Religare Vs Nirmal Bang (Compare Religare and Nirmal Bang)
The side-by-side comparison of Religare and Nirmal Bang. Compare Religare Vs Nirmal Bang brokerage, charges, exposure margin, demat account. Read Nirmal Bang and Religare review.
Find out Religare Vs Nirmal Bang which is better and Religare Vs Nirmal Bang which is best.
Our Religare comparison with Nirmal Bang Securities Pvt Ltd highlights the major differences between two brokers. Find the best between Religare and Nirmal Bang.
Religare Vs Nirmal Bang
Religare
Nirmal Bang
Find more info about broker
About the Broker
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s...
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, MCX
BSE, NSE, MCX, NCDEX, NMCE
Account Type
My Saver Online Plan
Basic Plan
Broker Enquiry
Year of Incorporation
1994
1986
Number of Branches
1500
2000
Enquire Religare
Enquire Nirmal Bang
Religare Vs Nirmal Bang Charges
Religare
Nirmal Bang
Trading Account Opening Fees
₹500
₹0
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹400 from second year onward
₹200
Demat Account is Mandatory?
No
No
Religare Vs Nirmal Bang Brokerage
Brokerage Plan 1
Religare
Nirmal Bang
Account Type
My Saver Online Plan
Basic Plan
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
0.2%
Equity Intraday Brokerage
0.050% to 0.010%
0.02%
Equity Futures Brokerage
0.05%
0.02%
Equity Options Brokerage
₹70 per lot
₹35
Currency Futures Trading Brokerage
0.05%
0.02%
Currency Options Trading Brokerage
₹30 per lot
₹20
Commodity Futures Trading Brokerage
0.05%
0.01%
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
1p per share
Other Brokerage Charges
Call & Trade Charges
₹10 per executed order (max ₹50 per day)
Religare Vs Nirmal Bang Taxes
Religare
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.
Religare Vs Nirmal Bang Transaction Charges
Religare
Nirmal Bang
Equity Delivery
0.0037%
₹390
Equity Intraday
0.0037%
₹390
Equity Futures
0.004%
₹240
Equity Options
0.06% on Premium
₹5700
Currency Futures
0.004%
₹240
Currency Options
0.06% on Premium
₹5700
Commodity
0.0035%
₹250
Religare Vs Nirmal Bang Exposure Margin
Religare
Nirmal Bang
Equity Delivery
Upto 4x with 24% interest per year
upto 10x
Equity Intraday
Upto 10x
Upto 4x
Equity Futures
Upto 3x
Upto 4x
Equity Options
Upto 3x for shorting
Upto 2x for shorting
Currency Futures
Upto 2x
Upto 2x for shorting
Currency Options
2x for shorting
Upto 3x
Commodity Futures
Upto 3x
Upto 3x
Commodity Options
Religare and Nirmal Bang Feature Comparison
Religare
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
Odin Diet, Web, Dynami
Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time
3:15
Other Features
Mutual Fund, EMI Calculator
Referral Program
Religare Vs Nirmal Bang Review
Religare
Nirmal Bang
71 Customer Reviews
14 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating
Religare is Rated 2.9 / 5 based on 71 customer reviews Nirmal Bang is Rated 2.6 / 5 based on 14 customer reviews
Religare Vs Nirmal Bang Investment Options
Religare
Nirmal Bang
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Religare Vs Nirmal Bang Customer Service
Religare
Nirmal Bang
24/7 Customer Service
Onine Live Chat
Through Branches
Religare Vs Nirmal Bang Order Type Offered
Religare
Nirmal Bang
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
Religare Vs Nirmal Bang Research Report
Religare
Nirmal Bang
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Religare Vs Nirmal Bang Suitable For Investor Type
Religare
Nirmal Bang
Casual Investor
Active Investor
Trader
Religare Vs Nirmal Bang - Advantages and Disadvantages
Religare
Nirmal Bang
Pros
3 to 4 times exposure is given in cash as well as F&O segment.
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
EXE Based trading terminal are available for ₹999 per annum.
Call and Trade is charged at ₹10 per executed order (maximum ₹50 per day in a segment).
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
Promo / Offers
Religare offer FREE Trading + Demat Account . In addition you get ₹0 AMC on Demat Account for 1st year.
This is a limited time offer. Simply leave your contact information with us and Religare representatives will contact you.
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