The side-by-side comparison of Kotak Neo and Anand Rathi NRI Account. Compare Kotak Neo Vs Anand Rathi NRI Account brokerage charges, exposure margin, demat account and AMC. Read Anand Rathi and Kotak Neo NRI Account reviews.
Find out Kotak Neo Vs Anand Rathi which is better NRI Trading Account. See Kotak Neo Vs Anand Rathi which is best NRI Demat Account.
Our Kotak Neo comparison with Anand Rathi highlights the major differences between two brokers. Find the best between Kotak Neo and Anand Rathi NRI Account.
| Kotak Neo | Anand Rathi | |
|---|---|---|
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| About the Broker | Kotak Neo 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 Neo NRI account (NRI 3-in-1 account) combine... | 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 | Special Offer: Trade smarter with Kotak Neo low-cost plans. | 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 Neo | Anand Rathi | |
|---|---|---|
| NRI Account Opening Fees | ₹3750 | Rs 0 |
| NRI Account AMC | ₹0 | Rs 0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 (Free) |
| NRI Demat Account AMC | Rs 600 | 450 + GST 18% = 532 (1st year free) |
| PIS Account AMC | ₹1000 | NA |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Kotak Neo Account |
| Account Type | Kotak Neo NRI Account | Anand Rathi NRI Account |
|---|---|---|
| Equity Delivery | 1.00% | 0.30% |
| Equity Futures | 1.00% | 0.03% |
| Equity Options | 1.00% | Rs 50 per lot |
| Open Kotak Neo Account |
| Contract Note Reporting Charges | ₹0 | NA |
| Other Brokerage Charges | Average Quarterly Balance: ₹10000 | 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% |
| Kotak Neo | Anand Rathi | |
|---|---|---|
| Securities Transaction Tax (STT) |
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| 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. |
| Kotak Neo 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. | ||
| Kotak Neo | Anand Rathi | |
|---|---|---|
| 3-in-1 Account |  |  |
| Automated Trading | | |
| Free Research And Tips | | |
| Other Features | ||
| Open Kotak Neo Account |
| Kotak Neo Review | Anand Rathi Review | |
|---|---|---|
202 Customer Reviews  | 18 Customer Reviews | |
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| Overall Rating | |  |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews |
| Open Kotak Neo Account |
| Kotak Neo Enquire | Kotak Neo Enquire | |
|---|---|---|
| Contact Broker | Trade smarter with Kotak Neo low-cost plans. | 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 Neo | Anand Rathi | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Kotak Neo | Anand Rathi | |
|---|---|---|
| Customer Care Number | 022 6689 6000, 022 6652 9191 | 0291 666 1001 |
| Customer Care Email | nricustomerservice@kotak.com | nridesk@rathi.com |
| Open Kotak Neo Account |
| Kotak Neo | Anand Rathi | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Kotak Neo | Anand Rathi | |
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Conclusion | Kotak Neo 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 Neo brokerage charges are on the higher side. Kotak Neo 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. | 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 | Kotak NeoSpecial OfferKotak Neo Trade Free Plan Open a 3-in-1 account and get:
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
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