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Nirmal Bang Vs Sushil Finance: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Nirmal Bang ranges between .02% to .20% while the brokerage of Sushil Finance ranges between .01 to .03 . Both the brokers are Full Service brokers. Overall rating for both the brokers are also equal with rating 3 out of 5. Number of active customer for Nirmal Bang is 1,40,413 where number of active customer for Sushil Finance is . Nirmal Bang is serving more customer compare to Sushil Finance.

Here we present side-by-side comparison of Nirmal Bang vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Nirmal Bang vs Sushil Finance'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 Nirmal Bang vs Sushil Finance share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Nirmal Bang vs Sushil Finance'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 Nirmal Bang vs Sushil Finance on Service

  Nirmal Bang Compare
Nirmal Bang
Sushil Finance Compare
Sushil Finance
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 1,40,413
Broker Overview 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. Sushil Finance is one of the oldest full-service brokers serving the industry since 1982. A complete range of products & service offerings including NRI trading, free account opening, cutting-edge trading platforms, insightful research, and robus...Know more about Sushil Finance
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Nirmal Bang vs Sushil Finance on Trading & Demat Account Opening Charges

Comparison of Nirmal Bang with Sushil Finance on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Nirmal Bang charges Rs 200 PA AMC for Demat account where Sushil Finance charges Rs 300 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Nirmal Bang with Sushil Finance
Charges Nirmal Bang Sushil Finance
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 200 PA Rs 300 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Nirmal Bang vs Sushil Finance on Plan Options

Plans are the most important feature you look when compare Nirmal Bang with Sushil Finance. 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 Nirmal Bang with Sushil Finance on Plan Options
Plan Types Nirmal Bang Sushil Finance
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Account Opening Request
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Brokerage Charges

Compare Nirmal Bang vs Sushil Finance on Brokerage Charges

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

Sushil Finance Brokerage Plan detail - This is a standard plan by Sushil Finance. This is % based brokerage plan.

Brokerage Charges - Compare Nirmal Bang with Sushil Finance
Brokerage Charges Compare Nirmal Bang Sushil Finance
Plan Name Basic Trading Plan (Percentage Based) Basic Trading Plan (Percentage Based)
Equity Delivery 0.2% or 20 paisa 0.3% or 30 paisa
Equity Intraday 0.02% or 2 paisa 0.03% or 3 paisa
Equity Futures 0.02% or 2 paisa 0.03% or 3 paisa
Equity Options Rs 35 Per Lot Rs 50 Per Lot
Currency Futures 0.02% or 2 paisa 0.03% or 3 paisa
Currency Options Rs 20 Per Lot Rs 30 Per Lot
Commodity Trading 0.02% or 2 paisa 0.03% or 3 paisa
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges NA NA
Auto Square off Charges NA NA
Brokerage Calculator Brokerage Calculator for Nirmal Bang Brokerage Calculator for Sushil Finance
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Share Broker's Transaction Charges

Compare Nirmal Bang vs Sushil Finance on Transaction Charges

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

Transaction Charges - Compare Nirmal Bang with Sushil Finance
Transaction Charges Compare Nirmal Bang Sushil Finance
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 nirmal-bang Complete Brokerage Plans for sushil-finance
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Account Features

Compare Nirmal Bang vs Sushil Finance on Account Features

Compare Nirmal Bang with Sushil Finance 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Sushil Finance offers NRI where Nirmal Bang doesn't offers NRI Trading.

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

Compare Nirmal Bang vs Sushil Finance on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Nirmal Bang and Sushil Finance. 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 Nirmal Bang with Sushil Finance
Trading Platform Compare Nirmal Bang Sushil Finance
Desktop Trading Platform ODIN Diet Sushil Finance
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://nbtrade.nirmalbang.net/netnetlite/ https://itrading.sushilfinance.com/html5/
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Beyond Sushil Connect
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Beyond Download Andriod Sushil Connect Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS Beyond Download iOS Sushil Connect Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Nirmal Bang Equity Intraday and Delivery Brokerage Calculator for Sushil Finance
Futures Brokerage Calculator Futures Brokerage Calculator for Nirmal Bang Futures Brokerage Calculator for Sushil Finance
Options Brokerage Calculator Options Brokerage Calculator for Nirmal Bang Options Brokerage Calculator for Sushil Finance
Detail Detail on Trading Platforms for nirmal-bang Detail on Trading Platforms for sushil-finance

