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Motilal Oswal Vs Aditya Birla Money NRI Account Comparison

The side-by-side comparison of Motilal Oswal and Aditya Birla Money NRI Account. Compare Motilal Oswal Vs Aditya Birla Money NRI Account brokerage charges, exposure margin, demat account and AMC. Read Aditya Birla Money and Motilal Oswal NRI Account reviews.

Find out Motilal Oswal Vs Aditya Birla Money which is better NRI Trading Account. See Motilal Oswal Vs Aditya Birla Money which is best NRI Demat Account.

Our Motilal Oswal Securities Ltd comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Motilal Oswal and Aditya Birla Money NRI Account.

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Motilal Oswal Vs Aditya Birla Money

  Motilal Oswal Aditya Birla Money
 
  Motilal Oswal Securities Ltd Logo Aditya Birla Money Ltd Logo
About the Broker Motilal Oswal Financial Services Ltd (MOFSL) is a diversified financial service firm offering trading and investment services to NRIs. The company offers online trading services through a 2-in-1 account in Equity and Equity Derivatives to Non-Residen... Know more about Motilal Oswal Securities Ltd Aditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv... Know more about Aditya Birla Money Ltd
Account Type 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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Motilal Oswal Vs Aditya Birla Money Charges

  Motilal Oswal Aditya Birla Money
NRI Account Opening Fees ₹750
NRI Account AMC ₹450
NRI Demat Account Opening Fees Rs 0 Nil
NRI Demat Account AMC Rs 400 (Free for 1st Year) Rs 436
PIS Account AMC NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Motilal Oswal Vs Aditya Birla Money NRI Account Brokerage Comparison

Account Type Motilal Oswal NRI Investment Account Aditya Birla Money
Equity Delivery 0.50%
Equity Futures
Equity Options

Other Charges

Contract Note Reporting Charges NA ₹25 for BSE | ₹50 for NSE
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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Motilal Oswal Vs Aditya Birla Money NRI Account Taxes/Fees

  Motilal Oswal Aditya Birla Money
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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Motilal Oswal Vs Aditya Birla Money NRI Account Margin

  Motilal Oswal Margin Aditya Birla Money 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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Motilal Oswal and Aditya Birla Money NRI Account Features

  Motilal Oswal Aditya Birla Money
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features

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Motilal Oswal Vs Aditya Birla Money NRI Account Review

  Motilal Oswal Review Aditya Birla Money Review
  132 Customer Reviews    Rate Motilal Oswal 29 Customer Reviews    Rate Aditya Birla Money
Fees 2.7 3.3
Brokerage 2.2 3.2
Trading Platform 2.9 3.3
Customer Service 2.5 2.9
Overall Rating Rated 2.3 stars Rated 3.0 stars
Broker Rating Motilal Oswal is Rated 2.3 / 5 based on 132 customer reviews Aditya Birla Money is Rated 3.0 / 5 based on 29 customer reviews

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Contact Broker / Request A Call Back

  Motilal Oswal Enquire Aditya Birla Money 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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Motilal Oswal Vs Aditya Birla Money NRI Investment Options

  Motilal Oswal Aditya Birla Money
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Motilal Oswal Vs Aditya Birla Money NRI Customer Service

  Motilal Oswal Aditya Birla Money
Customer Care Number 18002707000
Customer Care Email

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Motilal Oswal Vs Aditya Birla Money Order Type Offered for NRI Account

  Motilal Oswal Aditya Birla Money
Bracket Order No
Cover Order No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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Motilal Oswal Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

  Motilal Oswal Aditya Birla Money
Pros
  1. Full-service broker with a range of trading & investment services.
  2. A strong research team that provides investment advice and trade recommendations.
  3. Presence across 2,200 locations in over 500 cities in India.
  • Part of Aditya Birla group, a financial services conglomerate
  • Provides a wide range of financial services under one roof
  • Offers research advice and stock recommendations
Cons
  1. MOSFL doesn't offer 3-in-1 account services. So, NRIs have to first transfer money from PIS account to trading account before placing an order.
  2. It doesn't have offices in any foreign locations.
  3. Brokerage is higher in comparison with discount stock brokers like Zerodha and Prostocks.
  • Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
  • Doesn't offer an IPO investment option.
  • Robo advisory facility is not available.
Conclusion

Motilal Oswal is a popular name in the financial services industry in India. The company offers a range of online trading and investment services to NRIs. NRIs get free access to the trading platform and dedicated research team that provides market insights through published reports on the economy, market trends, and sectors. Higher brokerage makes it expensive for investors/traders who don't need advisory services.

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.

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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