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Indira Securities Vs SBI Securities NRI Account Comparison

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

Find out Indira Securities Vs SBI Securities which is better NRI Trading Account. See Indira Securities Vs SBI Securities which is best NRI Demat Account.

Our Indira Securities Pvt Ltd comparison with SBICAP Securities Ltd highlights the major differences between two brokers. Find the best between Indira Securities and SBI Securities NRI Account.

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Indira Securities Vs SBI Securities

  Indira Securities SBI Securities
 
  Indira Securities Pvt Ltd Logo SBICAP Securities Ltd Logo
About the Broker Indira Securities does not offer NRI trading and demat account. State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... Know more about SBICAP Securities Ltd
Account Type NA NRI Account
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Indira Securities Vs SBI Securities Charges

  Indira Securities SBI Securities
NRI Account Opening Fees NA ₹2500
NRI Account AMC NA ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 450 (Free for 1st year) Rs 350
PIS Account AMC NA ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Indira Securities Vs SBI Securities NRI Account Brokerage Comparison

Account Type Indira Securities NA SBI Securities NRI Account
Equity Delivery NA 0.75%
Equity Futures NA
Equity Options NA
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Other Charges

Contract Note Reporting Charges NA ₹0
Other Brokerage Charges NA
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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Indira Securities Vs SBI Securities NRI Account Taxes/Fees

  Indira Securities SBI 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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Indira Securities Vs SBI Securities NRI Account Margin

  Indira Securities Margin SBI Securities 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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Indira Securities and SBI Securities NRI Account Features

  Indira Securities SBI Securities
3-in-1 Account No Yes
Automated Trading No No
Free Research And Tips No Yes
Other Features
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Indira Securities Vs SBI Securities NRI Account Review

  Indira Securities Review SBI Securities Review
  3 Customer Reviews    Rate Indira Securities 147 Customer Reviews    Rate SBI Securities
Fees 2.3 3.2
Brokerage 4.3 2.7
Trading Platform 4.0 2.6
Customer Service 4.0 2.8
Overall Rating Rated 4.0 stars Rated 2.6 stars
Broker Rating Indira Securities is Rated 4.0 / 5 based on 3 customer reviews SBI Securities is Rated 2.6 / 5 based on 147 customer reviews
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Contact Broker / Request A Call Back

  Indira Securities Enquire SBI Securities Enquire
Contact Broker FREE Account Opening (Rs 650 waived) + Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades.
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Indira Securities Vs SBI Securities NRI Investment Options

  Indira Securities SBI Securities
Stocks No Yes
Initial Public Offers (IPO) No Yes
Mutual Funds No Yes
Other Investment Options Derivatives, FD

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Indira Securities Vs SBI Securities NRI Customer Service

  Indira Securities SBI Securities
Customer Care Number 9300046581 +91 22 6153 6900
Customer Care Email NRIDesk@indiratrade.com nri@sbicapsec.com
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Indira Securities Vs SBI Securities Order Type Offered for NRI Account

  Indira Securities SBI Securities
Bracket Order Yes Yes
Cover Order No Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No

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Indira Securities Vs SBI Securities - NRI Account Advantages and Disadvantages

  Indira Securities SBI Securities
Pros
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. Mutual fund services are available to NRIs who don't have a trading account.
Cons
  1. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. Doesn't offer Good-till canceled (GTC) order.
Conclusion

SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs.

Promo / Offers

Free Equity Delivery Trading

Get FREE equity delivery trading and pay flat Rs 20 brokerage for Intraday and F&O trades. Also get FREE online account opening, research and personalised services through dedicated RM.

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