Kotak Securities Vs Aditya Birla Money NRI Account Comparison

Kotak Securities Vs Aditya Birla Money

The side-by-side comparison of Kotak Securities and Aditya Birla Money NRI Account. Compare Kotak Securities Vs Aditya Birla Money NRI Account brokerage charges, exposure margin, demat account and AMC. Read Aditya Birla Money and Kotak Securities NRI Account reviews.

Find out Kotak Securities Vs Aditya Birla Money which is better NRI Trading Account. See Kotak Securities Vs Aditya Birla Money which is best NRI Demat Account.

Our Kotak Securities Ltd comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Kotak Securities and Aditya Birla Money NRI Account.

 Kotak SecuritiesAditya Birla Money
 
 Kotak Securities LogoAditya Birla Money Logo
About the BrokerKotak Securities is a full-service broker that offers a range of services to NRIs, from across the globe, including online trading in Equity, Equity Derivatives (F&O), Mutual Funds, Bonds, IPO, and ETF. Kotak securities NRI account (NRI 3-in-1 ac...Know more about Kotak Securities LtdAditya Birla Capital Limited (ABCL) is a well-known financial services company offering trading, insurance, and mutual funds, etc. to non-resident Indians. Aditya Birla Money Ltd (ABML), a subsidiary of Aditya Birla Capital, offers stock broking serv...Know more about Aditya Birla Money Ltd
Account TypeNRI Account
Special Offer
Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now

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.

Kotak Securities Vs Aditya Birla Money Charges

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 Kotak SecuritiesAditya Birla Money
NRI Account Opening Fees₹3750₹750
NRI Account AMC₹0₹450
NRI Demat Account Opening FeesRs 0 (Free)Nil
NRI Demat Account AMCRs 600Rs 436
PIS Account AMC₹1000
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Kotak Securities Vs Aditya Birla Money NRI Account Brokerage Comparison

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Account TypeKotak Securities NRI AccountAditya Birla Money
Equity Delivery1.00%
Equity Futures1.00%
Equity Options1.00%
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Other Charges

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Contract Note Reporting Charges₹0₹25 for BSE | ₹50 for NSE
Other Brokerage ChargesAverage Quarterly Balance: ₹10000
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%

Kotak Securities Vs Aditya Birla Money NRI Account Taxes/Fees

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 Kotak SecuritiesAditya Birla Money
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.

Kotak Securities Vs Aditya Birla Money NRI Account Margin

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 Kotak Securities MarginAditya Birla Money 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.

Kotak Securities and Aditya Birla Money NRI Account Features

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 Kotak SecuritiesAditya Birla Money
3-in-1 AccountYesNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features
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Kotak Securities Vs Aditya Birla Money NRI Account Review

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 Kotak Securities ReviewAditya Birla Money Review
 202 Customer Reviews    Rate Kotak Securities30 Customer Reviews    Rate Aditya Birla Money
FeesRated 2.4 starsRated 3.2 stars
BrokerageRated 2.3 starsRated 3.2 stars
Trading PlatformRated 3.2 starsRated 3.3 stars
Customer ServiceRated 2.8 starsRated 2.9 stars
Overall RatingRated 2.4 starsRated 3.0 stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 202 customer reviewsAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews
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Contact Broker / Request A Call Back

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 Kotak Securities EnquireKotak Securities Enquire
Contact Broker
Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
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.

Kotak Securities Vs Aditya Birla Money NRI Investment Options

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 Kotak SecuritiesAditya Birla Money
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment Options

Kotak Securities Vs Aditya Birla Money NRI Customer Service

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 Kotak SecuritiesAditya Birla Money
Customer Care Number022 6689 6000, 022 6652 919118002707000
Customer Care Emailnricustomerservice@kotak.com
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Kotak Securities Vs Aditya Birla Money Order Type Offered for NRI Account

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 Kotak SecuritiesAditya Birla Money
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

Kotak Securities Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

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 Kotak SecuritiesAditya Birla Money
Pros
  1. Offers integrated 3-in-1 Trinity account for fast and smooth trading experience.
  2. Part of the reputed Kotak group
  3. Branch offices in New York, London, Dubai, Singapore, and Mauritius.
  4. AMO and GTC order types make it easy for NRIs to place orders at any time.
  5. A dedicated research team for expert advice and recommendations
  6. Offers a range of advanced online trading platforms and tools.
  7. Offers online mutual fund, IPO and NCD investment facility.
  • Part of Aditya Birla group, a financial services conglomerate
  • Provides a wide range of financial services under one roof
  • Offers research advice and stock recommendations
Cons
  1. The brokerage charges are higher in comparison to discount stock broker like Zerodha and Prostocks. Kotak brokerage charges for equity delivery us 1% whereas Prostocks charges fixed Rs 100 per order. So, if your trade value is Rs 1 lakh, you pay a brokerage of Rs 1000 with Kotak whereas Prostocks will charge you just Rs 100.
  • Doesn't offer a 3-in-1 account and separate account opening increases the paperwork.
  • Doesn't offer an IPO investment option.
  • Robo advisory facility is not available.
Conclusion

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRIs through its 3-in-1 account. In addition, you get advanced trading software, researched advice and dedicated RM assistance. Kotak Sec brokerage charges are on the higher side. Kotak Sec has offices in New York, London, Dubai, Singapore, and Mauritius which makes it easy for NRIs based in these locations to avail services or get grievances redressed locally.

Aditya Birla Capital is a well-known name when it comes to financial services. However, when it comes to trading & investment services for NRIs it doesn't measure up to its reputation. The company doesn't have a major USP for NRIs. It doesn't offer 3-in-1 accounts. The choices in trading platforms are limited. There are many better options available in the market.

Promo / Offers

Kotak SecuritiesSpecial Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Rs 10 Intraday trades (Equity and F&O).
  • Flat Rs. 10 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

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
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Kotak Securities Vs Aditya Birla Money