Bajaj Financial Securities Limited provides an option to invest in stocks, mutual funds, etc. Even though Bajaj Financial Securities is a relatively new entrant in this industry, it enjoys a positive brand image. Bajaj Finserv has an active client base of 41,587 as of October 2024.
The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker
1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.
Account Opening Charges
₹ 431Account Maintenance Charges
FreeCall & Trade Charges
₹ 20Equity Delivery Brokerage
0.10%Equity Intraday Brokerage
₹ 17Equity Futures Brokerage
₹ 17Equity Options Brokerage
₹ 17Currency Futures Brokerage
-Currency Options Brokerage
-Commodity Futures Brokerage
-Commodity Options Brokerage
-Equity Delivery Margin
4xEquity Intraday Margin
4xEquity Futures Margin
3.5xEquity Options Margin
3.5xCurrency Futures Margin
-Currency Options Margin
-Commodity Futures Margin
-Commodity Options Margin
-Account Opening Charges
FreeAccount Maintenance Charges
FreePlan Charges
₹ 2500Call & Trade Charges
₹ 20Equity Delivery Brokerage
₹ 10Equity Intraday Brokerage
₹ 10Equity Futures Brokerage
₹ 10Equity Options Brokerage
₹ 10Currency Futures Brokerage
-Currency Options Brokerage
-Commodity Futures Brokerage
-Commodity Options Brokerage
-Equity Delivery Margin
4xEquity Intraday Margin
4xEquity Futures Margin
3.5xEquity Options Margin
3.5xCurrency Futures Margin
-Currency Options Margin
-Commodity Futures Margin
-Commodity Options Margin
-Account Opening Charges
FreeAccount Maintenance Charges
FreePlan Charges
₹ 2500Call & Trade Charges
₹ 20Equity Delivery Brokerage
₹ 5Equity Intraday Brokerage
₹ 5Equity Futures Brokerage
₹ 5Equity Options Brokerage
₹ 5Currency Futures Brokerage
-Currency Options Brokerage
-Commodity Futures Brokerage
-Commodity Options Brokerage
-Equity Delivery Margin
1xEquity Intraday Margin
1xEquity Futures Margin
1xEquity Options Margin
1xCurrency Futures Margin
-Currency Options Margin
-Commodity Futures Margin
-Commodity Options Margin
-Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.
Advantages and Strengths of this broker.
Disadvantages of this broker that it needs to improve upon.
Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.
Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.
Bajaj Finserve provides its vast clientele with a wide range of products and services, such as insurance, loans and brokerage services in equities, mutual funds and derivatives. It also offers research and analysis tools to investors and traders. It further envisions facilitating services such as insurance, lending, asset and wealth management advisory, etc.
Seamless platform with an easy-to-use interface.
Stock baskets for long-term investments via PickRight.
Offers facilities to make different types of investments.
Flexibility of placing the order via online as well as offline modes
Margin Trade Financing at attractive interest costs.
Developing new trading platforms for advanced trading experience.
Flat brokerage on equity intraday and F&O delivery depending upon the choice of plan.
Bajaj Finserv offers an array of trading tools that aim at improving the trading experience and making it hassle-free.
Bajaj Finserv's Website brings trading to one's fingertips with all types of guidance and assistance regarding trade. Some of its salient features are:
The BFSL Trade App is an advanced trading platform that eases the trading process in equity and derivatives. It further makes trade transactions hassle-free with up-to-date market information. The features provided by BFSL Trade are as follows:
|
CHARGES |
DELIVERY |
INTRADAY |
FUTURES |
OPTIONS |
|
Transaction Charges |
0.00325% - NSE |
0.00325% - NSE |
0.0019% - NSE |
0.05% - NSE |
|
Demat Transaction Charges |
Sell-side, ₹ 30 per scrip |
- |
- |
- |
|
Clearing Charges |
- |
- |
0.00025% - NSE |
0.00025% - NSE |
|
GST |
18% on Brokerage + Transaction + Demat Charges |
18% on Brokerage + Transaction |
18% on Brokerage + Transaction + Clearing Charges |
18% on Brokerage + Transaction + Clearing Charges |
|
STT |
₹ 100 per Lacs |
Sell-side, ₹ 25 per Lacs |
0.02% |
0.1% |
|
SEBI Charges |
₹ 5 per crore |
₹ 5 per crore |
₹ 5 per crore |
₹ 5 per crore |
Company name:
Bajaj Financial Securities LtdContact:
1800 833 8888Email:
connect@bajajfinserv.inActive Users:
41,587
Mr Manish Jain is the Director & Chief Executive Officer of Bajaj Financial Securities Limited.
