The side-by-side comparison of IDBI Capital and Finvasia NRI Account. Compare IDBI Capital Vs Finvasia NRI Account brokerage charges, exposure margin, demat account and AMC. Read Finvasia and IDBI Capital NRI Account reviews.
Find out IDBI Capital Vs Finvasia which is better NRI Trading Account. See IDBI Capital Vs Finvasia which is best NRI Demat Account.
Our IDBI Capital Markets and Securities Ltd comparison with Finvasia Securities Pvt Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and Finvasia NRI Account.
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...
Finvasia offers online trading services to NRIs in equity, mutual funds, IPOs and equity F&O. It offers 2-in-1 account, combining a trading and a demat account, to NRIs to invest in various securities across NSE and BSE.
Finvasia is the only broker ...
Account Type
NRI Trading
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.
IDBI Capital Vs Finvasia Charges
IDBI Capital
Finvasia
NRI Account Opening Fees
₹1500
₹199
NRI Account AMC
₹0
₹0
NRI Demat Account Opening Fees
NIL
Rs 0 (Free)
NRI Demat Account AMC
Rs 450
Rs 0 per year (Lifetime Zero AMC)
PIS Account AMC
NA
RBI approval for PIS (One time)
₹500 + GST
₹500 + GST
IDBI Capital Vs Finvasia NRI Account Brokerage Comparison
Account Type
IDBI Capital NRI Trading
Finvasia NRI Account
Equity Delivery
0.50%
₹0
Equity Futures
₹0
Equity Options
₹0
Other Charges
Contract Note Reporting Charges
NA
Other Brokerage Charges
Processing Charge: ₹75 per transaction
₹0
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 Vs Finvasia NRI Account Taxes/Fees
IDBI Capital
Finvasia
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)
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 Vs Finvasia NRI Account Margin
IDBI Capital Margin
Finvasia 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.
IDBI Capital and Finvasia NRI Account Features
IDBI Capital
Finvasia
3-in-1 Account
Automated Trading
Free Research And Tips
Other Features
IDBI Capital Vs Finvasia NRI Account Review
IDBI Capital Review
Finvasia Review
41 Customer Reviews
50 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Overall Rating
Broker Rating
IDBI Capital is Rated 2.6 / 5 based on 41 customer reviews
Finvasia is Rated 4.5 / 5 based on 50 customer reviews
Contact Broker / Request A Call Back
IDBI Capital Enquire
Finvasia 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.
IDBI Capital Vs Finvasia NRI Investment Options
IDBI Capital
Finvasia
Stocks
Initial Public Offers (IPO)
Mutual Funds
Other Investment Options
IDBI Capital Vs Finvasia NRI Customer Service
IDBI Capital
Finvasia
Customer Care Number
1800-22-3366, 022-3913 5001
+91 172 667 0000
Customer Care Email
custcare@idbidirect.in
contactus@finvasia.com
IDBI Capital Vs Finvasia Order Type Offered for NRI Account
IDBI Capital
Finvasia
Bracket Order
Cover Order
After Market Order(AMO)
Good Till Cancelled (GTC)
IDBI Capital Vs Finvasia - NRI Account Advantages and Disadvantages
IDBI Capital
Finvasia
Pros
Offers 3-in-1 accounts which makes the trading experience fast and smooth.
Provides research and recommendation tips.
Offers instant online account opening facility.
Works as a custodial to settle equity derivatives trades for NRIs.
Offers in-house mutual funds under different segments.
After Market Order (AMO) facility.
Equity SIP is available.
Charges zero brokerage to NRIs on Equity, Derivatives and Mutual Fund.
Finvasia is a trading and clearing member. NRIs can save custodial charges given to 3rd party.
NRIs get access to many advanced trading platforms. Some are free while others have a subscription fee.
Cons
Brokerage charges are comparatively higher than discount brokers.
Online trading is not available to USA and Canada based NRIs.
Offers comparatively lower interest rates on NRI savings bank account.
Finvasia charges technology costs to provide access to some of the trading platforms.
It doesn't offer 3-in-1 account to NRIs. The NRIs have to open the NRI Bank Account with Yes Bank or Axis Bank.
Despite 3+ years in business, many products are yet to be launched i.e. Margin Funding.
Conclusion
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.
Finvasia is an excellent choice for frequent NRI traders as it doesn't change any brokerage fee. The online trading platform it offers is the industry standard. Advance trading tools are also available. It also offers Algo trading platform to NRIs. Finvaisa also provides demat account and clearing services at a very low price. Finvasia has offices in the UK and Canada.
Promo / Offers
Zerodha (India's Best & No. 1 Broker)
Special Offer - Free Equity Delivery and Mutual Funds
