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Groww vs Nirmal Bang (Compare Groww vs Nirmal Bang)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Groww vs Nirmal Bang, Below comparison of Groww vs Nirmal Bang highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Groww vs Nirmal Bang is given below:

Groww Nirmal Bang
About The Brokers
Groww :

"Groww is one of India's fastest-growing platforms and undoubtedly the best platform for brokerage-free Direct mutual funds investment. They have a strong customer bas   >>> more

Nirmal Bang :

"Nirmal Bang is the full-service broker and provides their service not only in India but also over the world. They are among the few stockbrokers who provide free trad   >>> more

Find More Information about the Broker :
Groww :
OVERVIEW BROKERAGE PRODUCTS & SERVICES
Nirmal Bang :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Groww :
 Discount Broker
Nirmal Bang :
 Full Service Broker
Promo/offers
Groww :
Special Offer: Free Mutual fund/SIP investment + Flat ₹20 Equity delivery & Intra-day trades. Get the offer
Nirmal Bang :
N/A
Advantage
Groww :
  •  Free research services
  •  No DP charges on buy & low brokerage.
  •  Commission Free mutual fund investment
  •  Free Demat & Trading account, No charges on account opening
  •  Zero Clearing Charges
  •  Zero Demat AMC Charges
  •  Option to invest online in digital gold.
Nirmal Bang :
  • Free call and trade service available
  • Great customer support and excel in maintaining a relationship with their client
  • Willingness to upgrade themselves as per the market requirements
  • Pan India presence along with NRI services
  • Versatile products and services available to expand your portfolio
  • Offer margin exposure facility
Disadvantage
Groww :
  •  No F&O Trading, Grow does not provide Options & Future Trading.
  •  Does not provide a 3in1 account facility.
  •  Does not provide commodity Trading
  •  Does not provide trading options: Bracket, GTT orders, etc
  •  does not provide Margin trading facilityc
  •  No Call and Trade services
  •  No Margin against shares
  •  Does not offer NRI Trading
Nirmal Bang :
  • Traditional brokers
  • Charts and other technical analysis is not available at the free of cost
  • Do not provide 3-in-1 account service
  • Minimum Brokerage.
Why This
Groww :
  •  Groww charge Rs.20 per executed order or 0.05% of order value (whichever is lower) for delivery trade.
  •  Equity intraday trade at Rs. 20 or 0.05% (whichever is lower)
  •  Groww provides mutual funds investment at Zero Fees, No transaction charges,
  •  100% paperless online Demat account opening
  •  128 bit SSL Encryption
  •  Get complete stock analysis with company financials like P&L, Balance Sheet, etc & pick your best shares to buy free of cost
  •  No DP charges on buy.
  •  Highly rated Groww mobile App
  •  Facility to invest in US Stocks
Nirmal Bang :
  • Fee call and trade service is available with the Nirmal Bang
  • Excellent customer relationship service with the tag line "a relationship beyond broking.
  • Trailing-Stop/Stop-Loss (SL) is available in both web and mobile.
  • Update you with market movement and information through an online medium as well as with the monthly magazine " Beyond Market."
  • Provide NRI service
  • Offer access to researching trading software

Groww vs Nirmal Bang Account Opening & AMC Charges

Groww Trading Account Opening Fee is ₹0 (Free) and Nirmal Bang Trading Account Opening Fee is ₹0 . Groww Demat Account AMC is ₹0 (Free) and Nirmal Bang Demat Account AMC is ₹200 .

Groww Nirmal Bang
Trading Account Opening Fee Trading Account Opening Fee :

₹0 (Free)

Trading Account Opening Fee :

₹0

Demat Account Opening Fee Demat Account Opening Fee :

₹0 (Free)

Demat Account Opening Fee :

₹0

Demat Account AMC Demat Account AMC :

₹0 (Free)

Demat Account AMC :

₹200

Trading Account AMC Trading Account AMC :

₹0 (Free)

Trading Account AMC :

₹0


Groww vs Nirmal Bang Brokerage Charges

Groww Brokerage Charges Equity Delivery is Rs.20 per executed order or 0.05% of order value and Equity Intraday is Rs.20 per executed order or 0.05% of order value and Equity Options is Flat Rs.20 per Trade . Nirmal Bang Brokerage Charges Equity Delivery is 0.2% and Equity Intraday is 0.02% and Equity Options is ₹35 .

