HDFC Securities Vs SBI Securities NRI Account Comparison

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

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

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

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HDFC Securities Vs SBI Securities

  HDFC Securities SBI Securities
 
HDFC Securities Ltd Logo SBICAP Securities Ltd 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 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
Broker Enquiry Open an Online Trading Account with HDFC Securities. Leave your contact info and we will get in touch with you. Open an Online Trading Account with SBI Securities. Leave your contact info and we will get in touch with you.
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HDFC Securities Vs SBI Securities Charges

  HDFC Securities SBI Securities
NRI Account Opening Fees ₹2500 ₹2500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees ₹0 ₹0
NRI Demat Account AMC ₹750 ₹350
PIS Account AMC ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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HDFC Securities Vs SBI Securities NRI Account Brokerage Comparison

Brokerage Plan

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

Other Charges

Contract Note Reporting Charges ₹0
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 SBI Securities NRI Account Taxes/Fees

  HDFC Securities 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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HDFC Securities Vs SBI Securities NRI Account Exposure Margin

  HDFC Securities SBI Securities
Equity Delivery
Equity Futures
Equity Options
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HDFC Securities and SBI Securities NRI Account Feature Comparison

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

  HDFC Securities SBI Securities
  188 Customer Reviews    Rate HDFC Securities 133 Customer Reviews    Rate SBI Securities
Fees 2.1 3.2
Brokerage 1.9 2.8
Trading Platform 2.9 2.6
Customer Service 2.5 2.8
Overall Rating Rated 2.2 stars Rated 2.6 stars
Broker Rating HDFC Securities is Rated 2.2 / 5 based on 188 customer reviews SBI Securities is Rated 2.6 / 5 based on 133 customer reviews
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Contact Broker / Request A Call Back

  HDFC Securities SBI Securities
Contact Broker
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HDFC Securities Vs SBI Securities NRI Investment Options

  HDFC Securities SBI Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Bonds, Equity F&O, ETFs Derivatives, FD
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HDFC Securities Vs SBI Securities NRI Customer Service

  HDFC Securities SBI Securities
Customer Care Number +91 2267 6061 61 +91 22 6153 6900
Customer Care Email nri@sbicapsec.com
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HDFC Securities Vs SBI Securities Order Type Offered for NRI Account

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

  HDFC Securities SBI Securities
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.
  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
  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.
  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

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.

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.

Promo / Offers
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HDFC Securities Vs SBI Securities - More Reviews

  HDFC Securities SBI Securities
NRI Trading Review HDFC Securities NRI Account Review SBI Securities NRI Account Review
Enquire HDFC Securities Enquire SBI Securities
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