Vs Shoonya by Finvasia
Sahi Vs NJ Wealth Canara Bank Vs NJ Wealth
Sahi Vs Paytm Money Canara Bank Vs Paytm Money
Sahi Vs Globe Capital Canara Bank Vs Globe Capital
Sahi Vs Cholamandalam Securities Canara Bank Vs Cholamandalam Securities
Sahi Vs Axis Direct Canara Bank Vs Axis Direct
Sahi Vs Alice Blue Canara Bank Vs Alice Blue
Sahi Vs 5Paisa Canara Bank Vs 5Paisa
Sahi Vs WisdomCapital Canara Bank Vs WisdomCapital
Sahi Vs Way2wealth Canara Bank Vs Way2wealth
Sahi Vs Ventura Securities Canara Bank Vs Ventura Securities
Sahi Vs Navia Markets Ltd Canara Bank Vs Navia Markets Ltd
Sahi Vs Tradejini Canara Bank Vs Tradejini
Sahi Vs Tata Securities Canara Bank Vs Tata Securities
Sahi Vs Swastika Investmart Canara Bank Vs Swastika Investmart
Sahi Vs SMC Global Canara Bank Vs SMC Global
Sahi Vs SBICAP Securities Canara Bank Vs SBICAP Securities
Sahi Vs SASOnline Canara Bank Vs SASOnline
Sahi Vs Samco securities Canara Bank Vs Samco securities
Sahi Vs RK Global Canara Bank Vs RK Global
Sahi Vs Reliance Securities Canara Bank Vs Reliance Securities
Sahi Vs Nirmal Bang Canara Bank Vs Nirmal Bang
Sahi Vs Master Trust Capital Canara Bank Vs Master Trust Capital
Sahi Vs Kotak Securities Canara Bank Vs Kotak Securities
Sahi Vs Interactive Brokers Canara Bank Vs Interactive Brokers
Sahi Vs IIFL Securities Canara Bank Vs IIFL Securities
Sahi Vs Dhani Canara Bank Vs Dhani
Sahi Vs IDBI Capital Canara Bank Vs IDBI Capital
Sahi Vs HDFC Securities Canara Bank Vs HDFC Securities
Sahi Vs Geojit Canara Bank Vs Geojit
Sahi Vs Fyers Securities Canara Bank Vs Fyers Securities
Sahi Vs Edelweiss Capital Canara Bank Vs Edelweiss Capital
Sahi Vs Easytradez Canara Bank Vs Easytradez
Sahi Vs Rupeezy Canara Bank Vs Rupeezy
Sahi Vs Anand Rathi Canara Bank Vs Anand Rathi
Sahi Vs Aditya Birla Money Canara Bank Vs Aditya Birla Money
Sahi Vs Achiievers Canara Bank Vs Achiievers
Sahi Vs Angel One Canara Bank Vs Angel One
Sahi Vs Motilal Oswal Canara Bank Vs Motilal Oswal
Sahi Vs ICICI Direct Canara Bank Vs ICICI Direct
Sahi Vs Sharekhan Canara Bank Vs Sharekhan
Sahi Vs Groww Canara Bank Vs Groww
Sahi Vs Tradesmart Online Canara Bank Vs Tradesmart Online
Sahi Vs Upstox Canara Bank Vs Upstox
Sahi Vs Zerodha Canara Bank Vs Zerodha

Frequently Asked Questions

Which is better, Sahi or Canara Bank?

Sahi Securities and Canara Bank 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.

Do Sahi and Canara Bank offer mobile trading apps?

Yes, both Sahi Securities and Canara Bank provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Canara Bank and Sahi?

The account opening charges by brokers Sahi and Canara Bank for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Sahi and Canara Bank are SEBI-registered brokers with good reputations. Sahi is known for its trading platforms, while Canara Bank is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Sahi and Canara Bank offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.