Sharekhan Vs Nirmal Bang Demat Account Comparison

Sharekhan is leading stock broker and financial product distributor in India. With wide network of branches, sub-brokers and franchise, Sharekhan is among the top 3 largest stock broker in India by number of customers.

Nirmal Bang is an online share & stock market trading company in India. Nirmal Bang is member of NSE, BSE, MCX, NCDEX, NSDL and CDSL.

NirmalBang is a full-service stock broker offering personalized services to its customer in their neighborhood through a number of branch offices, sub-brokers and franchisees located across India. Nirmal Bang is among the largest brick and mortar stock broker in India.

Lodha, I - Think,Techno Campus 10Th Flr,
Beta Bldg, Off Jvlr Kanjurmarg (East),
Mumbai, Maharashtra India 400042

B-101, Khandelwal House Poddar Road,
1st Floor, N R Poddar Park, Malad (E),
Mumbai, Maharashtra, India 400097

Demat Account Services:

Account opening demat, remat, repurchase, redemption account transfer instructions, client master changes freezing, de-freezing, account closing transmission, pledge creation, closure, invocation, stock lending & borrowing easi & easiest

• Institutional and retail brokerage of equity, derivatives, commodities and currency
• Online trading
• Depository services
• Initial public offers (IPOs)
• Mutual funds
• Fixed beposits & Bonds
• Dedicated desk for NRIs and institutional clients
• Insurance broking (both life & general)
• Clearing services
• Margin funding
• Investment banking
• Portfolio management
• Wealth advisory & research

Actual Stamp Paper Charges

Nil

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

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

• Individual (Regular Demat Account): Rs 200
• Corporate (Regular Demat Account): Rs 500 + Rs 500 CDSL AMC
• Life Time free AMC scheme: Nil

Rs. 500 Advance which will be adjusted against billing (Optional)

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

Life Time free AMC scheme

• Individual Account: Rs 1000 One time
• Corporate Account: Rs 2500 One time + Rs 500 CDSL AMC (Per Year)

Rs 5 per share certificate (minimum ₹ 50 per request)

Rs 40 Per Demat Request + Rs 40 for additional 50 certificates

Rs 50 per certificate or Rs 50 for every hundred securities

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

1. Scheme A & B: Sales through Sharekhan: Rs 0 Else 0.03% of value of tran(min Rs 30),
2. Scheme C & D: Sales through Sharekhan Rs 6 Per tran Else 0.03% of value of tran(min Rs 30),
3. Scheme E & H: Sales through Sharekhan 0.03% of value of tran (E:min Rs
4. 29,H:min Rs 30) Else 0.03% of value of tran(min Rs 49),
5. Scheme F: 0.03% of value of tran(min Rs 30),
6. Scheme G: 0.03% of value of tran(min Rs 49)

Rs 15 or 0.03% whichever is higher

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

Rs 100 or 0.02% whichever is higher

Nil

Nil

Nil

Rs 100 or 0.02% whichever is higher

Nil

Nil

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