Prabhudas Lilladher vs Nirmal Bang Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
About Nirmal Bang
Nirmal Bang, one of most popular stock brokers as well as trading services provider in the country, has been around since 1986. Nirmal Bang offers complete stock trading services to all of its clients via multiple methods including online stock trading in the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Nirmal Bang: Overview
Based out of Mumbai, Maharashtra, the firm gained popularity because of its excellent stock trading platform available to the clients. Along with that, the firm also offers brilliant advisory services and effective trading software and algorithms to its customers.
Nirmal Bang is registered in India’s major stock exchanges like Bombay Stock Exchange Ltd (BSE), National Stock Exchange Ltd (NSE), National Commodity & Derivatives Exchange Ltd (NCDEX), Multi Commodity Exchange of India Ltd (MCX), National Multi Commodity Exchange of India Ltd (NMCE). Along with these, the company also is a membership being a Depository Participant (DP) in
Prabhudas Lilladher vs Nirmal Bang Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Nirmal Bang |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹0 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹200 per year |
Prabhudas Lilladher vs Nirmal Bang Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Nirmal Bang |
|---|---|---|
| Plan Name | N/A | N/A |
| Equity Delivery | 0.2% | 0.2% |
| Equity Intraday | 0.02% | 0.02% |
| Equity Futures | 0.02% | 0.02% |
| Equity Options | 0.02% | ₹35 |
| Currency Futures | 0.02% to 0.01% | 0.02% |
| Currency Options | ₹15 per Lot | ₹20 |
| Commodity Options | 0.02% | 0.01% |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Nirmal Bang Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Nirmal Bang |
|---|---|---|
| Equity Delivery | N/A | Upto 10x |
| Equity Intraday | N/A | Upto 4x |
| Equity Future | N/A | Upto 4x |
| Equity Options | N/A | Upto 2x for shorting |
| Currency Future | N/A | Upto 2x for shorting |
| Currency Options | N/A | Upto 3x |
| Commodity Future | N/A | Upto 3x |
| Commodity Options | N/A | N/A |