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IDBI Capital FAQs

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IDBI Capital FAQs

Page Contents Table

Q1.  What type of broker IDBI Capital is?

Ans. IDBI Capital is a bank–based full-service broker.

Q2.  When IDBI came into existence?

Ans. It was established in the year 1993.

Q3. Who is the MD or CEO of IDBI Capital?

Ans. Mr. Nagaraj Garla is the MD and CEO of IDBI Capital.

Q4. Why is IDBI Capital popular?

Ans. IDBI Capital is a fully integrated financial full-service stockbroker with banking facilities, which made IDBI Capital different and helped a lot in grabbing a huge reputation.

Q5.  What is the type of account IDBI Capital Offers to its users?

Ans. IDBI Capital offers its client a 3 in 1 account facility integrated with IDBI Bank Account, IDBI Demat Account, and IDBI trading Account. 

IDBI Capital FAQs

Q6. What are the trading segments IDBI Capital offers to its clients?

Ans. On trading with IDBI Capital, the user will be availed with the following trading segments and investment services, including Equity Trading, Derivatives Trading, Mutual Funds, IPOs, Bonds, and NCDs.

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Q7. What is EQUITY SIP?

Ans. It is a unique Investment Plan where a user can deposit a certain amount every month in the form of stocks or mutual funds. It gives a systematic approach to invest in generating long term profits and goals. It has mainly two types of SIP offered by IDBI to its customers: 

  1. Amount Based SIP: In this segment, the user can invest a fixed amount in stocks based on their own choice and preference with a predefined frequency and term. It is allowed to choose up top 10 scrips per SIP.
  2. Quantity Based SIP: In this option, the client can buy a fixed number of shares of a company as their choice and preference. A client can choose up to 5 scrips per trade.

Q8. What is ENCASH?

Ans. It is a facility that allows a client to get sales proceeds credited to their account on the trading day. However, usually, it takes a T+2 settlement day. This facility is only available to those clients who have shares available on their Demat Account.

Q9. What is the net worth of IDBI Capital?

Ans. The net worth of IDBI capital is over $3 Billion.

Q10. How many branches does the IDBI Capital offer?

Ans. It has 19 branches covering 14 major cities of India with a vast network of business associates.

Q11. What is the name of the trading platform offered by IDBI Capital?

Ans. The name of the trading platform offered by IDBI Capital is IDBI POWER PRO.

Q12. What are the features of IDBI POWER PRO?

Ans. The best features of IDBI POWER PRO are:

  • It comes with innovative visual and audio based notification and alerts system. The user can customize the setting as per trading pattern, preference or with specific trading conditions based on stocks listed.
  • The market watch lists can be personalized in order to monitor specific scrips across industries. This feature helps a user by saving time searching for the same trading segments all the time.
  • The trading platform is effectively integrated with multiple trading tips and tricks. IDBI capital also offered various trading recommendations with research reports on both technical and fundamental levels.
  • The client can track their order on a real-time basis.
  • In order to analyze stocks more effectively, the platform offers you multiple types of charts based on your trading preference and pattern.

Q13. What are the technical specifications and requirements of IDBI POWER PRO?

Ans. In order to use the terminal make sure your system offers at least these configurations:

  • A minimum internet speed of 56 kbps or higher. Higher the speed better will be the trading experience.
  • Minimum 98/2000, XP, 7 or higher
  • Pentium 4 processor or higher
  • Minimum of 512 MB ram or above.

Q14.  What is the web browser-based trading platform of IDBI Capital?

Ans. IDBI POWER STREAMING is the web browser-based trading platform of IDBI Capital.

Q15. What are the main features of IDBI POWER STREAMING?

Ans. Here are some of the best features of IDBI POWER STREAMING:

  • This trading platform offers you to use up to 7 market watch lists with more than 50 scrips in each watch list on track.
  • It comes with a single click order placement feature.
  • It is integrated with real-time charting with color-coding based on pricing. It gives you a quick glimpse of the market and momentum.
  • The terminal is added with hotkey functionality for quick analysis of stocks; it helps in fast order placement. This feature helps the user to minimize the time wastage while stock price charges before the order placement.
  • The platform shows the top 5 bids via the market depth window at any point in time between the trades.

