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Beeline Vs SBI Securities NRI Account Comparison

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

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

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

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Beeline Vs SBI Securities

  Beeline SBI Securities
 
  Beeline Broking Limited Logo SBICAP Securities 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 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 NRI Account
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Beeline Vs SBI Securities Charges

  Beeline SBI Securities
NRI Account Opening Fees ₹876 ₹2500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Nil Rs 0
NRI Demat Account AMC Zero AMC with one time Rs 876 fee Rs 350
PIS Account AMC NA ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire BeelineEnquire SBI Securities

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Beeline Vs SBI Securities NRI Account Brokerage Comparison

Account Type Beeline NRI Account SBI Securities NRI Account
Equity Delivery 0.40% 0.75%
Equity Futures NA
Equity Options NA
Enquire BeelineEnquire SBI Securities

Other Charges

Contract Note Reporting Charges NA ₹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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Beeline Vs SBI Securities NRI Account Taxes/Fees

  Beeline 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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Beeline Vs SBI Securities NRI Account Margin

  Beeline 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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Beeline and SBI Securities NRI Account Features

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

  Beeline Review SBI Securities Review
  2 Customer Reviews    Rate Beeline 147 Customer Reviews    Rate SBI Securities
Fees 4.5 3.2
Brokerage 4.5 2.7
Trading Platform 3.0 2.6
Customer Service 3.5 2.8
Overall Rating Rated 4.0 stars Rated 2.6 stars
Broker Rating Beeline is Rated 4.0 / 5 based on 2 customer reviews SBI Securities is Rated 2.6 / 5 based on 147 customer reviews
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Contact Broker / Request A Call Back

  Beeline Enquire SBI Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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Beeline Vs SBI Securities NRI Investment Options

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

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Beeline Vs SBI Securities NRI Customer Service

  Beeline SBI Securities
Customer Care Number 079-66664040 +91 22 6153 6900
Customer Care Email connect@beelinebroking.com nri@sbicapsec.com
Enquire BeelineEnquire SBI Securities

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Beeline Vs SBI Securities Order Type Offered for NRI Account

  Beeline SBI Securities
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 SBI Securities - NRI Account Advantages and Disadvantages

  Beeline SBI Securities
Pros
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
  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 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.
  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

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.

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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