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Geojit Vs Nirmal Bang (Compare Geojit and Nirmal Bang)

The side-by-side comparison of Geojit and Nirmal Bang. Compare Geojit Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Geojit review.

Find out Geojit Vs Nirmal Bang which is better and Geojit Vs Nirmal Bang which is best.

Our Geojit BNP Paribas comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Geojit and Nirmal Bang.

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Geojit Vs Nirmal Bang

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
 
Geojit BNP Paribas Logo Nirmal Bang Securities Pvt Ltd Logo
About the Broker Incorporated in 1987, Geojit BNP Paribas (Geojit) is one of the major stock brokers based in India. Geojit is based in Kochi, Kerala and has the strong presence in Gulf. Geojit BNP Paribas is cash equity and derivatives broker with extensive experie... Know more about Geojit BNP Paribas 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... Know more about Nirmal Bang Securities Pvt Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX-SX BSE, NSE, MCX, NCDEX, NMCE
Account Type Online Trading Basic Plan
Broker Enquiry Open an Online Trading Account with Geojit. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Nirmal Bang. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Geojit Vs Nirmal Bang Charges

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Trading Account Opening Fees Rs 425 Rs 0
Trading Account AMC NIL Rs 0
Demat Account Opening Fees NIL Rs 0
Demat Account AMC Rs 0 Rs 200
Demat Account is Mandatory? No No
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Geojit Vs Nirmal Bang Brokerage

Brokerage Plan 1

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Account Type Online Trading 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 Rs 125 per contract Rs 35
Currency Futures Trading Brokerage 0.03% 0.02%
Currency Options Trading Brokerage Rs 125 per contract Rs 20
Commodity Futures Trading Brokerage NA 0.01%
Commodity Options Trading Brokerage NA

Other Charges

Minimum Brokerage Charges 1p per share or Rs 20/contract whichever is higher
Other Brokerage Charges
Call & Trade Charges
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Geojit Vs Nirmal Bang Taxes

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
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)
  • 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 Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Geojit Vs Nirmal Bang Transaction Charges

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Equity Delivery 0.00325% ₹390
Equity Intraday 0.00325% ₹390
Equity Futures 0.0021% ₹240
Equity Options 0.055% on premium ₹5700
Currency Futures 0.00145% ₹240
Currency Options 0.0473% on premium ₹5700
Commodity NA ₹250
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Geojit Vs Nirmal Bang Exposure Margin

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Equity Delivery Upto 7x with 22% interest per year upto 10x
Equity Intraday Upto 10x Upto 4x
Equity Futures No additional leverage Upto 4x
Equity Options No additional leverage Upto 2x for shorting
Currency Futures No additional leverage Upto 2x for shorting
Currency Options No additional leverage Upto 3x
Commodity NA Upto 3x
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Geojit and Nirmal Bang Feature Comparison

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Selfie Platinum, Selfie Gold, Mobile App Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time 3:15
Other Features
Referral Program
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Geojit Vs Nirmal Bang Review

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
  93 Customer Reviews    Rate Geojit 14 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.7 3.7
Trading Brokerage Rating 3.3 3.5
Trading Platform Usability 4.1 2.7
Customer Service Ratings 3.8 2.5
Overall Ratings Rated 3.8 stars Rated 2.6 stars
Broker Rating Geojit is Rated 3.8 / 5 based on 93 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back
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Geojit Vs Nirmal Bang Investment Options

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Stock / Equity Yes Yes
Commodity No Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance
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Geojit Vs Nirmal Bang Customer Service

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Geojit Vs Nirmal Bang Order Type Offered

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST) No
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
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Geojit Vs Nirmal Bang Research Report

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Geojit Vs Nirmal Bang Suitable For Investor Type

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Casual Investor Yes
Active Investor Yes
Trader
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Geojit Vs Nirmal Bang - Advantages and Disadvantages

  Geojit BNP Paribas Nirmal Bang Securities Pvt Ltd
Pros

More Advantages...

  1. Low bandwidth option for anywhere access
  2. Free research report subscription
  3. 24X7 access to back-office
  4. Instant Fund transfer
  5. Multiple market watch facility with streaming quotes (Live Market Rates*)
  6. Trader can review their Margin Status, Holding Report, Order and Trade Book on a real time basis

More Advantages...

Cons 1. Very high Options trading brokerage charges. Geojit charges Rs 125 per contract for Intraday Options and Rs 150 per contract for Options carry forward positions. 2. Geojit charges minimum brokerage of Rs 20 per Contract or 1 paisa per share whichever is higher. 3. Paper contract note by post cost additional Rs 20 per Contract or 5 paisa per share whichever is higher.

More Disadvantages...

  1. Nirmal Bang doesn't offer 3 in 1 account.
  2. Brokerage rates are negotiable.
  3. Nirmal Bang doesn't have Brokerage calculator and Margin Calculator.
  4. Instant Fund withdrawal is not available
  5. Nirmal Bang is a full services broker so the brokerage charged by them is higher than the discount brokers.

More Disadvantages...

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