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

Find a Comparison of Zerodha 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 Zerodha and Canara Bank.

Background

Year of Incorporation 2010 1996
Website https://zerodha.com https://www.canmoney.in/
Phone 080-4718-1888 1800-22-0369
Exchanges enabled NSE, BSE, MCX-SX & MCX BSE, NSE, NCDEX, ICEX, MCX
Demat (NSDL/CDSL) CDSL CDSL and NSDL
Brokerage

Equity Rs 0 on Delivery & Rs 20 on Intraday 0.35% for Delivery & 0.04% for Intraday
Equity Futures Rs 20 or 0.03% (whichever is lower) per executed order 0.04%
Equity Options Rs 20 per order Rs.50 per Lot
Currency Futures Rs 20 or 0.03% (whichever is lower) per executed order 0.04%
Currency Options Rs 20 per order Rs.50 per Lot
Commodity Rs 20 per order Rs.50 per Lot
Account Opening Costs

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

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

Equity 0.00325% on Turnover 0.00325%
Futures 0.0021% on Contract Turnover 0.00325%
Options 0.053% on Premium Turnover 0.00325%
Commodities 0.0031% on Contract turnover 0.00325%
AMC charge Rs 300/year Rs.500 per Annum
DP Transaction Charge Rs 13 per debit instruction Rs 9 + GST
Offline order placing Charge Rs 20 per executed order Rs 20 per executed order
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 365 days on Zerodha Pi 7 Days
End of Day 10 years on Zerodha Pi 5 Years
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 20x intraday Upto 2x for Delivery & Upto 6x for Intraday
Equity Futures Upto 7x intraday leverage Upto 3X
Equity Options Buying no leverage, Shorting upto 7x leverage intrdaday Upto 5X
Currency Futures 2x intraday leverage Upto 2X
Currency Options Buying no leverage, Shorting upto 2x intraday leverage Upto 2X
Commodity 2.5x intraday leverage 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 Rs 2.4 Crores Rs 3283 Crores
Profit after Tax FY12/13 Rs 5.8 Crores Rs 2872 Crores
Profit after Tax FY13/14 Rs 10.27 Crores Rs 2438 Crores
Profit after Tax FY 14/15 Rs 10.58 Crores Rs 2703 Crores
Profit after Tax FY 15/16 Rs 10.99 Crores Rs (2813) Crores
Profit after Tax FY 16/17 Rs 11.02 Crores Rs 1122 Crores
Profit after Tax FY 17/18 Rs 11.36 Crores Rs (4222) Crores
Profit after Tax FY 18/19 Rs 11.75 Crores Rs 347 Crores
Profit after Tax FY 19/20 Rs 11.98 Crores Rs (2236) Crores
Profit after Tax FY 20/21 Rs 12.13 Crores Rs 4406.07 Crores
Profit after Tax FY 21/22 Rs 12.38 Crores Rs 5464.49 Crores
Profit after Tax FY 22/23 Rs 12.87 Crores Rs 7518.54 Crores
Debt FY11/12 0 Rs 4.7 Lakhs
Debt FY12/13 0 Rs 5.2 Lakhs
Debt FY13/14 0 Rs 5.6 Lakhs
Debt FY14/15 Rs 4.45 Crores Rs 6.1 Lakhs
Debt FY15/16 Rs 4.88 Crores Rs 6.8 Lakhs
Debt FY16/17 Rs 5.22 Crores Rs 7.2 Lakhs
Debt FY17/18 Rs 5.68 Crores Rs 8.3 Lakhs
Debt FY18/19 Rs 6.25 Crores Rs 7.9 Lakhs
Debt FY19/20 Rs 5.87 Crores Rs 9.4 Lakhs
Debt FY20/21 Rs 6.11 Crores Rs 9.9 Lakhs
Debt FY21/22 Rs 6.47 Crores Rs 10 Lakhs
Debt FY22/23 Rs 6.98 Crores Rs 4.7 Lakhs
Profit to Equity(%) FY11/12 19% 74.10
Profit to Equity(%) FY12/13 24% 64.83
Profit to Equity(%) FY13/14 21% 54.48
Profit to Equity(%) FY14/15 21% 11.06
Profit to Equity(%) FY15/16 23% (10.69)
Profit to Equity(%) FY16/17 26% 4.15
Profit to Equity(%) FY17/18 28% (16.74)
Profit to Equity(%) FY18/19 29% 1.40
Profit to Equity(%) FY19/20 33% (8.05)
Profit to Equity(%) FY20/21 36% 6.71
Profit to Equity(%) FY21/22 38% 12.82
Profit to Equity(%) FY22/23 39% 19.49
Balance Sheet Size FY11/12 Rs 25.4 Crores Rs 156538,78.76
Balance Sheet Size FY12/13 Rs 64.5 Crores Rs 182468,06,75 Crores
Balance Sheet Size FY13/14 Rs 111.1 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY14/15 Rs 112.18 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY15/16 Rs 112.98 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY16/17 Rs 113.44 Crores Rs 583519 44 35 Crores
Balance Sheet Size FY17/18 Rs 114.87 Crores Rs 616886 10 48 Crores
Balance Sheet Size FY18/19 Rs 116.55 Crores Rs 694766 69 05 Crores
Balance Sheet Size FY19/20 Rs 119.22 Crores Rs 723874 74 53 Crores
Balance Sheet Size FY20/21 Rs 120.63 Crores Rs 1027147 88 07 Crores
Balance Sheet Size FY21/22 Rs 121.16 Crores Rs 1228104 88 07 Crores
Balance Sheet Size FY22/23 Rs 122.10 Crores Rs 1345732 24 75 Crores

Comparison Link:

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

Frequently Asked Questions

Is Zerodha better than Canara Bank ?

Zerodha and Canara Bank 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 better than Zerodha ?

Zerodha and Canara Bank 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 Zerodha cheaper than Canara Bank ?

Zerodha and Canara Bank 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 Canara Bank cheaper than Zerodha ?

Zerodha and Canara Bank 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 Zerodha vs. Canara Bank ?

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