The side-by-side comparison of Karvy and Nirmal Bang. Compare Karvy Vs Nirmal Bang brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best Karvy vs Nirmal Bang?
Karvy
Alert! 25th Nov 2020 - NSE, BSE terminate Karvy's membership.
Alert! Friday, 22 Nov, 2019 SEBI barred Karvy Stock Broking Ltd. from taking on new clients after finding alleged client fraud. Read SEBI Notice and News for more detail.
Note: Karvy will continue serving their existing clients as they were before. They can trade, manage demat accounts, apply in IPO or close the account anytime. Only the new account opening is prohibited.
Karvy Customers,
Nirmal Bang
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 Kishore Bang. Nirmal Bang offers trading services in equities, derivatives, commodities and currency.
Stock trading is offered to retail clients through multiple channels including online trading in the BSE and the NSE. In addition to those services, the...
Incorporated in 1985, Karvy is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 575 branches across India. Incorporated in 1986, Nirmal Bang is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX, NMCE. It has 2000 branches across India.
Karvy trading account opening charges is Rs 650 while Nirmal Bang account opening changes is Rs 0. Karvy Demat Account AMC Charges is Rs 420 and Nirmal Bang Demat Account AMC Charges is Rs 200.
Karvy | Nirmal Bang | |
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Trading Account Opening Charges | Rs 650 | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 420 | Rs 200 |
Karvy brokerage charges for equity is 0.3% and intraday is 0.03% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.
Karvy | Nirmal Bang | |
---|---|---|
Account Type | Retail Brokerage Plan | Basic Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.3% | 0.2% |
Equity Intraday Brokerage | 0.03% | 0.02% |
Equity Futures Brokerage | 0.03% | 0.02% |
Equity Options Brokerage | Rs 30 per lot | Rs 35 |
Currency Futures Trading Brokerage | 0.03% | 0.02% |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 |
Commodity Futures Trading Brokerage | 0.03% | 0.01% |
Commodity Options Trading Brokerage | Rs 30 per lot | |
Special Offer |
Karvy | Nirmal Bang | |
---|---|---|
Account Type | Premium Subscription Plan of 100000 | Basic Plan |
Fixed Charges | Rs 100,000 per year | NA |
Equity Delivery Brokerage | 0.1% | 0.2% |
Equity Intraday Brokerage | 0.01% | 0.02% |
Equity Futures Brokerage | 0.01% | 0.02% |
Equity Options Brokerage | Rs 10 per lot | Rs 35 |
Currency Futures Trading Brokerage | 0.01% | 0.02% |
Currency Options Trading Brokerage | Rs 10 per lot | Rs 20 |
Commodity Futures Trading Brokerage | 0.01% | 0.01% |
Commodity Options Trading Brokerage | Rs 10 per lot |
Minimum Brokerage Charges | Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher | |
Other Brokerage Charges | ||
Call & Trade Charges |
Karvy transaction charges for options is Rs 5500 while Nirmal Bang exchange transaction charges for options is Rs 5700.
Karvy | Nirmal Bang | |
---|---|---|
Equity Delivery | Rs 325 | Rs 390 |
Equity Intraday | Rs 325 | Rs 390 |
Equity Futures | Rs 230 | Rs 240 |
Equity Options | Rs 5500 | Rs 5700 |
Currency Futures | Rs 325 | Rs 240 |
Currency Options | Rs 5700 | |
Commodity | Rs 300 | Rs 250 |
Karvy provides the margin of Upto 20x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.
Karvy | Nirmal Bang | |
---|---|---|
Equity Delivery | Upto 5x with 24% interest per year | upto 10x |
Equity Intraday | Upto 20x | Upto 4x |
Equity Futures | Upto 4x | Upto 4x |
Equity Options | Upto 4x for shorting | Upto 2x for shorting |
Currency Futures | Nil | Upto 2x for shorting |
Currency Options | Nil | Upto 3x |
Commodity Futures | Upto 4x | Upto 3x |
Commodity Options |
The trading platforms offered Karvy include NEST, Karvy Web, Trade Mobile. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.
Karvy | Nirmal Bang | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ![]() |
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Margin Against Shares (Equity F&O) | ![]() |
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Trading Platform | NEST, Karvy Web, Trade Mobile | Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Intraday Square-off Time | 3:15 | 3:15 |
Other Features | Ask the expert, The Finapolis | |
Referral Program |
Karvy is rated 2.0 of 5 based on 24 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 17 customer reviews.
Karvy | Nirmal Bang | |
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Promo / Offers |
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