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IDBI Capital Vs Just Trade NRI Account Comparison

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

Find out IDBI Capital Vs Just Trade which is better NRI Trading Account. See IDBI Capital Vs Just Trade which is best NRI Demat Account.

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

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IDBI Capital Vs Just Trade

  IDBI Capital Just Trade
 
  IDBI Capital Markets and Securities Ltd Logo Bajaj Capital Limited 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 Bajaj Capital offers stock broking and financial services to NRIs through its subsidiary Just Trade Securities Limited. It offers a 2-in-1 account, combining trading and demat accounts, to enable trading and investments into a wide range of securitie... Know more about Bajaj Capital Limited
Account Type NRI Trading NRI Account
Enquire IDBI CapitalEnquire Just Trade

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IDBI Capital Vs Just Trade Charges

  IDBI Capital Just Trade
NRI Account Opening Fees ₹1500
NRI Account AMC ₹0
NRI Demat Account Opening Fees NIL NIL
NRI Demat Account AMC Rs 450 Rs 250
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire IDBI CapitalEnquire Just Trade

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IDBI Capital Vs Just Trade NRI Account Brokerage Comparison

Account Type IDBI Capital NRI Trading Just Trade NRI Account
Equity Delivery 0.50% 0.75%
Equity Futures ₹100 per lot
Equity Options ₹100 per lot
Enquire IDBI CapitalEnquire Just Trade

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 Just Trade NRI Account Taxes/Fees

  IDBI Capital Just Trade
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 Just Trade NRI Account Margin

  IDBI Capital Margin Just Trade 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 Just Trade NRI Account Features

  IDBI Capital Just Trade
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
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IDBI Capital Vs Just Trade NRI Account Review

  IDBI Capital Review Just Trade Review
  40 Customer Reviews    Rate IDBI Capital 13 Customer Reviews    Rate Just Trade
Fees 3.2 2.7
Brokerage 2.6 3.4
Trading Platform 2.6 3.0
Customer Service 2.8 2.8
Overall Rating Rated 2.7 stars Rated 3.2 stars
Broker Rating IDBI Capital is Rated 2.7 / 5 based on 40 customer reviews Just Trade is Rated 3.2 / 5 based on 13 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Enquire Just Trade Enquire
Contact Broker Leave your contact information and we will get in touch with you....
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IDBI Capital Vs Just Trade NRI Investment Options

  IDBI Capital Just Trade
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Gold, Real Estate, PMS and Bonds

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IDBI Capital Vs Just Trade NRI Customer Service

  IDBI Capital Just Trade
Customer Care Number 1800-22-3366, 022-3913 5001 1800-3000-9000, 1800-110-900
Customer Care Email custcare@idbidirect.in nri@bajajcapital.com
Enquire IDBI CapitalEnquire Just Trade

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IDBI Capital Vs Just Trade Order Type Offered for NRI Account

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

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IDBI Capital Vs Just Trade - NRI Account Advantages and Disadvantages

  IDBI Capital Just Trade
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.
  • Dedicated NRI support desk to resolve the queries.
  • Provides research tips and advisory services to help the NRIs in taking the right investment decision.
  • A dedicated relationship manager is available to suggest, share and plan based on the investment needs of the clients.
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.
  • The company is not keen on investing in new technology. The trading platform and website are not updated for decades. It doesn't offer a mobile trading app and installable trading terminal.
  • Charges higher brokerage in comparison to the discount broker.
  • Online account opening is not available.
  • Minimum ₹10,000 margin money is required.
  • Mutual funds are offered through a different website. It's not part of justtrade.in.
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.

Bajaj Capital is an old stock broker with no interest in keeping up with the latest technology. The trading platform is over 20+ years old. It doesn't offer mobile trading app. The flagship website, justtrade.in has not been updated for many years. The brokerage is very high. Bajaj Capital is not good for any kind of stock market investors.

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