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Nirmal Bang Margin Exposure Limit, Leverage for Intraday and F&O

1.26% 124,764 Clients

Margin Policy Update

As per the SEBI circular dated November 19, 2019, starting from September 01, 2021, brokers cannot offer additional margin (i.e. 20x) in any segment including intra-day at BSE, NSE and MCX. The margin is now decided by the exchange and remains the same for all brokers. For all intraday product types i.e. MIS, BO, CO trades, the leverage will be the same which is the VAR+ELM margin. Visit New margin requirements in India Stock Market to know more.

Nirmal Bang is a full-service broking house offering investment services across equities, futures & options, IPOs, mutual funds, depository services, commodities, currency derivatives, insurance, and PMS (Portfolio Management Services). The broker also offers margin funding and algo trading facility to investors.

Nirmal Bang also works as a non-banking financial company (NBFC) for stock markets. The group is registered with BSE, NSE, MCX, NMCE, and NCDEX. Nirmal Bang is a depository participant with both NSDL and CDSL for depository services.

The research desk provides daily market reports, technical, equity, commodity, currency, mutual fund and derivatives reports. Nirmal Bang also has a knowledge centre for users who want to understand the stock market and sharpen their trading skills.

Key Features of Nirmal Bang

Trading services across BSE, NSE, Cash and Derivatives segment
Detailed coverage and research reports across 16 diverse sectors and 153 companies
Get international expertise and learn from global practices in the financial markets
A strong network to offer financial services across India and foreign countries
A dedicated research and sales teams
Automated trading facility based on pre-defined parameters

Nirmal Bang- Margin Requirement

To avail margin funding facility with Nirmal Bang, the investors have to open a bank, trading and Demat account with Nirmal Bang. The investors have to maintain a Loan to Value (LTV) ratio minimum at 50%. If the LTV remains below 50% within 5 days, the broker can initiate strict actions as mandated in the terms of the agreement.

When the margin falls below the value, customers have to replenish the amount needs to fulfil shortfall. Else, the broker can liquidate the shares up to the extent of the shortfall. The broker offers margin funding facility to the stocks in the approved list. You can find this list under margin funding-approved list segment on the website.

Nirmal Bang charges interest rate ranging from 8% to 18% per anum for lending against the collateral of shares. Apart from this, clients have to pay Rs 590 cheque as loan documentation charges.

Nirmal Bang Margin

Segment	Trading Margin
Equity Delivery	upto 10x
Equity Intraday	Upto 4x
Equity Future	Upto 4x
Equity Option	Upto 2x for shorting
Currency Future	Upto 2x for shorting
Currency Option	Upto 3x
Commodity Future	Upto 3x
Commodity Option

Frequently Asked Questions

1. Does Nirmal Bang offer margin lending against shares?

Yes, Nirmal Bang is an NBFC which offers margin funding facility against the collateral of shares. The investors have to maintain an LTV ratio of 50% for margin. If the value remains below 50% within 5-days, the broker has rights to liquidate the securities and fulfil the money requirement up to the maintenance margin amount.

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2. What are the benefits of lending against shares?
Here are the benefits accrued by the borrower:
- Dividend, bonus and other corporate actions remain with the borrower
- Interest will be paid only for the utilized amount in a period
- Appreciation in the price of securities which are kept for margin increases the drawing power of the investors
- Online access to financial statement and holdings online
- Risk monitoring system to aware clients about the shortfall in the margin
- Shares which are idle in the demat account can be used for lending purpose
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