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 | Anand Rathi | |
---|---|---|
![]() | ![]() | |
About the Broker | State 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...![]() | Anand 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...![]() |
Account Type | NRI Account | NRI 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. |
SBI Securities | Anand Rathi | |
---|---|---|
NRI Account Opening Fees | ₹2500 | Rs 0 |
NRI Account AMC | ₹0 | Rs 0 |
NRI Demat Account Opening Fees | Rs 0 | Rs 0 (Free) |
NRI Demat Account AMC | Rs 0 | 450 + GST 18% = 532 (1st year free) |
PIS Account AMC | ₹900 | NA |
RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
Account Type | SBI Securities NRI Account | Anand Rathi NRI Account |
---|---|---|
Equity Delivery | 0.75% | 0.30% |
Equity Futures | 0.03% | |
Equity Options | Rs 50 per lot | |
Contract Note Reporting Charges | ₹0 | NA |
Other Brokerage Charges | Demat 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% |
SBI Securities | Anand Rathi | |
---|---|---|
Securities Transaction Tax (STT) |
|
|
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. |
SBI Securities Margin | Anand Rathi 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. |
SBI Securities | Anand Rathi | |
---|---|---|
3-in-1 Account | ![]() | ![]() |
Automated Trading | ![]() | ![]() |
Free Research And Tips | ![]() | ![]() |
Other Features | ||
SBI Securities Enquire | SBI 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. |
SBI Securities | Anand Rathi | |
---|---|---|
Stocks | ![]() | ![]() |
Initial Public Offers (IPO) | ![]() | ![]() |
Mutual Funds | ![]() | ![]() |
Other Investment Options | Derivatives, FD |
SBI Securities | Anand Rathi | |
---|---|---|
Customer Care Number | +91 22 6153 6900 | 0291 666 1001 |
Customer Care Email | nri@sbicapsec.com | nridesk@rathi.com |
SBI Securities | Anand Rathi | |
---|---|---|
Bracket Order | ![]() | ![]() |
Cover Order | ![]() | ![]() |
After Market Order (AMO) | ![]() | ![]() |
Good Till Cancelled (GTC) | ![]() | ![]() |
SBI Securities | Anand Rathi | |
---|---|---|
Pros |
|
|
Cons |
|
|
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
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|