IDBI Capital Vs Zerodha NRI Account Comparison

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

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

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

Expand

IDBI Capital Vs Zerodha

  IDBI Capital Zerodha
 
IDBI Capital Markets and Securities Ltd Logo Zerodha 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 Zerodha is a leading stock broker in India. The Bengaluru based stock broker offers online discount broking services to both resident and non-resident Indians (NRIs). Zerodha offers 2-in-1 accounts to NRIs which includes a trading and a demat account... Know more about Zerodha
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 Zerodha. Leave your contact info and we will get in touch with you.
Expand

IDBI Capital Vs Zerodha Charges

  IDBI Capital Zerodha
NRI Account Opening Fees ₹1500 ₹500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees NIL ₹0
NRI Demat Account AMC ₹450 ₹300
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

IDBI Capital Vs Zerodha NRI Account Brokerage Comparison

Brokerage Plan

  IDBI Capital Zerodha
Account Type NRI Trading NRI Account
Equity Delivery 0.50% ₹200 per executed order
Equity Futures ₹100 per executed order
Equity Options ₹100 per executed order

Other Charges

Contract Note Reporting Charges
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%
Expand

IDBI Capital Vs Zerodha NRI Account Taxes/Fees

  IDBI Capital Zerodha
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 ₹15 per Crore ₹15 per 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 Zerodha NRI Account Exposure Margin

  IDBI Capital Zerodha
Equity Delivery 1x (100%)
Equity Futures 1x (100%)
Equity Options 1x (100%)
Expand

IDBI Capital and Zerodha NRI Account Feature Comparison

  IDBI Capital Zerodha
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes No
Other Features
Expand

IDBI Capital Vs Zerodha NRI Account Review

  IDBI Capital Zerodha
  37 Customer Reviews    Rate IDBI Capital 369 Customer Reviews    Rate Zerodha
Fees 3.2 3.8
Brokerage 2.6 4.3
Trading Platform 2.6 3.6
Customer Service 2.9 3.5
Overall Rating Rated 2.8 stars Rated 3.7 stars
Broker Rating IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Zerodha is Rated 3.7 / 5 based on 369 customer reviews
*

Contact Broker / Request A Call Back

  IDBI Capital Zerodha
Contact Broker
*

IDBI Capital Vs Zerodha NRI Investment Options

  IDBI Capital Zerodha
Stocks Yes Yes
Initial Public Offers (IPO) Yes No
Mutual Funds Yes No
Other Investment Options
Expand

IDBI Capital Vs Zerodha NRI Customer Service

  IDBI Capital Zerodha
Customer Care Number 1800-22-3366, 022-3913 5001
Customer Care Email custcare@idbidirect.in nridesk@zerodha.com
Expand

IDBI Capital Vs Zerodha Order Type Offered for NRI Account

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

IDBI Capital Vs Zerodha - NRI Account Advantages and Disadvantages

  IDBI Capital Zerodha
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. Discount stock broker offer trading at a low brokerage charges. Zerodha charges ₹200 per order whereas full-service stock brokers charge on an average 0.75% of the order value. So, if you trade for ₹1 lakh, you pay ₹750 with a full-service stock broker whereas Zerodha will charge you ₹200.
  2. India's largest stock broker in terms of active customers.
  3. Offers access to best-in-industry trading software and tools.
  4. Supports HDFC Bank, Axis Bank, and Yes Bank NRI Bank Account.
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. Doesn't offer 3-in-1 accounts. Only offer trading and demat accounts. So, you have to first transfer funds from your PIS account to Zerodha trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  3. Doesn't provide research reports or analysis.
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.

Zerodha comes across as a decent choice for NRIs looking to invest in stock markets in India and want to save on brokerage. The company offers best-in-the-industry trading platforms and tools. However, NRIs have to open bank accounts with HDFC Bank, Axis Bank, and Yes Bank to open a Zerodha NRI account. It also doesn't offer mutual fund investment services to NRIs. It charges a low flat-fee brokerage which makes it an attractive choice for NRIs.

Promo / Offers
Expand

IDBI Capital Vs Zerodha - More Reviews

  IDBI Capital Zerodha
NRI Trading Review IDBI Capital NRI Account Review Zerodha NRI Account Review
Enquire IDBI Capital Enquire Zerodha
Compare
IDBI Capital Vs ICICI Direct
IDBI Capital Vs HDFC Securities
IDBI Capital Vs Sharekhan
IDBI Capital Vs AxisDirect
IDBI Capital Vs Angel Broking
IDBI Capital Vs Kotak Securities
IDBI Capital Vs Motilal Oswal
IDBI Capital Vs Karvy
IDBI Capital Vs IIFL
IDBI Capital Vs SBI Securities
IDBI Capital Vs Geojit
IDBI Capital Vs Religare
IDBI Capital Vs SMC Global
IDBI Capital Vs 5paisa
IDBI Capital Vs Ventura
IDBI Capital Vs Anand Rathi
IDBI Capital Vs Indiabulls
IDBI Capital Vs Aditya Birla Money
IDBI Capital Vs TradingBells
IDBI Capital Vs Tradeplus
IDBI Capital Vs Tradejini
IDBI Capital Vs Alice Blue
IDBI Capital Vs Wisdom Capital
IDBI Capital Vs Finvasia
IDBI Capital Vs Prostocks
IDBI Capital Vs Beeline
IDBI Capital Vs Just Trade
IDBI Capital Vs Compositedge
IDBI Capital Vs Achiievers
IDBI Capital Vs Trustline
IDBI Capital Vs Yes Securities
Zerodha Vs ICICI Direct
Zerodha Vs HDFC Securities
Zerodha Vs Sharekhan
Zerodha Vs AxisDirect
Zerodha Vs Angel Broking
Zerodha Vs Kotak Securities
Zerodha Vs Motilal Oswal
Zerodha Vs Karvy
Zerodha Vs IIFL
Zerodha Vs SBI Securities
Zerodha Vs Geojit
Zerodha Vs Religare
Zerodha Vs SMC Global
Zerodha Vs 5paisa
Zerodha Vs Ventura
Zerodha Vs Anand Rathi
Zerodha Vs Indiabulls
Zerodha Vs Aditya Birla Money
Zerodha Vs TradingBells
Zerodha Vs Tradeplus
Zerodha Vs Tradejini
Zerodha Vs Alice Blue
Zerodha Vs Wisdom Capital
Zerodha Vs Finvasia
Zerodha Vs Prostocks
Zerodha Vs Beeline
Zerodha Vs Just Trade
Zerodha Vs Compositedge
Zerodha Vs Achiievers
Zerodha Vs Trustline
Zerodha Vs Yes Securities






Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App