Groww Nirmal Bang
Plan Name Plan Name :

Standard Plan

Plan Name :

Basic Plan

Plan Name :

Basic Plan

Equity Delivery Equity Delivery :

Rs.20 per executed order or 0.05% of order value

Equity Delivery :

Rs.20 per executed order or 0.05% of order value

Equity Delivery :

0.2%

Equity Intraday Equity Intraday : - Equity Intraday :

Rs.20 per executed order or 0.05% of order value

Equity Intraday :

0.02%

Equity Future Equity Future : - Equity Future :

Flat Rs.20 per Trade

Equity Future :

0.02%

Equity Options Equity Options : - Equity Options :

Flat Rs.20 per Trade

Equity Options :

₹35

Currency Futures Currency Futures : - Currency Futures :

Trade Not Available

Currency Futures :

0.02%

Currency Options Currency Options : - Currency Options :

Trade Not Available

Currency Options :

₹20

Monthly Fee Monthly Fee : - Monthly Fee :

NA

Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading :

NA

Margin Trading : -
Commodity Futures Commodity Futures : - Commodity Futures :

Trade Not Available

Commodity Futures :

0.01%

Commodity Options Commodity Options : - Commodity Options :

Trade Not Available

Commodity Options : -

Groww vs Nirmal Bang Transaction Charges (Per Crore)

Groww Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% | BSE 0.003% (each side) and Equity Options is NSE: 0.0019% | BSE 0.003% (each side) . Nirmal Bang Transaction Charges (Per Crore) Equity Future is ₹240 and Equity Options is ₹5700 .

Groww Nirmal Bang
Equity Delivery Equity Delivery :

NSE ₹345 per Cr | BSE ₹345 per Cr

Equity Delivery :

₹390

Equity Intraday Equity Intraday :

NSE ₹345 per Cr | BSE ₹345 per Cr

Equity Intraday :

₹390

Equity Future * Equity Future :

NSE: 0.0019% | BSE 0.003% (each side)

Equity Future :

₹240

Equity Options * Equity Options :

NSE: 0.0019% | BSE 0.003% (each side)

Equity Options :

₹5700

Currency Futures * Currency Futures :

NA

Currency Futures :

₹240

Currency Options Currency Options :

NA

Currency Options :

₹5700

Commodity Commodity :

NA

Commodity :

₹250


Groww vs Nirmal Bang Other Charges

Groww Minimum Brokerage is ₹20 or 0.05% per executed order and Call & Trade is NA . Nirmal Bang and .

Groww Nirmal Bang
Minimum Brokerage Minimum Brokerage :

₹20 or 0.05% per executed order

Minimum Brokerage : -
Call & Trade Call & Trade :

NA

Call & Trade : -
Stamp Duty * Stamp Duty :

Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%

Stamp Duty :

Charges as per the state of residence

DP Charges (on sell side) DP Charges (on sell side) :

₹8 + ₹5.50 (CDSL Charges) per ISIN

DP Charges (on sell side) :

0.03% (₹15 minimum per transaction)

Other Miscellaneous Charges Other Miscellaneous Charges :

Physical Contract Note:₹20+Courier; ₹50Auto square

Other Miscellaneous Charges : -

Groww vs Nirmal Bang Features

Groww and Nirmal Bang both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Groww Nirmal Bang
Trading Platform Trading Platform :

Groww Web , Groww Mobile

Trading Platform :

ODIN Trading Terminal, Net Net Web, Beyond Mobile App

Placing orders through charts Placing orders through charts :

No

Placing orders through charts : -
Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

Yes

Unique features & Offers Unique features & Offers :

Single platform for stocks, MFs, Gold, IPOs, ETFs,

Unique features & Offers : -
Referral Program Referral Program :

No

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes


Groww vs Nirmal Bang Demat Account Charges

A comparative table of various demat account charges between Groww and Nirmal Bang is below:

Groww Nirmal Bang
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL & NSDL

Account Opening Fee Account Opening Fee :

₹0 (Free)

Account Opening Fee :

₹0

Advance Deposit Advance Deposit :

NIL

Advance Deposit :

Life Time free AMC scheme

Individual Account: ₹1000 One time

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

AMC AMC :

₹0 (Free)

AMC :

₹0

Dematerialisation Charges Dematerialisation Charges :

₹150 per certificate + courier charges

Dematerialisation Charges :

₹40 (For every 50 certificate)

Rematerialisation Charges Rematerialisation Charges :

₹150 per certificate + courier charges

Rematerialisation Charges :

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

Transaction Charges (Credit) Transaction Charges (Credit) :

NA

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

₹8 + ₹5.50 (CDSL Charges) per ISIN

Transaction Charges (debit) : -
Pledge Creation Charges Pledge Creation Charges :

₹20 + ₹12 per request (CDSL Charges))

Pledge Creation Charges :

₹100 or 0.02% whichever is higher

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

₹20 + ₹12 per request (CDSL Charges))

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

₹20

Pledge Invocation Charges :

₹100 or 0.02% whichever is higher

Failed Instruction Charges Failed Instruction Charges :

₹50 per ISIN

Failed Instruction Charges :

Nil

Other Charges Other Charges :

KYC Modification Request : ₹50

Other Charges : -

Groww vs Nirmal Bang Basic Details

Groww Year of Incorporation is 2016 and Total Number of Clients is 1784059 and . Nirmal Bang Year of Incorporation is 1986 and Total Number of Clients is 127161 and Total Number of Branches is 2000 .

