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Geojit Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Geojit ranges between .03 to .3% while the brokerage of Nirmal Bang ranges between .02% to .20%. Both the brokers are Full Service brokers. Geojit is having overall higher rating compare to Nirmal Bang. Geojit is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5. Number of active customer for Geojit is 2,43,714 where number of active customer for Nirmal Bang is 1,41,246. Geojit is serving more customer compare to Nirmal Bang.

Here we present side-by-side comparison of Geojit vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Geojit vs Nirmal Bang's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Geojit vs Nirmal Bang share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Geojit vs Nirmal Bang's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Geojit vs Nirmal Bang on Service

  Geojit Compare
Geojit
Nirmal Bang Compare
Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 2,43,714 1,41,246
Broker Overview Open a Free Demat Account online with Geojit BNP Paribas today to start online trading on the state-of-the-art trading platforms; SELFIE app, web, and desktop terminal, and also get financial planning, portfolio management services, and get free acce... Know more about Geojit Open a free trading & demat account with one of the most prominent full-service brokers in India. Get the best Nirmal Bang Research & advisory, portfolio management services, and trade on the superfast Beyond and ODIN trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Geojit vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of Geojit with Nirmal Bang on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Geojit charges Rs 700 PA AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Geojit with Nirmal Bang
Charges Geojit Nirmal Bang
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 700 PA Rs 200 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Geojit vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare Geojit with Nirmal Bang. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Geojit with Nirmal Bang on Plan Options
Plan Types Geojit Nirmal Bang
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Geojit vs Nirmal Bang on Brokerage Charges

Geojit Brokerage Plan detail - This is a standard plan by Geojit This is % based brokerage plan.This is % based brokerage plan. Brokerage is between .03% to .3%, which is 3 paisa to 30 paisa.

Nirmal Bang Brokerage Plan detail - Nirmal Bang default brokerage plan charges a fixed rate of percentage-based brokerage fee on trading in different segments.

Brokerage Charges - Compare Geojit with Nirmal Bang
Brokerage Charges Compare Geojit Nirmal Bang
Plan Name Online Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.30% or 30 paisa 0.2% or 20 paisa
Equity Intraday 0.03% or 3 paisa 0.02% or 2 paisa
Equity Futures 0.01% 0.02% or 2 paisa
Equity Options Rs 50 Per Lot Rs 35 Per Lot
Currency Futures 0.03% or 3 paisa 0.02% or 2 paisa
Currency Options Rs 50 Per Lot Rs 20 Per Lot
Commodity Trading 0.05% (Buy and sell)| Options: Rs. 150/lot| Option 0.02% or 2 paisa
Minimum Brokerage 1p per share or Rs 20/contract whichever is higher NIL
Hidden Charges Info Not Available Info Not Available
Funding Yes - 20% interest PA Info Not Available
Call & Trade Charges Free NA
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Geojit Brokerage Calculator for Nirmal Bang
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Share Broker's Transaction Charges

Compare Geojit vs Nirmal Bang on Transaction Charges

Compare Geojit with Nirmal Bang on transaction charges and PCM fee by segment.

Transaction Charges - Compare Geojit with Nirmal Bang
Transaction Charges Compare Geojit Nirmal Bang
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for geojit Complete Brokerage Plans for nirmal-bang
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Account Features

Compare Geojit vs Nirmal Bang on Account Features

Compare Geojit with Nirmal Bang on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - Nirmal Bang offers Algo Trading where Geojit doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Geojit offers NRI where Nirmal Bang doesn't offers NRI Trading.

Account Features - Geojit with Nirmal Bang
Account Features Compare Geojit Nirmal Bang
3 in 1 Account No Geojit have 2-in-1 account. Only Demate and Trading account. No Geojit have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Geojit vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Geojit and Nirmal Bang. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Geojit with Nirmal Bang
Trading Platform Compare Geojit Nirmal Bang
Desktop Trading Platform SELFIE Platinum ODIN Diet
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://selfie.geojit.net/ https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SELFIE Geojit Beyond
Mobile Trading App Demo SELFIE Geojit Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SELFIE Geojit Download Andriod Beyond Download
iPhone Mobile App (IOS) No No
iOS App Download iOS SELFIE Geojit Download iOS Beyond Download
Android Tablet App Yes Yes
iPad App (IOS) No No
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Geojit Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator Futures Brokerage Calculator for Geojit Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator Options Brokerage Calculator for Geojit Options Brokerage Calculator for Nirmal Bang
Detail Detail on Trading Platforms for geojit Detail on Trading Platforms for nirmal-bang

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Broker Ratings by Users

Compare Geojit vs Nirmal Bang on User Rating

  Geojit Nirmal Bang
  79 Customer Reviews    Rate Geojit 2 Customer Reviews    Rate Nirmal Bang
Fees Ratings 3.6 3.5
Trading Brokerage Rating 3.4 4.0
Trading Platform Usability 3.9 3.0
Customer Service Ratings 3.8 3.5
Overall Ratings 3.7 3.5
Broker Rating Geojit is Rated 3.7 / 5 based on 79 customer reviews Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews
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Investment Offerings

Compare Geojit vs Nirmal Bang on Investment Offerings

Compare Geojit with Nirmal Bang on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Geojit provide PMS Service where Nirmal Bang doesn't offer

Investment Offerings - Compare Geojit with Nirmal Bang
Investment Offerings Compare Geojit Nirmal Bang
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes No
PMS Service Yes No
Other Investment Options Insurance NIL
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Order Types

Compare Geojit vs Nirmal Bang on Order Types

Order Type - Compare Geojit with Nirmal Bang on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Both broker don't have Cover Orders (CO).Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both broker don't have Bracket Orders (BO).With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Geojit offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Geojit with Nirmal Bang
Order Type Compare Geojit Nirmal Bang
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No No
Bracket order No No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Geojit vs Nirmal Bang on Customer Service

