When it comes to making investment in stocks or securities, traders usually look for the most trustworthy and reliable broking house which can levy minimal Nirmal Bang charges. Usually, the Nirmal Bang brokerage charges are comparatively lower than other such stock brokers.
The broking house provides a systematic charges structure to all of its clients so they can make an evaluation of brokerage charges on investment easily. Make sure to prepare a list of charges if you are looking forward to keep a track of all your transactions or finance.
This write-up mentions all the charges levied by the company so that traders or investors can check and make fair investment decision.
|Equity Delivery Trading||0.20%|
|Equity Intraday Trading||0.02%|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 20 per instruction|
What are the Nirmal Bang Brokerage Charges?
|What are the Equity Delivery Charges?||0.20%|
|What are the Equity Intraday Charges?||0.02%|
|What is the brokerage on Equity Futures?||0.02%|
|How much brokerage charged for Equity Options?||Rs.25 per Lot|
|What is the brokerage on Currency Futures?||0.02%|
|What is the brokerage on Currency Options?||Rs.20 per Lot|
|How much brokerage charged for Commodity Trading?||0.01%|
|Brokerage Calculator||Nirmal Bang Brokerage Calculator|
The Nirmal bang Brokerage Charges are simply specified according to each investment segment. If you are a trader and want to invest in equity delivery then the charges are just 0.20% of the total turnover.
As it is clearly specified in the above table the charges for equity delivery are comparatively higher than other such investment segments.
Relatively, the broking group levy only 0.02% of the total investment amount for offering equity intraday, equity futures and currency futures segment. And company charges Rs.25 per lot on equity options and Rs.20 per lot on currency options.
Along with minimal brokerage charges information, we offer Nirmal Bang Brokerage Calculator to the clients for calculating the exact brokerage levied on invested amount.
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What are the Nirmal Bang Account Opening Charges?
|Account Opening Charges|
|Is there any Trading Account Charges [One Time]?||Rs 0|
|How much is the Trading Account AMC [Yearly]?||Rs 0|
|Is there any Demat Charges [One Time]?||Rs 0|
|How much is the Demat AMC [Yearly]?||Rs 200|
|Any minimum Margin Money required?||75% Margin|
As you can check in the above-mentioned table, the Nirmal Bang Account Opening Charges are nil which is one of the biggest perks for all the traders. Usually, this offering of the company will majorly attract beginners.
The company only levy annual maintenance cost for maintaining demat account that is Rs.200. Also, traders may need to have margin money of at least 75% Margin to maintain the investment portfolio with Nirmal Bang broking house.
Apart from the Nirmal Bang Demat Account Charges, clients are not obligated for anything, including the trading charges.
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What are the Nirmal Bang Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||0.00390%|
|What are the Transaction Charges for Equity Intraday?||0.00390%|
|How much is the Transaction Charges for Equity Futures?||0.00240%|
|How much is the Transaction Charges for Equity Options?||0.05700%|
|What are the Transaction Charges for Currency Futures?||0.00240%|
|What are the Transaction Charges for Currency Options?||0.05700%|
|Any Transaction Charges for Commodity Trading?||0.00250%|
Nirmal Bang Transaction charges are very nominal as stated in the above table. The company levy very small amount of transaction charges from the total profit. Such kind of charges does not have a huge effect on the finances of the clients.
However, every broking house charges different amount for transaction charges but the Nirmal Bang levy very reasonable and affordable transaction charges.
The broking company charges 0.00390% of total turnover for equity delivery and equity intraday, 0.00240% of total turnover on equity futures and currency futures, 0.05700% of total turnover on equity options and currency options and 0.00250 % of total turnover on commodity trading.
What are the other remaining Nirmal Bang Charges?
|How much is the Transaction Charges levied?||0.00390% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell |
Equity Intraday: 0.025% on the Sell Side
Equity Futures: 0.01% on Sell Side
Equity Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.002%, Equity Futures: 0.002%, Equity Options: 0.002%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.002% (MCX)|
|How are the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 20 per instruction|
|Any charges Account Closure?||NIL|
|What are the Dematerialisation Charges?||Rs 40 (For every 50 certificate)|
Nirmal bang other charges structure is also customized with very nominal charges for each segment. The broking company levy transaction charges only 0.00390% of total turnover, STT charges are 0.126% of total turnover, stamp duty charges are basically between the range of 0.002% to 0.004% and also it has a dependency on state as well so the charges may vary from state to state.
Moreover, the GST charges are 18% of (brokerage + transaction charges) and for margin funding the charges are 18% + GST. And the broking company usually charges Rs.NIL per investment segment on account closure and Rs.20 per segment for account reactivation.
Also, dematerialization charges are just Rs 40 (For every 50 certificate) which are also very low. Hence, the above table shows that the Nirmal Bang charges / Govt Charges are very accurate and nominal.
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General FAQs on Nirmal Bang Charges
Lets have a look at the FAQs on Nirmal Bang Charges:
Does Nirmal Bang provide fixed brokerage options?
No, the broking house does not have the policy of providing fixed brokerage options.
Does Nirmal Bang have different brokerage charges for penny stocks?
No, the broking house does not have any kind of brokerage charges policy for penny stocks.
Can I calculate Nirmal Bang brokerage even before I place a Trade?
Yes, the broking house facilitates very exciting brokerage calculating tool which shows exact results.
Can I calculate Nirmal Bang margin / limit / exposure?
Yes, investors can make use of Nirmal Bang margin calculator to calculate limit, exposure and margin before placing trade.
Is there any account opening fees by Nirmal Bang?
Yes, the broking house charges some amount of fees for opening accounts.
Is there any AMC levied by Nirmal Bang?
No, the company does not charge any AMC for the accounts.
Nirmal Bang Charges – Conclusion
This write up can be the perfect guide for beginners who are looking forward to investing with Nirmal Bang house. The Nirmal Bang Brokerage Charges are all that you must aware of while trading.
If you are a beginner then make sure that you are aware of all the brokerage charges and profit generating capabilities to earn good profit on invested value. Thoroughly going through the set of brokerage charges levied on each investment segment will help you in making right investment decision.
Nirmal Bang Charges are economically drafted which will surely reduce your liabilities at some point of trading. The broking company is a good platform if you want to move forward and initiate trading for the first time.
Open Demat Account with Nirmal Bang Now! – Fill up the Form
Find out Brokerage Charges of other Stock Brokers
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