Religare Vs Zerodha NRI Account Comparison

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

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

Our Religare comparison with Zerodha highlights the major differences between two brokers. Find the best between Religare and Zerodha NRI Account.

Expand

Religare Vs Zerodha

  Religare Zerodha
 
Religare Logo Zerodha Logo
About the Broker 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 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 Account NRI Account
Broker Enquiry Open an Online Trading Account with Religare. 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

Religare Vs Zerodha Charges

  Religare Zerodha
NRI Account Opening Fees ₹500
NRI Account AMC ₹0
NRI Demat Account Opening Fees Nil ₹0
NRI Demat Account AMC ₹400 from second year onward ₹300
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Expand

Religare Vs Zerodha NRI Account Brokerage Comparison

Brokerage Plan

  Religare Zerodha
Account Type NRI Account NRI Account
Equity Delivery ₹200 per executed order
Equity Futures ₹100 per executed order
Equity Options ₹100 per executed order

Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges 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

Religare Vs Zerodha NRI Account Taxes/Fees

  Religare 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

Religare Vs Zerodha NRI Account Exposure Margin

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

Religare and Zerodha NRI Account Feature Comparison

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

Religare Vs Zerodha NRI Account Review

  Religare Zerodha
  73 Customer Reviews    Rate Religare 369 Customer Reviews    Rate Zerodha
Fees 3.2 3.8
Brokerage 3.1 4.3
Trading Platform 3.0 3.6
Customer Service 2.9 3.5
Overall Rating Rated 2.9 stars Rated 3.7 stars
Broker Rating Religare is Rated 2.9 / 5 based on 73 customer reviews Zerodha is Rated 3.7 / 5 based on 369 customer reviews
*

Contact Broker / Request A Call Back

  Religare Zerodha
Contact Broker
*

Religare Vs Zerodha NRI Investment Options

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

Religare Vs Zerodha NRI Customer Service

  Religare Zerodha
Customer Care Number 0120 6130300
Customer Care Email wecare@religareonline.com nridesk@zerodha.com
Expand

Religare Vs Zerodha Order Type Offered for NRI Account

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

Religare Vs Zerodha - NRI Account Advantages and Disadvantages

  Religare Zerodha
Pros
  • 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
  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 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.
  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

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.

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

Religare Vs Zerodha - More Reviews

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