Here is a detailed comparison of Karvy vs Nirmal Bang. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Karvy & Nirmal Bang will help you choose a better company that will fulfill the requirements for trading and investment purposes.
Both of these Stock Broking companies are providing wide range of products and services to the investors.
Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.
This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.
In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:
- Overview
- Customer Ratings
- Demat Account
- Research & Advisory
- Brokerage Charges & Fees
- Other Charges
- Services
- Products
- Exposure/Leverage
- Trading Platform
- Offers
- Customer Support
- Complaints
Compare Stock Brokers
This Karvy & Nirmal Bang comparison will give a very detailed overview of which stock broker is suitable for you.
Now let’s Compare Nirmal Bang & Karvy
Overview of Karvy & Nirmal Bang |
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| Overview | Karvy | Nirmal Bang |
| Company Type | Private | Private |
| Broker Type | Full Service Broker | Full Service Broker |
| Headquarters | Hyderabad, India | Mumbai, India |
| Founder | C Parthasarathy | Nirmal Bang |
| Established Year | 1983 | 1986 |
Karvy vs Nirmal Bang Customer Ratings Comparison |
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| Customer Ratings | Karvy | Nirmal Bang |
| Experience | 6.0/10 | 6.5/10 |
| Products & Services | 6.5/10 | 6.2/10 |
| Brokerage Charges & Fees | 7.0/10 | 6.7/10 |
| Stock Research & Advisory | 6.7/10 | 6.0/10 |
| Trading Platforms | 6.5/10 | 6.5/10 |
| Overall Ratings | 6.5/10 | 6.4/10 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
| Total Client Reviews | 1265 | 355 |
Karvy vs Nirmal Bang Demat Account Comparison |
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| Demat Services | Karvy | Nirmal Bang |
| Depository Source | CDSL | CDSL |
| Account Opening Charges | Free | Zero |
| Demat AMC Charges | Rs.500 per Annum | Rs.200 |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero to Rs.1 lakh | Minimum Rs.10,000 |
| Offline to Online | S | R |
Nirmal Bang vs Karvy Brokerage Charges Comparison |
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| Brokerage Charge & Fees | Karvy | Nirmal Bang |
| Equity Delivery Trading | 0.1% – 0.3% | 0.20% |
| Equity Intraday Trading | 0.01% – 0.03% | 0.02% |
| Commodity Options Trading | 0.01% – 0.03% | NA |
| Equity Futures Trading | 0.01% – 0.03% | 0.02% |
| Equity Options Trading | Rs.10 – Rs.30 per lot | Rs.35 per Lot |
| Currency Futures Trading | 0.01% – 0.03% | 0.02% |
| Currency Options Trading | Rs.10 – Rs.30 per lot | Rs.20 per Lot |
| Minimum Brokerage | Percentage of Transaction | Percentage of Transaction |
| Demat AMC Charges | Rs.500 per annum | Rs.200 |
| Trading AMC Charges | Free | Free |
| Margin Money | Zero to Rs.1 lakh | Minimum Rs.10,000 |
| Brokerage Calculator | Karvy Brokerage Calculator | Nirmal Bang Brokerage Calculator |
Nirmal Bang & Karvy Other Charges Comparison |
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| Other Charges | Karvy | Nirmal Bang |
| Transaction Charges | 0.00325% of Total Turnover | 0.00390% of Total Turnover |
| STT | 0.0126% of Total Turnover | 0.0126% of Total Turnover |
| SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover |
| Stamp Duty | Depends on State (very minimal) | Depends on State (very minimal) |
| GST | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) |
Compare Nirmal Bang & Karvy Offers |
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| Offers | Karvy | Nirmal Bang |
| Free Demat Account | R | R |