Compare Geojit with Nirmal Bang on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Geojit with Nirmal Bang
Customer Service Compare Geojit Nirmal Bang
24/7 Customer Service Geojit vs Nirmal Bang - 24x7 customer support No No
Email Support Geojit vs Nirmal Bang - Email Support Yes Yes
Onine Live Chat Geojit vs Nirmal Bang - Onine Live Chat No No
Phone Support Geojit vs Nirmal Bang - Phone Support Yes Yes
Toll Free Number Geojit vs Nirmal Bang - Toll Free Number Yes No
Through Branches Geojit vs Nirmal Bang - Through Branches Yes Yes
Customer Care Number Geojit vs Nirmal Bang - Customer Care Number 1800-425-5501/1800-103-5501/91-484-2405822 Info Not Available
Account Opening Process Geojit vs Nirmal Bang - Account Opening Process Offline Info Not Available
Customer Support Email Geojit vs Nirmal Bang - Customer Support Email [email protected] Info Not Available
Knowledge Center/Education Geojit vs Nirmal Bang - Knowledge Center/Education https://insights.geojit.com/ Info Not Available
Head Office Address Geojit vs Nirmal Bang - Head Office Address/Corporate Address Geojit Financial Services Ltd.
34/659-P,
Civil Line Road Padivattom,
Kochi 682024
Info Not Available
Website Geojit vs Nirmal Bang - Company Website https://www.geojit.com/ Info Not Available
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Tips/Research/Reports Published

Compare Geojit vs Nirmal Bang on Research Reports, Tips

Compare Geojit with Nirmal Bang on research reports and tips provided by the broker.

Research Reports - Compare Geojit with Nirmal Bang
  Geojit Nirmal Bang
Research Mutual Funds Geojit vs Nirmal Bang - Research Mutual Funds Yes Yes
Research Equity Reports Geojit vs Nirmal Bang - Research Equity Reports Yes Yes
Research ETF Geojit vs Nirmal Bang - Research ETF Yes Yes
Daily Market Report Geojit vs Nirmal Bang - Daily Market Report Yes Yes
Free Tips Geojit vs Nirmal Bang - Free Tips Yes Yes
Quarterly Result Analysis Geojit vs Nirmal Bang - Quarterly Results Yes Yes
News Alerts Geojit vs Nirmal Bang - Yes Yes
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Demat Account

Compare Geojit vs Nirmal Bang on Demat Account

Compare Geojit with Nirmal Bang on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Nirmal Bang is ₹360 pa where for Geojit is ₹600 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Geojit is 0.02% of transaction value (Max ₹40) + CDSL charges where for Nirmal Bang is 0.03% of the transaction value (Min ₹15).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Geojit with Nirmal Bang
  Geojit Nirmal Bang
DP Source CDSL CDSL
DP ID Geojit vs Nirmal Bang - DP ID 48900 No
Demat Account Annual Maintenance Charges(AMC) ₹600 pa ₹360 pa
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.02% of transaction value (Max ₹40) + CDSL charges 0.03% of the transaction value (Min ₹15)
Demat ₹100 per demat request max 5 + ₹20 each additional certificate ₹40 per demat requets + ₹40 for additional 50 certificate
Remat ₹10 per certificate or ₹10 per certificate which ever is higher + ₹35 courier charges 0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation ₹50 per transaction 0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation Nil Nil
Pledge Closure Nil 0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹50 per transaction 0.02% of the transaction value (Min ₹100)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Geojit vs Nirmal Bang on Special Offers and Promotion

Compare Geojit with Nirmal Bang on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Geojit vs Nirmal Bang on Special Offers and Promotion
  Geojit Nirmal Bang
Pay In and Pay Out Options Geojit vs Nirmal Bang - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from SELFIE Trading Platform.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Geojit vs Nirmal Bang - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Geojit vs Nirmal Bang - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • Trade and invest in stocks, derivatives, commodities, and currencies.
  • Zero account opening charges and Zero AMC.
  • 3-in-1 account opening.
  • Invest in smartfolios, a basket of stocks.
  • Diversify your portfolio with global investment.
  • In-depth stocks and mutual fund research access for free.
  • STEPS, comprehensive financial planning, and investment advisory
  • Apply for IPO and invest in mutual funds.
  • Secure & user-friendly SELFIE superfast platform in web, app, and desktop versions.
  • FundsGenie, a dedicated mutual fund app platform.
  • Great quality customer care support.
  • 4x exposure on Margin trading facility (MTF).
  • Place buy and sell GTT order.
  • Loans against shares.

Detail Review...

  • Multiple trading and investment products.
  • Zero account opening fees.
  • Low maintenance charges.
  • Trade on the web, Beyond mobile app, and ODIN desktop platform.
  • Next-gen Algo trading platform to automate your trading journey.
  • Technical calls and research across equity, commodity, currency, mutual funds, etc.
  • Institutional research including sector and company-specific reports.
  • An abundance of educational sources i.e., articles, blogs, and educational videos.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • After-market order (AMO) facility.

Detail Review...

Dislikes
  • Geojit charges relatively high brokerage compared to other full-service brokers like Angel One, Edelweiss.
  • FundsGenie mutual fund app is not available for iOS platform users.

Detail Review...

  • Nirmal Bang does not provide Good Till Triggered (GTT) order
  • High brokerage charges than discount brokers.
  • Minimum margin money of Rs. 10,000 is required to maintain.
  • It does not provide a 3-in-1 account opening facility.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-09-12T06:18:34+00:00