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IDBI Capital Vs Beeline NRI Account Comparison

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

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

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

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IDBI Capital Vs Beeline

  IDBI Capital Beeline
 
  IDBI Capital Markets and Securities Ltd Logo Beeline Broking 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 Beeline Broking is an online discount broker offering NRI trading services. The company offers a 2-in-1 account to NRIs to invest in equities, IPOs, mutual funds and bonds. Beeline offers 3rd-party trading software to NRI and resident investors. It ... Know more about Beeline Broking Limited
Account Type NRI Trading NRI Account
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IDBI Capital Vs Beeline Charges

  IDBI Capital Beeline
NRI Account Opening Fees ₹1500 ₹876
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees NIL Nil
NRI Demat Account AMC Rs 450 Zero AMC with one time Rs 876 fee
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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IDBI Capital Vs Beeline NRI Account Brokerage Comparison

Account Type IDBI Capital NRI Trading Beeline NRI Account
Equity Delivery 0.50% 0.40%
Equity Futures NA
Equity Options NA
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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 Beeline NRI Account Taxes/Fees

  IDBI Capital Beeline
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 Beeline NRI Account Margin

  IDBI Capital Margin Beeline 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 Beeline NRI Account Features

  IDBI Capital Beeline
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 Beeline NRI Account Review

  IDBI Capital Review Beeline Review
  40 Customer Reviews    Rate IDBI Capital 2 Customer Reviews    Rate Beeline
Fees 3.2 4.5
Brokerage 2.6 4.5
Trading Platform 2.6 3.0
Customer Service 2.8 3.5
Overall Rating Rated 2.7 stars Rated 4.0 stars
Broker Rating IDBI Capital is Rated 2.7 / 5 based on 40 customer reviews Beeline is Rated 4.0 / 5 based on 2 customer reviews
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Contact Broker / Request A Call Back

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

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

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IDBI Capital Vs Beeline NRI Customer Service

  IDBI Capital Beeline
Customer Care Number 1800-22-3366, 022-3913 5001 079-66664040
Customer Care Email custcare@idbidirect.in connect@beelinebroking.com
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IDBI Capital Vs Beeline Order Type Offered for NRI Account

  IDBI Capital Beeline
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 Beeline - NRI Account Advantages and Disadvantages

  IDBI Capital Beeline
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.
  • Offer NSE NOW and ODIN trading platform.
  • Beeline charges lower brokerage than full-service brokers.
  • Provides technical and fundamental analysis.
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.
  • Doesn't offer NRI's Equity Derivatives (F&O) trading.
  • Doesn't offer AMO (After Market Order) and GTC (Good Till Cancelled) order.
  • It has only one office which is located at Ahmedabad.
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.

Beeline Broking, an Ahmadabad based online stock broker doesn't provide any details about its NRI services on its website or over the call. The broker doesn't offer the facility to trade and invest in equity derivatives for NRIs. The company doesn't seem interested in NRI clients.

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