ICICIdirect Vs Nirmal Bang Demat Account Comparison

ICICI Bank is India's largest private sector bank with total assets of Rs. 6,461.29 billion (US$ 103 billion) at March 31, 2015 and profit after tax Rs. 111.75 billion (US$ 1,788 million) for the year ended March 31, 2015. ICICI Bank currently has a network of 4,050 Branches and 12,817 ATM`s across India.

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.

ICICI Bank Tower, 5Th Flr South Wing,
Tower ii, Plt No 12 Financil Dist,
Gachibowli Hyderabad,
Andhra Pradesh, India - 500032

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

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

• 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

Stamp Duty at actuals

Nil

For Individual account: ₹700 p.a.

For Corporate account: ₹1500 p.a.

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

₹0 for ICICI Bank customers.

₹7500 for Non ICICI BANK customers.

Life Time free AMC scheme

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

₹50 Per Demat Request Form and ₹10 For Each Certificates

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

₹25 + CDSL charges at actual

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

For Normal Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30)

For Debt instruments Market & Off Market sell (0.04% of trans value for each CID)(subject to minimum ₹30 & maximum ₹25,000 )

Rs 15 or 0.03% whichever is higher

0.02% or minimum of ₹35

Rs 100 or 0.02% whichever is higher

0.02% or minimum of ₹35

Nil

0.02% or minimum of ₹35

Rs 100 or 0.02% whichever is higher

Nil

₹200 for restoring services if account is suspended for non payment of charges.