The side-by-side comparison of HDFC Securities and SBI Securities NRI Account. Compare HDFC Securities Vs SBI Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read SBI Securities and HDFC Securities NRI Account reviews.
Find out HDFC Securities Vs SBI Securities which is better NRI Trading Account. See HDFC Securities Vs SBI Securities which is best NRI Demat Account.
Our HDFC Securities Ltd comparison with SBI Securities Ltd highlights the major differences between two brokers. Find the best between HDFC Securities and SBI Securities NRI Account.
| HDFC Securities | SBI Securities | |
|---|---|---|
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| About the Broker | HDFC, a leading private bank in India, offers online trading and investment services in India Stock Market to NRIs located across the globe. HDFC NRI 3-in-1 Account offers a seamless trading experience to NRIs. It offers an integrated NRI trading acc... | State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... |
| Account Type | NRI Account | NRI Account |
| 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. |
| HDFC Securities | SBI Securities | |
|---|---|---|
| NRI Account Opening Fees | ₹2500 | ₹2500 |
| NRI Account AMC | ₹0 | ₹0 |
| NRI Demat Account Opening Fees | Rs 0 | Rs 0 |
| NRI Demat Account AMC | Rs 750 | Rs 0 |
| PIS Account AMC | ₹900 | |
| RBI approval for PIS (One time) | ₹500 + GST | ₹500 + GST |
| Account Type | HDFC Securities NRI Account | SBI Securities NRI Account |
|---|---|---|
| Equity Delivery | 0.75% | 0.75% |
| Equity Futures | 0.025% (Both Buy & Sell) | |
| Equity Options | ₹100 per lot | |
| Contract Note Reporting Charges | ₹0 | |
| Other Brokerage Charges | Minimum Brokerage: ₹25, PIS AMC: ₹1000 | |
| 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% |
| HDFC Securities | SBI 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. |
| HDFC Securities Margin | SBI 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. | ||
| HDFC Securities | SBI Securities | |
|---|---|---|
| 3-in-1 Account |  | |
| Automated Trading |  | |
| Free Research And Tips | | |
| Other Features | ||
| HDFC Securities Review | SBI Securities Review | |
|---|---|---|
231 Customer Reviews  | 165 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  | |
| Customer Service |  |  |
| Overall Rating | | |
| Broker Rating | HDFC Securities is Rated 2.1 / 5 based on 231 customer reviews | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| HDFC Securities Enquire | HDFC Securities 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. |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Stocks | | |
| Initial Public Offers (IPO) | | |
| Mutual Funds | | |
| Other Investment Options | Bonds, Equity F&O, ETFs | Derivatives, FD |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Customer Care Number | +91 2267 6061 61 | +91 22 6153 6900 |
| Customer Care Email | nri@sbicapsec.com | |
| HDFC Securities | SBI Securities | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| HDFC Securities | SBI Securities | |
|---|---|---|
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Conclusion | HDFC is a good choice for NRIs to trade and invest in stocks, mutual funds and other investment products in India. Barring NRIs from the USA and Canada, it offers a convenient way to invest online. HDFC is a full-service broker offering services like RM, NRI support desk, free research, and tips, etc., to help NRIs take informed trading decisions. It also offers loan against securities held in the demat accounts. The GTC and AMO order helps NRIs in placing orders as per their convenience. | SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most NRIs. |
| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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