FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

Anand Rathi Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Anand Rathi ranges between 0.02 to 0.20% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5. Number of active customer for Nirmal Bang is 1,37,060 where number of active customer for Anand Rathi is 1,20,565. Nirmal Bang is serving more customer compare to Anand Rathi.

Here we present side-by-side comparison of Anand Rathi vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Anand Rathi vs Nirmal Bang's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Anand Rathi vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Anand Rathi vs Nirmal Bang's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Anand Rathi vs Nirmal Bang on Service

  Anand Rathi Compare
Anand Rathi
Nirmal Bang Compare
Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 1,20,565 1,37,060
Broker Overview Open a Free Anand Rathi Trading & Demat Account to trade or invest across multiple products, get free trading tips and expert research reports, personalized advisory, and portfolio management services (PMS). Open a free trading & demat account with one of the most prominent full-service brokers in India. Get the best Nirmal Bang Research & advisory, portfolio management services, and trade on the superfast Beyond and ODIN trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
Expand

Account Opening Charges and AMC

Compare Anand Rathi vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of Anand Rathi with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Anand Rathi charges Rs 450 PA (Free for 1st year) AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with Nirmal Bang
Charges Anand Rathi Nirmal Bang
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 450 PA (Free for 1st year) Rs 200 PA
Provide DP Service Yes Yes
Expand

About Brokerage Plans

Compare Anand Rathi vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare Anand Rathi with Nirmal Bang. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Anand Rathi with Nirmal Bang on Plan Options
Plan Types Anand Rathi Nirmal Bang
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
Expand

Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
Expand

Brokerage Charges

Compare Anand Rathi vs Nirmal Bang on Brokerage Charges

Anand Rathi Brokerage Plan detail - Anand Rathi has a fixed percentage-based brokerage plan that charges a 0.02% to o.20% brokerage fee on trading in different segments.

Nirmal Bang Brokerage Plan detail - Nirmal Bang default brokerage plan charges a fixed rate of percentage-based brokerage fee on trading in different segments.

Brokerage Charges - Compare Anand Rathi with Nirmal Bang
Brokerage Charges Compare Anand Rathi Nirmal Bang
Plan Name Classic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.20% 0.2% or 20 paisa
Equity Intraday 0.02% 0.02% or 2 paisa
Equity Futures 0.02% 0.02% or 2 paisa
Equity Options Rs 50 per lot Rs 35 Per Lot
Currency Futures 0.02% 0.02% or 2 paisa
Currency Options Rs 20 per lot Rs 20 Per Lot
Commodity Trading 0.02% 0.02% or 2 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for Nirmal Bang
Expand

Share Broker's Transaction Charges

Compare Anand Rathi vs Nirmal Bang on Transaction Charges

Compare Anand Rathi with Nirmal Bang on transaction charges and PCM fee by segment.

Transaction Charges - Compare Anand Rathi with Nirmal Bang
Transaction Charges Compare Anand Rathi Nirmal Bang
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for anand-rathi-broker Complete Brokerage Plans for nirmal-bang
Expand

Account Features

Compare Anand Rathi vs Nirmal Bang on Account Features

Compare Anand Rathi with Nirmal Bang on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Anand Rathi offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - Anand Rathi with Nirmal Bang
Account Features Compare Anand Rathi Nirmal Bang
3 in 1 Account No Anand Rathi have 2-in-1 account. Only Demate and Trading account. No Anand Rathi have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
Expand

Trading Platform

Compare Anand Rathi vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Anand Rathi and Nirmal Bang. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Anand Rathi with Nirmal Bang
Trading Platform Compare Anand Rathi Nirmal Bang
Desktop Trading Platform OMNESYS NEST - Trade X Pro ODIN Diet
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.anandrathi.com/Otn/Login/indexauth.jsp https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi Beyond
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS Trade Mobi Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Info Not Available Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Anand Rathi Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for anand-rathi-broker Detail on Trading Platforms for nirmal-bang

Expand

Broker Ratings by Users

Compare Anand Rathi vs Nirmal Bang on User Rating

  Anand Rathi Nirmal Bang
  2 Customer Reviews    Rate Anand Rathi 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.5 3.5
Trading Brokerage Rating 3.0 4.0
Trading Platform Usability 3.0 3.0
Customer Service Ratings 3.5 3.5
Overall Ratings 3.0 3.5
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
Expand

Investment Offerings

Compare Anand Rathi vs Nirmal Bang on Investment Offerings

Compare Anand Rathi with Nirmal Bang on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Anand Rathi provide PMS Service where Nirmal Bang doesn't offer

Investment Offerings - Compare Anand Rathi with Nirmal Bang
Investment Offerings Compare Anand Rathi Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options NIL NIL
Expand

Order Types

Compare Anand Rathi vs Nirmal Bang on Order Types

Order Type - Compare Anand Rathi with Nirmal Bang on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Anand Rathi with Nirmal Bang
Order Type Compare Anand Rathi Nirmal Bang
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No No
Expand

