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Sharekhan Vs Beeline NRI Account Comparison

The side-by-side comparison of Sharekhan and Beeline NRI Account. Compare Sharekhan Vs Beeline NRI Account brokerage charges, exposure margin, demat account and AMC. Read Beeline and Sharekhan NRI Account reviews.

Find out Sharekhan Vs Beeline which is better NRI Trading Account. See Sharekhan Vs Beeline which is best NRI Demat Account.

Our Sharekhan comparison with Beeline Broking Limited highlights the major differences between two brokers. Find the best between Sharekhan and Beeline NRI Account.

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Sharekhan Vs Beeline

  Sharekhan Beeline
 
  Sharekhan Logo Beeline Broking Limited Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan Beeline Broking is an online discount broker offering NRI trading services. The company offers a 2-in-1 account to NRIs to invest in equities, IPOs, mutual funds and bonds. Beeline offers 3rd-party trading software to NRI and resident investors. It ... Know more about Beeline Broking Limited
Account Type Sharekhan NRI Account NRI Account
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Sharekhan Vs Beeline Charges

  Sharekhan Beeline
NRI Account Opening Fees ₹2000 ₹876
NRI Account AMC ₹3000 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Nil
NRI Demat Account AMC Rs 400 (Free for 1st year) Zero AMC with one time Rs 876 fee
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Sharekhan Vs Beeline NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account Beeline NRI Account
Equity Delivery 0.50% 0.40%
Equity Futures 0.1% on first leg and 0.02% on second leg NA
Equity Options ₹250 per contract note NA
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1000
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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Sharekhan Vs Beeline NRI Account Taxes/Fees

  Sharekhan Beeline
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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Sharekhan Vs Beeline NRI Account Margin

  Sharekhan Margin Beeline 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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Sharekhan and Beeline NRI Account Features

  Sharekhan Beeline
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
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Sharekhan Vs Beeline NRI Account Review

  Sharekhan Review Beeline Review
  305 Customer Reviews    Rate Sharekhan 2 Customer Reviews    Rate Beeline
Fees 3.0 4.5
Brokerage 2.8 4.5
Trading Platform 3.7 3.0
Customer Service 3.3 3.5
Overall Rating Rated 3.3 stars Rated 4.0 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 305 customer reviews Beeline is Rated 4.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire Beeline Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
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Sharekhan Vs Beeline NRI Investment Options

  Sharekhan Beeline
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

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Sharekhan Vs Beeline NRI Customer Service

  Sharekhan Beeline
Customer Care Number +91 022 6518500 079-66664040
Customer Care Email nridesk@sharekhan.com connect@beelinebroking.com
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Sharekhan Vs Beeline Order Type Offered for NRI Account

  Sharekhan Beeline
Bracket Order Yes No
Cover Order Yes No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) Yes No

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Sharekhan Vs Beeline - NRI Account Advantages and Disadvantages

  Sharekhan Beeline
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
Cons
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • Doesn't offer NRI's Equity Derivatives (F&O) trading.
  • Doesn't offer AMO (After Market Order) and GTC (Good Till Cancelled) order.
  • It has only one office which is located at Ahmedabad.
Conclusion

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

Beeline Broking, an Ahmadabad based online stock broker doesn't provide any details about its NRI services on its website or over the call. The broker doesn't offer the facility to trade and invest in equity derivatives for NRIs. The company doesn't seem interested in NRI clients.

Promo / Offers

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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