Nirmal Bang Vs Destimoney Demat Account Comparison

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.

Destimoney Securities Pvt. Ltd. is a member of the Bombay Stock Exchange, National Stock Exchange and offers depository services to its clients through CDSL.

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

6Th Floor, A Wing Tech Web Centre, New Link Road Oshiwara, Jogeshwari-West Mumbai Maharashtra India-400102

• 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

At actuals

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

Rs 240 (Per Annum) For Individuals (payable in advance on an anniversary basis) Rs 750 (Per Annum) For Corporate - Yearly Pro-rata basis

Life Time free AMC scheme

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

NIL

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

Rs 5 per certificate plus Rs 25 per request

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

Rs 12 per 100 securities or part quantity or Rs 12 per cert. whichever is higher Plus Rs 25 per Request Restat SOA / Redemption 1) For conversion of MF units into SOA (stmt of a/c)

2.For redemption of MF units 0.04% of redemption value OR Rs 20 per transaction whichever is higher

Rs 15 or 0.03% whichever is higher

0.04% of the market value of securities subject to a minimum of Rs 20 per request (Whichever is higher)

Rs 100 or 0.02% whichever is higher

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

Nil

NIL

Rs 100 or 0.02% whichever is higher

0.04% of the market value of securities subject to a minimum of Rs 30 per request (Whichever is higher)

Nil

NIL

NIL