The side-by-side comparison of SBI Securities and Indira Securities NRI Account. Compare SBI Securities Vs Indira Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Indira Securities and SBI Securities NRI Account reviews.
Find out SBI Securities Vs Indira Securities which is better NRI Trading Account. See SBI Securities Vs Indira Securities which is best NRI Demat Account.
Our SBI Securities Ltd comparison with Indira Securities Pvt Ltd highlights the major differences between two brokers. Find the best between SBI Securities and Indira Securities NRI Account.
| SBI Securities | Indira Securities | |
|---|---|---|
 |  | |
| About the Broker | 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... | Indira Securities does not offer NRI trading and demat account. |
| Account Type | NRI Account | NA |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Special Offer: FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| SBI Securities | Indira Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹2500 | NA |
| NRI Account AMC | ₹0 | NA |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 500 | Rs 450 (Free for 1st year) |
| PIS Account AMC | ₹900 | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | SBI Securities NRI Account | Indira Securities NA |
|---|---|---|
| Equity Delivery | 0.75% | NA |
| Equity Futures | NA | |
| Equity Options | NA | |
| Contract Note Reporting Charges | ₹0 | NA |
| Other Brokerage Charges | NA | |
| 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% |
| SBI Securities | Indira Securities | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| SBI Securities Margin | Indira 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. | ||
| SBI Securities | Indira Securities | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| SBI Securities Review | Indira Securities Review | |
|---|---|---|
165 Customer Reviews  | 4 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform | | |
| Customer Service |  |  |
| Overall Rating |  | |
| Broker Rating | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews | Indira Securities is Rated 4.0 / 5 based on 4 customer reviews |
| SBI Securities Enquire | SBI Securities Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. |
| SBI Securities | Indira Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Derivatives, FD |
| SBI Securities | Indira Securities | |
|---|---|---|
| Customer Care Number | +91 22 6153 6900 | 9300046581 |
| Customer Care Email | nri@sbicapsec.com | NRIDesk@indiratrade.com |
| SBI Securities | Indira Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| SBI Securities | Indira Securities | |
|---|---|---|
| Pros |
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| Cons |
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Conclusion | 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. | |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Indira SecuritiesSpecial OfferFree Equity Delivery TradingGet FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM. |
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