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HDFC Securities Vs Geojit NRI Account Comparison

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

Find out HDFC Securities Vs Geojit which is better NRI Trading Account. See HDFC Securities Vs Geojit which is best NRI Demat Account.

Our HDFC Securities Ltd comparison with Geojit BNP Paribas highlights the major differences between two brokers. Find the best between HDFC Securities and Geojit NRI Account.

HDFC Securities Vs Geojit

 HDFC SecuritiesGeojit
 
 HDFC Securities LogoGeojit Logo
About the BrokerHDFC, a leading private bank in India, offers online trading and investment services in India Stock Market to NRIs located across the globe. HDFC NRI 3-in-1 Account offers a seamless trading experience to NRIs. It offers an integrated NRI trading acc...Know more about HDFC Securities LtdGeojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ...Know more about Geojit BNP Paribas
Account TypeNRI 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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HDFC Securities Vs Geojit Charges

 HDFC SecuritiesGeojit
NRI Account Opening Fees₹2500
NRI Account AMC₹0
NRI Demat Account Opening FeesRs 0Rs 0 (Free)
NRI Demat Account AMCRs 750Rs 400 per year
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST

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HDFC Securities Vs Geojit NRI Account Brokerage Comparison

Account TypeHDFC Securities NRI AccountGeojit
Equity Delivery0.75%
Equity Futures0.025% (Both Buy & Sell)
Equity Options₹100 per lot

Other Charges

Contract Note Reporting Charges
Other Brokerage ChargesMinimum Brokerage: ₹25, PIS 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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HDFC Securities Vs Geojit NRI Account Taxes/Fees

 HDFC SecuritiesGeojit
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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HDFC Securities Vs Geojit NRI Account Margin

 HDFC Securities MarginGeojit 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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HDFC Securities and Geojit NRI Account Features

 HDFC SecuritiesGeojit
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesYes
Other Features

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HDFC Securities Vs Geojit NRI Account Review

 HDFC Securities ReviewGeojit Review
 231 Customer Reviews    Rate HDFC Securities113 Customer Reviews    Rate Geojit
FeesRated 2.1 starsRated 3.5 stars
BrokerageRated 1.8 starsRated 3.2 stars
Trading PlatformRated 2.8 starsRated 3.9 stars
Customer ServiceRated 2.5 starsRated 3.7 stars
Overall RatingRated 2.1 starsRated 3.6 stars
Broker RatingHDFC Securities is Rated 2.1 / 5 based on 231 customer reviewsGeojit is Rated 3.6 / 5 based on 113 customer reviews

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Contact Broker / Request A Call Back

 HDFC Securities EnquireHDFC 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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HDFC Securities Vs Geojit NRI Investment Options

 HDFC SecuritiesGeojit
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsBonds, Equity F&O, ETFs

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HDFC Securities Vs Geojit NRI Customer Service

 HDFC SecuritiesGeojit
Customer Care Number+91 2267 6061 61+91 0484 3911777
Customer Care Emailcustomercare@geojit.com

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HDFC Securities Vs Geojit Order Type Offered for NRI Account

 HDFC SecuritiesGeojit
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)YesNo

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HDFC Securities Vs Geojit - NRI Account Advantages and Disadvantages

 HDFC SecuritiesGeojit
Pros
  1. Offers 3-in-1 NRI account for trading and investment.
  2. A subsidiary of renowned HDFC Bank.
  3. Offers online mutual fund facility through 'Digify'', a digital mutual fund platform.
  4. Offers AMO and GTC order facility.
  5. Research team offers trading and investment recommendations.
  6. Assistance from Relationship Managers.
  7. Offers loan facility against securities held in NRI demat account.
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
Cons
  1. Brokerage charges are very high in comparison to discount brokers like Zerodha.
  2. Doesn't offer online trading to USA and Canada based NRIs.
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
Conclusion

HDFC is a good choice for NRIs to trade and invest in stocks, mutual funds and other investment products in India. Barring NRIs from the USA and Canada, it offers a convenient way to invest online. HDFC is a full-service broker offering services like RM, NRI support desk, free research, and tips, etc., to help NRIs take informed trading decisions. It also offers loan against securities held in the demat accounts. The GTC and AMO order helps NRIs in placing orders as per their convenience.

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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.

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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