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SBICAP Securities Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI. SBICAP Securities offers investmenet in Equity, F&O and Currency only, where Nirmal Bang offers investment in Equity, F&O, Currency and Commodities.. The brokerage of SBICAP Securities ranges between .05 to 0.50% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. SBICAP Securities is having overall higher rating compare to Nirmal Bang. SBICAP Securities is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5. Number of active customer for SBICAP Securities is 8,30,820 where number of active customer for Nirmal Bang is 1,37,060. SBICAP Securities is serving more customer compare to Nirmal Bang.

Here we present side-by-side comparison of SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities 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 SBICAP Securities vs Nirmal Bang on Service

  SBICAP Securities Compare
SBICAP Securities
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? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 8,30,820 1,37,060
Broker Overview Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ... Know more about SBICAP Securities 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
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Account Opening Charges and AMC

Compare SBICAP Securities vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of SBICAP Securities with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Nirmal Bang offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - SBICAP Securities charges Rs 500 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare SBICAP Securities with Nirmal Bang
Charges SBICAP Securities Nirmal Bang
Trading Account Opening Fees Rs 850 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 500 PA Rs 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare SBICAP Securities vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare SBICAP Securities 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 SBICAP Securities with Nirmal Bang on Plan Options
Plan Types SBICAP Securities Nirmal Bang
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare SBICAP Securities vs Nirmal Bang on Brokerage Charges

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

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 SBICAP Securities with Nirmal Bang
Brokerage Charges Compare SBICAP Securities Nirmal Bang
Plan Name Standard or default brokerage plan Basic Trading Plan (Percentage Based)
Equity Delivery 0.50% 0.2% or 20 paisa
Equity Intraday 0.05% 0.02% or 2 paisa
Equity Futures 0.05% 0.02% or 2 paisa
Equity Options Rs 100 Per Lot Rs 35 Per Lot
Currency Futures 0.03% 0.02% or 2 paisa
Currency Options Rs 30 Per Lot Rs 20 Per Lot
Commodity Trading Rs. 100 per lot 0.02% or 2 paisa
Minimum Brokerage Rs 0.05 for Cash, Rs 0.01 Future NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 24% interest PA Info Not Available
Call & Trade Charges Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call. NA
Auto Square off Charges First Free 30 per month, after Rs 10 per square-off NA
Brokerage Calculator Brokerage Calculator for SBICAP Securities Brokerage Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare SBICAP Securities vs Nirmal Bang on Transaction Charges

Compare SBICAP Securities with Nirmal Bang on transaction charges and PCM fee by segment.

Transaction Charges - Compare SBICAP Securities with Nirmal Bang
Transaction Charges Compare SBICAP Securities 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 NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for sbicap-securities Complete Brokerage Plans for nirmal-bang
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Account Features

Compare SBICAP Securities vs Nirmal Bang on Account Features

Compare SBICAP Securities with Nirmal Bang on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Nirmal Bang offers only 2-in-1 account which includes trading and demat account. Algo Trading - Nirmal Bang offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Nirmal Bang offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - SBICAP Securities offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - SBICAP Securities with Nirmal Bang
Account Features Compare SBICAP Securities Nirmal Bang
3 in 1 Account Yes, SBICAP Securities have 3-in-1 accounts. Bank Account, Demat and Trading account. No SBICAP Securities have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available No Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features Trading software terminal: ODIN Diet NIL
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Trading Platform

Compare SBICAP Securities vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w SBICAP Securities 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 SBICAP Securities with Nirmal Bang
Trading Platform Compare SBICAP Securities Nirmal Bang
Desktop Trading Platform SBISMART XPRESS - NextTrader ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://login1.sbismart.com/nidp/app/login https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App SBISMART Beyond
Mobile Trading App Demo SBISMART Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SBISMART Download Andriod Beyond Download
iPhone Mobile App (IOS) Yes No
iOS App Download iOS SBISMART Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) Yes No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for SBICAP Securities Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for SBICAP Securities Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for SBICAP Securities Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for sbicap-securities Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare SBICAP Securities vs Nirmal Bang on User Rating

  SBICAP Securities Nirmal Bang
  78 Customer Reviews    Rate SBICAP Securities 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.3 3.5
Trading Brokerage Rating 3.1 4.0
Trading Platform Usability 2.8 3.0
Customer Service Ratings 2.7 3.5
Overall Ratings 2.7 3.5
Broker Rating SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare SBICAP Securities vs Nirmal Bang on Investment Offerings

