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Nirmal Bang vs Anand Rathi – Compare Charges, Trading Features, Offers & more

Find a Comparison of Nirmal Bang vs Anand Rathi here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Nirmal Bang and Anand Rathi.

Background

Year of Incorporation 1996 1994
Website https://www.nirmalbang.com/ https://anandrathi.com/
Phone 022-3826 8600 +91-22-62811514
Exchanges enabled NSE, BSE, MCX-SX, MCX & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL
Brokerage

Equity 0.02% for Intraday, 0.2% for Delivery 0.20% for Intraday & 0.3% for Delivery
Equity Futures 0.02% of Turnover 0.20% of Turnover
Equity Options Rs 35/lot Rs 50 per lot
Currency Futures 0.02% of Turnover 0.20% of Turnover
Currency Options Rs 20/lot Rs 20 per lot
Commodity 0.01% of Turnover Rs 100 per lot
Account Opening Costs

Trading only NA Free
Trading & Demat NIL Rs 450 For 1st Year
Commodity NIL Rs 250
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0039% of Turnover 0.0035% of Turnover
Futures 0.0024% of Turnover 0.0035% of Turnover
Options 0.057% of Premium Turnover 0.07% of Premium Turnover
Commodities 0.0025% of Turnover 0.0035% of Turnover
AMC charge Rs 250/month Rs 450 for 1st year
DP Transaction Charge 0.03% with Rs 25 minimum per debit instruction Rs 25 per debit
Offline order placing Charge NIL NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 5 Days on ODIN 22 days on NEST
End of Day 5 Years on ODIN 10 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times for Intraday, upto 4 times for Delivery @interest Upto 10x for Intraday, Upto 4x for Delivery@interest
Equity Futures Upto 4 times Intraday Upto 2x Intraday
Equity Options Buying no Leverage, Shorting upto 2 times for Intraday Buying no leverage, Shorting upto 2x
Currency Futures Upto 3 times Intraday Upto 2x Intraday
Currency Options Buying no Leverage, Shorting upto 2 times for Intraday Buying no leverage, Shorting upto 2x
Commodity Upto 3times Intraday Upto 2x Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 7.4 Crores Rs 2.43 Crores
Profit after Tax FY12/13 Rs 12.4 Crores Rs 2.27 Crores
Profit after Tax FY13/14 Rs 4.2 Crores Rs 2.62 Crores
Profit after Tax FY 14/15 Rs 2.37 Crores Rs 2.51 Crores
Profit after Tax FY 15/16 Rs 4.99 Crores Rs 3.82 Crores
Profit after Tax FY 16/17 Rs 5.73 Crores Rs 4.54 Crores
Profit after Tax FY 17/18 Rs 6.00 Crores Rs 6.99 Crores
Profit after Tax FY 18/19 Rs 7.69 Crores Rs 6.13 Crores
Profit after Tax FY 19/20 Rs 7.70 Crores Rs 8.99 Crores
Profit after Tax FY 20/21 Rs 9.18 Crores Rs 8.35 Crores
Profit after Tax FY 21/22 Rs 10.87 Crores Rs 10.55 Crores
Profit after Tax FY 22/23 Rs 10.53 Crores Rs 11.67 Crores
Debt FY11/12 Rs 26.11 Crores Rs 34.3 Crores
Debt FY12/13 Rs 24.88 Crores Rs 40.4 Crores
Debt FY13/14 Rs 29.63 Crores Rs 54.4 Crores
Debt FY14/15 Rs 28.17 Crores Rs 78.23 Crores
Debt FY15/16 Rs 23.31 Crores Rs 98.49 Crores
Debt FY16/17 Rs 23.31 Crores Rs 93.04 Crores
Debt FY17/18 Rs 24.77 Crores Rs 84.65 Crores
Debt FY18/19 Rs 31.61 Crores Rs 106.46 Crores
Debt FY19/20 Rs 31.61 Crores Rs 90.47 Crores
Debt FY20/21 Rs 32.85 Crores Rs 106.45 Crores
Debt FY21/22 Rs 35.53 Crores Rs 84.86 Crores
Debt FY22/23 Rs 35.53 Crores Rs 63.95 Crores
Profit to Equity(%) FY11/12 8.54 2.96%
Profit to Equity(%) FY12/13 7.63 1.51%
Profit to Equity(%) FY13/14 11.44 1.73%
Profit to Equity(%) FY14/15 11.54 3.88%
Profit to Equity(%) FY15/16 11.15 4.08%
Profit to Equity(%) FY16/17 10.77 4.77%
Profit to Equity(%) FY17/18 13.53 6.33%
Profit to Equity(%) FY18/19 13.53 6.31%
Profit to Equity(%) FY19/20 14.08 8.40%
Profit to Equity(%) FY20/21 16.72 8.97%
Profit to Equity(%) FY21/22 19.10 10.38%
Profit to Equity(%) FY22/23 19.10 10.79%
Balance Sheet Size FY11/12 Rs 86.6 Crores Rs 316.9 Crores
Balance Sheet Size FY12/13 Rs 93.5 Crores Rs 323.5 Crores
Balance Sheet Size FY13/14 Rs 85.8 Crores Rs 264 Crores
Balance Sheet Size FY14/15 Rs 67.96 Crores Rs 301.86 Crores
Balance Sheet Size FY15/16 Rs 67.99 Crores Rs 445.20 Crores
Balance Sheet Size FY16/17 Rs 57.95 Crores Rs 366.26 Crores
Balance Sheet Size FY17/18 Rs 70.74 Crores Rs 277.27 Crores
Balance Sheet Size FY18/19 Rs 74.82 Crores Rs 409.30 Crores
Balance Sheet Size FY19/20 Rs 72.42 Crores Rs 501.42 Crores
Balance Sheet Size FY20/21 Rs 91.92 Crores Rs 459.22 Crores
Balance Sheet Size FY21/22 Rs 91.92 Crores Rs 328.40 Crores
Balance Sheet Size FY22/23 Rs 92.02 Crores Rs 408.24 Crores

