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Nirmal Bang Complaints

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Incorporated in 1986, Nirmal Bang Securities Pvt Ltd., (Nirmal Bang) is amongst the top full-service broking houses, offering various financial products and services. The Nirmal Bang group of companies was founded by Nirmal Bang, Dilip Bang and Kishore Bang. Nirmal Bang offers trading services in equities, derivatives, commodities and currency. Stock trading is offered to retail clients through multiple channels including online trading in the BSE and the NSE. In addition to those services, the... Know more about Nirmal Bang

Complaint against Nirmal Bang Broker

Nirmal Bang brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Nirmal Bang customers. The Nirmal Bang complaints report analyzes the Nirmal Bang online complaint data provided by BSE and NSE. This report shows the health of the broker.

These complaints are serious grievances against Nirmal Bang broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.

The Nirmal Bang complaint no. report also provides Nirmal Bang’s number of active clients. This shows the growth of the broker year on year.

Nirmal Bang Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2023-24 1 20,746
NSE 2023-24 17 129,263
BSE 2022-23 2 40,946
NSE 2022-23 61 127,169
BSE 2021-22 8 39,491
NSE 2021-22 50 133,686
BSE 2020-21 2 36,217
NSE 2020-21 61 123,213
BSE 2019-20 9 35,781
NSE 2019-20 71 95,618
BSE 2018-19 4 31,318
NSE 2018-19 81 96,070
BSE 2017-18 14 55,428
NSE 2017-18 69 95,918
BSE 2016-17 25 45,037
NSE 2016-17 91 72,795
BSE 2015-16 21 37,951
NSE 2015-16 108 61,362
BSE 2014-15 50 31,409
NSE 2014-15 135 59,283
BSE 2013-14 37 185,337
NSE 2013-14 138 49,797
BSE 2012-13 33 162,862
NSE 2012-13 108 149,043
BSE 2011-12 68 123,010
NSE 2011-12 152 106,440

Nirmal Bang complaint at NSE

Active Clients129263127169133686
Resolved through the exchange145239
Non actionable226
Advised / Opted for arbitration002
Pending for redressal with exchange173
No. of arbitration filed by clients43
Decided by arbitrators in favour of the clients13
Decided by the arbitrators01
Pending for redressal with arbitrators30

Nirmal Bang complaint at BSE

Active Clients207464094639491
Resolved through the exchange128
Non actionable033
Advised / Opted for arbitration000
Pending for redressal with exchange000
No. of arbitration filed by clients000
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators000


  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

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5. amarnath verma   I Like It. |Report Abuse|  Link|July 10, 2020 11:35:50 AMReply
I would like to inform you from 25/03/2020 there was no any kind of purchase from my side.
Where as you are showing trade after 25march 2020 .
Which is wrong trade showing .
Kindly check .
And how can you trade in my account without any confirmation.
This is fraud with my account .
Kindly check and verify .
4. huge c   I Like It. |Report Abuse|  Link|May 7, 2019 6:24:04 PMReply
what are your charges for FNO trading.... for equity options, bank nifty, nifty etc.
i can see variations in the charges charged by you and what you state on the website.
3. Minaxi Jhaveri   I Like It. |Report Abuse|  Link|April 28, 2019 8:28:16 PMReply
I Minaxi Jhaveri opened Demat account with Nirmal Bang to deposit physical shares and after pending work will do trading.But one Santosh who opened my account is trading in my account without my knowledge which is serious. Please don't allow any trading without my call from registered cell
2. Tuhin Bhattacharya   I Like It. |Report Abuse|  Link|March 19, 2019 1:23:48 AMReply
I am opening a sub brokership from Nirmal bang securities Pvt LTD. After 3 years now I am want to closed the franchise. After closing the subbrokership from more than 3 month they are not refunded the security deposit, which was Rs50000. Every time they said that you can receive the money next week. But till now they are not refunded the money. My franchise code was W811, and the franchise was situated at singur.

1. Sudha kumari   I Like It. |Report Abuse|  Link|March 18, 2019 5:20:27 PMReply
My id with nirmalbang is e6480022 and when i opened the a/c the brokerage charges deduct by company is .05 intraday and .5 delevery and when i said to then then he reduced the charge and heavy other charges is imposed by company and in feb 2019 the nirmal bang reported -83500 fund balance but company shows in leadger that your balace is 35000 please resolve my problem as soon as possible unless i force to go to sebi and nse i am trading in nse segment only and i will asked from nse that how much loss i get till now from one month no care is given by the company