Aditya Birla Capital Vs Nirmal Bang Comparison – Which One is Better?

Introduction: 

Both Aditya Birla Money and Nirmal Bang offer different modern facilities to help to trade their investors. Only a relative methodical study can enlighten the areas where an investor needs to focus. This in-depth study between Aditya Birla Money vs Nirmal Bang enlightens those areas to assist traders to make investing decisions. 

Aditya Birla Money is an eminent name in full-service broking organization that started its journey in 2008 based on Chennai. 

This broker has a pan India presence with more than 41 branches and more than 750 sub-broker networks. 

In association with Allahabad bank, Aditya Birla Capital offers its customers a 3-in-1 account facility. 

Whereas, full-service broker Nirmal Bang (Nirmal Bang Securities Pvt Ltd)  was established in 1989. 

This broker has a huge product offering list for its investors. They publish customer informative magazine, tips, detailed research reports, etc for their investors.

Notable Features:

Nirmal Bang: 

  1. The marginal funding feature/facility is offered in collaboration with NBFCs. 
  2. Almost every investment option is offered.
  3. The minimum brokerage is not charged.
  4. No brokerage plan is offered to the customer. 
  5. Trading & DEMAT account opening is offered for free. 

Aditya Birla Capital: 

  1. Trading & DEMAT account opening is offered for free. 
  2. This broker facilitates investors to transfer funds to 11 leading banks. 
  3. It offers its investors a personal dedicated relationship manager. 
  4. Call & trade facility is free. 
  5. They also offer an immediate account of opening facilities for KRA compliance clients. 
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Overall Services 

Here we have compared Aditya Birla Capital vs Nirmal Bang based on their overall segment-wise reviews. 

We have accumulated these reviews from different public platforms.  We can see from the below comparison that in every aspect Aditya Birla Money is better than Nirmal Bang.

 ParticularsAditya Birla MoneyNirmal Bang
Overall Rating3.5 out of 53 out of 5
Brokerage Fee3.5 out of 53 out of 5
Trading Platform3.5 out of 53 out of 5
Investments Offering4 out of 53 out of 5
Customer Service3.5 out of 53 out of 5
Broker Type Full-service BrokerFull-Service Broker
Exchanges Supported NSE, BSE, MCX-SX, MCX, NCDEXBSE, NSE, MCX, NCDEX
Aditya Birla Capital Vs Nirmal Bang

Aditya Birla Capital vs Nirmal Bang AMC & AOC: 

Assessing Aditya Birla Money vs Nirmal Bang based on AOC & AMC we get the below details. 

Here we can see that both the broker offers free trading & DEMAT account opening as well as free trading AMC for their customer. 

ChargesAditya Birla MoneyNirmal Bang
Trading Account Opening FeesFree of costFree of cost
Trading AMCFree of costFree of cost
DEMAT Account Opening FeesFree of costFree of cost
DEMAT AMC450 Rupees PA or
555 Rupees for 5 Years
200 Rupees PA
Provide DP Serviceβœ”βœ”

Brokerage Plan Comparison 

Based on the brokerage plan we here have compared Aditya Birla Money vs Nirmal Bang as below. We can see from the below table that both the broker doesn’t have any brokerage plan to offer. 

Plan TypesAditya Birla BrokerageNirmal Bang Brokerage
Multiple Brokerage Plans🞬🞬
Monthly Brokerage Plans🞬🞬
Yearly Brokerage Plans🞬🞬

Comparing Aditya Birla Money vs Nirmal Bang based on brokerage fee we get the below details. 

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Here we can see that both the broker offers a percentage-based brokerage charge structure. 

Aditya Birla Money has a minimum brokerage charge for their customer whereas Nirmal Bang doesn’t have any brokerage charge. 

