Nirmal Bang Review, Brokerage Charges, Demat A/C, Platforms & More

Nirmal Bang is one of the largest share and stock market trading firm in India. This Nirmal Bang Review covers in detail the various aspects of Nirmal Bang’s brokerage charges, features of its Demat account, trading account, and details of its trading platforms.

Headquartered in Mumbai, the key reason for the company’s popularity among its customers is its wide variety of trading platform offering. The company also provides awesome advisory services and a balanced trading platform to its customers.

Nirmal Bang is a registered stockbroking firm with the country’s prominent stockbroking firm including NSE- National Stock Exchange Ltd, BSE- Bombay Stock Exchange, MCX- Multi Commodity Exchange of India Ltd, NMCE- National Multi Commodity Exchange of India Ltd, MCX Stock Exchange Ltd. The company also has the depository participant membership in NSDL and CDSL.

The stockbroking firm has more than 30 years of experience in the stock market. The company since long has since been offering phenomenal financial and trading services.

The company provides a variety of financial products including equities, derivatives, commodities, currency, and other financial services including- fixed deposits, mutual funds, bonds, with dedicated service delivery for institutional customers and NRIs, margin financing, insurance broking, portfolio management, clearing services, wealth research & advisory, and investment banking.

Nirmal Bang boasts of pan India presence with regional offices and branches across the country, with physical availability in 16 Indian states.

Nirmal Bang Brokerage Charges

Nirmal Bang is one of those stock broking companies that levy brokerage according to the trade transactions made. Besides this, the company also has a basic plan that levies brokerage as per the transaction percentage. In this plan, Nirmal Bang levies charges of 0.02% on equity intraday trading, currency futures, and equity futures, and 0.20% on equity delivery trading. The company charges Rs.20 per lot basis on trading currency options while Rs. 35 per lot is charged on trading equity options. The company’s Demat account maintenance charges are levied as Rs.200 on a yearly basis and minimum margin money of Rs. 10,000 is levied.

Nirmal Bang Demat Account Opening Charges

Nirmal Bang has gained enormous trust and credibility of traders, having CDSL as its depository source. The company doesn’t charge any fees for demat or trading account opening, but the company charges Rs.200 as Demat account maintenance charges. The margin money is fixed at

Nirmal Bang Offers

Nirmal Bang provides lucrative offers to its traders, which eases their trading experience and aims to increase their earnings.

List of Offers by Nirmal Bang-

• The Demat account opening procedure is absolutely free.
• Zero charges for trading account opening.
• Nirmal Bang offers enormous discounts on brokerage.
• It has a variety of flexible brokerage plans for the user’s convenience.
• The company also boasts of convenient and flexible holiday offers that are bound to attract hoards of customers.

The company aims to provide quality broking and trading services to its clients. Nirmal Bang has become a name synonymous with customer satisfaction. Besides this, clients also get personalized customer support. The company lets customers trade more than 10 times a day.

Nirmal Bang Demat account opening procedure –

Nirmal Bang has a simple and easy account opening procedure. It comprises the following steps-

• Interested traders need to visit the company’s registered website and click on the “Open Demat Account” button.
• Fill in the form details with utmost accuracy, and click on the “Submit” button.
• The company executives will then verify the entered credential by calling you.
• This will be followed by an in-person appointment as per the prospects.
• There you’ll be asked to produce necessary documents such as PAN, Aadhar, Photograph, and POA, etc.
• After this, you’ll receive a confirmatory Demat account opening call within 3-4 hours.
• You’ll be handed over the Demat account for seamless trade.

Benefits of opening a Nirmal Bang Trading Account –

Nirmal Bang Trading Account brings with itself immense opportunities including-

• Versatile brokerage plan offering to all their clients.
• Free of cost trading and Demat account opening.
• Effective and superfast trading platforms accessible across all browsers and devices.
• Investment product offering including commodity, currency, equity, derivatives, and others.
• Good customer support for feedback action and complaint resolution.

Nirmal Bang Trading Platforms

Nirmal Bang has a wide variety of trading platforms that help traders access trade seamlessly.

ODIN – Nirmal Bang Trading Terminal

Nirmal Bang’s offering ODIN has a reputation of being India’s best trading platform. It greatly serves the investment needs of the customers and can be customized as per their needs. ODIN works well even at low bandwidths. The app is very-well linked to Nirmal Bang’s internet servers and hosts all the trading functions of the app.

ODIN is handy in size and can be easily downloaded on devices. It supports all the necessary trading features that complement a user’s trading experience.

NET – Nirmal Bang Web Trading Platform

NET NET is the company’s web-based trading software. The app has been designed in coordination with the HTML platform that provides optimum services with all prominent web browsers. Traders can efficiently trade in all trading segments across all the prominent stock exchanges. The software has phenomenal features including real-time charting, multiple market watch, net holdings/positions, access to trade book, or order book as well as the likes of immediate fund transfer facility.

Nirmal Bang Beyond Mobile App

Nirmal Bang’s Beyond Mobile App is one of the most comfortable stock trading applications. Traders can trade in Equities, Derivatives, Commodities, and Currency across NSE, BSE, NCDEX, NSEFO, and MCX. The app is a holistic trading platform that offers awesome features like live reports, branch locator, multiple market watch, intraday, and holistic charts, placing aftermarket orders, and in-app calling facility to customer care.

Nirmal Bang LD Rakshak

LD Rakshak is Nirmal Bang’s risk management software that works efficiently and smoothly while trading. The best part about the software is that it is well-connected with the company’s back-office and back end broking office even during the stock market hours.

LD Rakhshak also has some added benefits including ledger balance facility, risk monitoring features, positions, exposure, etc.

Conclusion – Nirmal Bang Review

Nirmal Bang also bags the top spot in the list of the nation’s full-service broking companies. It is the most preferred trading platform that is ushered with trust by millions of traders around the country. Traders must take note of the offers provided by the stock brokerage firm and make calculated decisions.

FAQs – Nirmal Bang Review