Sharekhan Vs Kotak Securities NRI Account Comparison

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

Find out Sharekhan Vs Kotak Securities which is better NRI Trading Account. See Sharekhan Vs Kotak Securities which is best NRI Demat Account.

Our Sharekhan comparison with Kotak Securities Ltd highlights the major differences between two brokers. Find the best between Sharekhan and Kotak Securities NRI Account.

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Sharekhan Vs Kotak Securities

  Sharekhan Kotak Securities
 
Sharekhan Logo Kotak Securities Ltd Logo
About the Broker 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 Kotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 accoun... Know more about Kotak Securities Ltd
Account Type Sharekhan NRI Account NRI Account
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Kotak Securities. Leave your contact info and we will get in touch with you.
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Sharekhan Vs Kotak Securities Charges

  Sharekhan Kotak Securities
NRI Account Opening Fees ₹2000 ₹3750
NRI Account AMC ₹3000 ₹0
NRI Demat Account Opening Fees ₹0 (Free) ₹0
NRI Demat Account AMC ₹400 (Free for 1st year) ₹600
PIS Account AMC ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Sharekhan Vs Kotak Securities NRI Account Brokerage Comparison

Brokerage Plan

  Sharekhan Kotak Securities
Account Type Sharekhan NRI Account NRI Account
Equity Delivery 0.50% 1% on the turnover
Equity Futures 0.1% on first leg and 0.02% on second leg 1% on the turnover
Equity Options ₹250 per contract note 1% on the turnover

Other Charges

Contract Note Reporting Charges ₹0
Other Brokerage Charges PIS Acct AMC: ₹1000 Average Quarterly Balance: ₹10000
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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Sharekhan Vs Kotak Securities NRI Account Taxes/Fees

  Sharekhan Kotak 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 ₹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.
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Sharekhan Vs Kotak Securities NRI Account Exposure Margin

  Sharekhan Kotak Securities
Equity Delivery 1x (100%)
Equity Futures 1x (100%)
Equity Options 1x (100%)
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Sharekhan and Kotak Securities NRI Account Feature Comparison

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

  Sharekhan Kotak Securities
  285 Customer Reviews    Rate Sharekhan 143 Customer Reviews    Rate Kotak Securities
Fees 3.1 2.5
Brokerage 2.9 2.4
Trading Platform 3.7 3.4
Customer Service 3.4 3.0
Overall Rating Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 285 customer reviews Kotak Securities is Rated 2.6 / 5 based on 143 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Kotak Securities
Contact Broker
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Sharekhan Vs Kotak Securities NRI Investment Options

  Sharekhan Kotak Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management
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Sharekhan Vs Kotak Securities NRI Customer Service

  Sharekhan Kotak Securities
Customer Care Number +91 022 6518500 022 6689 6000, 022 6652 9191
Customer Care Email nridesk@sharekhan.com nricustomerservice@kotak.com
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Sharekhan Vs Kotak Securities Order Type Offered for NRI Account

  Sharekhan Kotak Securities
Bracket Order Yes Yes
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Sharekhan Vs Kotak Securities - NRI Account Advantages and Disadvantages

  Sharekhan Kotak Securities
Pros
  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.
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
Cons
  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.
  1. The brokerage charges are higher in comparison to discount stock brokers like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
Conclusion

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.

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Promo / Offers
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Sharekhan Vs Kotak Securities - More Reviews

  Sharekhan Kotak Securities
NRI Trading Review Sharekhan NRI Account Review Kotak Securities NRI Account Review
Enquire Sharekhan Enquire Kotak Securities
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