Nirmal Bang Vs RMoney (Compare Nirmal Bang and RMoney)
The side-by-side comparison of Nirmal Bang and RMoney. Compare Nirmal Bang Vs RMoney brokerage, charges, exposure margin, demat account. Read RMoney and Nirmal Bang review.
Find out Nirmal Bang Vs RMoney which is better and Nirmal Bang Vs RMoney which is best.
Our Nirmal Bang Securities Pvt Ltd comparison with Raghunandan Capital Pvt Ltd highlights the major differences between two brokers. Find the best between Nirmal Bang and RMoney.
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...
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds...
Type of Broker
Full Service Broker
Discount Broker
Supported Exchnage
BSE, NSE, MCX, NCDEX, NMCE
BSE, NSE, MCX, NCDEX
Account Type
Basic Plan
Zero Brokerage Plans
Broker Enquiry
Year of Incorporation
1986
Number of Branches
2000
Nirmal Bang Vs RMoney Charges
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Trading Account Opening Fees
Rs 0
₹0 (Free)
Trading Account AMC
Rs 0
₹0 (Free)
Demat Account Opening Fees
Rs 0
₹0 (Free)
Demat Account AMC
Rs 200
₹0 for lifetime (Free)
Demat Account is Mandatory?
No
No
Nirmal Bang Vs RMoney Brokerage
Brokerage Plan 1
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Account Type
Basic Plan
Zero Brokerage Plans
Fixed Charges
NA
Equity Delivery Brokerage
0.2%
₹0 (Free)
Equity Intraday Brokerage
0.02%
₹18 per executed order or .01% whichever is lower
Equity Futures Brokerage
0.02%
₹18 per executed order or .01% whichever is lower
Equity Options Brokerage
Rs 35
₹18 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage
0.02%
₹18 per executed order or .01% whichever is lower
Currency Options Trading Brokerage
Rs 20
₹18 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage
0.01%
₹18 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Brokerage Plan 2
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Account Type
Basic Plan
Happy Service Plan
Fixed Charges
NA
NA
Equity Delivery Brokerage
0.2%
0.10% to 0.40%
Equity Intraday Brokerage
0.02%
0.01% to 0.04%
Equity Futures Brokerage
0.02%
0.005% to 0.02%
Equity Options Brokerage
Rs 35
₹20 to ₹80 per lot
Currency Futures Trading Brokerage
0.02%
0.005% to 0.02%
Currency Options Trading Brokerage
Rs 20
0.005% to 0.02%
Commodity Futures Trading Brokerage
0.01%
0.005% to 0.02%
Commodity Options Trading Brokerage
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹100 per month per segment
Call & Trade Charges
₹0 (Unlimited Calls)
Nirmal Bang Vs RMoney Taxes
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital 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.
Nirmal Bang Vs RMoney Transaction Charges
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Equity Delivery
₹390
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%)
Equity Intraday
₹390
NSE ₹325 per crore | BSE ₹275 per crore (0.00275%
Equity Futures
₹240
NSE ₹250 per crore | BSE ₹110 per crore (0.0011%)
Equity Options
₹5700
NSE ₹7000 per crore (0.07%) | BSE ₹4500 per crore (0.045%)
Currency Futures
₹240
NSE, BSE - ₹150 per crore (0.0015%)
Currency Options
₹5700
NSE, BSE - ₹7500 (on premium) per crore (0.075%)
Commodity
₹250
MCX ₹325 (0.00325%) | NCDEX ₹600 per Cr(0.006%)
Nirmal Bang Vs RMoney Exposure Margin
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Equity Delivery
upto 10x
Zero Brokerage Plan: 1x | Happy Service Plan: 3x (balance on T+5)
Equity Intraday
Upto 4x
20x (5%) (Intraday Only)
Equity Futures
Upto 4x
Stock Intraday 40x (2.5%), Index Intraday: 67x (1.5%)
Equity Options
Upto 2x for shorting
Stock Sell Intraday 40x (2.5%), Index Sell Intraday 67x (1.5%), Buy: No margin
Currency Futures
Upto 2x for shorting
Intraday - 100X (1%)
Currency Options
Upto 3x
Intraday - 100X (1%)
Commodity Futures
Upto 3x
Intraday - 77X (1.3%)
Commodity Options
Nirmal Bang and RMoney Feature Comparison
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
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
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications)
Intraday Square-off Time
3:15
Equity 3:15 PM
Other Features
Referral Program
Nirmal Bang Vs RMoney Review
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
14 Customer Reviews
3 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
RMoney is Rated 4.0 / 5 based on 3 customer reviews
Contact Broker / Request A Call Back
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Contact / Request Call Back
Nirmal Bang Vs RMoney Investment Options
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Corporate FD, Life Instance, General Insurance
Nirmal Bang Vs RMoney Customer Service
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
24/7 Customer Service
Onine Live Chat
Through Branches
Nirmal Bang Vs RMoney Order Type Offered
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Nirmal Bang Vs RMoney Research Report
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Nirmal Bang Vs RMoney Suitable For Investor Type
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Casual Investor
Active Investor
Trader
Nirmal Bang Vs RMoney - Advantages and Disadvantages
Nirmal Bang Securities Pvt Ltd
Raghunandan Capital Pvt Ltd
Pros
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
Unlimited monthly/yearly trading plans are not available. i.e. Rs 1999 for unlimited equity trading in a month.
RMoney QUICK Mobile Trading app is under active development. The app has performance and stability issues. App also missing key features which are part of competitor's trading app.
Get free lifetime free AMC demat account and pay flat ₹18 brokerage. In addition, get free account opening and free call & trade. To open an account, simply leave your contact information and RMoney representatives will call you.
Zerodha
Zero Account Opening Fee