Nirmal Bang Securities – Brokerage charges, Margin, Demat

Nirmal Bang Review

Nirmal Bang Securities Pvt Ltd is India’s one of the top full-service stockbroker.  It is a Mumbai based financial firm established in the year 1986 and founded by Mr. Nirmal Bang, Mr. Dilip Bang, and Mr. Kishore Bang.

This full-service broker provides multiple trading segments in equity, derivative, commodity, and currency trading. Retail clients are availed with stock trading in various channels of BSE and NSE.

Similarly to the above services this stockbroker also provides a wide range of financial products including mutual funds, IPOs, fixed deposits & bonds, dedicated desk for NRIs and insurance broking (both general and life), institutional clients, clearing services, investment banking, portfolio management, margin financing, wealth advisory & research.

The company holds a membership with almost every India’s premier exchanges, including, Multi Commodity Exchange of India Limited (MCX), Bombay Stock Exchange (BSE), National Multi Commodity Exchange of India Limited (NMCE), MCX Stock Exchange Limited-

National Stock Exchange of India Limited (NSE), and National Commodity & Derivatives Exchange Limited (NCDEX) and. Nirmal Bang Securities Pvt Ltd is the depository partner (DP) of NSDL and CDSL. It allows its customers to trade in the following Segments:

• Equity
• Currency Trading
• IPOInstitutional Broking
• Mutual Funds
• Algo Trading
• Derivative Trading
• Forex Trading
• Commodity Trading
• Depository ServicesInsurance.

This full-service stockbroker also provides detailed research to its clients. Nirmal Bang The main research services of organization mentioned below:

• Technical calls on Commodity, Equity, and Derivatives.
• IPO watch
• Nirmal bang research Research reports on Equity, Mutual funds, and Commodity
• Generating Currency reports

Introduction of a magazine named ‘Beyond Market’This company managed well to build strong network branches and regional offices across India.

Presently, it expanded its network over 16 major Indian states. In addition, handling an active Client base of 94,000+ which makes it possible to hold the 17^th position in the overall stockbroking community in India.

Nirmal Bang Securities Trading Platforms

Nirmal Bang provides a combination of in house and out-sourced trading platforms to its customers/clients. Let’s find out a few of the trading applications/platforms in detail.

1. Nirmal Bang ODIN DIET

It is a software application-based conventional trading terminal that users/clients can easily download and install in their Laptop or Desktop. It is very user-friendly just simply connect directly with Nirmal Bang to Start Trading.

Since the application is very lightweight, efficient and smooth this enhances the trading experience to the next level.

 Some of the best ODIN DIET features are mentioned below:

• Users can access data from multiple exchanges in real-time.
• Availability of customizable user interfaces, themes, and personalized views.
• Integration with multiple payment gateways for smooth and easy fund management, fund allocation, and withdrawal features.
• Provision to direct placing of orders with real-time quotes.

2. Nirmal Bang NB TRADE

Nirmal Bang Trade also is known as NB TRADE is a web-based trading platform designed in house. The users/ clients can access it via browsing a link with valid login credentials and start performing trading activities without any installations.  The main advantage of this trading terminal is that it can be accessed from anywhere and with any device.

With this trading terminal, clients can trade in almost every segment including Currency, Equity, Commodity or Derivatives.

Few best features of this trading terminal include:

• Very lightweight web-based trading terminal.
• Availability of multiple scripts with watch lists.
• Heat maps are allowed for user-friendly technical analysis.
• For an effective understanding of the stock market, the users can follow available charts.

3. Nirmal Bang MOBILE APP

The in-house developed mobile-based application named BEYOND Nirmal Bang is the official trading app of Nirmal Bang, which is managed by its own technical team.

Some of the latest features of this mobile app are:

• The best way of navigation from one segment to another and effective interactive design gives the trading a boost.
• Live market watch feature with multi-stock exchange streaming integrated.
• High efficient payment gateways with more than 25 prominent banks of the country for fund transfer.
• Introduction of intraday charts and news, live market reports and research.

However, there are few concerns raised by the users while trading with this app:

• Facing difficulties while performing the login.
• Market research reports are not available in the mobile app
• To attract new users the interface should be more improved and well organized.
• It is a mobile-based app conventional trading terminal that users can easily download and install in their mobile/smartphone.

Nirmal Bang Pricing and Charges

For trading with this full-Service stockbroker, clients need to pay the following charges

Nirmal Bang Demat Account Opening Charges:

On the other hand, comparing with other full-service stockbrokers, the account level charges of Nirmal Bang securities are very reasonable and nominal in nature because all full-service stockbrokers charge somewhere near Rs 450 to Rs 850 for account-related charges. The table mentioned below giving all account-related charges:

Nirmal Bang Schemes and Plans:

• It is one of the best brokerage plans provides by the Nirmal bang securities when compared to other stock brokers.
• In this plan, the brokerage is charged based on a percentage scheme on every transaction executed.

Let’s find out every charge in detail about the plan.

• The full-service stockbroker charges very less commission on Equity delivery of 0.2% excluding GST and other charges. When compared with other stockers it came out to be the lowest.
• Whereas the Equity Intraday charge of 0.02% is quite competitive in pricing with other big market players.
• Nirmal Bang charges for  Equity Futures of 0.02% of the Turnover, it makes the stocker broker the best in aggressively pricing abilities.
• However, it charges Rs.35/ lot for Equity Options, which is somehow to the costlier side but still goes well with the plan.
• The Currency future charges for both selling and buying currency are very nominal of 0.02%. it is the best segment to earn profit with minimum risk.
• Nirmal Bang charges per lot basis in case of Currency Options which is Rs.20 per lot.
• However, the broker charges 0.01%  of the total turnover for commodity dealings.

Nirmal Bang Securities Brokerage Charges

Nirmal Bang Securities Pvt Ltd is giving its best to charge the lowest brokerage as compared to other full-service stockbrokers. Because the brokerage charges of Nirmal Bang is nowhere close to other full-service stockbrokers. This stockbroker may be the best option for the users to opt for.

Nirmal bang Equity Delivery Brokerage Charges.

Equity Delivery Brokerage also known as a delivery brokerage is a brokerage payable on a delivery trade which will be settled as per the exchanges T+2 settlement cycles.

Nirmal bang charges 0.2% brokerage, 0.0039% of transaction charge, including 18% GST. It also includes STT of 0.01%, SEBI charges of Rs. 15 /crore, and Stamp duty of 0.01% or Rs.50.

Nirmal bang Equity Intraday Brokerage Charges.

Equity intraday Nirmal bang securities brokerage charges are paid to the broker by the investor. Every broker has specific intraday brokerage charges with various transaction charges on the sell leg.

This full-service broker charges a commission of 0.02% as brokerage, including 18% of GST, STT of 0.025%, Stamp duty of 0.01% or Rs.50. it also includes transaction charge of 0.0039% and SEBI charges of Rs. 15 per crore.

Nirmal Bang Equity Futures Brokerage Charges.

Equity Futures are a special type of financial contract acts as assets to the individual. An agreement between a buyer and a seller agreed upon a specific quantity and price at the time of buying and selling.

Nirmal bang securities add a brokerage charge of 0.02%, including 18% GST, stamp charges of Rs. 50, SEBI charges of Rs. 15 per crore. In addition transaction charges of 0.0024% and an STT charge of 0.01%.

Nirmal Bang Equity Options Brokerage Charges.

Nirmal bang charges Rs. 35 /lot on brokerage, 0.057% of transaction charge, including 18% GST. It also includes STT of 0.017%, SEBI charges of Rs. 15 /crore, and Stamp duty of 0.01% or Rs.50 depends on the state.

It is the most popular and common type of equity derivative which enables the client to buy or sell and set prior cost before expiry.

Nirmal Bang Currency Futures Brokerage Charges.

In this contract, the investor agrees to buy one currency over other currency, at an upcoming date, however, both the buyer and seller agree at the time of contract creation. This stockbroker charges 0.02% brokerage charges, a transaction charge of 0.0024%, SEBI charges of Rs.15 and Rs. 50 for stamp duty. However, do charge for STT.

Nirmal Bang Current Options Brokerage Charges.

It is the way to buy securities that virtually allows to currency investors to obtain gains with any actual trade.

Nirmal bang charges Rs. 20 /lot on brokerage, 0.057% of transaction charge, including 18% GST. It also includes SEBI charges of Rs. 15 /crore, and Stamp duty of 0.01% or Rs.50 depends on the state. In addition,  no STT charges.

Nirmal Bang Commodity Brokerage Charges.

It is the commission obtains from the investor to the broker for executing commodity contracts.

Nirmal bang charges 0.01% brokerage, 0.0025% of transaction charge, including 18% GST. It also includes STT of 0.01%, SEBI charges of Rs. 15 /crore, and Stamp duty of 0.01% or Rs.50.

Nirmal Bang Transaction Charges

Unlike other charges and brokerage, the transaction charges are also very low. Moreover, this full-service broker plays it smartly by keeping the brokerage charges and transaction charges at the lowest to attract more clients. For example, the table is given below mentioning all transaction charges:

• The best thing about this full-service stockbroker is to provide high exposure up to 10 times in Intraday and up to 4 times in delivery in case of the Equity segment.
• In the case of Currency Futures, the stockbroker provides up to 2 times for Shorting and charges nothing on Buying.
• Exposure in the case of Currency Options and Commodity trading is up to 3 times.
• Nirmal Bang charges up to 4 times in case of Equity Futures
• Whereas in case of Equity Options this full-service Broker claims up to 2 times for shorting and charges nothing for buying.

Nirmal Bang Depository Service Charges

Nirmal Bang Margin/ Exposure/ Leverage/ Limit

Being a full-service stock Broker, it provides the best leverage to their traders with maximum exposure with limited equity. Let’s find out some of the capital Margin and exposure.

• The best thing about this full-service stockbroker is to provide high exposure up to 10 times in Intraday and up to 4 times in delivery in case of the Equity segment.
• In the case of Currency Futures, the stockbroker provides up to 2 times for Shorting and charges nothing on Buying.
• Exposure in the case of Currency Options and Commodity trading is up to 3 times.
• Nirmal Bang charges up to 4 times in case of Equity Futures
• Whereas in case of Equity Options this full-service Broker claims up to 2 times for shorting and charges nothing for buying.

Nirmal Bang Demat Account Opening

It is quite commonly found that first-time investor finds it difficult to open a DEMAT Account. But we are here to sort you out. Similarly, it is totally same as a bank account opening process and is super fast and easy.

There are 4 basic steps as mentioned below:

• Firstly choose a Depository Participant to open an account including a beneficial owner account with the depository.
• Fill all the investor details, with all supporting document’s copies like address proof, identity proof, income proof. In addition, the PAN Card is the most vital and mandatory. Verification is done by comparing with original documents.
• Rules and regulation copies are provided to the investors with the opening charges to the depository participant. DP representative will confirm all the documents provided by the investor.
• You can check details once the account is activated and can start online trading.

This Full-service broker company made the account opening procedure very simple. There are 3 simple ways to do that:

1. Online Account Opening( Instant Paperless account)

Opening online trading and Demat account just in few minutes, no paperwork needed.  In other words, the process is totally automated via eKYC and Aadhaar. In short, it is a hassle-free process with no printing, signing or sending the papers to brokers.

• Fill all your personal details (PAN, DoB and Adhaar Card).
• You need to check and validate all your KYC details.
• Proper bank account details must be mentioned along with IFSC CODE.
• Upload scanned copy of required documents
• Paying account opening fees online.
• E-sign all your documents and forms using OTP verification.

Moreover, the process gets completed in just a few minutes if you have all the information and scanned documents handy with you. As soon as you submit the online form if goes for manual verification. As a result, the account will be opened on the same working day if every document is ok and found genuine.

2. Visiting Nirmal Bang Branch offices.

If you are not comfortable in online account opening, no need to worry. Firstly, you just need to visit your nearest Nirmal Bang branch in your city and complete the opening process. in addition, The Full-service broker has incredible reach over 15 branches across major cities.

3. Requesting Account Opening Forms.

If none of the above-mentioned options work for you, no needs to worry just call Nirmal Bang customer Service and request for the account opening forms. After receiving the form simply fill these forms, sign them, attached required documents and send it to Nirmal Bang office Address.

LIST OF DOCUMENTS NEEDED FOR ACCOUNT OPENING: Following documents are needed for opening a trading and Demat accounts:

• AADHAR Card
• PAN CARD with Photo
• Proper Address Proof
• Latest Bank Statement with IFSC and MICR code
• Canceled cheque
• Passport size photo.

Nirmal bang securities are providing exciting and convenient ways for opening trading account in 3 easy steps.

• KYC documents
• An Email Id.
• A mobile number.

If in case you want to have special trading in derivative segments then additional documents are needed. All you need to fill in your details for registering yourself. You need to do the following things mentioned below:

Nirmal Bang Securities Account Opening Offer

Not only this, but this full-service broker is also providing free Demat Account as a limited period offer. In addition to this, they are providing Rs. 5,00,000 Personal Accidental Insurance* plus Rs. 50,000 Accidental Mediclaim*.

The above-mentioned activities can be performed via Nirmal Bang mobile app. It is available both on Google Play Store & Apple App Store.

Nirmal Bang Securities Products and Services.

1. Equity Trading Service:

When it comes to stock market investments the most prevalent word that comes to every investor’s mind is the word “EQUITY”.  The majority of the first time investors start their stock market career with equities. There are very few beginner level investors and traders actually understand the meaning of Equity.

There are many things one should know before trading in equity-like, what are the risks it carries? How many returns you can expect over a span of time? Equity is basically the owner of a company n the form of stake.

2. Algo Trading:

It is a pre-programmed way of trading including executing based on cost, size and time. It automatically sends small slices of orders out to the market with time. They are so developed that traders don’t need to monitor constantly on any stock and send slices manually.

There are few popular “algos” including Pegged, VWAP, Percentage of Volume, TWAP, Target close, Implementation shortfall.

In addition, it is widely considered by pension funds, mutual funds, investment banks, and hedge funds because these big institutional traders need to execute huge orders in the market daily, it is quite difficult to handle every size at once.

Here are a few benefits of Algo Trading:

• All trades are done at the best possible prices.
• To avoid price change each and every trade was managed with time
• It helps in reducing transaction charges.
• Simultaneous automated analysis of multiple market conditions.
• We make manual errors while placing trades whereas Algo trading minimizes it.
• Using old historical and real-time data algo trading can be backtested.
• Human traders make mistakes based on emotional and psychological issues whereas Algo trading reduces it.

3. Derivative Trading Service:

Derivatives are one of the most complex financial instrument as well as the most rewarding elements too. It is a trading mechanism in which investors enter into an agreement to trade in a future date or at a certain price. The proper analyzing the future value of the assets of the derivative you expected.

Derivatives’ trading is the best of both short and long term investors. The process is normal as we can buy and sell easily.

4. Institutional Broking Service:

Institutional Broker is the one who buys and sells securities and shares mainly from large institutional investors such as banking and financial institutions or mutual funds. As institutional broker’s trades with large volumes of securities and shares, therefore they charge the lowest commission/brokerage than retail brokers.

The institutional broking at Nirmal Bang securities is one of the best-specialized services. The teams are well experienced and backed with high detailed Nirmal bang research team which helps a lot in providing the most effective reports based on the markets.

5. Currency Trading Service:

As we all know currency trading is a challenging segment to perform effectively. Basically the process of buying and selling of foreign exchange and currencies. Nirmal the largest financial market in the world as more than $5 trillion of world currencies are traded daily.

The most challenging, adventurous, form of trading, which is mainly dominated by big players like banks and financial institutions; Also provides scope to big retail investors too.

6. Commodity Trading Service:

It is one of the newest or upcoming forms of trading in India. Commodities are an integral part of everyone’s life and trading in commodities is immemorial. Nowadays the concept of commodity trading is totally changed. 

In olden days we used to trade in cattle metals spices, grains, etc. but now the commodities are traded online over commodities exchanges and no involvement of actual delivery.

7. Margin Funding Service:

It is the process of providing short term loans to investors at an agreed rate of interest. It is mainly done to deal with shortfalls while buying shares and futures and options trading.

Easy loans help investors to perform continuous transactions in stocks and shares. Here are a few Marginal funding conditions mentioned below:

• LTV ratio of 50% must be maintained.
• Permit only First Group securities as collateral. Management is solely responsible for granting loans and its value.
• If any shortfall is found on an account then share price should be made good within 7 days. If an arrangement fails to maintain 50% LTV then, appropriate actions shall be taken including liquidation of securities as mentioned in the agreement.

8. Depository Service:

It is a way that enables traders and clients to perform selling and buying of stocks and government bonds without paperwork.

In other words, we can say that the securities kept in the form of a depository are almost similar to the liquid assets you deposit in your bank accounts.

9. Insurance Product:

Insurance is providing protection to any financial loss. In simple words, we can say it is a form of risk management against the risk of a contingent or uncertain loss.

An entity that provides insurance is known as an insurer or insurance carrier and a person or entity who buys insurance is known as an insured or policyholder.

10. Forex Trading:

Forex trading means exchanging foreign currency with local currency.  In other words, we can say foreign currency exchange is the process of changing one foreign currency into another currency for various reasons, mainly for tourism, trading, or commerce.

It is a placed order where the currency is traded. As we all know that currency is important for every people around the world because currencies need to be exchanged in order to perform trade and business with foreign countries.

The unique thing about this international currency market is that there is no central authority for foreign exchange. However, currency trading is performed electronically over the counter, which means every transaction is done via computer networks between traders around the globe.

The forex market is very active for 24 hours. Nirmal Bang securities provide the best services as the retail Forex brokers to their esteemed clients on a personalized/customized level. One of the best extensive research based speculations helps the traders to choose the best currency to trade with and to generate maximum profit possible.

11. Mutual Funds Product :

Investing in mutual funds is somehow an opportunity to earn higher returns. The main benefit of a mutual fund over stock investing is the less risk factor involved.

Assets Management Companies (AMCs) generated funds from multiple investors through different mutual funds schemes. After generating enough funds, proper planning is done to invest it in different financial products, such as equities, debt, and government bonds and securities.

In India there are basically three types of mutual funds:

Open-Ended & Close Ended:

The main advantage of Open-Ended mutual funds schemes is that you may enter or exit at any time as per your requirements. However, in the case of Close-Ended mutual fund Schemes, we don’t have such flexibility. In closed Ended scheme you invested and you can only exist during the specified time.

Small, Mid, & Large Cap:

The classification is totally based on the size of the company on which the money is invested.

Large-Cap mutual funds invest a larger portion of the money to the companies with high or greater market value /capitalization. These types of mutual funds are less risky because the money invested in the companies has a huge market capitalization and superior performance based on the last few years’ records.

However, in the case of Mid-Cap mutual funds, the investment is done to the mid-sized companies. The level of risk is a bit high when compared to Large–Cap mutual funds but there is always a chance of higher returns.

Lastly, Small-Cap mutual funds are very high-risk rates but the returns are even higher. In this scheme, we basically invest in small companies where there is always a chance of high exponential growth in later stages.

Balanced, Debt, and Equity Funds:

The other way to classify mutual funds based on where it is invested. If someone invests in stocks, then we can say it is an Equity mutual fund. However, if a scheme utilized most of its funds in debts products like government securities, corporate bonds or fixed deposits. Then it is known as debt fund.

Finally, a special scheme in which the funds are equally invested in both equity and debt products, that type of funding scheme is called balanced funds.

12. IPO:

IPO is known as Initial Public Offering, it is the way in which a private sector company turns into public and provides its shares to traders and investors. The main reason behind IPO filling is a company generally wants funds from private levels.

13. Nirmal Bang Brokerage Calculator:

An individual can perform his/her entire brokerage costs and other transaction charges using a brokerage calculator. Based on the trading pattern for both Intraday and Delivery can be monitored using a calculator.

The brokerage calculator not only calculates delivery but also trading expenses like STT, stamp duty, exchange transaction charges.

14. Nirmal Bang Margin Calculator:

It is the most vital tool in the trading field. To calculate the compressive margin while trading equity, F&O, currency, and commodity we use a Margin calculator.

The margin calculator calculates the exposure margin as well as span margin based on the volatility of exchanges.

15. NIRMAL BANG BACK OFFICE(BO)

This mobile app is mainly designed for all registered clients for checking out the following details about their account:

• Availability of snapshots based on weekly, monthly, yearly or user custom time interval
• Financial reports and reports.
• Notional cash and derivative.

NIRMAL BANG Basic Research

• Stock Price Analysis, Top Gainers And Losers, Out & Under Performers share, Top Buyers & Sellers, Market Highs & Lows, stock Advances & Declines
• Stock Weightege, 5 Days Up/Down, Historical Returns, Volume Analysis, Most Active, Block Deals
• Bulk Deals, Highest / Lowest Delivery, Index Analysis, Live Indices, Rising VDP, Rising VD Fall in Price
• Price Shockers, Volume Shockers, Delivery Shockers, News Analysis, Hot Stocks, Opening Bell, Midday Review
• Closing Bell, Other Market, Market Pulse, Economy, Company Result, FII Position, Global Markets
• Current Affairs & Politics, Mutual Funds News, Corporate Action, BSE Announcements
• NSE Announcements, Book Closure, Board Meetings, Bonus Issues, Right Issues, Split of Face Value
• Dividend Details, Delisted Companies, Change of Name, India Market, NSE BSE, Share Market Trading
• Stock Market Tips, BSE/NSE Holidays, Other Market, FII Investments, DII Investments, World Indices, ADR Prices, Share Market Holidays

Nirmal Bang Securities Research & Advisory

Research is one of the strongest segments for any stockbroker to grow in its field and service. Here are some fundamental and technical reports Nirmal Bang performs:

Equity Research :

• Volume Analysis, News Analysis, Indian Market, Index AnalysisPrice, Analysis, Corporate Action, Derivatives Analysis, Market Reports, Market Updates, Derivative Updates, Get Quotes, Nifty Futures update,
• Derivative Summary, FII Statistics, Daily Settlement Price, List of Underlying, Put Call Ratio, Derivative News, Most Active Calls, Most Active Puts, Market Report, Most Active Contracts, All Index Futures,
• Top Gainers, Top Losers, Top Value, Top Volume, Overview, Open Interest, Contracts Available, PL & Current OI, Basis In Futures

IPOs Research And Analysis :

Ipo Issues, Current Ipo Issues, Forthcoming Ipo Issues, Closed Ipo Issues, New Ipo Listings, Ipo Performance, Best Ipo Performance, Ipo News & Analysis, Basis Of Allotment, Draft Prospectus, IPO Bidding

Mutual Funds Research And Analysis :

• Mutual Funds Updates, Fund Profile, Scheme Profile, Daily NAV, Historical NAV, Category Returns, Dividend Details, Fund Ranking, MF Activities, All Holdings, What’s In/What’s Out, Mutual Funds Trends,
• Current About MF News, NFO Updates, Mutual Fund Reports, Recommended Fund List, Mutual Fund Performance Tracker, MF News and Updates, NFO Note, Monthly Feature, Special Reports

Commodities Research And Analysis :

• News Commentary
• Markets Movers

The overall accuracy and consistency is pretty well balanced and can be trusted. If you are beginner level traders then it will a great benchmark to use beneficial tips. In Addition with some bit of analysis of your own brain too.

However, if you are an expert player in the field of trading, then you can consider these tips as a reference for your setting your stock market momentum. Moreover, this will add a positive analysis to proceed in the right direction.

Nirmal Bang Securities Office Addresses  & Customer Service

Nirmal Bang Securities Customer Ratings

Nirmal Bang Charge Structure Explanation:

• STT: This is charged only on the sell side for intraday and F&O trades. It is charged on buy & sell sides for Delivery trades.
• Stamp Duty: The stamp duty is determined by the state government. The stamp duty is different in every state.
• Goods and Services Tax (GST): Nirmal broker charged at 18% GST of the total cost of Trading & investment brokerage + transaction charges.
• SEBI Turnover Fees: This is charged at Rs 15 per Crore.
• Transaction Charges: This stockbroker charged at Rs 325/crore for Equity trading, 230/crore for Futures Trading, Rs 5500/crore on premium for options trading.

comparison Nirmal Bang with closet competitors.

Meanwhile, let’s compare brokerage charges of Nirmal Bang with its 5 closest competitors who are currently playing in the markets as leaders.

Awards & Achievements Of Nirmal Bang

In the Year 2019

• MCX Award for Broking House-Base Metals.
• Won BSE Premier League Championship
• Winning Team of MCX Premier League

In the Year 2018

• MCX Award for Broking House-Research
• ASSOCHAM Excellence Award for being the best Commodity Broker of the Year
• Winners of MCX

In the Year 2017

• Awarded by Advisory India for being the 1^st Runner-Up Intraday Equity
• ASSOCHAM Excellence Award for being the Best Financial Service Provider
• CEO Award for Best Equity Research House
• CEO Award for Best Commodity Broker
• CHRO ASIA Award for Most Influential HR Leaders in India.
• Winner of BSE SENSEX Cup

In the Year 2016

• ASSOCHAM Excellence Award for Best Marketing Research in Bullion Industry
• ASSOCHAM Excellence Award  for Commodity Broker of the Year
• NSDL Star Performer Award for achieving 3^rd Position in Leadership of Go Green Initiative.
• CHRO ASIA Award for Most Influential 100 Global HR

In the Year 2015

• Cricket Extravaganza Runner-up by NSDL
• Winner Technology & Media by Research bytes.com

In the Year 2014

• Research bytes IC Award for Best Research as Research showcase Partner at Research bytes
• BFSI Vision CSR Award for Editors Choice Award of Excellence for Contribution to Society
• NSDL Star Performer Award for being the Top performer in Active Accounts(Big DPs)
• The year 2013: NSDL Star Performer Award for Top Performer in Active Accounts
• The Year 2012: MCX Financial Leadership for Highest Debt AUM
• 2011- India’s Best Market Analyst-Commodity Fundamentals by ZEE Business.

Nirmal Bang Advantages And Disadvantages

Nirmal Bang Advantages

• Being a full-service broker it provides a vast range of services including Broking, PMS, depository and Mutual Funds.
• The research services as very well maintained.
• Availability to access back-office software and risk management.
• Best physical presence with branches in 16 states.
• Zero account opening charges
• Experience margin trading facility on existing Demat holdings
• Enjoy dashboard view of all your investments i.e. stocks, mutual funds, gold ETFs, at one place
• No separate DIS slip required for selling or purchasing of stocks when power of attorney is activated
• Get Rs 5 lakh personal accident insurance.
• Get Rs 50,000 accidental medi-claim.
• Enjoy full access to Beyond Nirmal band app, the best online share/stock market trading mobile app for Google Play/App Store (Apple)

Nirmal Bang Disadvantages

• Nirmal Bang securities is a Full-service Stockbroker still doesn’t provide a 3 in 1 account.
• Brokerage rates are not transparent for every client and you can negotiate as per your need.
• Nirmal Bang stockbroker doesn’t have a margin Calculator and Brokerage calculator.
• The brokerage charged by this full-service broker is quite high when compared with discount brokers.

Conclusion

Finally, we can say that Nirmal Bang Securities Pvt Ltd mainly focuses on carrying the business through its branches and sub-brokers across India. Their main interest is to attract new local customers and to reach every small city.

In Addition, they have improved their centralized online trading platform and also improved its website look and feel. Being a full-service Broker Nirmal Bang is well-established brand value in the market, it basically attracts new generations.

Nirmal Bang General FAQs

Q. Which type of stockbroker it is?

It is a full-service stockbroker.

Q. Which stoke and commodity exchange I can trade via Nirmal Bang?

It offers you to trade at BSE, NSE, and MCX

Q. In which year Nirmal Bang is established?

In the year 1986.

Q. Who is the founder of Nirmal Bang?

Mr. Nirmal Bang, Mr. Dilip Bang, and Mr. Kishore Bang.

Q. What are the financial Products Nirmal Bang provides?

It allows its customers to trade in the following Segments: Equity, Currency Trading, Commodity Trading.

Q. What is the total number of clients Nirmal Bang having?

More than 16 states of India.

Q. What is Equity?

When it comes to stock market investments the most prevalent word that comes to every investor’s mind is the word “EQUITY”.

The majority of the first time investors start their stock market career with equities. There are very few beginner level investors and traders actually understand the meaning of Equity.

There are many things one should know before trading in equity-like, what are the risks it carries? How many returns you can expect over a span of time?

Equity is basically the owner of a company in the form of stake.

Q. What is the corporate office address of Nirmal Bang?

B-2, 301/302, Marathon Innova, Nr. Peninsula Corporate Park, Lower Parel (W), Mumbai- 400013.

Q. What is the Email id and Contact no. of Nirmal Bang Customer Care?

Tech support: [email protected], Customer care: [email protected]

Q. What is the traditional application-based trading terminal of Nirmal bang?

ODIN DIET