Upstox Vs Nirmal Bang Demat Account Comparison

Upstox (formally RKSV) is among the leading online stock brokers in India offering low cost discount stock, current derivatives & commodity broking services at BSE, NSE and MCX. Upstox offering its retail broking services since Jan 2012.

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.

Sunshine Tower, 30 Floor,
Senapati Bapat Marg, Dadar (West),
Mumbai, Maharashtra, India 400013

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

Stock Broking and Depository Participants (DP) Services though its memberships with the NSE, BSE, MCX and CDSL.

• 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 249

Nil

Rs 150

• 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 2.00 per certificate plus courier charges of Rs 35 per demat request

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

Rs 25 per certificate or 0.05% of the value whichever is higher.

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

Rs 13 + Rs 5.50 (CDSL charges) per scrip.

Rs 15 or 0.03% whichever is higher

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Rs 100 or 0.02% whichever is higher

0.02% of the transaction charges subject to a minimum of Rs 50 plus NSDL / CDSL charges at actual.

Nil

0.05% of the transaction charges subject to a minimum of Rs 50

Rs 100 or 0.02% whichever is higher

Rs 50 per transaction

Nil

1. Demat Rejection Charges: Rs 35 per rejection for every 500 gms.
2. Adhoc / Non periodic statement requests: Rs 25 (Rs 500 for foreign address) per request upto 10 pages. Every additional 5 pages or a portion thereof will be charged at Rs 10 plus courier / postage charges.
3. Cheque Bounce charges: Charges will be applied based on charges as determined by our bankers.