Nirmal Bang Account Type

Nirmal Bang offers a range of account types for traders and investors, primarily focusing on a 2-in-1 account that combines both trading and demat functionalities. This account allows clients to trade in various segments such as equities, derivatives, commodities, and currencies. The key features include:

• Trading Account: Facilitates online trading across major exchanges like BSE and NSE.
• Demat Account: Enables the holding of securities in electronic form, allowing seamless transactions.
• Zero Opening Charges: Both trading and demat accounts can be opened for free.
• Annual Maintenance Charges (AMC): The demat account incurs a minimal AMC of ₹200 per year, while the trading account has no AMC.

Nirmal Bang Broker Account Opening Process

Opening an account with Nirmal Bang is a straightforward process that can be completed in several ways:

• Online Account Opening:
• Visit the Nirmal Bang website.
• Click on the "Open an Account" link.
• Fill in your personal details such as name, email, mobile number, and city.
• An OTP will be sent to your mobile for verification.
• After verification, a company executive will contact you to complete the process.
• Branch Visit:
• Nirmal Bang has branches across 16 states in India.
• You can visit any branch office to complete the account opening process with the assistance of a representative.
• Download and Submit Form:
• Go to the Nirmal Bang website and navigate to "Support and Downloads".
• Click on "KYC Forms" and download the account opening form.
• Fill out the form, attach the necessary documents, and submit it to the nearest branch or send it to the companys registered address.

Required Documents for Account Opening:

• Self-attested copy of PAN Card.
• Self-attested copy of Aadhaar Card.
• Address proof (e.g., ration card, voter ID, utility bill).
• Latest bank statement with IFSC/MICR code.
• Self-attested photocopy of the bank passbook or bank statement.
• Cancelled cheque.
• Two passport-sized photographs.

Account Opening Fees:

• Trading Account Opening Charges: ₹0
• Demat Account Opening Charges: ₹0
• Annual Maintenance Charges for Demat Account: ₹200 per year

By following these steps, you can easily set up your trading and demat account with Nirmal Bang and start trading in the stock market.