Nirmal Bang vs Mangal Keshav

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

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

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Nirmal Bang

Mangal Keshav

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Trading Account Opening Fee ₹0 NULL
Demat Account Opening Fee ₹0 NULL
Demat Account AMC * ₹200 (First Year Free) NULL
Trading Account AMC ₹0 NULL

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Equity Delivery 0.20% 0.30%
Equity Intraday 0.02% 0.03%
Equity Future 0.02% 0.03%
Equity Options ₹35 per lot ₹100 per lot
Currency Futures 0.02% 0.03%
Currency Options ₹20 per lot 0.03%
Monthly Fee NA NULL
Commodity 0.01% -

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Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
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Transaction Charges (Per Crore)

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

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Equity Delivery ₹390 ₹325 Per Cr
Equity Intraday ₹390 ₹325 Per Cr
Equity Future * ₹240 ₹190 Per Cr
Equity Options * ₹5700 ₹5000 Per Cr
Currency Futures * ₹240 ₹110 Per Cr
Currency Options ₹5700 ₹4000 Per Cr

Other Charges

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

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Minimum Brokerage 0.2% Null
Call & Trade Yes Null
Stamp Duty * Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.03% (₹15 minimum per transaction) Null
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Trading Platform ODIN Trading Terminal, Net Net Web, Beyond Mobile App ODIN Diet
Placing orders through charts - -
Trading Alerts Yes -
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes No
Unique features & Offers - -
Referral Program - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic 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)

Deposit Scheme? ₹1000/- where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
AMC

₹200 from 2nd year

Scheme

A: ₹750/- Individual Scheme

B: ₹199/- Individual Scheme

C: ₹500/- NRI Scheme

D:₹199/- Plus CDSL Charges for Corporate

Dematerialisation Charges

₹40 (For every 50 certificate)

₹ 150/- Inclusive of Courier Charges + ₹ 100/- Per Certificate
Rematerialisation Charges

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

Upfront ₹ 150/- plus CDSL Charges Inclusive of Courier Charges + ₹ 100/- Per Certificate
Transaction Charges (Credit) - -
Transaction Charges (debit)

₹25 or 0.03% whichever is higher

0.05% On the Value of the Debit Transactions with Minimum ₹100/-
Pledge Creation Charges

₹100 or 0.02% whichever is higher

Charge Charged By the Depository + 0.02% On the Value of the Application
Pledge Creation Confirmation Charges

Nil

NIL
Pledge Invocation Charges

₹100 or 0.02% whichever is higher

Charge Charged By the Depository + 0.02% On the Value of the Application
Failed Instruction Charges

Nil

NIL
Other Charges - NIL

Basic Details

Basic Details of Brokers

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Year of Incorporation 1986 1939
Active Exchange Memberships BSE, NSE, MCX, NCDEX NSE, BSE, MCX, NCDEX
Demat Services CDSL & NSDL CDSL & NSDL
Website www.nirmalbang.com www.mangalkeshav.com/
Contact Details +91-22-68207000 +91 22 6190 8000
Total Number of Clients 92,900 -
Total Number of Branches 16 states 325+ locations

Charts and Data

Charts and Data

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

Leverage

Leverage

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Cover Orders (CO) No -
Bracket orders / One Cancels Other (BO / OCO) No -
After Market Orders (AMO) No -

Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
Basic Plan Basic Plan
Availability for franchisee / AP Yes -
Investment required for Franchisee / AP ₹50,000 to ₹2,50,000 -

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Nirmal Bang Securities Pvt Ltd Mangal Keshav Securities LTD.
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