Paytm Money vs NJ Wealth – Compare Charges, Trading Features, Offers & more
Find a Comparison of Paytm Money vs NJ Wealth 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 Paytm Money and NJ Wealth.
Paytm Money vs NJ Wealth – Company Overview
Company Overview |
Paytm Money |
NJ Wealth |
Company Type |
Private |
Private |
Headquarters |
Bangalore |
Surat |
Founder |
Vijay Shekhar Sharma |
Neeraj Choksi |
Establishment Year |
2019 |
1994 |
Compare the Brokerage of Paytm Money and NJ Wealth
Brokerage |
Paytm Money |
NJ Wealth |
Brokerage Plan |
Standard Plan |
Standard Plan |
Subscription Charges |
Zero |
Zero |
Equity Delivery |
Rs.15 per Trade & 2.5% (whichever is low) |
0.10 of Transaction Value |
Equity Intraday |
Rs.15 per Trade or 0.05% (whichever is Low) |
0.01 of Transaction Value |
Equity Future |
Rs.15 per Trade or 0.02% (whichever is low) |
0.01 of Transaction Value |
Equity Option |
Rs.15 per Trade |
Rs.10 per Lot |
Commodity Future |
NA |
NA |
Commodity Option |
NA |
NA |
Currency Future |
NA |
NA |
Currency Option |
NA |
NA |
Paytm Money vs NJ Wealth – Trading Platforms
Comparison of Paytm Money and NJ Wealth – Trading Features
Trading Features |
Paytm Money |
NJ Wealth |
Wishlist |
Yes |
Yes |
Real Time Updates |
Yes |
Yes |
Portfolio Details |
Yes |
Yes |
Online MF Buy |
Yes |
Yes |
Research Reports |
Yes |
No |
Global indices |
Yes |
No |
Customised Recommendations |
No |
No |
Stock tips |
No |
No |
Interactive charts |
Yes |
No |
Live market |
Yes |
Yes |
Multi Profile Management |
No |
No |
Robust & Secure Platform |
Yes |
Yes |
Compare Paytm Money vs NJ Wealth Offers
Offers |
Paytm Money |
NJ Wealth |
Free Account Opening |
No |
Yes |
Free AMC |
No |
Yes |
Free Brokerage |
No |
No |
Flat Brokerage |
Yes |
No |
Flexible Brokerage Plans |
No |
No |
Happy Trading Hours |
No |
No |
Free Delivery Trading |
No |
No |
Free Intraday Trading |
No |
No |
Free F&O Trading |
NA |
No |
Free Research Reports |
No |
Yes |
Free Trading calls |
No |
Yes |
Referral Offers |
Yes |
Rs.250 per Client |
Margin Funding / Pledging |
Yes |
Yes |
Brokerage Cashback |
No |
No |
Zero Brokerage for Loss Making Trades |
No |
No |
Paytm Money vs NJ Wealth – Products Provided
Products Provided |
Paytm Money |
NJ Wealth |
Equity Delivery |
Yes |
Yes |
Equity Intraday |
Yes |
Yes |
Equity Option |
Yes |
Yes |
Equity Future |
Yes |
Yes |
Commodity Option |
No |
No |
Commodity Future |
No |
No |
Currency Option |
No |
No |
Currency Future |
No |
No |
Foreign Stocks |
No |
No |
Mutual Funds |
Yes |
Yes |
Banking |
No |
No |
Insurance |
No |
No |
Corporate Bonds |
No |
No |
Govt. Bonds |
No |
No |
Digital Gold |
No |
No |
Paytm Money vs NJ Wealth – Services Provided
Services Provided |
Paytm Money |
NJ Wealth |
Demat Services |
Yes |
Yes |
Trading Services |
Yes |
Yes |
Intraday Services |
Yes |
Yes |
F&O Services |
Yes |
Yes |
IPO Services |
Yes |
Yes |
3 in 1 Account |
No |
No |
Stock Research |
No |
No |
Stock Recommendations |
No |
No |
Trading Institution |
No |
Yes, NJ Flap |
Share Pledging |
Yes |
Yes |
PMS or PCG |
No |
No |
NRI Services |
No |
No |
Compare Paytm Money and NJ Wealth Advisory
Advisory |
Paytm Money |
NJ Wealth |
Fundamental Reports |
No |
No |
Research Reports |
No |
No |
Company Reports |
No |
No |
Annual Reports |
No |
No |
IPO Reports |
No |
No |
Technical Reports |
No |
No |
Stock Tips |
No |
No |
Daily Top Stock Picks |
No |
No |
Daily Market Review |
No |
No |
Monthly Review |
No |
No |
Weekly Review |
No |
No |
Relationship Manager |
No |
No |
Robo Advisory |
No |
Yes |
Comparison of Paytm Money and NJ Wealth Exposure
