FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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The side-by-side comparison of IDBI Capital and SBI Securities NRI Account. Compare IDBI Capital Vs SBI Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read SBI Securities and IDBI Capital NRI Account reviews.
Find out IDBI Capital Vs SBI Securities which is better NRI Trading Account. See IDBI Capital Vs SBI Securities which is best NRI Demat Account.
Our IDBI Capital Markets and Securities Ltd comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and SBI Securities NRI Account.
IDBI Capital | SBI 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... | 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... |
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. |
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. |
IDBI Capital | SBI Securities | |
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NRI Account Opening Fees | ₹1500 | ₹2500 |
NRI Account AMC | ₹0 | ₹0 |
NRI Demat Account Opening Fees | NIL | |
NRI Demat Account AMC | Rs 450 | Rs 750 (Free for 1st Year) |
PIS Account AMC | ₹900 | |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Account Type | IDBI Capital NRI Trading | SBI Securities NRI Account |
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Equity Delivery | 0.50% | 0.75% |
Equity Futures | ||
Equity Options | ||
Contract Note Reporting Charges | ₹0 | |
Other Brokerage Charges | Processing Charge: ₹75 per transaction | |
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 | SBI 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 | SBI 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 | SBI Securities | |
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3-in-1 Account | ||
Automated Trading | ||
Free Research And Tips | ||
Other Features | ||
IDBI Capital Enquire | SBI 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. | 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. |
IDBI Capital | SBI Securities | |
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Stocks | ||
Initial Public Offers (IPO) | ||
Mutual Funds | ||
Other Investment Options | Derivatives, FD |
IDBI Capital | SBI Securities | |
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Customer Care Number | 1800-22-3366, 022-3913 5001 | +91 22 6153 6900 |
Customer Care Email | custcare@idbidirect.in | nri@sbicapsec.com |
IDBI Capital | SBI Securities | |
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Bracket Order | ||
Cover Order | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
IDBI Capital | SBI 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. |
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 | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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