Motilal Oswal Vs Nirmal Bang - Broker Comparison

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Account Opening & AMC Charges

Compare account opening charges and annual maintenance charges (AMC)

	Standard Plan	Basic Plan
	Motilal Oswal Securities Ltd	Nirmal Bang Securities Pvt Ltd
Trading Account Opening Fee	₹1000	₹0
Trading Account AMC	₹0	₹0
Demat Account Opening Fee	₹0	₹0
Demat Account AMC *	₹400	₹200

Brokerage Charges

Compare the commission charged by the brokers for the trades executed

	Standard Plan	Basic Plan
	Motilal Oswal Securities Ltd	Nirmal Bang Securities Pvt Ltd
Monthly Fee	NA	NA
Equity Delivery	0.50%	0.20%
Equity Intraday	0.05%	0.02%
Equity Future	0.05%	0.02%
Equity Options	₹75 per Lot	₹35 per lot
Currency Futures	₹20 per Lot	0.02%
Currency Options	₹20 per Lot	₹20 per lot
Commodity	0.03%	0.01%

Transaction Charges (Per Crore)

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

	Standard Plan	Basic Plan
	Motilal Oswal Securities Ltd	Nirmal Bang Securities Pvt Ltd
Equity Delivery	NSE ₹335 \| BSE ₹1000	₹390
Equity Intraday	NSE ₹325 \| BSE ₹200	₹390
Equity Future *	₹200	₹240
Equity Options *	NSE ₹5110 \| BSE ₹200	₹5700
Currency Futures *	₹125	₹240
Currency Options	₹4200	₹5700

Other Charges

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

	Standard Plan	Basic Plan
	Motilal Oswal Securities Ltd	Nirmal Bang Securities Pvt Ltd
Minimum Brokerage	₹30 for Delivery and ₹15 for Intraday	-
Call & Trade	-	-
DP Charges (on sell side)	₹20 or 0.025% of transaction value whichever is higher	0.03% (₹15 minimum per transaction)
Other Miscellaneous Charges	-	-

Demat Account Charges

Find charges for the best Demat Account for small investors

	Standard Plan	Basic Plan
	Motilal Oswal Securities Ltd	Nirmal Bang Securities Pvt Ltd
Depository Service Provider	CDSL	CDSL
Account Opening Fee	Nil	Nil
Advance Deposite	Nil	Life Time free AMC scheme Individual Account: ₹1000 One time Corporate Account: ₹2500 One time + ₹500 CDSL AMC (Per Year)
AMC	₹700 p.a.	Individual (Regular Demat Account): ₹200 Corporate (Regular Demat Account): ₹500 + ₹500 CDSL AMC Life Time free AMC scheme: Nil
Dematerialisation Charges	₹50 per certificate + ₹50 per request	₹40 Per Demat Request + ₹40 for additional 50 certificates
Rematerialisation Charges	₹35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges	₹15 per certificate or 0.04% of the value of the securities requested for remat whichever is higher
Transaction Charges (Credit)	-	-
Transaction Charges (debit)	0.025% or ₹30	₹15 or 0.03% whichever is higher
Pledge Creation Charges	₹35 per request	₹100 or 0.02% whichever is higher
Pledge Creation Confirmation Charges	Nil	Nil
Pledge Invocation Charges	₹35 per request	₹100 or 0.02% whichever is higher
Failed Instruction Charges	Nil	Nil
Other Charges	Demat Rejection: ₹50 per request	-

Features

Compare key features offered the brokers.

	Standard Plan	Basic Plan
	Motilal Oswal Securities Ltd	Nirmal Bang Securities Pvt Ltd
Trading Platform	Orion Lite	ODIN

ProStocks Vs

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FAQs

Do I need to maintain any minimum balance in my ProStocks Trading Account?

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.

How much stamp duty I have to pay as a Maharashtra or a Rajasthan client?

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

Stamp Duty regulation has changed from 1st July 2020

Read more for RECENT STAMP DUTY RELATED CHANGES

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