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Sharekhan Vs IDBI Capital NRI Account Comparison

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

Find out Sharekhan Vs IDBI Capital which is better NRI Trading Account. See Sharekhan Vs IDBI Capital which is best NRI Demat Account.

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

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Sharekhan Vs IDBI Capital

  Sharekhan IDBI Capital
 
  Sharekhan Logo IDBI Capital Markets and 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 IDBI Bank, a leading private bank in India, offers a wide range of investment options to NRIs through a 3-in-1 account. IDBI Bank offers banking, loans, capital market, PMS, etc. services to NRIs. With the IDBI Bank PIS account, NRIs can buy/sell sha... Know more about IDBI Capital Markets and Securities Ltd
Account Type Sharekhan NRI Account NRI Trading
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

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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Sharekhan Vs IDBI Capital Charges

  Sharekhan IDBI Capital
NRI Account Opening Fees ₹2000 ₹1500
NRI Account AMC ₹3000 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) NIL
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 450
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Sharekhan Vs IDBI Capital NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account IDBI Capital NRI Trading
Equity Delivery 0.50% 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
Other Brokerage Charges PIS Acct AMC: ₹1000 Processing Charge: ₹75 per transaction
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 IDBI Capital NRI Account Taxes/Fees

  Sharekhan IDBI Capital
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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Sharekhan Vs IDBI Capital NRI Account Margin

  Sharekhan Margin IDBI Capital 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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Sharekhan and IDBI Capital NRI Account Features

  Sharekhan IDBI Capital
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 IDBI Capital NRI Account Review

  Sharekhan Review IDBI Capital Review
  310 Customer Reviews    Rate Sharekhan 41 Customer Reviews    Rate IDBI Capital
Fees 3.0 3.2
Brokerage 2.8 2.5
Trading Platform 3.7 2.6
Customer Service 3.3 2.8
Overall Rating Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 310 customer reviews IDBI Capital is Rated 2.6 / 5 based on 41 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Enquire IDBI Capital Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback. 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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Sharekhan Vs IDBI Capital NRI Investment Options

  Sharekhan IDBI Capital
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 IDBI Capital NRI Customer Service

  Sharekhan IDBI Capital
Customer Care Number +91 022 6518500 1800-22-3366, 022-3913 5001
Customer Care Email nridesk@sharekhan.com custcare@idbidirect.in
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Sharekhan Vs IDBI Capital Order Type Offered for NRI Account

  Sharekhan IDBI Capital
Bracket Order Yes No
Cover Order Yes Yes
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No

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Sharekhan Vs IDBI Capital - NRI Account Advantages and Disadvantages

  Sharekhan IDBI Capital
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.
  • Offers 3-in-1 accounts which makes the trading experience fast and smooth.
  • Provides research and recommendation tips.
  • Offers instant online account opening facility.
  • Works as a custodial to settle equity derivatives trades for NRIs.
  • Offers in-house mutual funds under different segments.
  • After Market Order (AMO) facility.
  • Equity SIP is available.
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.
  • Brokerage charges are comparatively higher than discount brokers.
  • Online trading is not available to USA and Canada based NRIs.
  • Offers comparatively lower interest rates on NRI savings bank account.
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.

IDBI is a full-service broker offering a range of investment options to NRIs. IDBI NRI 3-in-1 Account makes stock market investment simple and hassle-free. NRIs also get RM assistance and investment advice from experts. It has a network across 40+ countries to offer NRI services. The broker also works as a custodian for trade clearance and settlement which reduces the extra cost for NRIs. IDBI is recommended for NRIs who are a casual investor and prefer convenience over the trading costs.

Promo / Offers

Sharekhan Special Offer

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.

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.

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