The side-by-side comparison of Kotak Neo and Yes Securities NRI Account. Compare Kotak Neo Vs Yes Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read Yes Securities and Kotak Neo NRI Account reviews.
Find out Kotak Neo Vs Yes Securities which is better NRI Trading Account. See Kotak Neo Vs Yes Securities which is best NRI Demat Account.
Our Kotak Neo comparison with Yes Securities Limited highlights the major differences between two brokers. Find the best between Kotak Neo and Yes Securities NRI Account.
| Kotak Neo | Yes Securities | |
|---|---|---|
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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... | Yes Bank, India's fourth-largest private sector bank, offers NRI 3-in-1 Account to NRIs. Yes Bank is an RBI designed bank for PIS, which makes it very easy for NRI customers to invest online into Indian Stock Markets. Yes Bank offers brokerage servic... |
| Account Type | NRI Account | NRI Investment 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 | Yes Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹3750 | |
| NRI Account AMC | ₹0 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 (Free) | Rs 0 |
| NRI Demat Account AMC | Rs 600 | Rs 500 |
| PIS Account AMC | ₹1000 | ₹500 |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Open Kotak Neo Account |
| Account Type | Kotak Neo NRI Account | Yes Securities NRI Investment Account |
|---|---|---|
| Equity Delivery | 1.00% | |
| Equity Futures | 1.00% | ₹100 per contact |
| Equity Options | 1.00% | ₹100 per contact |
| Open Kotak Neo Account |
| Contract Note Reporting Charges | ₹0 | ₹100 per contact note |
| Other Brokerage Charges | Average 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 Neo | Yes Securities | |
|---|---|---|
| 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 | Yes Securities 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 | Yes Securities | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading |  | |
| Free Research And Tips | | |
| Other Features | ||
| Open Kotak Neo Account |
| Kotak Neo Review | Yes Securities Review | |
|---|---|---|
202 Customer Reviews  | 5 Customer Reviews | |
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| Overall Rating | | |
| Broker Rating | Kotak Neo is Rated 2.4 / 5 based on 202 customer reviews | Yes Securities is Rated 2.2 / 5 based on 5 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 | Yes Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options |
| Kotak Neo | Yes Securities | |
|---|---|---|
| Customer Care Number | 022 6689 6000, 022 6652 9191 | +91 22 7112 3123 |
| Customer Care Email | nricustomerservice@kotak.com | customer.service@ysil.in |
| Open Kotak Neo Account |
| Kotak Neo | Yes Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Kotak Neo | Yes Securities | |
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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. | Yes Bank is a full-service broker offering 3-in-1 NRI account for convenient online investing in India Stock Market. Online banking, trading and demat account make transactions easy for NRI customers. The broker also provides free research tips for stocks and mutual funds. Yes Bank NRI Investment account is recommended for Casual Investors who are ready to pay a higher brokerage for convenience. |
| 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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