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Sharekhan Vs Aditya Birla Money NRI Account Comparison

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

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

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

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Sharekhan Vs Aditya Birla Money

  Sharekhan Aditya Birla Money
 
  Sharekhan Logo Aditya Birla Money Ltd Logo
About the Broker Sharekhan, a leading full-service broker in India, offers NRI Stock Trading and Demat accounts to NRI, PIO and OCI customers. Sharekhan offers a 3-in-1 NRI Trading account in partnership with Axis, Indusind, IDBI and HDFC Bank. This account comprises... Know more about Sharekhan 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 Sharekhan 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.


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Sharekhan Vs Aditya Birla Money Charges

  Sharekhan Aditya Birla Money
NRI Account Opening Fees ₹2000 ₹750
NRI Account AMC ₹3000 ₹450
NRI Demat Account Opening Fees Rs 0 (Free) Nil
NRI Demat Account AMC Rs 400 (Free for 1st year) Rs 436
PIS Account AMC
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST

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Sharekhan Vs Aditya Birla Money NRI Account Brokerage Comparison

Account Type Sharekhan Sharekhan NRI Account Aditya Birla Money
Equity Delivery 0.50%
Equity Futures 0.1% on first leg and 0.02% on second leg
Equity Options ₹250 per contract note

Other Charges

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

  Sharekhan 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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Sharekhan Vs Aditya Birla Money NRI Account Margin

  Sharekhan 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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Sharekhan and Aditya Birla Money NRI Account Features

  Sharekhan Aditya Birla Money
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes No
Other Features Call & Trade, Dedicated Relationship Manager, Branch Support

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Sharekhan Vs Aditya Birla Money NRI Account Review

  Sharekhan Review Aditya Birla Money Review
  313 Customer Reviews    Rate Sharekhan 30 Customer Reviews    Rate Aditya Birla Money
Fees 3.0 3.2
Brokerage 2.8 3.2
Trading Platform 3.7 3.3
Customer Service 3.3 2.9
Overall Rating Rated 3.3 stars Rated 3.0 stars
Broker Rating Sharekhan is Rated 3.3 / 5 based on 313 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

  Sharekhan 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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Sharekhan Vs Aditya Birla Money NRI Investment Options

  Sharekhan Aditya Birla Money
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Other Investment Options PMS, Wealth Management

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Sharekhan Vs Aditya Birla Money NRI Customer Service

  Sharekhan Aditya Birla Money
Customer Care Number +91 022 6518500 18002707000
Customer Care Email nridesk@sharekhan.com

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Sharekhan Vs Aditya Birla Money Order Type Offered for NRI Account

  Sharekhan 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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Sharekhan Vs Aditya Birla Money - NRI Account Advantages and Disadvantages

  Sharekhan Aditya Birla Money
Pros
  1. One of the largest stock brokers in India.
  2. Easy trading experience for NRI with 3 in 1 account.
  3. Offers advanced trading platforms in desktop, mobile, and web versions.
  4. Offers online Mutual Funds, IPOs and Bonds.
  5. Offers PMS services for wealth management
  6. A dedicated relationship manager to each NRI customer.
  7. Offers hand holding to beginners in the stock market.
  • 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. 3 in 1 account facility is only available with select banks (Axis, HDFC, IDBI, and Indusind)
  2. Brokerage and account opening charges are higher when compared to other full-service brokers.
  • 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

Sharekhan is a good choice as a stock broker for NRIs. It offers a full range of financial services to NRIs including a hassle-free 3-in-1 trading account, research services, investments in Mutual Funds, IPOs, NCDs and also PMS. GTC and AMO order along with Call & Trade facility help NRIs to place orders in their convenient timings.

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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