Zerodha > Trade @ ₹20 (Free Delivery)Know More
Free Account Opening + AMC Free Demat

Geojit Vs Anand Rathi NRI Account Comparison

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

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

Our Geojit BNP Paribas comparison with Anand Rathi highlights the major differences between two brokers. Find the best between Geojit and Anand Rathi NRI Account.

Geojit Vs Anand Rathi

 GeojitAnand Rathi
 
 Geojit LogoAnand Rathi Logo
About the BrokerGeojit 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 ParibasAnand 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 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.


Expand

Geojit Vs Anand Rathi Charges

 GeojitAnand Rathi
NRI Account Opening FeesRs 0
NRI Account AMCRs 0
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 400 per year450 + GST 18% = 532 (1st year free)
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST

Expand

Geojit Vs Anand Rathi NRI Account Brokerage Comparison

Account TypeGeojit Anand Rathi NRI Account
Equity Delivery0.30%
Equity Futures0.03%
Equity OptionsRs 50 per lot

Other Charges

Contract Note Reporting ChargesNA
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%
Expand

Geojit Vs Anand Rathi NRI Account Taxes/Fees

 GeojitAnand 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.

Expand

Geojit Vs Anand Rathi NRI Account Margin

 Geojit 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.


Expand

Geojit and Anand Rathi NRI Account Features

 GeojitAnand Rathi
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesYes
Other Features

Expand

Geojit Vs Anand Rathi NRI Account Review

 Geojit ReviewAnand Rathi Review
 113 Customer Reviews    Rate Geojit18 Customer Reviews    Rate Anand Rathi
FeesRated 3.5 starsRated 3.1 stars
BrokerageRated 3.2 starsRated 3.2 stars
Trading PlatformRated 3.9 starsRated 3.0 stars
Customer ServiceRated 3.7 starsRated 3.2 stars
Overall RatingRated 3.6 starsRated 2.9 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsAnand Rathi is Rated 2.9 / 5 based on 18 customer reviews

Expand

Contact Broker / Request A Call Back

 Geojit EnquireGeojit 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.
*

Geojit Vs Anand Rathi NRI Investment Options

 GeojitAnand Rathi
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

Expand

Geojit Vs Anand Rathi NRI Customer Service

 GeojitAnand Rathi
Customer Care Number+91 0484 39117770291 666 1001
Customer Care Emailcustomercare@geojit.comnridesk@rathi.com

Expand

Geojit Vs Anand Rathi Order Type Offered for NRI Account

 GeojitAnand Rathi
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoYes

Expand

Geojit Vs Anand Rathi - NRI Account Advantages and Disadvantages

 GeojitAnand Rathi
Pros
  • 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.
  • 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
  • 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.
  • 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

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.

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