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Geojit Vs Aditya Birla Money NRI Account Comparison

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

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

Our Geojit BNP Paribas comparison with Aditya Birla Money Ltd highlights the major differences between two brokers. Find the best between Geojit and Aditya Birla Money NRI Account.

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Geojit Vs Aditya Birla Money

  Geojit Aditya Birla Money
 
  Geojit BNP Paribas Logo Aditya Birla Money Ltd Logo
About the Broker Geojit BNP Paribas is a leading full-time stockbroker with a strong presence in Southern India and the Middle East. The company offers NRI services to non-resident Indian investors residing in Oman, Kuwait, Bahrain, Saudi Arabia, and the U.A.E only. ... Know more about Geojit BNP Paribas Aditya 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 Ltd
Account Type
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.


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Geojit Vs Aditya Birla Money Charges

  Geojit Aditya Birla Money
NRI Account Opening Fees ₹750
NRI Account AMC ₹450
NRI Demat Account Opening Fees Rs 0 (Free) Nil
NRI Demat Account AMC Rs 400 per year Rs 436
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Geojit Vs Aditya Birla Money NRI Account Brokerage Comparison

Account Type Geojit Aditya Birla Money
Equity Delivery
Equity Futures
Equity Options

Other Charges

Contract Note Reporting Charges ₹25 for BSE | ₹50 for NSE
Other Brokerage Charges
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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Geojit Vs Aditya Birla Money NRI Account Taxes/Fees

  Geojit Aditya Birla Money
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 excersied 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 excersied options)
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.

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Geojit Vs Aditya Birla Money NRI Account Margin

  Geojit Margin Aditya Birla Money 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.


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Geojit and Aditya Birla Money NRI Account Features

  Geojit Aditya Birla Money
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features

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Geojit Vs Aditya Birla Money NRI Account Review

  Geojit Review Aditya Birla Money Review
  111 Customer Reviews    Rate Geojit 30 Customer Reviews    Rate Aditya Birla Money
Fees 3.5 3.2
Brokerage 3.2 3.2
Trading Platform 3.9 3.3
Customer Service 3.7 2.9
Overall Rating Rated 3.6 stars Rated 3.0 stars
Broker Rating Geojit is Rated 3.6 / 5 based on 111 customer reviews Aditya Birla Money is Rated 3.0 / 5 based on 30 customer reviews

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Contact Broker / Request A Call Back

  Geojit Enquire Aditya 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. 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.
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Geojit Vs Aditya Birla Money NRI Investment Options

  Geojit Aditya Birla Money
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options

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Geojit Vs Aditya Birla Money NRI Customer Service

  Geojit Aditya Birla Money
Customer Care Number +91 0484 3911777 18002707000
Customer Care Email customercare@geojit.com

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Geojit Vs Aditya Birla Money Order Type Offered for NRI Account

  Geojit Aditya Birla Money
Bracket Order No
Cover Order No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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Geojit Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

  Geojit Aditya Birla Money
Pros
  • 30+ years of experience in the capital market in India.
  • Strong physical presence in Gulf countries through tie-ups with other prominent financial services providers in these countries.
  • Dedicated research team offers investment and research tips to NRIs.
  • Equity Derivatives NRI traders do not require separate Custodial account as Geojit is a clearing member and clear the trade by themselves.
  • 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
  • NRI Account is available only to residents of UAE, Saudi Arabia, Bahrain, Kuwait or Oman.
  • Doesn't offer services to the US, UK, Australia or Canada based NRIs.
  • Doesn't offer a 3-in-1 account. An NRI has to open a bank account with another company.
  • High brokerage charges when compared with discount brokers like Zerodha, Prostocks, etc.
  • 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.
Conclusion

Geojit is a highly recommended broker for NRIs residing in Middle East countries. It has 480+ offices and a dedicated Call Centre to offer quality services to NRIs. The company also offers strong research services to help NRIs make informed trading decisions. Other investment options including Mutual Funds, PMS and IPO make them preferred broker for many NRIs in the Gulf.

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.

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.

Open Instant Demat Account Read Reviews

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.

Open Instant Demat Account Read Reviews

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