Geojit Vs Jainam Broking NRI Account Comparison

Geojit Vs Jainam Broking

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

Find out Geojit Vs Jainam Broking which is better NRI Trading Account. See Geojit Vs Jainam Broking which is best NRI Demat Account.

Our Geojit BNP Paribas comparison with Jainam Broking Limited highlights the major differences between two brokers. Find the best between Geojit and Jainam Broking NRI Account.

 GeojitJainam Broking
 
 Geojit LogoJainam Broking 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 ParibasJainam Broking Limited offers NRI (Non-Resident Indian) trading services, allowing NRIs to invest in the Indian stock market through various routes, including direct equity investments and mutual funds. They provide online account opening and trading...Know more about Jainam Broking Limited
Account TypeDIY Plan
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.

Special Offer: Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account

Geojit Vs Jainam Broking Charges

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 GeojitJainam Broking
NRI Account Opening FeesRs 500
NRI Account AMCOne Time Lifelong Maintenance: Rs 900
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 400 per yearRs 0 (Free)
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Geojit Vs Jainam Broking NRI Account Brokerage Comparison

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Account TypeGeojit Jainam Broking DIY Plan
Equity DeliveryRs 18 per order
Equity FuturesRs 18 per order
Equity OptionsRs 18 per order
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Other Charges

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Contract Note Reporting Charges
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%

Geojit Vs Jainam Broking NRI Account Taxes/Fees

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 GeojitJainam Broking
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.

Geojit Vs Jainam Broking NRI Account Margin

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 Geojit MarginJainam Broking 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.

Geojit and Jainam Broking NRI Account Features

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 GeojitJainam Broking
3-in-1 AccountNoNo
Automated TradingNoYes
Free Research And TipsYesNo
Other Features
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Geojit Vs Jainam Broking NRI Account Review

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 Geojit ReviewJainam Broking Review
 113 Customer Reviews    Rate Geojit0 Customer Reviews    Rate Jainam Broking
FeesRated 3.5 starsRated undefined stars
BrokerageRated 3.2 starsRated undefined stars
Trading PlatformRated 3.9 starsRated undefined stars
Customer ServiceRated 3.7 starsRated undefined stars
Overall RatingRated 3.6 starsRated undefined stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsJainam Broking is Rated / 5 based on 0 customer reviews
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Contact Broker / Request A Call Back

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 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.
Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account

Geojit Vs Jainam Broking NRI Investment Options

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 GeojitJainam Broking
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

Geojit Vs Jainam Broking NRI Customer Service

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 GeojitJainam Broking
Customer Care Number+91 0484 3911777+91261 6725555
Customer Care Emailcustomercare@geojit.comcustomercare@jainam.in
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Geojit Vs Jainam Broking Order Type Offered for NRI Account

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 GeojitJainam Broking
Bracket OrderNoYes
Cover OrderNoYes
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoYes

Geojit Vs Jainam Broking - NRI Account Advantages and Disadvantages

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 GeojitJainam Broking
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.
  • User-Friendly Platform: Jainam Broking's online platform is designed for ease of use, simplifying trading and investment.
  • Low Fees: Jainam offers competitive pricing structures, which can reduce overall trading costs.
  • Diverse Investment Options: NRIs can invest in a wide range of securities, including stocks, mutual funds, bonds, and ETFs.
  • Strong Customer Support: Jainam Broking prioritises customer support to assist with any queries or issues.
  • Reliable Reputation: Jainam has a strong reputation as a trustworthy broker.
  • Fast and Simple Account Opening: Jainam offers a streamlined online account opening process.
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.
  • Limited investment options
  • NRIs must adhere to specific regulatory guidelines
  • Additional charges for call and trade services
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.

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

Jainam BrokingSpecial Offer

Invest smart, invest simple — your journey begins at just ₹18 per order

Open a Free Demat Account online and start trading today.

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Side-by-Side Comparison of Broker

Geojit Vs Jainam Broking NRI Account Comparison