Exposure |
Paytm Money |
NJ Wealth |
Equity Delivery |
1x |
1x |
Equity Intraday |
Upto 5x (Depends on Stocks) |
Upto 5x (Depends on Stocks) |
Equity F&O Carry Forward |
1x |
1x |
Equity F&O Intraday |
1.3x |
1.3x |
Commodity F&O Carry Forward |
1x |
1x |
Commodity F&O Intraday |
1.3x |
1.3x |
Currency F&O |
1x |
1x |
Compare Programs of Paytm Money & NJ Wealth
Programs |
Paytm Money |
NJ Wealth |
Sub Broker Program |
Yes |
Yes, Limited |
Partner Program |
Yes |
Yes, Limited |
Referral Program |
Yes |
Yes |
Paytm Money vs NJ Wealth – Ratings by Finec
Ratings |
Paytm Money |
NJ Wealth |
Overall Rating |
8.85 / 10 |
7.70 / 10 |
Customer Support |
8.81 / 10 |
7.67 / 10 |
Technology |
8.95 / 10 |
7.80 / 10 |
Charges |
8.88 / 10 |
7.73 / 10 |
Products & Service |
8.79 / 10 |
7.66 / 10 |
Experience |
8.77 / 10 |
7.64 / 10 |
Compare Customer Support of Paytm Money and NJ Wealth
Comparison of Paytm Money & NJ Wealth Complaints
Complaints |
Paytm Money |
NJ Wealth |
Total Complaints Lodged |
195 |
10 |
Total Complaints Resolved |
172 |
7 |
% of Resolved Complaints |
88.21% |
70.00% |
Non Actionable Complaints |
18 |
3 |
% of Non Actionable Complaints |
9.23% |
30.00% |
Compare Demat Charges of Paytm Money vs NJ Wealth
Demat Charges |
Paytm Money |
NJ Wealth |
Account Opening Charges |
Rs.200 |
Free |
Annual Maintenance Charges (AMC) |
Free |
Free |
Paytm Money vs NJ Wealth – Compare STT & CTT
STT & CTT |
Paytm Money |
NJ Wealth |
Equity Delivery |
0.1% on buy & sell |
0.1% on buy & sell |
Equity Intraday |
0.025% on sell |
0.025% on sell |
Equity Future |
0.0125% on sell |
0.0125% on sell |
Equity Option |
0.0625% on sell (on premium) |
0.0625% on sell (on premium) |
Commodity Future |
NA |
NA |
Commodity Option |
NA |
NA |
Currency Future |
NA |
NA |
Currency Option |
NA |
NA |
Compare Stamp Duty of Paytm Money and NJ Wealth
Stamp Duty |
Paytm Money |
NJ Wealth |
Equity Delivery |
0.015% on buy |
0.015% on buy |
Equity Intraday |
0.003% on buy |
0.003% on buy |
Equity Future |
0.002% on buy |
0.002% on buy |
Equity Option |
0.003% on buy |
0.003% on buy |
Commodity Future |
NA |
NA |
Commodity Option |
NA |
NA |
Currency Future |
NA |
NA |
Currency Option |
NA |
NA |
Paytm Money vs NJ Wealth – Transaction Charges
Transaction Charges |
Paytm Money |
NJ Wealth |
Equity Delivery |
0.00345% (NSE) & 0.00375% (BSE) |
0.00335% (NSE) & As per Stock (BSE) |
Equity Intraday |
0.00345% (NSE) & 0.00375% (BSE) |
0.00335% (NSE) & As per Stock (BSE) |
Equity Future |
0.002% (NSE & BSE) |
0.002% (NSE & BSE) |
Equity Option |
0.053% (on premium) |
0.053% (on premium) |
Commodity Future |
NA |
NA |
Commodity Option |
NA |
NA |
Currency Future |
NA |
NA |
Currency Option |
NA |
NA |
Compare Pledge Charges of Paytm Money & NJ Wealth
Pledge Charges |
Paytm Money |
NJ Wealth |
Pledge Creation Charges |
Rs.15 per Request |
Rs.15 per Request |
Pledge Invocation Charges |
Rs.15 per Request |
Rs.15 per Request |
Interest on Margin Trading |
0.049% per day |
NA |
Comparison of Paytm Money and NJ Wealth – Hidden Charge
Hidden Charge |
Paytm Money |
NJ Wealth |
SEBI Turnover Charges |
Rs.10/ Crore (All Segment) |
Rs.10/ Crore (All Segment) |
DP Charges |
Rs.13.5 per Scrip only on Sell |
Rs.20 per Scrip on Sell |
GST |
18% on (Brokerage + SEBI + Transaction charges) |
18% on (Brokerage + SEBI + Transaction charges) |
Account Closure Charges |
Nil |
Nil |
Reactivation Charges |
Nil |
Nil |
Dematerialisation Charges |
Rs.250 per 100 Certificate |
NA |
Call & Trade Charges |
Rs.100 per Trade |
Rs.30 per Trade |
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