Nirmal Bang vs Karvy

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

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

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Nirmal Bang

Karvy

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

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

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

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

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Nirmal Bang Securities Pvt Ltd Karvy Stock Broking Ltd
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Transaction Charges (Per Crore)

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

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

Other Charges

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

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

Features

Key features offered by the brokers.

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

Demat Account Charges

Find charges for the best Demat Account for small investors

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

Nil

Nil

Advance Deposit

Life Time free AMC scheme

Individual Account: ₹1000 One time

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

Nil

AMC

₹200 from 2nd year

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

Dematerialisation Charges

₹40 (For every 50 certificate)

₹5 per certificate + ₹40 for courier charges;

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

Rematerialisation Charges

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

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

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

₹25 or 0.03% whichever is higher

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

Pledge Creation Charges

₹100 or 0.02% whichever is higher

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

Pledge Creation Confirmation Charges

Nil

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

Pledge Invocation Charges

₹100 or 0.02% whichever is higher

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

Failed Instruction Charges

Nil

₹100 per instruction

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

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

Charts and Data

Charts and Data

Nirmal Bang Securities Pvt Ltd Karvy Stock Broking Ltd
Basic Plan Retail Brokerage Plan
Live data source BSE, NSE NSE, BSE, MCX
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 Yes No
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 Yes No
Back Testing Yes No
Options Chain Yes Yes
Heat Maps Yes Yes
Analytics - No
Price Ladder - No

Leverage

Leverage

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

Orders

Orders

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

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

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

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Nirmal Bang Securities Pvt Ltd Karvy Stock Broking Ltd
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