IDBI Capital Vs Kotak Securities NRI Account Comparison

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

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

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

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IDBI Capital Vs Kotak Securities

  IDBI Capital Kotak Securities
 
IDBI Capital Markets and Securities Ltd Logo Kotak 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 Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd
Account Type NRI Trading NRI Account
Broker Enquiry Open an Online Trading Account with IDBI Capital. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
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IDBI Capital Vs Kotak Securities Charges

  IDBI Capital Kotak Securities
NRI Account Opening Fees ₹1500 ₹3750
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees NIL ₹0
NRI Demat Account AMC ₹450 ₹600
PIS Account AMC ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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IDBI Capital Vs Kotak Securities NRI Account Brokerage Comparison

Brokerage Plan

  IDBI Capital Kotak Securities
Account Type NRI Trading NRI Account
Equity Delivery 0.50% 1.00%
Equity Futures 1.00%
Equity Options 1.00%

Other Charges

Contract Note Reporting Charges ₹0
Other Brokerage Charges Processing Charge: ₹75 per transaction Average Quarterly Balance: ₹10000
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 Kotak Securities NRI Account Taxes/Fees

  IDBI Capital Kotak 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 Kotak Securities NRI Account Exposure Margin

  IDBI Capital Kotak Securities
Equity Delivery
Equity Futures
Equity Options
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IDBI Capital and Kotak Securities NRI Account Feature Comparison

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

  IDBI Capital Kotak Securities
  38 Customer Reviews    Rate IDBI Capital 160 Customer Reviews    Rate Kotak Securities
Fees 3.2 2.4
Brokerage 2.6 2.3
Trading Platform 2.6 3.3
Customer Service 2.9 2.9
Overall Rating Rated 2.7 stars Rated 2.5 stars
Broker Rating IDBI Capital is Rated 2.7 / 5 based on 38 customer reviews Kotak Securities is Rated 2.5 / 5 based on 160 customer reviews
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Contact Broker / Request A Call Back

  IDBI Capital Kotak Securities
Contact Broker
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IDBI Capital Vs Kotak Securities NRI Investment Options

  IDBI Capital Kotak Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options
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IDBI Capital Vs Kotak Securities NRI Customer Service

  IDBI Capital Kotak Securities
Customer Care Number 1800-22-3366, 022-3913 5001 022 6689 6000, 022 6652 9191
Customer Care Email custcare@idbidirect.in nricustomerservice@kotak.com
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IDBI Capital Vs Kotak Securities Order Type Offered for NRI Account

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

  IDBI Capital Kotak 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.
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
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.
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Promo / Offers
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IDBI Capital Vs Kotak Securities - More Reviews

  IDBI Capital Kotak Securities
NRI Trading Review IDBI Capital NRI Account Review Kotak Securities NRI Account Review
Enquire IDBI Capital Enquire Kotak Securities
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