ParticularsAditya Birla MoneyNirmal Bang
Plan NameI-Decide Trading Plan
(Percentage Based)
Basic Trading Plan (Percentage Based)
Equity Delivery0.2% or 20 paisa0.2% or 20 paisa
Equity Intraday0.02% or 2 paisa0.02% or 2 paisa
Equity Futures0.02% or 2 paisa0.02% or 2 paisa
Equity Options35 Rupees Per Lot100 Rupees Per Lot
Currency Futures0.02% or 2 paisa0.02% or 2 paisa
Currency Options20 Rupees Per Lot20 Rupees Per Lot
Commodity Trading30 Rupees Per Lot0.02% or 2 paisa
Minimum BrokerageA minimum brokerage of 20 Rupees per executed orderNIL
Hidden ChargesInfo Not AvailableInfo Not Available
FundingInfo Not AvailableInfo Not Available
Call & Trade ChargesInfo Not AvailableInfo Not Available

Compare Transaction Fee

In terms of the transaction fee, we have compared Aditya Birla Money or Nirmal Bang as below. 

Here we can see from the table that the transaction fee structure charged by Aditya Birla money is greater than Nirmal Bang.

ParticularsAditya Birla MoneyNirmal Bang
Equity Delivery350 Rupees Per Cr325 Rupees Per Cr
Equity Intraday350 Rupees Per Cr325 Rupees Per Cr
Equity Futures200 Rupees Per Cr190 Rupees Per Cr
Equity Options6000 Rupees Per Cr5000 Rupees Per Cr
Currency Futures120 Rupees Per Cr110 Rupees Per Cr
Currency Options4200 Rupees Per Cr4000 Rupees Per Cr
CommodityNon-Agri: 360 Rupees Per Cr Agri: 275 Rupees Per CrNon-Agri: 260 Rupees Per Cr  Agri: 175 Rupees Per Cr

Account Feature

Assessing Aditya Birla Money vs Nirmal Bang based on account feature we get the below details. 

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Particulars Aditya Birla MoneyNirmal Bang
3 in 1 Account🞬🞬
Chartingβœ”βœ”
Algo TradingπŸž¬βœ”
SMS Alertsβœ”βœ”
Online Demoβœ”βœ”
Online Portfolioβœ”πŸž¬
Margin Trading Funding Availableβœ”βœ”
Combined Ledger for Equity and Commodityβœ”πŸž¬
Intraday Square-off Time3:15 PM3:15 PM
NRI Trading🞬🞬
Other FeaturesNILNIL

Aditya Birla Capital vs Nirmal Bang Trading Terminal 

Contrasting Aditya Birla Money vs Nirmal Bang in terms of Trading terminal offering we get the below-mentioned details: 

ParticularsAditya Birla MoneyNirmal Bang
Desktop Trading PlatformOMNESYS NEST-Express TradeODIN Diet
Desktop DemoInfo Not AvailableInfo Not Available
Desktop Platform (Windows)βœ”βœ”
Desktop Platform (Mac)🞬🞬
Web Trading Platformβœ”βœ”
Web Trading Detailabtrade.adityabirlamoney.com/PlatformWeb/Platform/Account/LogInnbtrade.nirmalbang.net/netnetlite/
Mobile Siteβœ”βœ”
Mobile Tradingβœ”βœ”
Mobile Trading Appβœ”βœ”
Android Mobile Appβœ”βœ”
iPhone Mobile App (IOS)🞬🞬
Android Tablet Appβœ”βœ”
iPad App (IOS)🞬🞬
Trading Software ChargesInfo Not AvailableInfo Not Available

Compare Investment Offering: 

Comparing Aditya Birla Money vs Nirmal Bang based on their product offering we get these details. 

Aditya Birla Money has insurance & MF SIP option in their product basket but Nirmal Bang doesn’t. 

