Anand Rathi Vs Nirmal Bang Demat Account Comparison

Incorporated in 1994, AnandRathi is Mumbai based diversified financial services provider offering wide range of products and services to retail and institutional customers across India. Anand Rathi has physical presence at over 1200 locations in India through it offices and franchises. AnandRathi is member of BSE, NSE, MCX, NCDEX, MSEI, CDSL and NSDL.

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.

4th Floor, Silver Metropolis Bld,
Jai Coach Compound, Opp.Bimbisar Nagar,
Goregoan E, Mumbai, Maharashtra, India 400065

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

Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution services in the areas of equities, commodities, mutual funds, structured products, insurance, corporate deposits, bonds & loans and Depository Services (CDSL and NSDL)

• 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

Nil

Nil

• Scheme I: Rs 450 (Free for 1st Year)

• Scheme II : Nil (with credit balance of Rs 3000 (refundable))

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

Nil

Life Time free AMC scheme

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

• Rs 3 per certificate + Rs 35 per request.

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

• Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

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

• Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]

• Off-market Transfer within AnandRathi Minimum Rs 25 and Maximum Rs 500 or 0.025% of the market value

Rs 15 or 0.03% whichever is higher

0.01% of value or min Rs 50 per request

Rs 100 or 0.02% whichever is higher

Nil

Nil

0.01% of value or min Rs 50 per request

Rs 100 or 0.02% whichever is higher

Rs 25 per Instruction

Nil

• For instructions received on same day of Pay-in Rs 25 per scrip will be charged
• Extra statement (other than free monthly): Rs 15 per statement.
• Any Modification: Rs 15 per request