| Free Trading Account | S | R |
| Discount on Brokerage | S | R |
| Trading Happy Hours | S | S |
| Flexible Brokerage Plans | R | R |
| 1 Month Brokerage Free | S | S |
| Holiday Offers | S | R |
| Referral Offers | S | S |
| Zero Brokerage for Loss Making Trades | S | S |
Compare Services of Karvy vs Nirmal Bang |
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| Services | Karvy | Nirmal Bang |
| Demat Services | R | R |
| Trading Services | R | R |
| 3 in 1 Account | S | S |
| Intraday Services | R | R |
| IPO Services | R | R |
| Stock Recommendations | R | R |
| Robo Advisory | S | S |
| PMS | R | R |
| Trading Institution | S | S |
| Trading Exposure | Upto 20x | Upto 10x |
Compare Nirmal Bang & Karvy Research & Advisory |
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| Research & Advisory | Karvy | Nirmal Bang |
| Fundamental Reports | R | S |
| Research Reports | R | R |
| Company Reports | R | S |
| Annual Reports | R | S |
| Company Stock Review | R | S |
| Free Stock Tips | S | R |
| IPO Reports | R | R |
| Top Picks | S | R |
| Daily Market Review | S | R |
| Monthly Reports | R | S |
| Weekly Reports | R | S |
| Offline Advisory | R | R |
| Relationship Manager | R | R |
Karvy vs Nirmal Bang Exposure/Leverage |
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| Exposure / Leverage | Karvy | Nirmal Bang |
| Equity Delivery | Upto 10x | Upto 3x |
| Equity Intraday | Upto 20x | Upto 10x |
| Equity Futures | Upto 10x | Upto 4x |
| Equity Options | Upto 15x | Upto 5x |
| Currency Futures | Upto 12x | Upto 3x |
| Currency Options | Upto 10x | Upto 2x |
| Commodities | Upto 12x | Upto 3x |
| Margin Calculator | Karvy Margin Calculator | Nirmal Bang Margin Calculator |
Karvy vs Nirmal Bang Product Comparison |
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| Products | Karvy | Nirmal Bang |
| Equity Trading | R | R |
| Commodity Trading | R | R |
| Currency Trading | R | R |
| Options | R | R |
| Futures | R | R |
| Mutual Funds | R | R |
| Forex | S | R |
| Banking | S | S |
| SIP | R | R |
| Insurance | S | R |
Karvy vs Nirmal Bang Trading Platform Comparison |
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| Trading Platforms | Karvy | Nirmal Bang |
| Desktop Platform – Windows | R | R |
| Desktop Platform – Mac | R | R |
| Desktop Browser Platform | R | R |
| Mobile Site Platform | R | S |
| Android App Platform | R | R |
| iOS App Platform | R | S |
| Windows App Platform | S | S |
| Other Mobile OS Platform | S | S |
| Real time Updates | R | R |
| Portfolio Details | R | R |
| Online MF Buy | R | R |
| News Flash | R | R |
| Research Reports | R | S |
| Easy Installation | R | R |
| Global Indices | R | R |
| Stock Tips | R | S |
| Personalized Advisory | R | S |
| Interactive Charts | R | R |
| Live Markets | R | R |
| SMS Alerts | R | S |
| Email Alerts | R | R |
| Multi Account Management | R | S |
Karvy vs Nirmal Bang Customer Support |
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| Customer Support | Karvy | Nirmal Bang |
| Dedicated Dealer | R | R |
| Offline Trading | R | R |
| Online Trading | R | R |
| 24*7 Support | S | S |
| Email Support | R | S |
| Chat Support | S | S |
| Toll Free Number | 1800 419 8283 | S |
| Branches | 110 | 50 |
Karvy vs Nirmal Bang Customer Complaints |
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| Complaints (Current Year) | Karvy | Nirmal Bang |
| Lodged in BSE | 210 | 64 |
| Resolved in BSE | 185 | 64 |
| Lodged in NSE | 165 | 91 |
| Resolved in NSE | 143 | 91 |
Compare Karvy with other Brokers & Nirmal Bang with other Brokers
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