Groww Nirmal Bang
Year of Incorporation Year of Incorporation :

2016

Year of Incorporation :

1986

Active Exchange Memberships Active Exchange Memberships :

NSE and BSE

Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

Demat Services Demat Services :

From CDSL

Demat Services :

No

Website Website :

https://groww.in/

Website :

www.nirmalbang.com

Contact Details Contact Details : - Contact Details :

+91-22-68207000

Total Number of Clients Total Number of Clients :

1784059

Total Number of Clients :

127161

Total Number of Branches Total Number of Branches : - Total Number of Branches :

2000

Products * Products :

GROWW MOBILE APP

Products : -

Groww vs Nirmal Bang Leverage

Leverage

Groww Nirmal Bang
Equity Delivery Equity Delivery :

1x (no margin)

Equity Delivery :

upto 10x

Equity Intraday Equity Intraday :

Up to 8x (based on the stock)

Equity Intraday :

Upto 4x

Equity Futures Equity Futures :

NA

Equity Futures :

Upto 4x

Equity Options Equity Options :

NA

Equity Options :

Upto 2x for shorting

Currency Futures Currency Futures :

NA

Currency Futures :

Upto 2x for shorting

Currency Options Currency Options :

NA

Currency Options :

Upto 3x

Commodity Futures Commodity Futures :

NA

Commodity Futures :

Upto 3x

Commodity Options Commodity Options :

NA

Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) : - F&O (Eq, Curr, Comm) : -

Groww vs Nirmal Bang Orders

Orders

Groww Nirmal Bang
Cover Orders (CO) Cover Orders (CO) :

NO

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

NO

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

No

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

No

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

No

Sell Today Buy Tomorrow (STBT) :

No

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes


Groww vs Nirmal Bang Research and Advice / Trading Tips

Research and Advice / Trading Tips

Groww Nirmal Bang
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile : -
Comparison * Comparison :

No

Comparison : -
Free Tips * Free Tips :

No

Free Tips : -
Daily Market report * Daily Market report :

No

Daily Market report : -
ETF research * ETF research :

No

ETF research : -
Quarterly Results * Quarterly Results :

No

Quarterly Results : -

Groww vs Nirmal Bang Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Groww Nirmal Bang
Availability for franchisee / AP Availability for franchisee / AP :

NA

Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP :

NA

Investment required for Franchisee / AP :

₹50,000 to ₹2,50,000


Groww vs Nirmal Bang Product & Services

Groww and Nirmal Bang both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Groww Nirmal Bang
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

NA

Margin Trading : -
Call in Trade * Call in Trade :

NA

Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order :

Yes

Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

NO

NRI Services : -
SMS Alerts * SMS Alerts :

YES

SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan : -
IPO Investment * IPO Investment :

YES

IPO Investment : -
Portfolio Analysis * Portfolio Analysis :

NO

Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features :

No

Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator : -
Margin Calculator * Margin Calculator :

Yes

Margin Calculator : -
Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

No

Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading :

No

Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading :

No

Currency Future & Option Trading : -
Market Trading * Market Trading :

Yes

Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading :

No

Aumtomated Trading : -

Groww vs Nirmal Bang Customer Services

Groww and Nirmal Bang both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Groww Nirmal Bang
Toll Free Number * Toll Free Number :

No

Toll Free Number : -
Live Chat Facility * Live Chat Facility :

No

Live Chat Facility : -
Email Facility * Email Facility :

Yes

Email Facility : -
Branch Offices * Branch Offices :

No

Branch Offices : -
Customer Care * Customer Care :

No

Customer Care : -
Community Service * Community Service :

No

Community Service : -
Relationship Manager * Relationship Manager :

No

Relationship Manager : -
24/7 Support * 24/7 Support :

No

24/7 Support : -

Groww vs Nirmal Bang Other Investement

Groww and Nirmal Bang both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Groww Nirmal Bang
Commodity Trading * Commodity Trading :

No

Commodity Trading : -
Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds :

No

Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

No

Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services :

No

Insurance Services : -
Banking Services * Banking Services :

No

Banking Services : -

Groww vs Nirmal Bang Trading PlatForm

Groww and Nirmal Bang both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Groww Nirmal Bang
Web Platform * Web Platform :

Yes

Web Platform : -
Android Mobile App * Android Mobile App :

Yes

Android Mobile App : -
Desktop Windows * Desktop Windows :

No

Desktop Windows : -
Desktop Mac * Desktop Mac :

No

Desktop Mac : -
I-Pad App * I-Pad App :

Yes

I-Pad App : -
Virtual Trading * Virtual Trading :

No

Virtual Trading : -
iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App : -
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