Geojit Vs Nirmal Bang Demat Account Comparison

Geojit is the Full Service Broker offering savings and investment solutions like Equities, Derivatives , Mutual Funds, Life & General Insurance, third party Fixed Deposits, Portfolio Management services and wealth management.

Geojit is member of NSE and BSE and registered as a depository participant with NSDL and CDSL. The broker is among few broking firms to introduce online trading facility in India. The Broker has strong hold in Gulf countries (UAE, Saudi Arabia, Bahrain, Kuwait or Oman).

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.

34/659 P, 1st Floor, Civil Line Road,
Padivattom Kochi Kerala India - 682024

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

Demat Account Services

• 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

1. Regular Individual Account: RS 600 (Rs 450 electronic communication)
2. NRI Clients: RS 2000 (Rs 750 electronic communication)
3. Corporate Accounts: Rs 1250
4. BSDA clients: Nil for holding value till Rs 50,000. Rs 100 p.a. for holding value from Rs 50,001 to Rs 2,00,000 . Holding value above 2Lakh normal tariff will be applicable

• 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)

Nil + Courier Charges @ Rs 35

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

Rs 10 for every 100 securities or part thereof; or Rs 10 per certificate whichever is higher + courier charges Rs 35 per scrip

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

For Geojit debit:

• 0.02% (subject to a min of Rs 15 & max of Rs 40 per trans), if the delivery is through POA/with DCN or
• 0.02% (subjects to a min of Rs 20 & maxi of Rs 40 per trans), if the delivery is through DIS or POA without DCN.

For other broker debit:

• 0.02% (subject to a min of Rs 50 and max of Rs 100 per Trans)

Off market transaction

• 0.02% (subject to a min of Rs 20 and max of Rs 40 per trans), if the receiving demat account is with Geojit BNP Paribas.
• 0.02% (subject to a minimum of Rs 50 and maximum of Rs 100 per transaction) if receiving demat account is outside Geojit BNP Paribas.

Rs 15 or 0.03% whichever is higher

Rs 50 per trans, Rs 100 per transaction for BSDA clients

Rs 100 or 0.02% whichever is higher

NIL

Nil

Rs 50 per trans Rs 100 for BSDA clients

Rs 100 or 0.02% whichever is higher

NIL

Nil