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Anand Rathi Vs Sharekhan NRI Account Comparison

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

Find out Anand Rathi Vs Sharekhan which is better NRI Trading Account. See Anand Rathi Vs Sharekhan which is best NRI Demat Account.

Our Anand Rathi comparison with Sharekhan highlights the major differences between two brokers. Find the best between Anand Rathi and Sharekhan NRI Account.

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Anand Rathi Vs Sharekhan

  Anand Rathi Sharekhan
 
  Anand Rathi Logo Sharekhan Logo
About the Broker Anand Rathi provides a wide range of trading and investment services to the resident as well as NRI investors. It offers a 2-in-1 account, combining trading and demat accounts, for NRIs to trade in equity, equity derivatives, mutual funds, and IPOs... Know more about Anand Rathi Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan
Account Type NRI Account Sharekhan NRI Account
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Anand Rathi Vs Sharekhan Charges

  Anand Rathi Sharekhan
NRI Account Opening Fees ₹2000
NRI Account AMC ₹3000
NRI Demat Account Opening Fees Rs 0 Rs 0 (Free)
NRI Demat Account AMC Rs 450 from second year onward Rs 400 (Free for 1st year)
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Anand Rathi Vs Sharekhan NRI Account Brokerage Comparison

Account Type Anand Rathi NRI Account Sharekhan Sharekhan NRI Account
Equity Delivery 0.50%
Equity Futures 0.1% on first leg and 0.02% on second leg
Equity Options ₹250 per contract note
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Other Charges

Contract Note Reporting Charges NA
Other Brokerage Charges PIS Acct AMC: ₹1000
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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Anand Rathi Vs Sharekhan NRI Account Taxes/Fees

  Anand Rathi Sharekhan
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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Anand Rathi Vs Sharekhan NRI Account Margin

  Anand Rathi Margin Sharekhan 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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Anand Rathi and Sharekhan NRI Account Features

  Anand Rathi Sharekhan
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support
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Anand Rathi Vs Sharekhan NRI Account Review

  Anand Rathi Review Sharekhan Review
  14 Customer Reviews    Rate Anand Rathi 304 Customer Reviews    Rate Sharekhan
Fees 3.2 3.0
Brokerage 3.2 2.8
Trading Platform 3.0 3.7
Customer Service 3.4 3.3
Overall Rating Rated 3.1 stars Rated 3.3 stars
Broker Rating Anand Rathi is Rated 3.1 / 5 based on 14 customer reviews Sharekhan is Rated 3.3 / 5 based on 304 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire Sharekhan Enquire
Contact Broker Leave your contact information and we will get in touch with you....
Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
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Anand Rathi Vs Sharekhan NRI Investment Options

  Anand Rathi Sharekhan
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

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Anand Rathi Vs Sharekhan NRI Customer Service

  Anand Rathi Sharekhan
Customer Care Number 0291 666 1001 +91 022 6518500
Customer Care Email nridesk@rathi.com nridesk@sharekhan.com
Enquire Anand RathiEnquire Sharekhan

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Anand Rathi Vs Sharekhan Order Type Offered for NRI Account

  Anand Rathi Sharekhan
Bracket Order Yes
Cover Order Yes
After Market Order(AMO) Yes
Good Till Cancelled (GTC) Yes

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Anand Rathi Vs Sharekhan - NRI Account Advantages and Disadvantages

  Anand Rathi Sharekhan
Pros
  • Wide range of online trading platforms
  • Offers research and recommendation tips.
  • Offers Relationship Manager assistance
  • Offers free call & trade facility for NRIs.
  • Can open PIS account with multiple banks.
  • Online Mutual Fund investment is available.
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
Cons
  • Charges brokerage in percentage which is higher than most of the discount brokers.
  • It only offers a 2-in-1 account which means NRIs have to open NRI SB and PIS accounts with other banks.
  • NRIs have to depend on ICCL (3-rd party custodial) for trade settlement. This increases the cost of trading.
  1. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
Conclusion

Anand Rathi is a recommended choice for NRI investors who are ready to pay high brokerage for value-added services like good online trading software, online mutual fund services and research advisory etc. It is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with 3rd party before opening the NRI trading and demat account with the broker.

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

Promo / Offers

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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