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Aditya Birla Money Vs SBI Securities NRI Account Comparison

The side-by-side comparison of Aditya Birla Money and SBI Securities NRI Account. Compare Aditya Birla Money Vs SBI Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read SBI Securities and Aditya Birla Money NRI Account reviews.

Find out Aditya Birla Money Vs SBI Securities which is better NRI Trading Account. See Aditya Birla Money Vs SBI Securities which is best NRI Demat Account.

Our Aditya Birla Money Ltd comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and SBI Securities NRI Account.

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Aditya Birla Money Vs SBI Securities

  Aditya Birla Money SBI Securities
 
  Aditya Birla Money Ltd Logo SBICAP Securities Ltd Logo
About the Broker Aditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv... Know more about Aditya Birla Money Ltd State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... Know more about SBICAP Securities Ltd
Account Type NRI Account
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Aditya Birla Money Vs SBI Securities Charges

  Aditya Birla Money SBI Securities
NRI Account Opening Fees ₹750 ₹2500
NRI Account AMC ₹450 ₹0
NRI Demat Account Opening Fees Nil Rs 0
NRI Demat Account AMC Rs 436 Rs 350
PIS Account AMC ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire Aditya Birla MoneyEnquire SBI Securities

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Aditya Birla Money Vs SBI Securities NRI Account Brokerage Comparison

Account Type Aditya Birla Money SBI Securities NRI Account
Equity Delivery 0.75%
Equity Futures
Equity Options
Enquire Aditya Birla MoneyEnquire SBI Securities

Other Charges

Contract Note Reporting Charges ₹25 for BSE | ₹50 for NSE ₹0
Other Brokerage Charges
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Aditya Birla Money Vs SBI Securities NRI Account Taxes/Fees

  Aditya Birla Money SBI Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Aditya Birla Money Vs SBI Securities NRI Account Margin

  Aditya Birla Money Margin SBI Securities Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Aditya Birla Money and SBI Securities NRI Account Features

  Aditya Birla Money SBI Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Aditya Birla Money Vs SBI Securities NRI Account Review

  Aditya Birla Money Review SBI Securities Review
  23 Customer Reviews    Rate Aditya Birla Money 147 Customer Reviews    Rate SBI Securities
Fees 3.1 3.2
Brokerage 3.0 2.7
Trading Platform 3.0 2.6
Customer Service 2.8 2.8
Overall Rating Rated 2.8 stars Rated 2.6 stars
Broker Rating Aditya Birla Money is Rated 2.8 / 5 based on 23 customer reviews SBI Securities is Rated 2.6 / 5 based on 147 customer reviews
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Contact Broker / Request A Call Back

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Aditya Birla Money Vs SBI Securities NRI Investment Options

  Aditya Birla Money SBI Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Derivatives, FD

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Aditya Birla Money Vs SBI Securities NRI Customer Service

  Aditya Birla Money SBI Securities
Customer Care Number 18002707000 +91 22 6153 6900
Customer Care Email nri@sbicapsec.com
Enquire Aditya Birla MoneyEnquire SBI Securities

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Aditya Birla Money Vs SBI Securities Order Type Offered for NRI Account

  Aditya Birla Money SBI Securities
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No

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Aditya Birla Money Vs SBI Securities - NRI Account Advantages and Disadvantages

  Aditya Birla Money SBI Securities
Pros
  • Part of Aditya Birla group, a financial services conglomerate
  • Provides a wide range of financial services under one roof
  • Offers research advice and stock recommendations
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. Mutual fund services are available to NRIs who don't have a trading account.
Cons
  • Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
  • Doesn't offer an IPO investment option.
  • Robo advisory facility is not available.
  1. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. Doesn't offer Good-till canceled (GTC) order.
Conclusion

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.

SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.

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