Chittorgarh.com Logo
Loading...

IDBI Capital Vs Religare NRI Account Comparison

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

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

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

Expand

IDBI Capital Vs Religare

  IDBI Capital Religare
 
  IDBI Capital Markets and Securities Ltd Logo Religare 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 Religare Broking offers trading and investment services to NRIs. It offers NRI Trading and NRI Demat Accounts. This 2-in-1 account provides NRIs with access to BSE & NSE to trade across Equities, Equity Derivatives, IPOs, and Mutual Funds. Religareo... Know more about Religare
Account Type NRI Trading NRI Account
Enquire IDBI CapitalEnquire Religare

Expand

IDBI Capital Vs Religare Charges

  IDBI Capital Religare
NRI Account Opening Fees ₹1500
NRI Account AMC ₹0
NRI Demat Account Opening Fees NIL Nil
NRI Demat Account AMC Rs 450 Rs 400 from second year onward
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Enquire IDBI CapitalEnquire Religare

Expand

IDBI Capital Vs Religare NRI Account Brokerage Comparison

Account Type IDBI Capital NRI Trading Religare NRI Account
Equity Delivery 0.50%
Equity Futures
Equity Options
Enquire IDBI CapitalEnquire Religare

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges Processing Charge: ₹75 per transaction ODIN Diet: ₹999 per year
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%
Expand

IDBI Capital Vs Religare NRI Account Taxes/Fees

  IDBI Capital Religare
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.

Expand

IDBI Capital Vs Religare NRI Account Margin

  IDBI Capital Margin Religare 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.


Expand

IDBI Capital and Religare NRI Account Features

  IDBI Capital Religare
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Enquire IDBI CapitalEnquire Religare

Expand

IDBI Capital Vs Religare NRI Account Review

  IDBI Capital Review Religare Review
  40 Customer Reviews    Rate IDBI Capital 77 Customer Reviews    Rate Religare
Fees 3.2 3.2
Brokerage 2.6 3.1
Trading Platform 2.6 3.0
Customer Service 2.8 2.9
Overall Rating Rated 2.7 stars Rated 2.9 stars
Broker Rating IDBI Capital is Rated 2.7 / 5 based on 40 customer reviews Religare is Rated 2.9 / 5 based on 77 customer reviews
Enquire IDBI CapitalEnquire Religare

Expand

Contact Broker / Request A Call Back

  IDBI Capital Enquire Religare Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Get Free Trading + Demat Account for limited time. Get the offer
*

IDBI Capital Vs Religare NRI Investment Options

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

Expand

IDBI Capital Vs Religare NRI Customer Service

  IDBI Capital Religare
Customer Care Number 1800-22-3366, 022-3913 5001 0120 6130300
Customer Care Email custcare@idbidirect.in wecare@religareonline.com
Enquire IDBI CapitalEnquire Religare

Expand

IDBI Capital Vs Religare Order Type Offered for NRI Account

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

Expand

IDBI Capital Vs Religare - NRI Account Advantages and Disadvantages

  IDBI Capital Religare
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 Invest team and relationship managers to all NRIs.
  • Free research, recommendation and trading tips to NRIs.
  • NRIs can hedge the portfolio risk using futures and options trading facility.
  • Offers Mutual Fund services to NRIs
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.
  • Brokerage charges are higher in comparison to discount brokers like Zerodha, Tradejini , and Prostocks.
  • Religare doesn't offer automated trading to the investors.
  • Doesn't offer 3-in-1 accounts which means more paperwork for NRIs in opening bank accounts & PIS separately. Also, funds need to be transferred to the PIS enabled bank account before trading.
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.

Religare Broking Ltd is a good choice for NRIs who wants trading assistance as well as access to research reports to gain market insights. It has a dedicated research team that publishes incisive research reports to keep you updated on the latest trends in the economy and markets. It also offers good trading platforms with useful features like multiple stock tracking, instant order execution, and real-time streaming of quotes.

Promo / Offers

Free Trading + Demat Account

Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.

This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.

Enquire IDBI CapitalEnquire Religare
Compare IDBI Capital Compare Religare
Compare More Brokers: