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Paytm Money Vs Nirmal Bang: Which one is better?

Both the brokers are registered with SEBI. Paytm Money offers investmenet in Equity, F&O and Currency only, where Nirmal Bang offers investment in Equity, F&O, Currency and Commodities.. The brokerage of Paytm Money Max Rs 20 per trade while the brokerage of Nirmal Bang ranges between .02% to .20%. Paytm Money is a Discount Broker where Nirmal Bang is a Full Service Broker. Paytm Money is having overall higher rating compare to Nirmal Bang. Paytm Money is rated 4 out of 5 where Nirmal Bang is rated only 3 out of 5. Number of active customer for Paytm Money is 8,02,146 where number of active customer for Nirmal Bang is 1,41,246. Paytm Money is serving more customer compare to Nirmal Bang.

Here we present side-by-side comparison of Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money 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 Paytm Money vs Nirmal Bang on Service

	Paytm Money	Nirmal Bang
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Discount Broker	Full Service Broker
Exchanges Supported	NSE, BSE	BSE, NSE, MCX, NCDEX
Active Clients	8,02,146	1,41,246
Broker Overview	In a short span of time since 2017, Paytm Money became one of the fastest-growing brokers with its Rs. 20 maximum brokerage trading fee, and commission-free mutual fund investment on the simple, user-friendly, & transparent Paytm Money App & ...	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

Account Opening Charges and AMC

Compare Paytm Money vs Nirmal Bang on Trading & Demat Account Opening Charges

Comparison of Paytm Money 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 - Paytm Money offer Free AMC for Demat account where Nirmal Bang charges Rs 200 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Paytm Money with Nirmal Bang

Charges	Paytm Money	Nirmal Bang
Trading Account Opening Fees	Free	Free
Trading AMC	Rs 30 per month (Platform fees)	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Free	Rs 200 PA
Provide DP Service

About Brokerage Plans

Compare Paytm Money vs Nirmal Bang on Plan Options

Plans are the most important feature you look when compare Paytm Money 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 Paytm Money with Nirmal Bang on Plan Options

Plan Types	Paytm Money	Nirmal Bang
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

Brokerage Charges

Compare Paytm Money vs Nirmal Bang on Brokerage Charges

Paytm Money Brokerage Plan detail - Paytm Money offers a flat brokerage plan for trading in the equity segment whereas mutual fund investment with Paytm Money is absolutely free of cost. The brokerage house offers online trading at a maximum Rs 20 per order brokerage fee, while if you already have an active demat and trading account with Paytm Money before 26 August, you will still enjoy trading across segments at a maximum brokerage of Rs 15 per executed order.

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

Share Broker's Transaction Charges

Compare Paytm Money vs Nirmal Bang on Transaction Charges

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

Account Features

Compare Paytm Money vs Nirmal Bang on Account Features

Compare Paytm Money 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 Paytm Money doesn't offers Algo Trading. Margin Funding - Nirmal Bang offers a margin funding where Paytm Money doesn't offers margin funding. NRI Trading - both doesn't offer NRI Trading facility.

Account Features - Paytm Money with Nirmal Bang

Account Features Compare	Paytm Money	Nirmal Bang
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:10 PM	3:15PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare Paytm Money vs Nirmal Bang on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Paytm Money 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 Paytm Money with Nirmal Bang

Trading Platform Compare	Paytm Money	Nirmal Bang
Desktop Trading Platform	Paytm Money	ODIN Diet
Desktop Demo	Info Not Available	Info Not Available
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	Paytm Money Web	https://nbtrade.nirmalbang.net/netnetlite/
Web Trading Demo	Web Trading Demo	Info Not Available
Mobile Site
Mobile Trading
Mobile Trading App	Paytm Money App	Beyond
Mobile Trading App Demo	Paytm Money App Demo	Info Not Available
Android Mobile App
Android App Download	Andriod Paytm Money App Download	Andriod Beyond Download
iPhone Mobile App (IOS)
iOS App Download	iOS Paytm Money App Download	iOS Beyond Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Rs. 30 per month	Info Not Available
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for Paytm Money	Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang
Futures Brokerage Calculator	Futures Brokerage Calculator for Paytm Money	Futures Brokerage Calculator for Nirmal Bang
Options Brokerage Calculator	Options Brokerage Calculator for Paytm Money	Options Brokerage Calculator for Nirmal Bang
Detail	Detail on Trading Platforms for paytm-money	Detail on Trading Platforms for nirmal-bang