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Broker Ratings by Users

Compare Nirmal Bang vs Sushil Finance on User Rating

  Nirmal Bang Sushil Finance
  2 Customer Reviews    Rate Nirmal Bang 1 Customer Reviews    Rate Sushil Finance
Fees Ratings 3.5 4.0
Trading Brokerage Rating 4.0 5.0
Trading Platform Usability 3.0 4.0
Customer Service Ratings 3.5 5.0
Overall Ratings 3.5 4.0
Broker Rating Nirmal Bang is Rated 3.5 / 5 based on 2 customer reviews Sushil Finance is Rated 4.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Nirmal Bang vs Sushil Finance on Investment Offerings

Compare Nirmal Bang with Sushil Finance 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Nirmal Bang with Sushil Finance
Investment Offerings Compare Nirmal Bang Sushil Finance
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 No Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL Insurance
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Order Types

Compare Nirmal Bang vs Sushil Finance on Order Types

Order Type - Compare Nirmal Bang with Sushil Finance 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Nirmal Bang with Sushil Finance
Order Type Compare Nirmal Bang Sushil Finance
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 No No
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Customer Service Offered

Compare Nirmal Bang vs Sushil Finance on Customer Service

Compare Nirmal Bang with Sushil Finance 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 Nirmal Bang with Sushil Finance
Customer Service Compare Nirmal Bang Sushil Finance
24/7 Customer Service Nirmal Bang vs Sushil Finance - 24x7 customer support No No
Email Support Nirmal Bang vs Sushil Finance - Email Support Yes Yes
Onine Live Chat Nirmal Bang vs Sushil Finance - Onine Live Chat No No
Phone Support Nirmal Bang vs Sushil Finance - Phone Support Yes Yes
Toll Free Number Nirmal Bang vs Sushil Finance - Toll Free Number No No
Through Branches Nirmal Bang vs Sushil Finance - Through Branches Yes Yes
Customer Care Number Nirmal Bang vs Sushil Finance - Customer Care Number Info Not Available +91-22-40778083/87/88
Account Opening Process Nirmal Bang vs Sushil Finance - Account Opening Process Info Not Available Instant & Paperless
Customer Support Email Nirmal Bang vs Sushil Finance - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Nirmal Bang vs Sushil Finance - Knowledge Center/Education Info Not Available https://www.sushilfinance.com/research/fundamental
Head Office Address Nirmal Bang vs Sushil Finance - Head Office Address/Corporate Address Info Not Available Info Not Available
Website Nirmal Bang vs Sushil Finance - Company Website Info Not Available https://www.sushilfinance.com/
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Tips/Research/Reports Published

Compare Nirmal Bang vs Sushil Finance on Research Reports, Tips

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

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

Compare Nirmal Bang vs Sushil Finance on Demat Account

Compare Nirmal Bang with Sushil Finance 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 Sushil Finance is ₹400 one time where for Nirmal Bang is ₹360 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 Nirmal Bang is 0.03% of the transaction value (Min ₹15) where for Sushil Finance is 0.04% 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 Nirmal Bang with Sushil Finance
  Nirmal Bang Sushil Finance
DP Source CDSL CDSL
DP ID Nirmal Bang vs Sushil Finance - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹360 pa ₹400 one time
Advance Deposit NIL INVESTOR- NIL ECONOMY-NIL CLASSIC-NIL NSEL-NIL PREMIUM-Rs3700 ( on closing of account Rs .3300 will be refunded)
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.03% of the transaction value (Min ₹15) 0.04% of the transaction value (Min ₹15)
Demat ₹40 per demat requets + ₹40 for additional 50 certificate ₹10 per certificate + ₹75 request charges
Remat 0.04% of the value or ₹15 per certificate (whichever is higher) ₹35 per request
Pledge Creation 0.02% of the transaction value (Min ₹100) ₹35
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.02% of the transaction value (Min ₹100) ₹35
Pledge Closure Confirmation Nil Nil
Pledge Invocation 0.02% of the transaction value (Min ₹100) Nil
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Nirmal Bang vs Sushil Finance on Special Offers and Promotion

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

Compare Nirmal Bang vs Sushil Finance on Special Offers and Promotion
  Nirmal Bang Sushil Finance
Pay In and Pay Out Options Nirmal Bang vs Sushil Finance - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time Nirmal Bang vs Sushil Finance - Payout Time Info Not Available Info Not Available
Bank Supported and Charges Nirmal Bang vs Sushil Finance - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • 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...

  • Trade on BSE, NSE, and MCX.
  • Trusted broker since 1982.
  • No account opening charges.
  • Web, app, and desktop-based trading platforms.
  • Equity research and recommendations.
  • Free call & trade.
  • Margin trading facility (MTF) and Loan against securities (LAS).
  • Robust offline presence with 375+ channel partners all over the country.

Detail Review...

Dislikes
  • 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...

  • High brokerage fee on trading.
  • Average-rated trading platforms.
  • Poor customer support.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-08-28T00:10:38+00:00