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, leverage, margin, demat account and intraday trading. Find which is best Religare vs Nirmal Bang?


Religare
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 services. Incorporated in 1986, Religare Securities Ltd (RSL) is a subsidiary of Religare Enterprises Limited, New Delhi based diversified financial group. Religare Securities offers retail broking, depository services and other related investme... Know more about Religare


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

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Religare Vs Nirmal Bang

Incorporated in 1994, Religare is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 1500 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.

  Religare Nirmal Bang
Type of Broker Full Service Broker Full Service Broker
Supported Exchnages BSE, NSE, MCX BSE, NSE, MCX, NCDEX, NMCE
Account Type My Saver Online Plan Basic Plan
Year of Incorporation 1994 1986
Number of Branches 1500 2000
Broker Enquiry Open an Online Trading Account with Religare. 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.
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Religare Vs Nirmal Bang Charges & AMC

Religare trading account opening charges is ₹500 while Nirmal Bang account opening changes is ₹0. Religare Demat Account AMC Charges is ₹400 from second year onward and Nirmal Bang Demat Account AMC Charges is ₹200.

  Religare Nirmal Bang
Trading Account Opening Charges ₹500 ₹0
Trading Account AMC Charges Nil ₹0
Demat Account Opening Charges Nil ₹0
Demat Account AMC Charges ₹400 from second year onward ₹200
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Religare Vs Nirmal Bang Brokerage Charges & Plans

Religare Vs Nirmal Bang Brokerage

Religare brokerage charges for equity is 0.50% to 0.10% and intraday is 0.050% to 0.010% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

  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
Special Offer
Special Offer: Get Free Trading + Demat Account for limited time. Get the offer

Religare Charges Vs Nirmal Bang

Minimum Brokerage Charges 1p per share
Other Brokerage Charges
Call & Trade Charges ₹10 per executed order (max ₹50 per day)
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Religare Vs Nirmal Bang Transaction Charges

Religare transaction charges for options is 0.06% on Premium while Nirmal Bang exchange transaction charges for options is ₹5700.

  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
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Religare Vs Nirmal Bang Leverage (Margin)

Religare provides the margin of Upto 10x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.

  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
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Compare Religare and Nirmal Bang Features

The trading platforms offered Religare include Odin Diet, Web, Dynami. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.

  Religare Nirmal Bang
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
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
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Religare Vs Nirmal Bang Review

Religare is rated 2.9 of 5 based on 75 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews.

  Religare Nirmal Bang
  75 Customer Reviews    Rate Religare 16 Customer Reviews    Rate Nirmal Bang
Fees 3.1 3.8
Trading Brokerage 3.1 3.4
Trading Platform Usability 3.0 2.6
Customer Service 2.9 2.3
Research Capabilities 3.0 2.5
Overall Ratings Rated 2.9 stars Rated 2.5 stars
Broker Rating Religare is rated 2.9 of 5 based on 75 customer reviews Nirmal Bang is rated 2.5 of 5 based on 16 customer reviews
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Contact Broker / Request A Call Back

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Get Free Trading + Demat Account for limited time. Get the offer

Leave your contact information and we will get in touch with you....

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Religare Vs Nirmal Bang Investment Options

  Religare Nirmal Bang
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 Yes Yes
Other Investment Options
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Religare Vs Nirmal Bang Order Type Offered

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

  Religare Nirmal Bang
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Religare Vs Nirmal Bang Suitable For Investor Type

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

  Religare Nirmal Bang
Pros
  • 3 to 4 times exposure is given in cash as well as F&O segment.
  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
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).
  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.
Reviews
Promo / Offers

Free Trading + Demat Account

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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