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Kotak Securities Vs Jainam Broking NRI Account Comparison

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

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

Our Kotak Securities Ltd comparison with Jainam Broking Limited highlights the major differences between two brokers. Find the best between Kotak Securities and Jainam Broking NRI Account.

Kotak Securities Vs Jainam Broking

 Kotak SecuritiesJainam Broking
 
 Kotak Securities LogoJainam Broking 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 accoun...Know more about Kotak Securities LtdJainam 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 TypeNRI AccountDIY Plan
Special Offer
Special Offer: Kotak Securities - Pay Rs 10 per order Intraday Brokerage + F&O Rs 10 per trade. Open Instant Account Now
Special Offer: Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account

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Kotak Securities Vs Jainam Broking Charges

 Kotak SecuritiesJainam Broking
NRI Account Opening Fees₹3750Rs 500
NRI Account AMC₹0One Time Lifelong Maintenance: Rs 900
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCRs 600Rs 0 (Free)
PIS Account AMC₹1000
RBI approval for PIS (One time)₹500 + GST₹500 + GST
Open Kotak Securities AccountOpen Jainam Broking Account

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Kotak Securities Vs Jainam Broking NRI Account Brokerage Comparison

Account TypeKotak Securities NRI AccountJainam Broking DIY Plan
Equity Delivery1.00%Rs 18 per order
Equity Futures1.00%Rs 18 per order
Equity Options1.00%Rs 18 per order
Open Kotak Securities AccountOpen Jainam Broking Account

Other Charges

Contract Note Reporting Charges₹0
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%
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Kotak Securities Vs Jainam Broking NRI Account Taxes/Fees

 Kotak SecuritiesJainam 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.

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Kotak Securities Vs Jainam Broking NRI Account Margin

 Kotak Securities 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.


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Kotak Securities and Jainam Broking NRI Account Features

 Kotak SecuritiesJainam Broking
3-in-1 AccountYesNo
Automated TradingNoYes
Free Research And TipsYesNo
Other Features
Open Kotak Securities AccountOpen Jainam Broking Account

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Kotak Securities Vs Jainam Broking NRI Account Review

 Kotak Securities ReviewJainam Broking Review
 200 Customer Reviews    Rate Kotak Securities0 Customer Reviews    Rate Jainam Broking
FeesRated 2.4 starsRated undefined stars
BrokerageRated 2.3 starsRated undefined stars
Trading PlatformRated 3.2 starsRated undefined stars
Customer ServiceRated 2.8 starsRated undefined stars
Overall RatingRated 2.4 starsRated undefined stars
Broker RatingKotak Securities is Rated 2.4 / 5 based on 200 customer reviewsJainam Broking is Rated / 5 based on 0 customer reviews
Open Kotak Securities AccountOpen Jainam Broking Account

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Contact Broker / Request A Call Back

 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
Enjoy FREE online account opening with Jainam Broking. Start investing with minimum brokerage of Rs 18 per order. Open an Instant Account
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Kotak Securities Vs Jainam Broking NRI Investment Options

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

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Kotak Securities Vs Jainam Broking NRI Customer Service

 Kotak SecuritiesJainam Broking
Customer Care Number022 6689 6000, 022 6652 9191+91261 6725555
Customer Care Emailnricustomerservice@kotak.comcustomercare@jainam.in
Open Kotak Securities AccountOpen Jainam Broking Account

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Kotak Securities Vs Jainam Broking Order Type Offered for NRI Account

 Kotak SecuritiesJainam Broking
Bracket OrderYesYes
Cover OrderYesYes
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesYes

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Kotak Securities Vs Jainam Broking - NRI Account Advantages and Disadvantages

 Kotak SecuritiesJainam Broking
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.
  • 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
  1. The brokerage charges are higher in comparison to discount stock brokers 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.
  • Limited investment options
  • NRIs must adhere to specific regulatory guidelines
  • Additional charges for call and trade services
Conclusion

Kotak Securities is a full-service broker. It offers convenient stock trading and investment to NRI's 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.

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

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.

Open Kotak Securities AccountOpen Jainam Broking Account