TradeSmart Vs Nirmal Bang Demat Account Comparison

TradeSmart, a venture of VNS finance is a online broker offering discount brokerage services to retail customers in India. TradeSmart offers flat fee and unlimited trading plans for trading in Equity, Currency and Commodities at BSE, NSE and MCX.

With over 17000 customers and daily turnover of over Rs 2500 Cr (as of Dec 2016), TSO is among the top 5 discount stock brokers in 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.

7B, 2nd Floor, Old Oriental Building,
65, M. G. Road, Fort, Mumbai
Maharashtra, India - 400001

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

Online Stock Trading, Depository 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

Rs 500

Nil

1. Individual Account: Rs 300 per year
2. Corporate Account: Rs 800 per year

• 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 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

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

Rs 500 per certificate per market lot of 100 shares or less and minimum Rs 500 per request./p>

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

Rs 25 minimum or 0.02% which ever is higher. In case of BSDA Rs 50 or 0.02% whichever is higher.

Rs 15 or 0.03% whichever is higher

Rs 200 per scrip

Rs 100 or 0.02% whichever is higher

Nil

Nil

Rs 200 minimum or 0.01% which ever is higher

Rs 100 or 0.02% whichever is higher

Nil

Nil

• Late instruction: 0.1% scrip value
• Physical contract note / other statements etc:Rs 20 per contract note + Courier Charges
• Physical transaction statement: Rs 50 per BO statement plus courier charges
• Cheque dishonour charges: Rs 200 per instance
• Offmarket transfer (DP): Rs 25 plus service tax
• Inter DP transfer: Rs 25 plus service tax
• KRA Modification: Rs 35 plus service tax