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SBI Securities Vs Yes Securities NRI Account Comparison

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

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

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

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SBI Securities Vs Yes Securities

  SBI Securities Yes Securities
 
  SBICAP Securities Ltd Logo Yes Securities Limited Logo
About the Broker 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 Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... Know more about Yes Securities Limited
Account Type NRI Account NRI Investment Account
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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SBI Securities Vs Yes Securities Charges

  SBI Securities Yes Securities
NRI Account Opening Fees ₹2500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 Rs 0
NRI Demat Account AMC Rs 350 Rs 500
PIS Account AMC ₹900 ₹500
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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SBI Securities Vs Yes Securities NRI Account Brokerage Comparison

Account Type SBI Securities NRI Account Yes Securities NRI Investment Account
Equity Delivery 0.75%
Equity Futures ₹100 per contact
Equity Options ₹100 per contact

Other Charges

Contract Note Reporting Charges ₹0 ₹100 per contact note
Other Brokerage Charges
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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SBI Securities Vs Yes Securities NRI Account Taxes/Fees

  SBI Securities Yes 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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SBI Securities Vs Yes Securities NRI Account Margin

  SBI Securities Margin Yes 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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SBI Securities and Yes Securities NRI Account Features

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

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SBI Securities Vs Yes Securities NRI Account Review

  SBI Securities Review Yes Securities Review
  154 Customer Reviews    Rate SBI Securities 2 Customer Reviews    Rate Yes Securities
Fees 3.1 3.0
Brokerage 2.7 1.0
Trading Platform 2.6 3.0
Customer Service 2.8 3.0
Overall Rating Rated 2.5 stars Rated 2.0 stars
Broker Rating SBI Securities is Rated 2.5 / 5 based on 154 customer reviews Yes Securities is Rated 2.0 / 5 based on 2 customer reviews

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Contact Broker / Request A Call Back

  SBI Securities Enquire Yes Securities Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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SBI Securities Vs Yes Securities NRI Investment Options

  SBI Securities Yes Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options Derivatives, FD

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SBI Securities Vs Yes Securities NRI Customer Service

  SBI Securities Yes Securities
Customer Care Number +91 22 6153 6900 +91 22 7112 3123
Customer Care Email nri@sbicapsec.com customer.service@ysil.in

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SBI Securities Vs Yes Securities Order Type Offered for NRI Account

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

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SBI Securities Vs Yes Securities - NRI Account Advantages and Disadvantages

  SBI Securities Yes 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.
  • Offers NRI 3-in-1 account. Open all the three accounts at one shot.
  • Provide free research tips and recommendations to all the customers including NRI.
  • Dedicated relationship manager
  • Earn 6% per annum interest on savings bank account balance.
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.
  • Charges higher brokerage in comparison to the discount brokers.
  • Yes securities don't offer trading terminal and automated trading facility.
  • Doesn't have a 24/7 customer support desk.
  • NRIs cannot place GTC (Good Till Cancelled) order and AMO (After Market 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.

Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

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