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Aditya Birla Money Vs Alice Blue NRI Account Comparison

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

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

Our Aditya Birla Money Ltd comparison with Alice Blue Financial Services highlights the major differences between two brokers. Find the best between Aditya Birla Money and Alice Blue NRI Account.

Aditya Birla Money Vs Alice Blue

 Aditya Birla MoneyAlice Blue
 
 Aditya Birla Money LogoAlice Blue Logo
About the BrokerAditya 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 LtdAlice Blue does not offer NRI trading and demat account. As per the company representative on 22nd Nov 2019, ' We wish to inform you that currently, we are not offering our services to NRIs, only Resident Indians can open an account with us. NRI's ca...Know more about Alice Blue Financial Services
Account TypeNA
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.

Special Offer: Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

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Aditya Birla Money Vs Alice Blue Charges

 Aditya Birla MoneyAlice Blue
NRI Account Opening Fees₹750NA
NRI Account AMC₹450NA
NRI Demat Account Opening FeesNilRs 0
NRI Demat Account AMCRs 436Rs 400
PIS Account AMCNA
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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Aditya Birla Money Vs Alice Blue NRI Account Brokerage Comparison

Account TypeAditya Birla Money Alice Blue NA
Equity DeliveryNA
Equity FuturesNA
Equity OptionsNA
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Other Charges

Contract Note Reporting Charges₹25 for BSE | ₹50 for NSENA
Other Brokerage ChargesNA
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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Aditya Birla Money Vs Alice Blue NRI Account Taxes/Fees

 Aditya Birla MoneyAlice Blue
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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Aditya Birla Money Vs Alice Blue NRI Account Margin

 Aditya Birla Money MarginAlice Blue 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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Aditya Birla Money and Alice Blue NRI Account Features

 Aditya Birla MoneyAlice Blue
3-in-1 AccountNoNo
Automated TradingNoNo
Free Research And TipsNoNo
Other Features
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Aditya Birla Money Vs Alice Blue NRI Account Review

 Aditya Birla Money ReviewAlice Blue Review
 30 Customer Reviews    Rate Aditya Birla Money40 Customer Reviews    Rate Alice Blue
FeesRated 3.2 starsRated 3.7 stars
BrokerageRated 3.2 starsRated 3.7 stars
Trading PlatformRated 3.3 starsRated 3.3 stars
Customer ServiceRated 2.9 starsRated 2.9 stars
Overall RatingRated 3.0 starsRated 3.1 stars
Broker RatingAditya Birla Money is Rated 3.0 / 5 based on 30 customer reviewsAlice Blue is Rated 3.1 / 5 based on 40 customer reviews
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Contact Broker / Request A Call Back

 Aditya Birla Money EnquireAditya Birla Money 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.
Get equity delivery trading in Rs 20 per executed order or 2.5% whichever is lower and Flat Rs 20 intraday and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
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Aditya Birla Money Vs Alice Blue NRI Investment Options

 Aditya Birla MoneyAlice Blue
StocksYesNo
Initial Public Offers (IPO)YesNo
Mutual FundsYesNo
Other Investment Options

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Aditya Birla Money Vs Alice Blue NRI Customer Service

 Aditya Birla MoneyAlice Blue
Customer Care Number18002707000
Customer Care Email
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Aditya Birla Money Vs Alice Blue Order Type Offered for NRI Account

 Aditya Birla MoneyAlice Blue
Bracket OrderNoNo
Cover OrderNoNo
After Market Order (AMO)YesNo
Good Till Cancelled (GTC)NoNo

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Aditya Birla Money Vs Alice Blue - NRI Account Advantages and Disadvantages

 Aditya Birla MoneyAlice Blue
Pros
  • 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
  • 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.
  • Alice Blue does not offer NRI trading and demat account.
Conclusion

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.

Alice Blue, the Bangalore based financial service provider, doesn't offer services to NRI customer. If you are an NRI and looking for an online discount broker for investing in India, you should consider Zerodha or ProStocks.

If you recently become an NRI and have a resident account with Alice Blue, you have to close it and open a new account with another broker who offers NRI services.

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.

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Alice BlueSpecial Offer

Free Equity Delivery Trade

Trade equity delivery in Rs 20 per executed order or 2.5% whichever is lower. Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.

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