Geojit Vs Aditya Birla Money NRI Account Comparison

Geojit Vs Aditya Birla Money

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

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

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

 GeojitAditya Birla Money
 
 Geojit LogoAditya Birla Money 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 ParibasAditya 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 Type
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.

Geojit Vs Aditya Birla Money Charges

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 GeojitAditya Birla Money
NRI Account Opening Fees₹750
NRI Account AMC₹450
NRI Demat Account Opening FeesRs 0 (Free)Nil
NRI Demat Account AMCRs 400 per yearRs 436
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST

Geojit Vs Aditya Birla Money NRI Account Brokerage Comparison

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Account TypeGeojit Aditya Birla Money
Equity Delivery
Equity Futures
Equity Options

Other Charges

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Contract Note Reporting Charges₹25 for BSE | ₹50 for NSE
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 Aditya Birla Money NRI Account Taxes/Fees

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 GeojitAditya 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.

Geojit Vs Aditya Birla Money NRI Account Margin

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 Geojit 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.

Geojit and Aditya Birla Money NRI Account Features

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 GeojitAditya Birla Money
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsYesNo
Other Features

Geojit Vs Aditya Birla Money NRI Account Review

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 Geojit ReviewAditya Birla Money Review
 113 Customer Reviews    Rate Geojit30 Customer Reviews    Rate Aditya Birla Money
FeesRated 3.5 starsRated 3.2 stars
BrokerageRated 3.2 starsRated 3.2 stars
Trading PlatformRated 3.9 starsRated 3.3 stars
Customer ServiceRated 3.7 starsRated 2.9 stars
Overall RatingRated 3.6 starsRated 3.0 stars
Broker RatingGeojit is Rated 3.6 / 5 based on 113 customer reviewsAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews

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.
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 Aditya Birla Money NRI Investment Options

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

Geojit Vs Aditya Birla Money NRI Customer Service

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 GeojitAditya Birla Money
Customer Care Number+91 0484 391177718002707000
Customer Care Emailcustomercare@geojit.com

Geojit Vs Aditya Birla Money Order Type Offered for NRI Account

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 GeojitAditya Birla Money
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)NoYes
Good Till Cancelled (GTC)NoNo

Geojit Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

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 GeojitAditya Birla Money
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.
  • 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
  • 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.
  • 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

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.

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

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

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Side-by-Side Comparison of Broker

Geojit Vs Aditya Birla Money NRI Account Comparison