Q16. Is there any other trading platform offered by IDBI Capital?

Ans. Yes, IDBI Capital provides another trading platform named IDBI POWER CLASSIC for beginner level traders.

Q17. What are the features of IDBI POWER CLASSIC?

Ans. Some of the features of IDBI POWER CLASSIC are:

  • The trading platform offers the client to add, update, and order within its interface.
  • The user will get the live rates from both NSE and BSE stock exchanges.
  • As it is a web browser-based trading platform, which makes it versatile to get accessed from anywhere without any dependency on the device you are using for trading.
  • The trading platform is loaded with ledgers, account notes, different reports, and contract notes. To enhance the total trading experience.
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Q18. What is the mobile trading app of IDBI Capital?

Ans. The name of the mobile trading application is IDBI MOBILE APP.

Q19. What are the features of IDBI MOBILE APP?

Ans. Some of the features of the mobile trading app are:

  • Here the client will find multiple market reports and watch lists for effective trading.
  • The mobile trading application is integrated with real-time market streaming of quotes from various stock exchanges.
  • It is loaded with different charting options for detailed market analysis in both technical and fundamental trading levels.

Q20. What are the issues faced by the users while trading with IDBI Mobile App?

Ans. Some issues are mentioned below after user’s reports:

  • On trading users are facing constant market watch lists issues.
  • The investors reported that most of the time, the data displayed is not consistent with real-time trading.
  • The application update frequency is very poor. The broker should improve its stability with regular patches and updates.
  • Multiple logouts without any notification to the trader.

Q21. Does IDBI Capital Offers Research Reports?

Ans. Yes, IDBI Capital offers Research Reports.

Q22. What are the types of Research reports IDBI Capital Offers?

Ans. There are basically three types of Research reports IDBI Capital offers to its clients. 

  • IDBI Capital Morning Reports
  • IDBI Capital Investments Guides
  • IDBI Capital Equities Fact Sheets

Q23.  What are customer care communication channels offered by IDBI Capital?

Ans. Here are some communication channels offered by this broker:

  • Via Email
  • Over Toll-Free Number
  • Offline Branches
  • Landline phone Service

Q24. What is the registered office address of IDBI Capital?

Ans. The registered office address of IDBI Capital is :

IDBI Capitals Markets & Securities Ltd. 6th Floor, IDBI Tower,World Trade Centre, Cuffe Parade, Mumbai- 400001

Q25. What is the Trading account opening charges of IDBI Capital?

Ans. Rs. 700 is the trading account opening charges of IDBI Capital.

Q26. What is the AMC of Trading Account charged by IDBI Capital?

Ans. IDBI Capital charges nothing for its AMC Trading Account.

Q27. What is the DEMAT Account Opening Charges of IDBI Capital?

Ans. IDBI Capital charges nothing for the DEMAT Account opening.

Q28. What is the AMC charge of IDBI Capital for its DEMAT Account?

Ans. Rs. 450 is the AMC charge of IDBI Capital for its DEMAT Account.

Q29.  What are the types of Brokerage Plans IDBI Capital offers?

Ans. Some of the Brokerage Plans IDBI Capital offers are:

  1. IDBI Capital Flat Classic Brokerage Plan
  2. IDBI Capital Flexi-Gold Brokerage Plan
  3. IDBI Capital ACE Trader Brokerage Plan

Q30. How much does IDBI Capital charge for equity delivery as transaction charges?

Ans. NSE: 0.00325% and BSE: 0.00325% IDBI Capital charges for equity delivery as transaction charges.

Q31. How much does IDBI Capital charge for equity intraday as transaction charges?

Ans. NSE: 0.00325% and BSE: 0.00325% IDBI Capital charges for equity intraday as transaction charges.

Q32. How much does IDBI Capital charge for equity futures as transaction charges?

Ans. NSE: 0.0019% IDBI Capital charges for equity futures as transaction charges.

Q33. How much do IDBI Capital charges for equity options as transaction charges?

