Beeline Vs Karvy NRI Account Comparison

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

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

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

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Beeline Vs Karvy

  Beeline Karvy
 
Beeline Broking Limited Logo Karvy Stock Broking Ltd Logo
About the Broker 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 Karvy has nearly two decades of experience in providing trading and investment services to NRIs. Non-resident Indians can invest in Equity, Equity SIP, Mutual Funds, NPS, NCD, Bonds, Structured Debenture Products and many more. Karvy is among the top... Know more about Karvy Stock Broking Ltd
Account Type NRI Account NRI E-invest
Broker Enquiry Open an Online Trading Account with Beeline. Leave your contact info and we will get in touch with you.
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Beeline Vs Karvy Charges

  Beeline Karvy
NRI Account Opening Fees ₹876 ₹2500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Nil ₹0
NRI Demat Account AMC Zero AMC with one time ₹876 fee ₹420
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Beeline Vs Karvy NRI Account Brokerage Comparison

Brokerage Plan

  Beeline Karvy
Account Type NRI Account NRI E-invest
Equity Delivery 0.40% 0.75%
Equity Futures NA
Equity Options NA

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges Minimum Brokerage: ₹75
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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Beeline Vs Karvy NRI Account Taxes/Fees

  Beeline Karvy
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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Beeline Vs Karvy NRI Account Exposure Margin

  Beeline Karvy
Equity Delivery
Equity Futures
Equity Options
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Beeline and Karvy NRI Account Feature Comparison

  Beeline Karvy
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features ESOP Trading, PAN Card
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Beeline Vs Karvy NRI Account Review

  Beeline Karvy
  2 Customer Reviews    Rate Beeline 24 Customer Reviews    Rate Karvy
Fees 4.5 2.6
Brokerage 4.5 2.4
Trading Platform 3.0 2.7
Customer Service 3.5 2.2
Overall Rating Rated 4.0 stars Rated 2.0 stars
Broker Rating Beeline is Rated 4.0 / 5 based on 2 customer reviews Karvy is Rated 2.0 / 5 based on 24 customer reviews
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Contact Broker / Request A Call Back

  Beeline Karvy
Contact Broker
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Beeline Vs Karvy NRI Investment Options

  Beeline Karvy
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options ETF, Bonds, Government securities or treasury bills
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Beeline Vs Karvy NRI Customer Service

  Beeline Karvy
Customer Care Number 079-66664040 +91 40 3321 7148
Customer Care Email connect@beelinebroking.com nridesk@karvy.com
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Beeline Vs Karvy Order Type Offered for NRI Account

  Beeline Karvy
Bracket Order No Yes
Cover Order No Yes
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
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Beeline Vs Karvy - NRI Account Advantages and Disadvantages

  Beeline Karvy
Pros
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
  • Over 2 decades of experience offering NRI services.
  • Provides ESOP Trading facility.
  • A dedicated and specialized research team.
  • One-stop solution for trading and investing.
  • A team of relationship managers to provide an assisted trading facility.
Cons
  • 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.
  • It doesn't offer a 3-in-1 account. And, NRIs have to open a separate savings bank account and complete the paperwork.
  • Karvy charges turnover based brokerage at 0.75%. The brokerage charges are higher when compared with fixed-fee brokerage charged by discount brokers like Zerodha and Prostocks. The brokerage charged by Prostocks is ₹100 per order.
Conclusion

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.

Karvy is a full-service broker that provides stock, derivatives and mutual fund investment. It has a dedicated research team that provides stock recommendations. The Karvy desktop trading platform facilitates a 3D analysis of the stocks to help the investors in making the right investment decision. Karvy also provides relationship manager (RM) assistance to help the NRIs build a strong investment portfolio as per their risk appetite and financial goals.

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