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The side-by-side comparison of IDBI Capital and Kotak Securities NRI Account. Compare IDBI Capital Vs Kotak Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Kotak Securities and IDBI Capital NRI Account reviews.
Find out IDBI Capital Vs Kotak Securities which is better NRI Trading Account. See IDBI Capital Vs Kotak Securities which is best NRI Demat Account.
Our IDBI Capital Markets and Securities Ltd comparison with Kotak Securities Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and Kotak Securities NRI Account.
IDBI Capital | Kotak Securities | |
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About the Broker | IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha... | Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... |
Account Type | NRI Trading | NRI Account |
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: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
IDBI Capital | Kotak Securities | |
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NRI Account Opening Fees | ₹1500 | ₹3750 |
NRI Account AMC | ₹0 | ₹0 |
NRI Demat Account Opening Fees | NIL | Rs 0 (Free) |
NRI Demat Account AMC | Rs 450 | Rs 600 |
PIS Account AMC | ₹1000 | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
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Account Type | IDBI Capital NRI Trading | Kotak Securities NRI Account |
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Equity Delivery | 0.50% | 1.00% |
Equity Futures | 1.00% | |
Equity Options | 1.00% | |
Open Kotak Securities Account |
Contract Note Reporting Charges | ₹0 | |
Other Brokerage Charges | Processing Charge: ₹75 per transaction | Average Quarterly Balance: ₹10000 |
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% |
IDBI Capital | Kotak Securities | |
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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. |
IDBI Capital Margin | Kotak Securities Margin | |
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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. |
IDBI Capital | Kotak Securities | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
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IDBI Capital Review | Kotak Securities Review | |
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41 Customer Reviews | 198 Customer Reviews | |
Fees | ||
Brokerage | ||
Trading Platform | ||
Customer Service | ||
Overall Rating | ||
Broker Rating | IDBI Capital is Rated 2.6 / 5 based on 41 customer reviews | Kotak Securities is Rated 2.4 / 5 based on 198 customer reviews |
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IDBI Capital Enquire | Kotak Securities Enquire | |
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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. | Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now |
IDBI Capital | Kotak Securities | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options |
IDBI Capital | Kotak Securities | |
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Customer Care Number | 1800-22-3366, 022-3913 5001 | 022 6689 6000, 022 6652 9191 |
Customer Care Email | custcare@idbidirect.in | nricustomerservice@kotak.com |
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IDBI Capital | Kotak Securities | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
IDBI Capital | Kotak Securities | |
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Cons |
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Conclusion
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IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs. |
Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally. |
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Kotak Securities Special OfferKotak Securities Trade Free PlanOpen a 3-in-1 account and get:
Interested in opening a trading account? Open Instant Account Now |
Open Kotak Securities Account |
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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