Sharekhan Vs Nirmal Bang (Compare Sharekhan and Nirmal Bang)


Sharekhan
Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & franchises in over 550 cities across India. Sharekhan has seen incredible growth over last 10+ years though it's very successful online trading platform and the chain of franchises located in almost every part of India. Sharekhan also has internationa... Know more about Sharekhan


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

Expand

Sharekhan Vs Nirmal Bang

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 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.

  Sharekhan Nirmal Bang
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE, MCX, NCDEX, NMCE
Year of Incorporation 2000 1986
Number of Branches 2800 2000
Open an Online Trading Account with Sharekhan.Open an Online Trading Account with Nirmal Bang.
Enquire SharekhanEnquire Nirmal Bang
Expand

Sharekhan Vs Nirmal Bang Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Nirmal Bang account opening changes is Rs 0. Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Nirmal Bang Demat Account AMC Charges is Rs 200.

  Sharekhan Nirmal Bang
Trading Account Opening Charges Rs 0 (Free) Rs 0
Trading Account AMC Charges Rs 0 (Free) Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 400 (Free for 1st year) Rs 200
Expand

Sharekhan Vs Nirmal Bang Brokerage Charges & Plans

Sharekhan Vs Nirmal Bang Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Nirmal Bang brokerage charges for equity is 0.2% and intraday is 0.02%.

  Sharekhan Nirmal Bang
Account Type Classic Account Basic Plan
Fixed Charges NA
Equity Delivery 0.50% 0.2%
Equity Intraday 0.10% 0.02%
Equity Futures 0.10% 0.02%
Equity Options Rs 50 per lot Rs 35
Currency Futures 0.10% 0.02%
Currency Options Rs 30 per lot Rs 20
Commodity Futures 0.03% 0.01%
Commodity Options 0.03%
Special Offer
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.

Sharekhan Vs Nirmal Bang Brokerage Plan 2

  Sharekhan Nirmal Bang
Account Type Prepaid - ₹1 Lakh Basic Plan
Fixed Charges Rs 1,00,000 per year NA
Equity Delivery 0.10% 0.2%
Equity Intraday 0.015% 0.02%
Equity Futures 0.015% 0.02%
Equity Options 0.05% or Rs 63 per lot Rs 35
Currency Futures 0.02%
Currency Options Rs 20
Commodity Futures 0.01%
Commodity Options
Enquire SharekhanEnquire Nirmal Bang

Sharekhan Vs Nirmal Bang Brokerage Plan 3

  Sharekhan Nirmal Bang
Account Type Margin - ₹1 Lakh Basic Plan
Fixed Charges Rs 1,00,000 margin NA
Equity Delivery 0.25% 0.2%
Equity Intraday 0.05% 0.02%
Equity Futures 0.05% 0.02%
Equity Options 1% or Rs 70 per lot Rs 35
Currency Futures 0.02%
Currency Options Rs 20
Commodity Futures 0.01%
Commodity Options
Enquire SharekhanEnquire Nirmal Bang

Sharekhan Charges Vs Nirmal Bang

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share
Other Charges
Call & Trade Charges Rs 20
Expand

Sharekhan Vs Nirmal Bang Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Nirmal Bang exchange transaction charges for options is Rs 5700.

  Sharekhan Nirmal Bang
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 390
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side) Rs 390
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side) Rs 240
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) Rs 5700
Currency Futures NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%) Rs 240
Currency Options NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium) Rs 5700
Commodity MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%) Rs 250
Enquire SharekhanEnquire Nirmal Bang
Expand

Sharekhan Vs Nirmal Bang Leverage (Margin)

Sharekhan margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Nirmal Bang margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

  Sharekhan Nirmal Bang
Equity Delivery 1x (no margin) 1x (no margin)
Equity Intraday Up to 6x (based on the stock) Up to 6x (based on the stock)
Equity F&O Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure) Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Enquire SharekhanEnquire Nirmal Bang
Expand

Compare Sharekhan and Nirmal Bang Features

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

  Sharekhan 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 Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile Odin Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App
Intraday Square-off Time 3:30 PM 3:15
Other Features Pattern finder, Class room training
Referral Program
Enquire SharekhanEnquire Nirmal Bang
Expand

Sharekhan Vs Nirmal Bang Review

Sharekhan is rated 3.3 of 5 based on 301 customer reviews whereas Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews.

  Sharekhan Nirmal Bang
  301 Customer Reviews    Rate Sharekhan 19 Customer Reviews    Rate Nirmal Bang
Fees 3.0 3.6
Brokerage 2.8 3.5
Trading Platform 3.7 2.6
Customer Service 3.3 2.3
Research Capabilities 3.0 3.0
Overall Ratings Rated 3.3 stars Rated 2.6 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 301 customer reviews Nirmal Bang is rated 2.6 of 5 based on 19 customer reviews
Expand

Contact Broker / Request A Call Back

  Sharekhan Enquire Nirmal Bang Enquire
Contact Broker Rs 0 Account Opening Charges + FREE Stock Tips & Research + 1 Year Free Access to TradeTiger Trading Terminal Request a Callback.
Leave your contact information and we will get in touch with you....
Expand

Sharekhan Vs Nirmal Bang Investment Options

  Sharekhan 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 Loans, NRI Trading
Expand

Sharekhan Vs Nirmal Bang Order Type Offered

  Sharekhan Nirmal Bang
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Enquire SharekhanEnquire Nirmal Bang
Expand

Sharekhan Vs Nirmal Bang Research Report

  Sharekhan Nirmal Bang
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
Expand

Sharekhan Vs Nirmal Bang Suitable For Investor Type

  Sharekhan Nirmal Bang
Casual Investor Yes Yes
Active Investor Yes
Trader
Expand

Sharekhan Vs Nirmal Bang - Pros and Cons

  Sharekhan Nirmal Bang
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.
  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
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
  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

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • FREE Research courage across all segments.
  • 1 Year FREE access to TradeTiger Trading Terminal.

This is a limited-time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

Enquire SharekhanEnquire Nirmal Bang

Compare More Brokers...

Sharekhan Nirmal Bang
Compare More Brokers:







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App