Ans. NSE: 0.051% (on premium) IDBI Capital charges for equity options as transaction charges.

Q34. How much does IDBI Capital charge for currency Futures as transaction charges?

Ans. NSE: 0.0011% IDBI Capital charges for currency futures as transaction charges.

Q35. How much does IDBI Capital charge for currency options as transaction charges?

Ans. NSE: 0.040% IDBI Capital charges for currency options as transaction charges.

Q36. How much do IDBI Capital charges for STT?

Ans. IDBI Capital charges 0.0126% Of Total Turnover for STT.

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Q37. How much does IDBI Capital charge for SEBI Turnover Charges?

Ans. IDBI Capital Charges 0.0002% Of Total Turnover for SEBI Turnover Charges.

Q38. How much do IDBI Capital charges for Stamp Duty?

Ans. The stamp duty charge by IDBI Capital depends on the state and is minimal.

Q39. How much do IDBI Capital charges for GST?

Ans. IDBI Capital charges 18% Of (Brokerage + Transaction Charges) for GST. 

Q40. What is the margin offered by IDBI Capital on Equity?

Ans. IDBI Capital offers Up to 15 Times for intraday and For Delivery up to 3 times.

Q41. What is the margin offered by IDBI Capital on Equity Futures?

Ans. IDBI Capital offers up to 5 times on intraday on Equity Futures.

Q42. What is the margin offered by IDBI Capital on Equity Options? 

Ans. IDBI Capital offers No Margin on Buying and Up to 2 times on Intraday selling on equity Options.

Q43. What is the margin offered by IDBI Capital on Currency Futures?

Ans. IDBI Capital offers up to 2 times an intraday margin on Currency futures.

Q44. What is the margin offered by IDBI Capital on Currency Options?

Ans. IDBI Capital offers up to No Margin on Buying and Shorting up to 2 times for Intraday on Currency Options.

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Q45.  What are the disadvantages of IDBI Capital?

Ans. Some of the disadvantages of IDBI Capital are:

  • IDBI Capital provides a mediocre mobile trading application. The application needs a lot of modifications and optimization in terms of stability, performance, and features.
  • It offers an average performance in providing research reports, tips, and technical analysis.
  • This full-service broker compromises in providing a limited number of communications to its clients.
  • The brokerage is a bit higher at low investments and turnover.
  • Commodity trading is not always allowed. 

Q46. What are the advantages of IDBI Capital?

Ans. Some of the advantages of IDBI Capital are:

  • As we all know, IDBI Capital is a bank based full-service broker. It offers additional trust in the mind of the investors.
  • The main advantage as a client you will get a 3 in 1 account with this broker with all banking facilities included.
  • This broker offers various trading platforms, and all of them are in house developed. It offers great products for all types of investors.
  • It offers detailed and accurate research reports, both fundamental and technical segments.
  • There are various brokerage plans offered to its users, based on the initial deposit and total turnover on the stock market.
  • IDBI Capital both banking and trading facilities for NRIs.

Q47. What is the flat classic brokerage charge of IDBI Capital on Equity Delivery?

Ans. 0.50% is the flat classic brokerage charge of IDBI Capital on Equity Delivery.

Q48. What is the flat classic brokerage charge of IDBI Capital on Equity Intraday?

Ans. 0.08% is the flat classic brokerage charge of IDBI Capital on Equity Intraday

Q49. What is the flat classic brokerage charge of IDBI Capital on Equity Futures?

Ans. 0.08% is the flat classic brokerage charge of IDBI Capital on Equity futures.

Q50. What is the flat classic brokerage charge of IDBI Capital on Equity Options?

Ans. Rs. 100 per Lot is the flat classic brokerage charge of IDBI Capital on Equity Options.

Q51. What is the flat classic brokerage charge of IDBI Capital on Currency Options?

Ans. The flat classic brokerage charge of IDBI Capital on Currency options is totally free.

Q52. What is the flat classic brokerage charge of IDBI Capital on Currency Futures?

Ans. 0.08% is the flat classic brokerage charge of IDBI Capital on Currency Futures.

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