To contact Bajaj Financial Securities Limited’s customer care, you can call their toll-free number 1800-833-8888 or email them at connect@bajajfinserv.in.
Bajaj Finserv is a part of the renowned Bajaj Group, which has been a household name in the country for decades. With the high credibility and established market reputation associated with its parent company, Bajaj Finserv can be considered as a safe investment platform. Additionally, Bajaj Finserv has a credit rating given to it by reputed rating agencies in the country.
Bajaj Finserv Securities has an easy and simple user-interface, hence making it a convenient platform even for beginners. However, the company does not provide any research or advisory services. The user can visit the company website to know the basics of investing.
For investing in securities and opening a trading or demat account, you must be at least 18 years of age. However, in case you are a minor who is interested in trading in securities, a demat account can be opened in the name of a minor by the natural guardians (like parents) or the court-appointed guardian.
The first step to start trading in the share market is by opening a demat account. A Demat Account is an online account that holds financial securities such as shares, bonds, mutual funds, Exchange Traded Funds (ETFs), etc. in an electronic form.
To open a Demat account with Bajaj Finserv Securities Limited, you can follow the below steps:
Step 1. Click on to open an account.
Step 2. Enter your basic details which will include your name, phone number, email id and PAN Number (A PAN card is mandatory for opening a Demat and Trading Account).
Step 3. Enter details of the bank account which will be linked to your Demat and Trading Account. This will enable you to transfer money between the linked bank account and the trading account.
Step 4. From the options available, you can choose the free plan or any other mentioned plan depending on the brokerage that you wish to avail.
Step 5. KYC documents, you will be required to upload the soft copy of your PAN card, cancelled cheque, address proof, and your signature handy. For address proof, you can use one of the following documents: Aadhar Card, Voter ID Card, Passport or Driving License.
Step 6. In IPV (In-Person Verification) your video is required. You can record it directly on the recording window that will be provided or upload a pre-recorded video for the same.
Step 7. You can review all the details entered and e-sign the form through your Aadhar number. You will be asked to enter the OTP sent to your Aadhar linked mobile number to validate.
To know the detailed step by step process click here
The account maintenance charge (AMC) for Demat account charged by Bajaj Finserv Securities is free for the first year; from the second year onwards, it is Rs. 365+GST for Demat accounts opened with the Freedom Subscription Plan. The AMC charge is zero for the Professional Pack and Bajaj Privilege Club plan.
To close your Bajaj Demat account the following details must be furnished with the account closure form:
Your ID and your Depository Participant ID.
KYC details like name and address that match with details submitted to Bajaj.
The reason for closing the demat account.
Ensure that there are no dues on your account as well as no untraded securities.
A bank employee must mandatorily submit and verify the self-attested identity proof copy.
To withdraw money from the Bajaj account (BFSLTRADE app), proceed with the following steps.
Log in to your Trading and Demat account
Click on “Menu”
Go to “Limit/Fund Transfer”
Click on “Withdraw Funds”. Check the withdrawable amount
Enter the amount to be withdrawn and click on “Withdraw Funds”.
No, Bajaj Finserv is not free. They charge account opening fees of ? 431 and does not charge AMC. Bajaj does have various plans that have subscription charges.
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Investment Advisory Disclosure:
In terms of the regulatory requirements, you as a user can either avail of our distribution/facilitation services or investment advisory services and not both. The Company shall make all endeavours to ensure segregation of the distribution and advisory activities by not offering both to the same user by placing appropriate post-login disablement/accessibility blocking checks on the website.
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• You yourself;
• Your dependent family member (i.e. your spouse, parents or children who invest using your money); or
• family members on whom you are dependent (i.e. spouse, parents or children whose money you invest)
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