Online Share Trading
Online Share Trading
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Company Overview

Nirmal Bang Financial Services Pvt Ltd is a RBI registered Non Banking Financial Company which offers margin funding facility to its clients.

Product Overview

Margin funding allows the investors to take leverage positions in the stock market, client has to pay margin of 35 % to 70% depending upon the scrip and rest is funded by us. To put it simply, for example in case of scrip prescribed for 35% margin, if client pays cash margin of Rs.35,000/-, he can buy shares of Rs.100000/- and funding by us would be of Rs.65000/-.Margin can be provided in cash as well as approved securities. Scrips: Funding only against approved securities as per the list approved by the management from time to time.

Click here to View the Approved List…..
Benefits
  • Corporate Action benefits like bonus, dividend etc continue to accrue to the borrower.
  • Any appreciation in the value of the Securities given as margin would automatically allow enhancement in drawing power.
  • Interest will be calculated on the amount utilized & the actual period for which it is utilized.
  • Clients can view their financial statement and holdings online.
Risk Monitoring System

In case of shortfall in the margin the client has to follow the prescribed norms and replenish the short margin or else the shares would be liquidated to the extent of the shortfall.

Documents Requirement
A) Individuals
  1. Client has to open a bank account and Demat account with Nirmal Bang Securities Pvt Ltd both under POA with us.
  2. Loan agreement to be duly filled up and signed therein.
  3. Copy of PAN card
  4. Copy of Address Proof
  5. Two passport sized photographs
  6. Copy of latest two years ITRs
  7. Two Undated dated cheques , one for principal & other for interest in the name of Nirmal Bang Financial Services Pvt Ltd
  8. Cheque of Rs 650 towards the loan documentation charges
  9. Cheque of Rs 11000/- in favour of bank as minimum balance, this cheque will be credited in client’s name in bank a/c only.
  10. One cancel cheque of account of given bank statement
  11. Bank statement for last 6months.
  12. Vernacular Declaration
B) Non Individual
All documents as mentioned in point no 1 to 12 in case of individual are required. Additional documents to be collected are:
  1. Copy of annual report of last two years
  2. Memorandum and article of association
  3. Bankers verification of signature
  4. List of directors with their specimen signature
  5. Two photographs of all the directors.
  6. Board resolution on letter head of the company (authorizing for Borrow and to give above POA)
Kindly note
  • All documents should be self attested
  • All Photographs and signatures should match with the proof given
  • Additional documents need to be submitted in case of any discrepancy is noticed.
Grievance Redressal officer
1. In case of any complaints / grievances the customer may contact the Complaint Redressal Official at the below contact details:
Name : Mrs.Reena Sharda
Email Id : nbfc@nirmalbang.com
Contact No: 022-39267500
2. If the complaints/dispute is not redressed within a period of one month, the customer may appeal to the Officer-in- Charge of the Regional Office of Reserve Bank of India under whose jurisdiction our company is registered at the below mentioned address::
Contact Details: Reserve Bank of India
Department of Non Banking Supervision,
Reserve Bank of India Central Office Mumbai
400 001.
To know in detail about margin funding :
Call:- 91-022-3926 7505, Email:nbfc@nirmalbang.com
Nirmal Bang Securities Pvt. Ltd. : BSE SEBI Regn. No. : INB011072759 / BSE FNO Regn. No. : INF011072759 BSE Currency SEBI Regn. No: INE011072759 NSE Regn. No. : INB230939139 / NSE FNO Regn. No. : INF230939139 NSE Currency SEBI Regn. No: INE230939139 MCX-SX Regn. No. INE260939139; MCX- STOCK EXCHANGE LTD; MEMBER ID. 1067 , CASH –SEBI REGISTRATION NO. INB260939138, MCX-F&O SEBI REG.NO. INF260939138 Nirmal Bang Commodities Pvt. Ltd. : MCX Member ID : 16590 / MCX FMC Regn. No. : MCX/TCM/CORP/0490 NCDEX Member ID : 00362 / NCDEX FMC Regn. No. : NCDEX/TCM/CORP/0075 NCDEX SPOT Member ID : 10084 ICEX membership ID : 1165 / ICEX Regn. No. : 1165 Nirmal Bang Equities Pvt. Ltd. : BSE SEBI Regn. No. : INB011343739 / NSE SEBI Regn. No. : INB231343733 / NSE F&O SEBI Regn. No. : INF231343733 / NSE CURRENCY SEBI Regn. No. : INE231343733; MCX- STOCK EXCHANGE LTD; MEMBER ID. 17780 , CASH –SEBI REGISTRATION NO. INB261343736, MCX-F&O SEBI REG.NO. INF261343736
Share Link : Inactive account treatment | KYC (Including Policy & Procedure)-IBT | KYC (Including Policy & Procedure)Regular | 
Existing customers can send in their Grievances to : contact@nirmalbang.com
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