The side-by-side comparison of SBI Securities and Nirmal Bang. Compare SBI Securities Vs Nirmal Bang brokerage, charges, leverage, margin, demat account and intraday trading. Find which is best SBI Securities vs Nirmal Bang?
SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a...
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...
Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 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.
SBI Securities | Nirmal Bang | |
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Type of Broker | Full Service Broker | Full Service Broker |
Supported Exchnages | BSE, NSE | BSE, NSE, MCX, NCDEX, NMCE |
Account Type | eZ-trade | Basic Plan |
Year of Incorporation | 2001 | 1986 |
Number of Branches | 117 | 2000 |
Broker Enquiry |
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SBI Securities trading account opening charges is Rs 850 while Nirmal Bang account opening changes is Rs 0. SBI Securities Demat Account AMC Charges is Rs 350 and Nirmal Bang Demat Account AMC Charges is Rs 200.
SBI Securities | Nirmal Bang | |
---|---|---|
Trading Account Opening Charges | Rs 850 | Rs 0 |
Trading Account AMC Charges | Rs 0 | Rs 0 |
Demat Account Opening Charges | Rs 0 | Rs 0 |
Demat Account AMC Charges | Rs 350 | Rs 200 |
SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.
SBI Securities | Nirmal Bang | |
---|---|---|
Account Type | eZ-trade | Basic Plan |
Fixed Charges | NA | |
Equity Delivery Brokerage | 0.50% | 0.2% |
Equity Intraday Brokerage | 0.05% | 0.02% |
Equity Futures Brokerage | 0.05% | 0.02% |
Equity Options Brokerage | Rs 100 per lot | Rs 35 |
Currency Futures Trading Brokerage | 0.03% | 0.02% |
Currency Options Trading Brokerage | Rs 30 per lot | Rs 20 |
Commodity Futures Trading Brokerage | NA | 0.01% |
Commodity Options Trading Brokerage | NA | |
Special Offer |
Minimum Brokerage Charges | Rs 0.05 for Cash, Rs 0.01 Future | |
Other Brokerage Charges | ||
Call & Trade Charges | Rs 10 per call (after 30 free calls a month) |
SBI Securities transaction charges for options is NSE: 0.05515% (Rs 5515/Crore) while Nirmal Bang exchange transaction charges for options is Rs 5700.
SBI Securities | Nirmal Bang | |
---|---|---|
Equity Delivery | NSE: 0.00386% | BSE: 0.00384% | Rs 390 |
Equity Intraday | NSE: 0.00386% | BSE: 0.00384% | Rs 390 |
Equity Futures | NSE: 0.002206% (Rs 221/Crore) | Rs 240 |
Equity Options | NSE: 0.05515% (Rs 5515/Crore) | Rs 5700 |
Currency Futures | 0.002206% | Rs 240 |
Currency Options | NSE: 0.05515% (Rs 5515/Crore) | Rs 5700 |
Commodity | Rs 250 | |
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SBI Securities provides the margin of Upto 5x for intraday trades whereas the Nirmal Bang margin for intraday cash is Upto 4x.
SBI Securities | Nirmal Bang | |
---|---|---|
Equity Delivery | 2x with Intrest | upto 10x |
Equity Intraday | Upto 5x | Upto 4x |
Equity Futures | Nil | Upto 4x |
Equity Options | Nil | Upto 2x for shorting |
Currency Futures | Nil | Upto 2x for shorting |
Currency Options | Nil | Upto 3x |
Commodity Futures | NA | Upto 3x |
Commodity Options | ||
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The trading platforms offered SBI Securities include SBI Smart Express, SBI Smart Web, SBI Smart Mobile. Nirmal Bang offers Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App trading software.
SBI Securities | Nirmal Bang | |
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3 in 1 Account | ![]() |
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Charting | ![]() |
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Automated Trading | ![]() |
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SMS Alerts | ![]() |
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Online Demo | ![]() |
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Online Portfolio | ![]() |
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Margin Trading Funding Available | ![]() |
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Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | SBI Smart Express, SBI Smart Web, SBI Smart Mobile | Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
Intraday Square-off Time | 2:45 PM | 3:15 |
Other Features | ||
Referral Program | ||
Enquire SBI Securities | Enquire Nirmal Bang |
SBI Securities is rated 2.6 of 5 based on 140 customer reviews whereas Nirmal Bang is rated 2.5 of 5 based on 17 customer reviews.
SBI Securities | Nirmal Bang | |
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Bracket Order | ![]() |
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Cover Order | ![]() |
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Buy Today Sell Tomorrow (BTST) | ![]() |
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Sell Today Buy Tomorrow (STBT) | ![]() |
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After Market Order(AMO) | ![]() |
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Good Till Cancelled (GTC) | ![]() |
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SBI Securities | Nirmal Bang | |
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