Reviewed by Neil, Founder, PaisaTrade.in · Updated 2026-09-29

GJ
SEBI RegisteredNSE Rank #18Full-Service Broker

Geojit Review 2026

Smart Investments. Smarter Life. — Complete brokerage analysis, charges breakdown, platform review, and honest verdict for Indian investors.

3.8/5
|PaisaTrade Expert Rating

37-year legacy + BNP Paribas backed + South India strength

Brokerage

0.03%

AMC

₹400/year

Active Clients

2 Lakh

Founded

1987

About Geojit

Geojit is one of India's most recognized stock brokers, registered with SEBI (Registration No: INZ000104737). Founded in 1987 and headquartered in Kochi, Kerala, Geojit has built a strong reputation in the Indian capital markets. With over 2 Lakh active NSE clients, a growing broker with a loyal client base in terms of registered clients.

As a full-service broker, Geojit offers trading across Equity, F&O, Currency, Commodity, Mutual Funds segments. The broker operates a full-featured desktop-first trading infrastructure, catering primarily to south india investors, conservative long-term investors.

The brokerage model at Geojit is research-driven. The broker charges percentage-based fees in exchange for dedicated advisory, research reports, and relationship manager services.

Account Opening Process

Opening an account with Geojit is a fully online, paperless process. You need your PAN card, Aadhaar, bank account details, and a signature image. The KYC verification is Aadhaar-based (eKYC) and typically completes within 24–48 hours. Account opening fee is ₹0.

Brokerage Calculation Example

Let's say you buy 100 shares of Reliance at ₹2,800 (total value = ₹2,80,000):

Brokerage (delivery):0.30% (min ₹30)
STT (Sell side, 0.1%):₹280
Exchange charges:~₹3–5
DP Charges (sell):₹13.5 + GST per scrip on sell
Total Cost (buy+sell round trip):~₹300–350 (vs ₹1400+ with %age broker)

Margin & Leverage

For intraday equity trades, Geojit provides Up to 4x leverage. For F&O, margin requirements follow SEBI's SPAN + Exposure framework set by the exchanges. Note: As per SEBI regulations, naked short selling in options requires full premium upfront, and margin pledge requirements were updated in 2021.

Geojit offers margin funding through its NBFC arm, with competitive interest rates for maintaining leveraged positions.

Tax & Compliance Features

Geojit provides detailed P&L statements, tax P&L reports (for ITR filing), and SEBI-compliant contract notes for every executed trade. These are accessible from the web platform and downloadable as PDFs. For mutual fund investments, Geojit provides capital gains statements aligned with LTCG/STCG tax brackets.

SEBI Registration & Safety

Geojit is registered with SEBI under registration number INZ000104737. Client funds are held separately from the broker's own funds as per SEBI's client asset segregation norms. Geojit is also a registered member of NSE, BSE, MCX, and NCDEX (where applicable). Your demat account is held with NSDL or CDSL — separate from the broker — ensuring your securities are safe even if the broker faces financial difficulties.

Active Client Base

2 Lakh

Active NSE Clients (2026)

#18

NSE Rank by Active Clients

Geojit ranks #18 among all NSE-registered stockbrokers by active client count. NSE publishes this data monthly — Geojit's consistent presence in the top 20 reflects strong client retention and new account growth. The broker primarily serves south india investors, conservative long-term investors.

PaisaTrade + Geojit — Perfect Combo

Geojit mein invest karo,
PaisaTrade se seekho.

Geojit aapko trading platform deta hai — PaisaTrade aapko woh knowledge deta hai jo chahiye sahi decisions lene ke liye. Hamare structured courses, paper trading simulator, aur Sensa AI se apni trading skills develop karo — risk-free.