Nirmal Bang vs Sharekhan

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

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

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Nirmal Bang

Sharekhan

Account Opening & AMC Charges

Account opening charges and annual maintenance charges (AMC)

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Trading Account Opening Fee ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0
Demat Account AMC * ₹200 (First Year Free) ₹400
Trading Account AMC ₹0 ₹0

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Equity Delivery 0.20% 0.50%
Equity Intraday 0.02% 0.10%
Equity Future 0.02% 0.10%
Equity Options ₹35 per lot ₹100 per lot
Currency Futures 0.02% 0.10%
Currency Options ₹20 per lot ₹30 per lot
Monthly Fee NA NA
Commodity 0.01% 0.10%

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Nirmal Bang Securities Pvt Ltd Sharekhan
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Transaction Charges (Per Crore)

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

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Equity Delivery ₹390 NSE ₹325 | BSE ₹275
Equity Intraday ₹390 NSE ₹325 | BSE ₹275
Equity Future * ₹240 NSE ₹190 | BSE ₹50
Equity Options * ₹5700 NSE ₹5000 | BSE ₹50
Currency Futures * ₹240 NSE ₹135 | MCX ₹130
Currency Options ₹5700 NSE ₹4220 | MCX ₹3220

Other Charges

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

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Minimum Brokerage 0.2% 5 paise per share
Call & Trade Yes ₹0
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) Rs 0
Other Miscellaneous Charges - -

Features

Key features offered by the brokers.

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Trading Platform ODIN Trading Terminal, Net Net Web, Beyond Mobile App TradeTiger Terminal, Sharekhan Website and Mobile App
Placing orders through charts - Yes
Trading Alerts Yes Yes
Research and Advice / Trading Tips Yes Yes
Detailed Education Initiatives Yes Yes
Unique features & Offers - Pattern finder,Class room training
Referral Program - No

Demat Account Charges

Find charges for the best Demat Account for small investors

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Depository Service Provider CDSL & NSDL CDSL
Account Opening Fee

Nil

Actual Stamp Paper Charges

Advance Deposit

Life Time free AMC scheme

Individual Account: ₹1000 One time

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

₹500 Advance which will be adjusted against billing (Optional)

Tariff D - Deposit ₹2999 (refund of deposit ₹2000 on closure)

AMC

₹200 from 2nd year

Scheme A: ₹400,
Scheme B: ₹500,
Scheme C: ₹350,
Scheme D: Nil,
Scheme E: ₹100,
Scheme F: ₹500,
Scheme H: ₹1000,
Scheme G: Nil(holding Value <= ₹50000) or 100(holding Value from ₹50001 to ₹200000)or 400(holding Value >₹200000)

Scheme A, C, E & H: Free for the 1st Year.

Dematerialisation Charges

₹40 (For every 50 certificate)

₹5 per certificate (Min ₹50 per request for Tariff A,B,C,D,E,F & H) (Min ₹100 per request for Tariff G )

Rematerialisation Charges

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

₹50 per certificate or ₹50 for every hundred securities

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

₹25 or 0.03% whichever is higher

Scheme A & B: Sales through Sharekhan: ₹0 Else 0.03% of value of tran(min ₹30),

Scheme C & D: Sales through Sharekhan ₹6 Per tran Else 0.03% of value of tran(min ₹30),

Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min ₹29, H:min ₹30) Else 0.03% of value of tran(min ₹49),

Scheme F: 0.03% of value of tran(min ₹30),

Scheme G: 0.03% of value of tran(min ₹49)

Pledge Creation Charges

₹100 or 0.02% whichever is higher

0.03 % of the value of the Transaction (Min ₹100 per transaction)

Pledge Creation Confirmation Charges

Nil

Nil

Pledge Invocation Charges

₹100 or 0.02% whichever is higher

Nil

Failed Instruction Charges

Nil

Nil

Other Charges -
  1. Freeze /De-freeze - ₹25 per request
  2. Stock lending & Borrowing - 0.02% of the value of the transaction per request (minimum ₹100)
  3. Client Master changes ₹30 per request for Tariff G

Basic Details

Basic Details of Brokers

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Year of Incorporation 1986 2000
Active Exchange Memberships BSE, NSE, MCX, NCDEX NSE, BSE, MCX, NCDEX
Demat Services CDSL & NSDL CDSL
Website www.nirmalbang.com http://www.sharekhan.com
Contact Details +91-22-68207000 022-61150000
Total Number of Clients 92,900 5,04,796+
Total Number of Branches 16 states 2900

Charts and Data

Charts and Data

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
Live data source BSE, NSE Yes
Advanced Charting tools Yes Yes
Multi-Chart Setup - Yes
No.of indicators - 30+
No.of charts can be opened - 10
Live Scanners Yes Yes
Customizable screeners Yes Yes
Trading from charts - Yes
Compare Symbol performance on Chart - No
Options charts - Yes
Continuous futures charts - Yes
Intraday historical data for charts Yes 30 days
End of Day historical data for charts Yes 10 years
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 Sharekhan
Basic Plan Classic Account
Equity Delivery - -
Equity Intraday - -
Equity Futures - -
Equity Options - -
Currency Futures - -
Currency Options - -
Commodity Futures - -
Commodity Options - -

Orders

Orders

Nirmal Bang Securities Pvt Ltd Sharekhan
Basic Plan Classic Account
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 Sharekhan
Basic Plan Classic Account
Availability for franchisee / AP Yes Yes
Investment required for Franchisee / AP ₹50,000 to ₹2,50,000 Rs.50,000

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Nirmal Bang Securities Pvt Ltd Sharekhan
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