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Nirmal Bang Vs Karvy Online
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Nirmal Bang Vs Karvy Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Nirmal Bang Vs Karvy Online Comparison
Here is a point by point comparison of Nirmal Bang Vs Karvy Online.
Karvy Online is the broking arm of Karvy Group and has a presence across 400 cities of India. It is involved not only in retail broking but also has a prominent name in institutional and corporate investments.
Incorporated in 1985, Karvy today has a membership with BSE, NSE, MCX-SX, MCX and NCDEX and is one of the top 10 stock brokers in India.
Nirmal Bang is an oldie in full-service broking segment in India with its operations starting in as early as 1986. This stockbroking firm has a franchise count of more than 2000 across 360 cities of the country. One of the best parts of Nirmal Bang is that it allows free call and trade facility to its clients.
Full-service brokers such as Karvy Online or Nirmal Bang, on the other hand, will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Nirmal Bang Vs Karvy Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Nirmal Bang Vs Karvy Online Compare
 |  | |
| Karvy Online Review | Nirmal Bang Review | |
| OVERVIEW | ||
| Broker Type | Full Service | Full Service Broker |
| Incorporated In the Year | 1985 | 1986 |
| Number of branches across India | 400 | 2000 |
| Exchanges | BSE, NSE, MCX-SX, MCX and NCDEX | NSE, BSE, MCX, NCDEX and MCX–SX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹0 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹200 |
| Demat Account Opening Charges | ₹420 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹500 (FREE for first year) | ₹0 |
| Transaction Charges | Karvy Online Transaction Charges | Nirmal Bang Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.2% |
| Intraday Delivery | 0.03% | 0.02% |
| Equity Futures | 0.03% | 0.02% |
| Equity Options | ₹30 per lot | ₹35 per lot |
| Currency Futures | 0.03% | 0.02% |
| Currency Options | ₹30 per lot | ₹20 per lot |
| Commodity | 0.03% | 0.01% |
| Brokerage Calculator | Karvy Online Brokerage Calculator | Nirmal Bang Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 20 times, 0 for Delivery | Upto 4 times for Delivery, upto 10 times for Intraday |
| Equity Futures | Upto 4 times for Intraday | Upto 4 times |
| Equity Options | No Leverage for buying, upto 4 times for Shorting Intraday | No Margins for Buying, Upto 2 times for Shorting |
| Currency Futures | No Leverage | No Margins for Buying, Upto 2 times for Shorting |
| Currency Options | No Leverage | Upto 3 times |
| Commodities | Upto 4 times for Intraday | Upto 3 times |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat |  | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NEST, Karvy Web, Trade Mobile App | ODIN Diet, NB Trade, Beyond Mobile App, NB Back Office Mobile App |
| Total BSE+NSE Complaints | 229 | 129 |
| OVERALL RATING |  |  |
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
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Nirmal Bang Vs Karvy Online
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