Comparison Link:

Compare Nirmal Bang Compare Anand Rathi
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Nirmal Bang Vs Beeline Broking Anand Rathi Vs Beeline Broking
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Nirmal Bang Vs Swastika Investmart Anand Rathi Vs Swastika Investmart
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Nirmal Bang Vs SBICAP Securities Anand Rathi Vs SBICAP Securities
Nirmal Bang Vs SASOnline Anand Rathi Vs SASOnline
Nirmal Bang Vs Samco securities Anand Rathi Vs Samco securities
Nirmal Bang Vs RK Global Anand Rathi Vs RK Global
Nirmal Bang Vs Reliance Securities Anand Rathi Vs Reliance Securities
Nirmal Bang Vs Master Trust Capital Anand Rathi Vs Master Trust Capital
Nirmal Bang Vs Kotak Securities Anand Rathi Vs Kotak Securities
Nirmal Bang Vs Interactive Brokers Anand Rathi Vs Interactive Brokers
Nirmal Bang Vs IIFL Securities Anand Rathi Vs IIFL Securities
Nirmal Bang Vs Dhani Anand Rathi Vs Dhani
Nirmal Bang Vs IDBI Capital Anand Rathi Vs IDBI Capital
Nirmal Bang Vs HDFC Securities Anand Rathi Vs HDFC Securities
Nirmal Bang Vs Geojit Anand Rathi Vs Geojit
Nirmal Bang Vs Fyers Securities Anand Rathi Vs Fyers Securities
Nirmal Bang Vs Edelweiss Capital Anand Rathi Vs Edelweiss Capital
Nirmal Bang Vs Easytradez Anand Rathi Vs Easytradez
Nirmal Bang Vs Rupeezy Anand Rathi Vs Rupeezy
Nirmal Bang Vs Aditya Birla Money Anand Rathi Vs Aditya Birla Money
Nirmal Bang Vs Achiievers Anand Rathi Vs Achiievers
Nirmal Bang Vs A C Choksi Anand Rathi Vs A C Choksi
Nirmal Bang Vs Angel Broking Anand Rathi Vs Angel Broking
Nirmal Bang Vs Motilal Oswal Anand Rathi Vs Motilal Oswal
Nirmal Bang Vs ICICI Direct Anand Rathi Vs ICICI Direct
Nirmal Bang Vs Sharekhan Anand Rathi Vs Sharekhan
Nirmal Bang Vs Groww Anand Rathi Vs Groww
Nirmal Bang Vs Tradesmart Online Anand Rathi Vs Tradesmart Online
Nirmal Bang Vs Zerodha Anand Rathi Vs Zerodha

Frequently Asked Questions

Is Nirmal Bang better than Anand Rathi ?

Nirmal Bang and Anand Rathi are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Anand Rathi better than Nirmal Bang ?

Nirmal Bang and Anand Rathi are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Nirmal Bang cheaper than Anand Rathi ?

Nirmal Bang and Anand Rathi are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Anand Rathi cheaper than Nirmal Bang ?

Nirmal Bang and Anand Rathi are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Nirmal Bang vs. Anand Rathi ?

To find out the better of the two stockbrokers Nirmal Bang and Anand Rathi, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.