ParticularsAditya Birla MoneyNirmal Bang
Equity Cash and F&Oβœ”βœ”
Currency Derivativesβœ”βœ”
Commodityβœ”βœ”
Online IPO Application🞬🞬
Mutual Fundsβœ”βœ”
Bond / NCDβœ”βœ”
ETFβœ”βœ”
Banking🞬🞬
Insuranceβœ”πŸž¬
Forex🞬🞬
MF SIP Investmentβœ”πŸž¬
Equity SIP Investment🞬🞬
PMS Service🞬🞬
Other Investment OptionsNILNIL

Margin or Leverage 

Based on the margin & leverage we compared here Aditya Birla Capital & Nirmal Bang : 

ParticularsAditya Birla Money MarginNirmal Bang Margin
Equity Delivery Leverage Maximum 5x through Margin Trading Funding systemInfo Not Available
Equity Intraday LeverageMaximum 10x or 10% considering Variable and ELM.Maximum 10x or 10% considering Variable and ELM.
Futures Leverage1x or the particular SPAN + Leverage.1x or the particular SPAN + Leverage.
Options Leverage1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share.
Equity CO LeverageMaximum 10x or 10% considering Variable and ELM, no further leverage charges are included for Cover Order.Maximum 10x or 10% considering Variable and ELM, no further leverage charges are included for Cover Order.
Futures CO Leverage1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order.1x or the particular SPAN + Exposure margin, No further leverage charges are included for Futures Cover Order.
Options CO Leverage1x or the particular SPAN + Exposure leverage (Selling a share) or Premium leverage (Buying a share), No further leverage charges are included for Options Cover Order.1x or the particular SPAN + Exposure leverage (Selling a share) or Premium leverage (Buying a share), No further leverage charges are included for Options Cover Order.
Commodity Leverage1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share.1x or the particular SPAN + Exposure in Selling a share and Premium leverage in Buying a share.
open Nirmal Bang demat account

Customer Care Support

Customer supportiveness is one of the basic things which every investor looking for. Both Aditya Birla Capital & Nirmal Bang e hereby compared based on customer support. 

ParticularsAditya Birla MoneyNirmal Bang
24/7 Customer Service πŸž¬πŸž¬
Email Support βœ”βœ”
Online Live Chat πŸž¬πŸž¬
Phone Support βœ”βœ”
Toll-Free Number βœ”πŸž¬
Through Branches βœ”βœ”
Customer Care Number 1800-270-7000Info Not Available
Account Opening Process Info Not AvailableInfo Not Available
Customer Support Email [email protected]Info Not Available
Knowledge Centre/Education stocksandsecurities.adityabirlacapital.com/learning-center/knowldge-centerInfo Not Available
Head Office Address Aditya Birla Money, Ali Centre, No. 53, Greams Road, Chennai – 600006Info Not Available
Website stocksandsecurities.adityabirlacapital.comInfo Not Available

DEMAT Account Feature 

Based on the DEMAT account feature we contrasted Aditya Birla Capital vs Nirmal Bang as below. It includes DP ID, DP dource, etc.

 ParticularsAditya Birla MoneyNirmal Bang
DP SourceABM is: CDSLNirmal Bang is -CDSL
DP ID ABM is : 37600Nirmal Bang is- No
DEMAT Account Annual Maintenance Charges(AMC)450 Rupees pa or
1500 Rupees Lifetime AMC
200 Rupees pa or 1000 Rupees for life time AMC
Advance DepositNILNIL
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)#8377;30 Rupees for Normal AC, #8377;20 Rupees for Lifetime AMC0.03% of the transaction value (Min 15 Rupees)
DEMAT5 Rupees per certificate + 50 Rupees courier charges40 Rupees per DEMAT request + 40 Rupees for additional 50 certificate
REMAT15 Rupees for every hundred securities or 15 Rupees per certificate (whichever is higher) + 50 Rupees courier charges0.04% of the value or 15 Rupees per certificate (whichever is higher)
Pledge Creation50 Rupees0.02% of the transaction value (Min 100 Rupees)
Pledge Creation Confirmation50 RupeesNil
Pledge Closure50 Rupees0.02% of the transaction value (Min 100 Rupees)
Pledge Closure Confirmation50 RupeesNil
Pledge Invocation50 Rupees0.02% of the transaction value (Min 100 Rupees)
Failed Instruction ChargesNilNil
Other ChargesNilNil

Concluding Word

Aditya Birla Capital & Nirmal bang both are famous in terms of their different facilities they offer to investors. Both the brokers have some pros and cons but choosing the right broker should be done keeping in mind the exact & individual needs.

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