Karvy vs Nirmal Bang

Karvy vs Nirmal Bang - side-by-side comparison . Compare Karvy vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Karvy vs Nirmal Bang review.

Detailed comparison Karvy vs Nirmal Bang and find out which is better in Karvy vs Nirmal Bang .

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Karvy

Nirmal Bang

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Trading Account Opening Fee ₹650 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹420 ₹200 (First Year Free)
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Equity Delivery 0.30% 0.20%
Equity Intraday 0.03% 0.02%
Equity Future 0.03% 0.02%
Equity Options ₹30 per lot ₹35 per lot
Currency Futures 0.03% 0.02%
Currency Options ₹30 per lot ₹20 per lot
Monthly Fee NA NA
Commodity 0.03% 0.01%

Contact Broker

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Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back

Transaction Charges (Per Crore)

Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Equity Delivery ₹325 ₹390
Equity Intraday ₹325 ₹390
Equity Future * ₹230 ₹240
Equity Options * ₹5500 ₹5700
Currency Futures * ₹325 ₹240
Currency Options - ₹5700

Other Charges

Miscellaneous charges, minimum fees and add-on service rates.

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Minimum Brokerage 0.01% 0.2%
Call & Trade Yes Yes
Stamp Duty * State wise Charges as per the state of residence
DP Charges (on sell side) - 0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Trading Platform OMNESYS NEST - Web, Trader, KarvyOnline mobile app ODIN Trading Terminal, Net Net Web, Beyond Mobile App
Placing orders through charts No -
Trading Alerts No Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives No Yes
Unique features & Offers Ask the expert, The Finapolis -
Referral Program NA -

Demat Account Charges

Find charges for the best Demat Account for small investors

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Depository Service Provider CDSL & NSDL CDSL & NSDL
Account Opening Fee

Nil

Nil

Advance Deposit

Nil

Life Time free AMC scheme

Individual Account: ₹1000 One time

Corporate Account: ₹2500 One time + ₹500 CDSL AMC (Per Year)

AMC

Individuals Account (other than NRI): ₹500 per year

NRI Account: ₹1500 per year

Corporate Account: ₹5,000 per year

Foreign Corporate Body Account: ₹10,000 per year

₹200 from 2nd year

Dematerialisation Charges

₹5 per certificate + ₹40 for courier charges;

For BSDA Accounts: ₹10 per certificate + ₹50 courier charges

₹40 (For every 50 certificate)

Rematerialisation Charges

₹20 for every 100 securities or ₹20 per certificate whichever is higher

₹15 per certificate or 0.04% of the value of the securities requested for remat whichever is higher

Transaction Charges (Credit) - -
Transaction Charges (debit)

Sold through Karvy (for Karvy POA registered Account): ₹12 per instruction

For all other transactions ₹30 per instruction upto a value of ₹30,000 or part thereof, ₹10 for every additional value of ₹30,000 or part thereof, subject to Minimum of ₹30 and Maximum of ₹1000 per instruction;

For BSDA Accounts: ₹100 per instruction;

For Corporate Accounts (including Foreign Corporate Body accounts): 0.04% of the value of securities, Minimum ₹100 per instructio

₹25 or 0.03% whichever is higher

Pledge Creation Charges

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

₹100 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

Nil

Pledge Invocation Charges

0.03% of value of securities, Minimum ₹100 and a Maximum of ₹5000 Per instruction

₹100 or 0.02% whichever is higher

Failed Instruction Charges

₹100 per instruction

Nil

Other Charges

₹100 per Demat Rejection

₹100 per Client Modification Request

₹100 per DIS Lost Request

₹100 per request for physical statements

-

Basic Details

Basic Details of Brokers

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Year of Incorporation 1990 1986
Active Exchange Memberships NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Demat Services NSDL & CDSL CDSL & NSDL
Website www.karvyonline.com www.nirmalbang.com
Contact Details 18004258283 +91-22-68207000
Total Number of Clients 2,60,000+ 92,900
Total Number of Branches 460+ branch offices 16 states

Charts and Data

Charts and Data

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Live data source NSE, BSE, MCX BSE, NSE
Advanced Charting tools Yes Yes
Multi-Chart Setup Yes -
No.of indicators 64+ -
No.of charts can be opened 4 -
Live Scanners Yes Yes
Customizable screeners No Yes
Trading from charts No -
Compare Symbol performance on Chart No -
Options charts Yes -
Continuous futures charts Yes -
Intraday historical data for charts Yes Yes
End of Day historical data for charts Yes Yes
Corporate action adjusted charts No Yes
Back Testing No Yes
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics No -
Price Ladder No -

Leverage

Leverage

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Cover Orders (CO) Yes No
Bracket orders / One Cancels Other (BO / OCO) Yes No
After Market Orders (AMO) Yes No

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
Retail Brokerage Plan Basic Plan
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP Rs.25,000 to Rs.50,000 ₹50,000 to ₹2,50,000

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Karvy Stock Broking Ltd Nirmal Bang Securities Pvt Ltd
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