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Religare Vs Nirmal Bang (Compare Religare and Nirmal Bang)


Religare Logo

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 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

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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
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX, NMCE
Year of Incorporation 1994 1986
Number of Branches 1500 2000
Open an Online Trading Account with Religare.Open an Online Trading Account with Nirmal Bang.
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Religare Vs Nirmal Bang Charges & AMC

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

  Religare Nirmal Bang
Trading Account Opening Charges Rs 500 Rs 0
Trading Account AMC Charges Nil Rs 0
Demat Account Opening Charges Nil Rs 0
Demat Account AMC Charges Rs 400 from second year onward Rs 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 NA
Equity Delivery 0.50% to 0.10% 0.2%
Equity Intraday 0.050% to 0.010% 0.02%
Equity Futures 0.05% 0.02%
Equity Options Rs 70 per lot Rs 35
Currency Futures 0.05% 0.02%
Currency Options Rs 30 per lot Rs 20
Commodity Futures 0.05% 0.01%
Commodity Options Rs 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 1p per share
Other Charges
Call & Trade Charges Rs 10 per executed order (max Rs 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 Rs 5700.

  Religare Nirmal Bang
Equity Delivery 0.0037% Rs 390
Equity Intraday 0.0037% Rs 390
Equity Futures 0.004% Rs 240
Equity Options 0.06% on Premium Rs 5700
Currency Futures 0.004% Rs 240
Currency Options 0.06% on Premium Rs 5700
Commodity 0.0035% Rs 250
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Religare Vs Nirmal Bang Leverage (Margin)

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

  Religare Nirmal Bang
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 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 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 77 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

  Religare Nirmal Bang
  77 Customer Reviews    Rate Religare 19 Customer Reviews    Rate Nirmal Bang
Fees 3.2 3.6
Brokerage 3.1 3.5
Trading Platform 3.0 2.6
Customer Service 2.9 2.3
Research Capabilities 3.2 3.0
Overall Ratings Rated 2.9 stars Rated 2.6 stars
Broker Rating Religare is rated 2.9 of 5 based on 77 customer reviews Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews
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Contact Broker / Request A Call Back

  Religare Enquire Nirmal Bang Enquire
Contact Broker 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
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 Rs 999 per annum.
  • Call and Trade is charged at Rs 10 per executed order (maximum Rs 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 Rs 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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