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Nirmal Bang Vs Paytm Money (Compare Nirmal Bang and Paytm Money)


Nirmal Bang Securities Pvt Ltd Logo

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... Know more about Nirmal Bang Securities Pvt Ltd


Paytm Money Limited Logo

Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Nirmal Bang Vs Paytm Money

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. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Nirmal Bang Paytm Money
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX, NCDEX, NMCE NSE and BSE
Year of Incorporation 1986 2017
Number of Branches 2000 1
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Nirmal Bang Vs Paytm Money Charges & AMC

Nirmal Bang trading account opening charges is Rs 0 while Paytm Money account opening changes is Rs 0. Nirmal Bang Demat Account AMC Charges is Rs 200 and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Nirmal Bang Paytm Money
Trading Account Opening Charges Rs 0 Rs 0
Trading Account AMC Charges Rs 0 Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 200 Rs 0 (Free)
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Nirmal Bang Vs Paytm Money Brokerage Charges & Plans

Nirmal Bang Vs Paytm Money Brokerage

Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02% whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

  Nirmal Bang Paytm Money
Account Type Basic Plan Standard Plan
Fixed Charges NA NA
Equity Delivery 0.2% Rs 0 (Free)
Equity Intraday 0.02% Lower of 0.05% or Rs 10 per executed order
Equity Futures 0.02% Rs 10 per executed order
Equity Options Rs 35 Rs 10 per executed order
Currency Futures 0.02%
Currency Options Rs 20
Commodity Futures 0.01%
Commodity Options
Special Offer
Special Offer: ₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer

Nirmal Bang Charges Vs Paytm Money

Minimum Brokerage Rs 0.01 per executed order on Equity Delivery trades
Other Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 300
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Nirmal Bang Vs Paytm Money Transaction Charges

Nirmal Bang transaction charges for options is Rs 5700 while Paytm Money exchange transaction charges for options is Rs 5,000 per Cr (0.05%).

  Nirmal Bang Paytm Money
Equity Delivery Rs 390 NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday Rs 390 NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures Rs 240 Rs 190 per Cr (0.0019%)
Equity Options Rs 5700 Rs 5,000 per Cr (0.05%)
Currency Futures Rs 240
Currency Options Rs 5700
Commodity Rs 250
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Nirmal Bang Vs Paytm Money Leverage (Margin)

Nirmal Bang margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Nirmal Bang Paytm Money
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Nirmal Bang and Paytm Money Features

The trading platforms offered Nirmal Bang include Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Nirmal Bang Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 3:15 PM
Other Features
Referral Program
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Nirmal Bang Vs Paytm Money Review

Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews whereas Paytm Money is rated 3.4 of 5 based on 17 customer reviews.

  Nirmal Bang Paytm Money
  19 Customer Reviews    Rate Nirmal Bang 17 Customer Reviews    Rate Paytm Money
Fees 3.6 3.4
Brokerage 3.5 3.9
Trading Platform 2.6 3.6
Customer Service 2.3 2.5
Research Capabilities 3.0 3.2
Overall Ratings Rated 2.6 stars Rated 3.4 stars
Broker Rating Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews Paytm Money is rated 3.4 of 5 based on 17 customer reviews
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Contact Broker / Request A Call Back

  Nirmal Bang Enquire Paytm Money Enquire
Contact Broker Leave your contact information and we will get in touch with you....
₹0 account opening fee + ₹300 of free brokerage + Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades + ₹0 Demat AMC. Get the offer
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Nirmal Bang Vs Paytm Money Investment Options

  Nirmal Bang Paytm Money
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund
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Nirmal Bang Vs Paytm Money Order Type Offered

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

  Nirmal Bang Paytm Money
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Nirmal Bang Vs Paytm Money Suitable For Investor Type

  Nirmal Bang Paytm Money
Casual Investor Yes
Active Investor Yes
Trader Yes
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Nirmal Bang Vs Paytm Money - Pros and Cons

  Nirmal Bang Paytm Money
Pros
  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
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  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.
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

Free Equity Delivery Trades for Life and More...

  • ₹0 account opening fee +
  • ₹300 of free brokerage +
  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +
  • ₹0 Demat AMC

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

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Nirmal Bang Paytm Money
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