IDBI Capital Vs Nirmal Bang (Compare IDBI Capital and Nirmal Bang)
The side-by-side comparison of IDBI Capital and Nirmal Bang. Compare IDBI Capital Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and IDBI Capital review.
Find out IDBI Capital Vs Nirmal Bang which is better and IDBI Capital Vs Nirmal Bang which is best.
Our IDBI Capital Markets and Securities Ltd comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between IDBI Capital and Nirmal Bang.
IDBI Capital Vs Nirmal Bang
IDBI Capital
Nirmal Bang
Find more info about broker
About the Broker
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Part...
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, NSDL
BSE, NSE, MCX, NCDEX, NMCE
Account Type
Standard Plan
Basic Plan
Broker Enquiry
Year of Incorporation
1993
1986
Number of Branches
14
2000
Enquire IDBI Capital
Enquire Nirmal Bang
IDBI Capital Vs Nirmal Bang Charges
IDBI Capital
Nirmal Bang
Trading Account Opening Fees
₹500
₹0
Trading Account AMC
NIL
₹0
Demat Account Opening Fees
NIL
₹0
Demat Account AMC
₹450
₹200
Demat Account is Mandatory?
No
No
IDBI Capital Vs Nirmal Bang Brokerage
Brokerage Plan 1
IDBI Capital
Nirmal Bang
Account Type
Standard Plan
Basic Plan
Fixed Charges
Equity Delivery Brokerage
0.50%
0.2%
Equity Intraday Brokerage
0.05%
0.02%
Equity Futures Brokerage
0.05%
0.02%
Equity Options Brokerage
₹100 per lot
₹35
Currency Futures Trading Brokerage
NA
0.02%
Currency Options Trading Brokerage
NA
₹20
Commodity Futures Trading Brokerage
NA
0.01%
Commodity Options Trading Brokerage
NA
Special Offer
Brokerage Plan 2
IDBI Capital
Nirmal Bang
Account Type
Ace Trader Plan
Basic Plan
Fixed Charges
NA
Equity Delivery Brokerage
0.10% to 0.50%
0.2%
Equity Intraday Brokerage
0.020% to 0.050%
0.02%
Equity Futures Brokerage
0.020% to 0.048%
0.02%
Equity Options Brokerage
₹100 per lot
₹35
Currency Futures Trading Brokerage
0.02%
Currency Options Trading Brokerage
₹20
Commodity Futures Trading Brokerage
0.01%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹25 per trade or 2.5% of the trade value whichever is lower.
Other Brokerage Charges
Call & Trade Charges
Nil
IDBI Capital Vs Nirmal Bang Taxes
IDBI Capital
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.
IDBI Capital Vs Nirmal Bang Transaction Charges
IDBI Capital
Nirmal Bang
Equity Delivery
0.00325%
₹390
Equity Intraday
0.00325%
₹390
Equity Futures
0.0019%
₹240
Equity Options
0.051% on premium
₹5700
Currency Futures
NA
₹240
Currency Options
NA
₹5700
Commodity
NA
₹250
IDBI Capital Vs Nirmal Bang Exposure Margin
IDBI Capital
Nirmal Bang
Equity Delivery
Nil
upto 10x
Equity Intraday
Upto 4x
Upto 4x
Equity Futures
Nil
Upto 4x
Equity Options
Nil
Upto 2x for shorting
Currency Futures
Nil
Upto 2x for shorting
Currency Options
Nil
Upto 3x
Commodity Futures
Nil
Upto 3x
Commodity Options
IDBI Capital and Nirmal Bang Feature Comparison
IDBI Capital
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
Power Pro, Power Streaming, IDBI Direct
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:00 PM
3:15
Other Features
Morning Report, Equity SIP, Investment Guide
Referral Program
IDBI Capital Vs Nirmal Bang Review
IDBI Capital
Nirmal Bang
37 Customer Reviews
14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
IDBI Capital is Rated 2.8 / 5 based on 37 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
IDBI Capital Vs Nirmal Bang Investment Options
IDBI Capital
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
IDBI Capital Vs Nirmal Bang Customer Service
IDBI Capital
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
IDBI Capital Vs Nirmal Bang Order Type Offered
IDBI Capital
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
IDBI Capital Vs Nirmal Bang Research Report
IDBI Capital
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
IDBI Capital Vs Nirmal Bang Suitable For Investor Type
IDBI Capital
Nirmal Bang
Casual Investor
Active Investor
Trader
IDBI Capital Vs Nirmal Bang - Advantages and Disadvantages
IDBI Capital
Nirmal Bang
Pros
- Prepaid plans are available for volume traders.
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
- Additional charge of ₹2000 per year for installable trading platform.
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
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