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Sharekhan vs Nirmal Bang – Compare Brokerage Charges, Demat Account & more

Last Updated Date - Nov 19, 2022

Here is a detailed comparison of Sharekhan vs Nirmal Bang. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Sharekhan & 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.

Sharekhan vs Nirmal Bang

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 Sharekhan & Nirmal Bang comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s Compare Nirmal BangSharekhan

Overview of Sharekhan & Nirmal Bang

Overview Sharekhan Nirmal Bang
Company Type Public Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, India
Founder Shripal Morakhia Nirmal Bang
Established Year 2000 1986

Sharekhan vs Nirmal Bang Customer Ratings Comparison

Customer Ratings Sharekhan Nirmal Bang
Experience 8.7 / 10 6.5/10
Products & Services 8.8 / 10 6.2/10
Brokerage Charges & Fees 8.5 / 10 6.7/10
Stock Research & Advisory 8.3 / 10 6.0/10
Trading Platforms 8.2 / 10 6.5/10
Overall Ratings 8.50 / 10 6.4/10
Star Ratings ★★★★★ ★★★☆☆
Total Client Reviews 7839 355

Sharekhan vs Nirmal Bang Demat Account Comparison

Demat Services Sharekhan Nirmal Bang
Depository Source NSDL & CDSL CDSL
Account Opening Charges Zero Zero
Demat AMC Charges Rs 400 (Free for 1st year) Rs.200
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Offline to Online R R

Nirmal Bang vs Sharekhan Brokerage Charges Comparison

Brokerage Charge & Fees Sharekhan Nirmal Bang
Equity Delivery Trading 0.10% 0.20%
Equity Intraday Trading 0.50% 0.02%
Commodity Options Trading 0.03% 0.01%
Equity Futures Trading 0.10% 0.02%
Equity Options Trading Rs 50 per lot Rs 25
Currency Futures Trading 0.10% 0.02%
Currency Options Trading Rs 30 per lot Rs 20
Minimum Brokerage Rs.30 Percentage of Transaction
Demat AMC Charges Rs 400 (Free for 1st year) Rs.200
Trading AMC Charges Free Free
Margin Money 75% Margin 75% Margin
Brokerage Calculator Sharekhan Brokerage Calculator Nirmal Bang Brokerage Calculator

Nirmal Bang & Sharekhan Other Charges Comparison

Other Charges Sharekhan Nirmal Bang
Transaction Charges 0.00275% of Total Turnover 0.00390% of Total Turnover
STT Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
SEBI Turnover Charges 0.00005% (₹5/Crore) 0.00005% (Rs. 5/Crore)
Stamp Duty (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) (On buy side only)Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)
GST 18% on (Brokerage + Transaction Charge + SEBI Fee) 18% on (Brokerage + Transaction Charge + SEBI Fee)

Compare Nirmal Bang & Sharekhan Offers

Offers Sharekhan Nirmal Bang
Free Demat Account S R
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free R S
Holiday Offers S R
Referral Offers R S
Zero Brokerage for Loss Making Trades S S

Compare Services of Sharekhan vs Nirmal Bang

Services Sharekhan 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 R S
PMS R R
Trading Institution R S
Trading Exposure Upto 5x Upto 5x

Compare Nirmal Bang & Sharekhan Research & Advisory

Research & Advisory Sharekhan 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 R R
IPO Reports S R
Top Picks R R
Daily Market Review S R
Monthly Reports R S
Weekly Reports R S
Offline Advisory R R
Relationship Manager R R

Sharekhan vs Nirmal Bang Exposure/Leverage

Exposure / Leverage Sharekhan Nirmal Bang
Equity Delivery 1x 1x
Equity Intraday Upto 5x Upto 5x
Equity Futures 1x 1x
Equity Options 1x 1x
Currency Futures 1x 1x
Currency Options 1x 1x
Commodities 1x 1x
Margin Calculator Sharekhan Margin Calculator Nirmal Bang Margin Calculator

Sharekhan vs Nirmal Bang Product Comparison

Products Sharekhan 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

Sharekhan vs Nirmal Bang Trading Platform Comparison

Trading Platforms Sharekhan Nirmal Bang
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform S 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

Sharekhan vs Nirmal Bang Customer Support

Customer Support Sharekhan 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 R S
Toll Free Number 1800 22 7500 S
Branches 126 50

Sharekhan vs Nirmal Bang Customer Complaints

Complaints (Current Year) Sharekhan Nirmal Bang
Lodged in BSE 198 64
Resolved in BSE 184 64
Lodged in NSE 218 91
Resolved in NSE 217 91

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