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Kotak Securities Vs Aditya Birla Money NRI Account Comparison

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

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

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

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Kotak Securities Vs Aditya Birla Money

  Kotak Securities Aditya Birla Money
 
  Kotak Securities Ltd Logo Aditya Birla Money Ltd Logo
About the Broker Kotak 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 Ltd 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 NRI Account
Special Offer
Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

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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Kotak Securities Vs Aditya Birla Money Charges

  Kotak Securities Aditya Birla Money
NRI Account Opening Fees ₹3750 ₹750
NRI Account AMC ₹0 ₹450
NRI Demat Account Opening Fees Rs 0 (Free) Nil
NRI Demat Account AMC Rs 600 Rs 436
PIS Account AMC ₹1000
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
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Kotak Securities Vs Aditya Birla Money NRI Account Brokerage Comparison

Account Type Kotak Securities NRI Account Aditya Birla Money
Equity Delivery 1.00%
Equity Futures 1.00%
Equity Options 1.00%
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Other Charges

Contract Note Reporting Charges ₹0 ₹25 for BSE | ₹50 for NSE
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%
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Kotak Securities Vs Aditya Birla Money NRI Account Taxes/Fees

  Kotak Securities 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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Kotak Securities Vs Aditya Birla Money NRI Account Margin

  Kotak Securities 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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Kotak Securities and Aditya Birla Money NRI Account Features

  Kotak Securities Aditya Birla Money
3-in-1 Account Yes No
Automated Trading No No
Free Research And Tips Yes No
Other Features
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Kotak Securities Vs Aditya Birla Money NRI Account Review

  Kotak Securities Review Aditya Birla Money Review
  198 Customer Reviews    Rate Kotak Securities 30 Customer Reviews    Rate Aditya Birla Money
Fees 2.4 3.2
Brokerage 2.3 3.2
Trading Platform 3.2 3.3
Customer Service 2.8 2.9
Overall Rating Rated 2.4 stars Rated 3.0 stars
Broker Rating Kotak Securities is Rated 2.4 / 5 based on 198 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

  Kotak Securities Enquire Aditya Birla Money Enquire
Contact Broker Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now 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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Kotak Securities Vs Aditya Birla Money NRI Investment Options

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

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Kotak Securities Vs Aditya Birla Money NRI Customer Service

  Kotak Securities Aditya Birla Money
Customer Care Number 022 6689 6000, 022 6652 9191 18002707000
Customer Care Email nricustomerservice@kotak.com
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Kotak Securities Vs Aditya Birla Money Order Type Offered for NRI Account

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

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Kotak Securities Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

  Kotak Securities Aditya Birla Money
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.
  • 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
  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.
  • 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

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.

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

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

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

  • 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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