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IDBI Capital Vs IIFL Securities NRI Account Comparison

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

Find out IDBI Capital Vs IIFL Securities which is better NRI Trading Account. See IDBI Capital Vs IIFL Securities which is best NRI Demat Account.

Our IDBI Capital Markets and Securities Ltd comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and IIFL Securities NRI Account.

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IDBI Capital Vs IIFL Securities

  IDBI Capital IIFL Securities
 
  IDBI Capital Markets and Securities Ltd Logo IIFL Securities Ltd Logo
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... Know more about IDBI Capital Markets and Securities Ltd IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua... Know more about IIFL Securities Ltd
Account Type NRI Trading NRI Account
Enquire IDBI CapitalOpen IIFL Securities Account

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IDBI Capital Vs IIFL Securities Charges

  IDBI Capital IIFL Securities
NRI Account Opening Fees ₹1500 ₹750
NRI Account AMC ₹0 ₹400 + GST
NRI Demat Account Opening Fees NIL Rs 0
NRI Demat Account AMC Rs 450 Rs 250 (Free for 1st year)
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire IDBI CapitalOpen IIFL Securities Account

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IDBI Capital Vs IIFL Securities NRI Account Brokerage Comparison

Account Type IDBI Capital NRI Trading IIFL Securities NRI Account
Equity Delivery 0.50% 0.50%
Equity Futures
Equity Options
Enquire IDBI CapitalOpen IIFL Securities Account

Other Charges

Contract Note Reporting Charges NA
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%
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IDBI Capital Vs IIFL Securities NRI Account Taxes/Fees

  IDBI Capital IIFL 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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IDBI Capital Vs IIFL Securities NRI Account Margin

  IDBI Capital Margin IIFL Securities 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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IDBI Capital and IIFL Securities NRI Account Features

  IDBI Capital IIFL Securities
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Enquire IDBI CapitalOpen IIFL Securities Account

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IDBI Capital Vs IIFL Securities NRI Account Review

  IDBI Capital Review IIFL Securities Review
  40 Customer Reviews    Rate IDBI Capital 119 Customer Reviews    Rate IIFL Securities
Fees 3.2 2.8
Brokerage 2.6 2.6
Trading Platform 2.6 3.2
Customer Service 2.8 2.7
Overall Rating Rated 2.7 stars Rated 2.7 stars
Broker Rating IDBI Capital is Rated 2.7 / 5 based on 40 customer reviews IIFL Securities is Rated 2.7 / 5 based on 119 customer reviews
Enquire IDBI CapitalOpen IIFL Securities Account

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Contact Broker / Request A Call Back

  IDBI Capital Enquire IIFL Securities Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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IDBI Capital Vs IIFL Securities NRI Investment Options

  IDBI Capital IIFL Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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IDBI Capital Vs IIFL Securities NRI Customer Service

  IDBI Capital IIFL Securities
Customer Care Number 1800-22-3366, 022-3913 5001 +91 22 4007 1000
Customer Care Email custcare@idbidirect.in cs@iifl.com
Enquire IDBI CapitalOpen IIFL Securities Account

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IDBI Capital Vs IIFL Securities Order Type Offered for NRI Account

  IDBI Capital IIFL Securities
Bracket Order No No
Cover Order Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) No No

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IDBI Capital Vs IIFL Securities - NRI Account Advantages and Disadvantages

  IDBI Capital IIFL Securities
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.
  • Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
  • Online account opening process for NRIs.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Part of IIFL Group, a financial services conglomerate.
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.
  • Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
  • Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
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.

IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.

Promo / Offers

Free Equity Delivery Trading + Free Account Opening

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Enquire IDBI CapitalOpen IIFL Securities Account
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