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SBI Securities Vs Anand Rathi NRI Account Comparison

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

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

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

SBI Securities Vs Anand Rathi

 SBI SecuritiesAnand Rathi
 
 SBI Securities LogoAnand Rathi Logo
About the BrokerState 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 SBI Securities LtdAnand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/inves...Know more about Anand Rathi
Account TypeNRI AccountNRI Account
Special Offer

Zerodha (Flat Rs 20 Per Trade)

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 (Flat Rs 20 Per Trade)

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 Anand Rathi Charges

 SBI SecuritiesAnand Rathi
NRI Account Opening Fees₹2500Rs 0
NRI Account AMC₹0Rs 0
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 0450 + GST 18% = 532 (1st year free)
PIS Account AMC₹900NA
RBI approval for PIS (One time)₹500 + GST₹500 + GST

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SBI Securities Vs Anand Rathi NRI Account Brokerage Comparison

Account TypeSBI Securities NRI AccountAnand Rathi NRI Account
Equity Delivery0.75%0.30%
Equity Futures0.03%
Equity OptionsRs 50 per lot

Other Charges

Contract Note Reporting Charges₹0NA
Other Brokerage ChargesDemat AMC: Rs 450 per year
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 Anand Rathi NRI Account Taxes/Fees

 SBI SecuritiesAnand Rathi
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 exercised 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 exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% 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 Anand Rathi NRI Account Margin

 SBI Securities MarginAnand Rathi Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

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 Anand Rathi NRI Account Features

 SBI SecuritiesAnand Rathi
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesYes
Other Features

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SBI Securities Vs Anand Rathi NRI Account Review

 SBI Securities ReviewAnand Rathi Review
 165 Customer Reviews    Rate SBI Securities18 Customer Reviews    Rate Anand Rathi
FeesRated 3.0 starsRated 3.1 stars
BrokerageRated 2.6 starsRated 3.2 stars
Trading PlatformRated 2.6 starsRated 3.0 stars
Customer ServiceRated 2.7 starsRated 3.2 stars
Overall RatingRated 2.5 starsRated 2.9 stars
Broker RatingSBI Securities is Rated 2.5 / 5 based on 165 customer reviewsAnand Rathi is Rated 2.9 / 5 based on 18 customer reviews

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Contact Broker / Request A Call Back

 SBI Securities EnquireSBI 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 Anand Rathi NRI Investment Options

 SBI SecuritiesAnand Rathi
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsDerivatives, FD

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SBI Securities Vs Anand Rathi NRI Customer Service

 SBI SecuritiesAnand Rathi
Customer Care Number+91 22 6153 69000291 666 1001
Customer Care Emailnri@sbicapsec.comnridesk@rathi.com

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SBI Securities Vs Anand Rathi Order Type Offered for NRI Account

 SBI SecuritiesAnand Rathi
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)NoYes

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SBI Securities Vs Anand Rathi - NRI Account Advantages and Disadvantages

 SBI SecuritiesAnand Rathi
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.
  • Advanced online trading platforms.
  • 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.
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 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.
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.

Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi 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 a 3rd party before opening the NRI trading and demat account with the broker.

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