Compare SBICAP Securities 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 - Nirmal Bang offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare SBICAP Securities vs Nirmal Bang on Order Types

Order Type - Compare SBICAP Securities 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) - SBICAP Securities provide Cover Orders (CO) where Nirmal Bang doesn't offer.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) - SBICAP Securities provide Bracket Orders (BO) where Nirmal Bang doesn't offer.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- SBICAP Securities offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare SBICAP Securities with Nirmal Bang
Order Type Compare SBICAP Securities Nirmal Bang
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare SBICAP Securities vs Nirmal Bang on Customer Service

Compare SBICAP Securities 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 SBICAP Securities with Nirmal Bang
Customer Service Compare SBICAP Securities Nirmal Bang
24/7 Customer Service SBICAP Securities vs Nirmal Bang - 24x7 customer support No No
Email Support SBICAP Securities vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat SBICAP Securities vs Nirmal Bang - Onine Live Chat No No
Phone Support SBICAP Securities vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number SBICAP Securities vs Nirmal Bang - Toll Free Number Yes No
Through Branches SBICAP Securities vs Nirmal Bang - Through Branches Yes Yes
Customer Care Number SBICAP Securities vs Nirmal Bang - Customer Care Number 022 6854 5555 Info Not Available
Account Opening Process SBICAP Securities vs Nirmal Bang - Account Opening Process Offline Info Not Available
Customer Support Email SBICAP Securities vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education SBICAP Securities vs Nirmal Bang - Knowledge Center/Education https://www.sbismart.com/education Info Not Available
Head Office Address SBICAP Securities vs Nirmal Bang - Head Office Address/Corporate Address SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Info Not Available
Website SBICAP Securities vs Nirmal Bang - Company Website https://www.sbismart.com Info Not Available
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Tips/Research/Reports Published

Compare SBICAP Securities vs Nirmal Bang on Research Reports, Tips

Compare SBICAP Securities with Nirmal Bang on research reports and tips provided by the broker.

Research Reports - Compare SBICAP Securities with Nirmal Bang
  SBICAP Securities Nirmal Bang
Research Mutual Funds SBICAP Securities vs Nirmal Bang - Research Mutual Funds Yes Yes
Research Equity Reports SBICAP Securities vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF SBICAP Securities vs Nirmal Bang - Research ETF Yes Yes
Daily Market Report SBICAP Securities vs Nirmal Bang - Daily Market Report Yes Yes
Free Tips SBICAP Securities vs Nirmal Bang - Free Tips Yes Yes
Quarterly Result Analysis SBICAP Securities vs Nirmal Bang - Quarterly Results Yes Yes
News Alerts SBICAP Securities vs Nirmal Bang - Yes Yes
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Demat Account

Compare SBICAP Securities vs Nirmal Bang on Demat Account

Compare SBICAP Securities 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 SBICAP Securities is ₹500.

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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300) 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 SBICAP Securities with Nirmal Bang
  SBICAP Securities Nirmal Bang
DP Source CDSL CDSL
DP ID SBICAP Securities vs Nirmal Bang - DP ID 19300 No
Demat Account Annual Maintenance Charges(AMC) ₹500 ₹360 pa
Advance Deposit 0 for all NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.01% of the transaction value (Min ₹21 and Max ₹300) 0.03% of the transaction value (Min ₹15)
Demat ₹5 per certificate + ₹35 courier charges ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹35 per certificate + CDSL Charges 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Closure 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges Nil
Pledge Invocation 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges ₹10 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare SBICAP Securities vs Nirmal Bang on Special Offers and Promotion

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

Compare SBICAP Securities vs Nirmal Bang on Special Offers and Promotion
  SBICAP Securities Nirmal Bang
Pay In and Pay Out Options SBICAP Securities vs Nirmal Bang - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time SBICAP Securities vs Nirmal Bang - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges SBICAP Securities vs Nirmal Bang - Bank Supported and Charges Direct to SBI Bank. Info Not Available
Bank Detail Direct to SBI bank account Info Not Available
Likes
  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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
  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

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
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Last Updated on 2023-09-13T02:35:55+00:00