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HDFC Securities Vs Geojit NRI Account Comparison

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

Find out HDFC Securities Vs Geojit which is better NRI Trading Account. See HDFC Securities Vs Geojit which is best NRI Demat Account.

Our HDFC Securities Ltd comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between HDFC Securities and Geojit NRI Account.

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HDFC Securities Vs Geojit

  HDFC Securities Geojit
 
  HDFC Securities Ltd Logo Geojit BNP Paribas Logo
About the Broker HDFC, a leading private bank in India, offers online trading and investment services in India Stock Market to NRIs located across the globe. HDFC NRI 3-in-1 Account offers a seamless trading experience to NRIs. It offers an integrated NRI trading acc... Know more about HDFC Securities Ltd Geojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ... Know more about Geojit BNP Paribas
Account Type NRI Account
Special Offer

Zerodha (Trade with the best stock broker)

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.

Zerodha (Trade with the best stock broker)

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.


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HDFC Securities Vs Geojit Charges

  HDFC Securities Geojit
NRI Account Opening Fees ₹2500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 750 Rs 400 per year
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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HDFC Securities Vs Geojit NRI Account Brokerage Comparison

Account Type HDFC Securities NRI Account Geojit
Equity Delivery 0.75%
Equity Futures 0.025% (Both Buy & Sell)
Equity Options ₹100 per lot

Other Charges

Contract Note Reporting Charges
Other Brokerage Charges Minimum Brokerage: ₹25, PIS 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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HDFC Securities Vs Geojit NRI Account Taxes/Fees

  HDFC Securities Geojit
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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HDFC Securities Vs Geojit NRI Account Margin

  HDFC Securities Margin Geojit 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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HDFC Securities and Geojit NRI Account Features

  HDFC Securities Geojit
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features

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HDFC Securities Vs Geojit NRI Account Review

  HDFC Securities Review Geojit Review
  220 Customer Reviews    Rate HDFC Securities 108 Customer Reviews    Rate Geojit
Fees 2.1 3.5
Brokerage 1.8 3.2
Trading Platform 2.9 4.0
Customer Service 2.5 3.7
Overall Rating Rated 2.1 stars Rated 3.6 stars
Broker Rating HDFC Securities is Rated 2.1 / 5 based on 220 customer reviews Geojit is Rated 3.6 / 5 based on 108 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Geojit 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. 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.
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HDFC Securities Vs Geojit NRI Investment Options

  HDFC Securities Geojit
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Bonds, Equity F&O, ETFs

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HDFC Securities Vs Geojit NRI Customer Service

  HDFC Securities Geojit
Customer Care Number +91 2267 6061 61 +91 0484 3911777
Customer Care Email customercare@geojit.com

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HDFC Securities Vs Geojit Order Type Offered for NRI Account

  HDFC Securities Geojit
Bracket Order
Cover Order
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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HDFC Securities Vs Geojit - NRI Account Advantages and Disadvantages

  HDFC Securities Geojit
Pros
  1. Offers 3-in-1 NRI account for trading and investment.
  2. A subsidiary of renowned HDFC Bank.
  3. Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
  4. Offers AMO and GTC order facility.
  5. Research team offers trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. Offers loan facility against securities held in NRI demat account.
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
Cons
  1. Brokerage charges are very high in comparison to discount brokers like Zerodha.
  2. Doesn't offer online trading to USA and Canada based NRIs.
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
Conclusion

HDFC is a good choice for NRIs to trade and invest in stocks, mutual funds and other investment products in India. Barring NRIs from the USA and Canada, it offers a convenient way to invest online. HDFC is a full-service broker offering services like RM, NRI support desk, free research, and tips, etc., to help NRIs take informed trading decisions. It also offers loan against securities held in the demat accounts. The GTC and AMO order helps NRIs in placing orders as per their convenience.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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