Aditya Birla Money Vs Nirmal Bang (Compare Aditya Birla Money and Nirmal Bang)
The side-by-side comparison of Aditya Birla Money and Nirmal Bang. Compare Aditya Birla Money Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Aditya Birla Money review.
Find out Aditya Birla Money Vs Nirmal Bang which is better and Aditya Birla Money Vs Nirmal Bang which is best.
Our Aditya Birla Money Ltd comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Aditya Birla Money and Nirmal Bang.
Aditya Birla Money Vs Nirmal Bang
Aditya Birla Money
Nirmal Bang
Find more info about broker
About the Broker
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and i...
Incorporated in 1986, Nirmal Bang Securities Pvt Ltd., (Nirmal Bang) is amongst the top full-service broking houses, offering various financial products and services. The Nirmal Bang group of companies was founded by Nirmal Bang, Dilip Bang and Kisho...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX, NMCE
Account Type
Basic Plan
Broker Enquiry
Year of Incorporation
1994
1986
Number of Branches
800
2000
Enquire Aditya Birla Money
Enquire Nirmal Bang
Aditya Birla Money Vs Nirmal Bang Charges
Aditya Birla Money
Nirmal Bang
Trading Account Opening Fees
₹750
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹436
₹200
Demat Account is Mandatory?
No
No
Aditya Birla Money Vs Nirmal Bang Brokerage
Brokerage Plan 1
Aditya Birla Money
Nirmal Bang
Account Type
Basic Plan
Fixed Charges
Equity Delivery Brokerage
0.30%
0.2%
Equity Intraday Brokerage
0.03%
0.02%
Equity Futures Brokerage
0.03%
0.02%
Equity Options Brokerage
₹50 per lot
₹35
Currency Futures Trading Brokerage
0.03%
0.02%
Currency Options Trading Brokerage
₹50 per lot
₹20
Commodity Futures Trading Brokerage
0.03%
0.01%
Commodity Options Trading Brokerage
Nil
Special Offer
Other Charges
Minimum Brokerage Charges
₹20 per executed order
Other Brokerage Charges
Call & Trade Charges
Nil
Aditya Birla Money Vs Nirmal Bang Taxes
Aditya Birla Money
Nirmal Bang
Securities Transaction Tax (STT)
Equity Intraday 0.025% (on Sell trade) Equity Delivery 0.1% (on Buy and Sell) Equity Futures 0.01% (on Sell trade) Equity Options 0.05% (on Sell trade premium) or 0.125% (on excersied options) Currency Futures Nil Currency Options Nil Commodities 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Aditya Birla Money Vs Nirmal Bang Transaction Charges
Aditya Birla Money
Nirmal Bang
Equity Delivery
₹325 per Cr (0.00325%)
₹390
Equity Intraday
₹325 per Cr (0.00325%)
₹390
Equity Futures
₹190 per Cr (0.0019%)
₹240
Equity Options
₹5000 per Cr (0.05%) (on premium)
₹5700
Currency Futures
₹110 per Cr (0.0011%)
₹240
Currency Options
₹4000 per Cr (0.04%) (on premium)
₹5700
Commodity
MCX - ₹300 per Cr (0.003%) | NCDEX - ₹400 per Cr (0.004%)
₹250
Aditya Birla Money Vs Nirmal Bang Exposure Margin
Aditya Birla Money
Nirmal Bang
Equity Delivery
Upto 5x with interest
upto 10x
Equity Intraday
15x for A & B grp approved stock, up to 40X on selected Nifty 50 stocks for Trade 40X product
Upto 4x
Equity Futures
Upto 3x
Upto 4x
Equity Options
Nil
Upto 2x for shorting
Currency Futures
3x
Upto 2x for shorting
Currency Options
Nil
Upto 3x
Commodity Futures
4x
Upto 3x
Commodity Options
Aditya Birla Money and Nirmal Bang Feature Comparison
Aditya Birla Money
Nirmal Bang
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform
Etrade, Advanced web, Mobile invest
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:15
3:15
Other Features
Insurance and Pension scheme available
Referral Program
Aditya Birla Money Vs Nirmal Bang Review
Aditya Birla Money
Nirmal Bang
13 Customer Reviews
15 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Aditya Birla Money is Rated 2.7 / 5 based on 13 customer reviews Nirmal Bang is Rated 2.5 / 5 based on 15 customer reviews
Aditya Birla Money Vs Nirmal Bang Investment Options
Aditya Birla Money
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Mutual Funds
Aditya Birla Money Vs Nirmal Bang Customer Service
Aditya Birla Money
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
Aditya Birla Money Vs Nirmal Bang Order Type Offered
Aditya Birla Money
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Aditya Birla Money Vs Nirmal Bang Research Report
Aditya Birla Money
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Aditya Birla Money Vs Nirmal Bang Suitable For Investor Type
Aditya Birla Money
Nirmal Bang
Casual Investor
Active Investor
Trader
Aditya Birla Money Vs Nirmal Bang - Advantages and Disadvantages
Aditya Birla Money
Nirmal Bang
Pros
ABM offers 2 in 1 account which is Trading cum Demat account
No Call and Trade charges
Fund transfer facility available from more than 11 banks
ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
More Advantages...
Low bandwidth option for anywhere access
Free research report subscription
24X7 access to back-office
Instant Fund transfer
Multiple market watch facility with streaming quotes (Live Market Rates*)
Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis
More Advantages...
Cons
Doesn't offer online account opening facility
Brokerage calculator is not available
Doesn't have Referral program
More Disadvantages...
Nirmal Bang doesn't offer 3 in 1 account.
Brokerage rates are negotiable.
Nirmal Bang doesn't have Brokerage calculator and Margin Calculator.
Instant Fund withdrawal is not available
Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.
More Disadvantages...
Reviews
Promo / Offers
Zerodha
Zero Account Opening Fee