Broker Ratings by Users

Compare Paytm Money vs Nirmal Bang on User Rating

	Paytm Money	Nirmal Bang
	6 Customer Reviews	2 Customer Reviews
Fees Ratings	3.2	3.5
Trading Brokerage Rating	3.8	4.0
Trading Platform Usability	3.2	3.0
Customer Service Ratings	2.7	3.5
Overall Ratings	3.0	3.5
Broker Rating	Paytm Money is Rated 3.0 / 5 based on 6 customer reviews	Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews

Investment Offerings

Compare Paytm Money vs Nirmal Bang on Investment Offerings

Compare Paytm Money 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 - Nirmal Bang offers trading options in Commodity (MCX) where Paytm Money doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Paytm Money with Nirmal Bang

Investment Offerings Compare	Paytm Money	Nirmal Bang
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare Paytm Money vs Nirmal Bang on Order Types

Order Type - Compare Paytm Money 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) - Paytm Money provide Cover Orders (CO) where Nirmal Bang doesn't offer.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) - Paytm Money provide Bracket Orders (BO) where Nirmal Bang doesn't offer.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- Paytm Money offers Good Till Cancelled (GTC) orders where Nirmal Bang doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Paytm Money with Nirmal Bang

Order Type Compare	Paytm Money	Nirmal Bang
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare Paytm Money vs Nirmal Bang on Customer Service

Compare Paytm Money 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 Paytm Money with Nirmal Bang

Customer Service Compare	Paytm Money	Nirmal Bang
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	Info Not Available	Info Not Available
Account Opening Process	Online/Paperless	Info Not Available
Customer Support Email	[email protected]	Info Not Available
Knowledge Center/Education	https://www.paytmmoney.com/care	Info Not Available
Head Office Address	Paytm Money Stock Broking Essae Vaishnavi Summit Ground Floor, Koramangla, 80 Feet Road, Bengaluru - 560034	Info Not Available
Website	https://www.paytmmoney.com/	Info Not Available

Tips/Research/Reports Published

Compare Paytm Money vs Nirmal Bang on Research Reports, Tips

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

Research Reports - Compare Paytm Money with Nirmal Bang

	Paytm Money	Nirmal Bang
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare Paytm Money vs Nirmal Bang on Demat Account

Compare Paytm Money 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 Paytm Money is Zero.

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 Paytm Money is ₹10 per ISIN 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 Paytm Money with Nirmal Bang

	Paytm Money	Nirmal Bang
DP Source	CDSL	CDSL
DP ID	12088800	No
Demat Account Annual Maintenance Charges(AMC)	Zero	₹360 pa
Advance Deposit	Nil	NIL
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	₹10 per ISIN	0.03% of the transaction value (Min ₹15)
Demat	₹250 per 100 shares	₹40 per demat requets + ₹40 for additional 50 certificate
Remat	₹250 per 100 shares	0.04% of the value or ₹15 per certificate (whichever is higher)
Pledge Creation	₹32 per ISIN	0.02% of the transaction value (Min ₹100)
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	₹32 per ISIN	0.02% of the transaction value (Min ₹100)
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	₹32 per ISIN	0.02% of the transaction value (Min ₹100)
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare Paytm Money vs Nirmal Bang on Special Offers and Promotion

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

Compare Paytm Money vs Nirmal Bang on Special Offers and Promotion

	Paytm Money	Nirmal Bang
Pay In and Pay Out Options	Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking Pay-out/Fund Withdrawal - Bank Transfer only	Info Not Available
Payout Time	Max 24 hrs except bank holidays	Info Not Available
Bank Supported and Charges	Paytm Money allows 190+ Banks.	Info Not Available
Bank Detail	Info Not Available	Info Not Available
Likes	100% paperless KYC process No annual maintenance charges on Demat Account Free account opening at no cost Brokerage-free investment in direct mutual funds Transparent pricing model of Rs 20 brokerage One-tap investment in IPO User-friendly platforms with ease of investment Swift and secure UPI payment Bracket order, cover order, GTT order, and OCO order 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	No commodity and currency trading Does not offer NRI trading Its platform are not free of cost. No 3-in-1 account opening facility. Does not offer Rs 0 brokerage unlimited monthly trading plans. Delivery trading is not free No trading terminal offered No branch or customer support High call & trade charge 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
Enquiry	Open Paytm Money Account Now>>	Open Zerodha Account Now>>