Customer Service Offered

Compare Anand Rathi vs Nirmal Bang on Customer Service

Compare Anand Rathi with Nirmal Bang on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Anand Rathi with Nirmal Bang
Customer Service Compare Anand Rathi Nirmal Bang
24/7 Customer Service Anand Rathi vs Nirmal Bang - 24x7 customer support No No
Email Support Anand Rathi vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat Anand Rathi vs Nirmal Bang - Onine Live Chat Yes No
Phone Support Anand Rathi vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number Anand Rathi vs Nirmal Bang - Toll Free Number Yes No
Through Branches Anand Rathi vs Nirmal Bang - Through Branches Yes Yes
Customer Care Number Anand Rathi vs Nirmal Bang - Customer Care Number 0291 710 5596/1800 420 1004 (toll-free) Info Not Available
Account Opening Process Anand Rathi vs Nirmal Bang - Account Opening Process Info Not Available Info Not Available
Customer Support Email Anand Rathi vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Anand Rathi vs Nirmal Bang - Knowledge Center/Education https://anandrathi.com/Inv_rathi_blog/ Info Not Available
Head Office Address Anand Rathi vs Nirmal Bang - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Anand Rathi vs Nirmal Bang - Company Website Info Not Available Info Not Available
Expand

Tips/Research/Reports Published

Compare Anand Rathi vs Nirmal Bang on Research Reports, Tips

Compare Anand Rathi with Nirmal Bang on research reports and tips provided by the broker.

Research Reports - Compare Anand Rathi with Nirmal Bang
  Anand Rathi Nirmal Bang
Research Mutual Funds Anand Rathi vs Nirmal Bang - Research Mutual Funds Yes Yes
Research Equity Reports Anand Rathi vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF Anand Rathi vs Nirmal Bang - Research ETF Yes Yes
Daily Market Report Anand Rathi vs Nirmal Bang - Daily Market Report Yes Yes
Free Tips Anand Rathi vs Nirmal Bang - Free Tips Yes Yes
Quarterly Result Analysis Anand Rathi vs Nirmal Bang - Quarterly Results Yes Yes
News Alerts Anand Rathi vs Nirmal Bang - Yes Yes
Expand

Demat Account

Compare Anand Rathi vs Nirmal Bang on Demat Account

Compare Anand Rathi with Nirmal Bang on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nirmal Bang is ₹360 pa where for Anand Rathi is ₹450 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Anand Rathi is ₹15 + ₹5.50 CDSL charges where for Nirmal Bang is 0.03% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Anand Rathi with Nirmal Bang
  Anand Rathi Nirmal Bang
DP Source CDSL CDSL
DP ID Anand Rathi vs Nirmal Bang - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹360 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 + ₹5.50 CDSL charges 0.03% of the transaction value (Min ₹15)
Demat ₹3 per certificate + ₹35 courier charges ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges ₹25 Nil
Other Charges Nil Nil
Expand

Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Nirmal Bang on Special Offers and Promotion

Compare Anand Rathi with Nirmal Bang on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Anand Rathi vs Nirmal Bang on Special Offers and Promotion
  Anand Rathi Nirmal Bang
Pay In and Pay Out Options Anand Rathi vs Nirmal Bang - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Anand Rathi vs Nirmal Bang - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Anand Rathi vs Nirmal Bang - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes

Read out the most important benefits or advantages of why choose Anand Rathi?

  • Online trading in equity, derivatives, currency, and commodity.
  • Mutual funds, FDs, NCDs, and portfolio management services (PMS).
  • Zero account opening charges.
  • Zero maintenance fee for the first year.
  • Trade X’Press+, TradeX’Pro, and Trade Mobi App with real-time charting.
  • Free Research: Fundamental & technical research, FNO, commodity, and currency research reports.
  • Investment Basket: A thematic investing product.
  • Equity SIP (E-SIP) facility to invest in shares.
  • Place after-market order (AMO).
  • Blog and knowledge center for beginners.
  • Loan against shares and Margin trading facility (MTF).
  • Free call & trade

Detail Review...

  • Multiple trading and investment products.
  • Zero account opening fees.
  • Low maintenance charges.
  • Trade on the web, Beyond mobile app, and ODIN desktop platform.
  • Next-gen Algo trading platform to automate your trading journey.
  • Technical calls and research across equity, commodity, currency, mutual funds, etc.
  • Institutional research including sector and company-specific reports.
  • An abundance of educational sources i.e., articles, blogs, and educational videos.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • After-market order (AMO) facility.

Detail Review...

Dislikes

There are some disadvantages or drawbacks also, here are the same;

  • Does not offer direct mutual funds.
  • No 3-in-1 account
  • A bit higher brokerage fee than other discount brokers.

Detail Review...

  • Nirmal Bang does not provide Good Till Triggered (GTT) order
  • High brokerage charges than discount brokers.
  • Minimum margin money of Rs. 10,000 is required to maintain.
  • It does not provide a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-08-25T06:31:27+00:00