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Kotak Securities Vs Nirmal Bang - Broker Comparison

Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)


Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan Basic Plan
Trading Account Opening Fee ₹750 ₹750 ₹0
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹600 ₹600 ₹200

Brokerage Charges

Compare the commission charged by the brokers for the trades executed


Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan Basic Plan
Monthly Fee NA NA NA
Equity Delivery 0.49% 0.59% to 0.30% 0.20%
Equity Intraday 0.05% 0.06% to 0.05% 0.02%
Equity Future 0.05% 0.07% to 0.05% 0.02%
Equity Options ₹300 2.5% to 1.8% ₹35 per lot
Currency Futures - 0.04% or ₹20 per lot 0.02%
Currency Options - ₹20 to ₹7.5 per lot ₹20 per lot
Commodity 0.07% - 0.01%

Transaction Charges (Per Crore)

Compare Transaction Charges (Exchange Turnover Charges + Clearing Charges or PCM Fee)


Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan Basic Plan
Equity Delivery - - ₹390
Equity Intraday - - ₹390
Equity Future * - - ₹240
Equity Options * - - ₹5700
Currency Futures * - - ₹240
Currency Options - - ₹5700

Other Charges

Compare miscellaneous charges, minimum fees and add-on service rates.


Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan Basic Plan
Minimum Brokerage 4 paise for delivery,
3 paise for intraday and futures orders
4 paise for delivery,
3 paise for intraday and futures orders
-
Call & Trade ₹20 per call after first 20 free calls ₹20 per call after first 20 free calls -
Stamp Duty * Charges as per the state of residence Charges as per the state of residence Charges as per the state of residence
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) 0.04% of transaction value (minimum Rs 27) 0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges - - -

Features

Compare key features offered the brokers.


Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan Basic Plan
Trading Platform KEATProX, FASTLANE KEATProX, FASTLANE ODIN

Demat Account Charges

Find charges for the best Demat Account for small investors


Kotak Securities Ltd Nirmal Bang Securities Pvt Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan Basic Plan
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee

Nil

Nil

Nil

Advance Deposite

Nil

Nil

Life Time free AMC scheme

Individual Account: ₹1000 One time

Corporate Account: ₹2500 One time + ₹500 CDSL AMC (Per Year)

AMC

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Individual (Regular Demat Account): ₹200

Corporate (Regular Demat Account): ₹500 + ₹500 CDSL AMC

Life Time free AMC scheme: Nil

Dematerialisation Charges

₹3 per certificate plus ₹50 per request

₹3 per certificate plus ₹50 per request

₹40 Per Demat Request + ₹40 for additional 50 certificates

Rematerialisation Charges

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

₹15 per certificate or 0.04% of the value of the securities requested for remat whichever is higher

Transaction Charges (Credit) - - -
Transaction Charges (debit)

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

₹15 or 0.03% whichever is higher

Pledge Creation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

₹100 or 0.02% whichever is higher

Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

Nil

Pledge Invocation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

₹100 or 0.02% whichever is higher

Failed Instruction Charges

Nil

Nil

Nil

Other Charges - - -

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FAQs

No, there is no minimum balance / margin requirement while opening trading account with ProStocks. You only need to pay Rs 1000 as refundable deposit for demat account.  Later on, you can transfer funds as per your trading requirements.

We are charging .01% or Max Rs 50 per day as stamp duty except clients with Maharashtra address. Maharashtra clients pay .01% for Delivery and .002% for Intraday, Equity F&O and Currency Derivatives.