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Kotak Securities Vs Nirmal Bang (Compare Kotak Securities and Nirmal Bang)

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

Find out Kotak Securities Vs Nirmal Bang which is better and Kotak Securities Vs Nirmal Bang which is best.

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

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Kotak Securities Vs Nirmal Bang

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
 
Kotak Securities Ltd Logo Nirmal Bang Securities Pvt Ltd Logo
About the Broker Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh cu... Know more about Kotak Securities Ltd 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, NCDEX BSE, NSE, MCX, NCDEX, NMCE
Account Type Fixed Brokerage Plan Basic Plan
Broker Enquiry Open an Online Trading Account with Kotak Securities. 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 1994 1986
Number of Branches 1209 2000
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Kotak Securities Vs Nirmal Bang Charges

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Trading Account Opening Fees ₹750 Rs 0
Trading Account AMC ₹0 Rs 0
Demat Account Opening Fees ₹0 Rs 0
Demat Account AMC ₹600 Rs 200
Demat Account is Mandatory? No No
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Kotak Securities Vs Nirmal Bang Brokerage

Brokerage Plan 1

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Account Type Fixed Brokerage Plan Basic Plan
Fixed Charges
Equity Delivery Brokerage 0.49% 0.2%
Equity Intraday Brokerage 0.049% (both side) 0.02%
Equity Futures Brokerage 0.049% (both side) 0.02%
Equity Options Brokerage ₹300 per lot Rs 35
Currency Futures Trading Brokerage 0.02%
Currency Options Trading Brokerage Rs 20
Commodity Futures Trading Brokerage 0.070% 0.01%
Commodity Options Trading Brokerage

Brokerage Plan 2

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Account Type Dynamic Brokerage Plan Basic Plan
Fixed Charges NA
Equity Delivery Brokerage 0.59% to 0.30% 0.2%
Equity Intraday Brokerage 0.06% to 0.05% 0.02%
Equity Futures Brokerage 0.07% to 0.05% 0.02%
Equity Options Brokerage 2.5% to 1.8% Rs 35
Currency Futures Trading Brokerage 0.04% or Rs 20 per lot 0.02%
Currency Options Trading Brokerage Rs 20 to Rs 7.5 per lot Rs 20
Commodity Futures Trading Brokerage 0.01%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges ₹21 per executed order
Other Brokerage Charges SMS Alerts at ₹50 per month
Call & Trade Charges ₹20 per call after first 20 free calls in a month
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Kotak Securities Vs Nirmal Bang Taxes

  Kotak Securities Ltd 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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Kotak Securities Vs Nirmal Bang Transaction Charges

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Equity Delivery 0.1% (Buy and Sell) ₹390
Equity Intraday 0.025% (on Sell trade) ₹390
Equity Futures 0.01% (on Sell trade) ₹240
Equity Options 0.05% (on Sell trade premium) or 0.125% (on options) ₹5700
Currency Futures NA ₹240
Currency Options NA ₹5700
Commodity 0.01% on sell side ₹250
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Kotak Securities Vs Nirmal Bang Exposure Margin

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Equity Delivery 1x (no margin) upto 10x
Equity Intraday 50 times Upto 4x
Equity Futures 12 to 15 times Upto 4x
Equity Options Selling: 200 times | Buying: 10 times Upto 2x for shorting
Currency Futures NA Upto 2x for shorting
Currency Options NA Upto 3x
Commodity Futures NA Upto 3x
Commodity Options
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Kotak Securities and Nirmal Bang Feature Comparison

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) No
Trading Platform Website, KEAT ProX Trading Terminal, Kotak Stock Trader (Mobile App), Fastlane, Xtralite Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time 3:15
Other Features 3-in-1 account
Referral Program
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Kotak Securities Vs Nirmal Bang Review

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
  135 Customer Reviews    Rate Kotak Securities 14 Customer Reviews    Rate Nirmal Bang
Fees Ratings 2.5 3.7
Trading Brokerage Rating 2.4 3.5
Trading Platform Usability 3.4 2.7
Customer Service Ratings 3.0 2.5
Overall Ratings Rated 2.6 stars Rated 2.6 stars
Broker Rating Kotak Securities is Rated 2.6 / 5 based on 135 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
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Contact Broker / Request A Call Back

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Contact / Request Call Back
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Kotak Securities Vs Nirmal Bang Investment Options

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

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

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

  Kotak Securities Ltd 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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Kotak Securities Vs Nirmal Bang Suitable For Investor Type

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Casual Investor Yes Yes
Active Investor Yes
Trader
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Kotak Securities Vs Nirmal Bang - Advantages and Disadvantages

  Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Pros
  • Offers 3-in-1 Account (trinity account).
  • Kotak Security is a full services broker offering wide range of investment options and research reports.
  • Kotak Securities has extended network of 1400+ branches across India.
  • It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
  • Kotak offers 5 different trading platforms to fulfill almost all customer requirements.

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
  • The brokerage changed by them of higher than the discount brokers.
  • Commodity trading is available through another company 'Kotak Commodity Services Ltd'.

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...

Reviews
Promo / Offers

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

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