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Bajaj Finserv Demat Account Charges, Review, Opening


75,038 Clients

Bajaj Finserv Account Opening Enquiry

Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

Bajaj Finserv offers a 2-in-1 account (Demat and trading account) that allows you to trade and invest in the Indian Stock Market. The company offers the demat account through its DP membership with CDSL and NSDL.

Bajaj Finserv Demat Account Review

Bajaj Finserv Demat account is a safe way to invest online in Stock, IPO and Mutual Funds. It's easy to open an account online, trade in the stock market and process the fund transfers.

Bajaj Finserv Demat account opening is 100% online and free of cost. The demat annual maintenance charges (AMC) is also free but customers have to buy one of the prepaid subscription plans starting from Rs 431 per year.

Bajaj Finserv Subscription Plan AMC

PlanYearly Charges

Freedom Plan

Rs 431 (free for 1st year)

Professional Plan

Rs 2500

Bajaj Privilege Club

Rs 9,999

Bajaj Financial Securities is an online discount broker. It is headquartered in Pune and has six branches located in Mumbai, Ahmedabad, Indore, Kolkata, Bangalore and New Delhi.

Bajaj Finserv Demat Account Charges

Bajaj Finserv Demat account opening charges and AMC are free. But the customer has to buy a prepaid subscription plan. Bajaj Finserv charges a demat debit transaction fee as Rs 30 or 0.0002% of transaction value, whichever is higher.

TransactionCharges

Demat Account Opening Fee

Rs 0

Demat AMC

Rs 0

Subscription Fee

Rs 431 or Rs 2500 or Rs 9999 per year

Debit Transaction Fee

Rs 30 or 0.0002% of transaction value, whichever is higher

Pledge / Unpledge / Closure /Invocation Charges

Rs 35

Equity Delivery Brokerage

0.10% or Rs 10 or Rs 5 per trade

Intraday and F&O Brokerage

Rs 17 or Rs 10 or Rs 5 per trade

Bajaj Finserv Demat Account Opening Process

Bajaj Finserv offers online demat account opening on its website and mobile app. The customer just has to fill in a few information, upload documents and e-Sign the application using Aadhar OTP. The application is verified and the account is opened in the next 2 hrs to 48 hrs.

Steps to open Bajaj Finserv Demat account

  1. Visit the Bajaj Finserv website or Mobile App.
  2. Register with a mobile number and verify OTP.
  3. Enter your PAN Number to pre-fill your personal details.
  4. Validate or update personal details.
  5. Select the subscription plan and pay the fees.
  6. Upload scanned documents (photograph, PAN card, the signature picture
  7. IVP (In-Person Verification) - Record yourself by reading the script provided (i.e. Read your name and PAN Card number) and upload that video.
  8. Verify your email address through OTP in the E-Sign section.
  9. Review & Click on Sign now.
  10. E-Sign your form through OTP on Aadhar linked Mobile number.

Bajaj Finserv Demat Account Numbers

Your Bajaj Finserv demat account number depends on which depository (CDSL or NSDL) you have an account with. You could find your Demat Account Number and Depository details after login into the Bajaj Finserv website or mobile app and visiting the personal information section.

Bajaj Finserv Demat Account closing form

You can close your Bajaj Finserv Demat account at any time by filling up the closure form (paper) and sending it (courier) to the address provided.

Before you initiate the account closure process, please make sure to do the following things:

  1. Empty your Demat account by transferring all your securities into another account.
  2. Close all the open positions placed from this trading account.
  3. Clear all unpaid dues, if any, with the broker.

Steps to close Bajaj Finserv Demat Account

  1. Download the closing form from the Bajaj Finserv website.
  2. Print and fill in the details like DP ID, reasons for closing, signature, etc.
  3. Send it to the corporate office address mentioned in the form.

You will receive account closure information along with the final statement of the accounts. Please contact customer support to check the status and follow up.

Bajaj Finserv Demat Account Opening Charges

To open a new Demat account with Bajaj Finserv, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

ServiceCharges
Demat Account Opening FeeRs 0 (Free)
Demat Account Annual Charges (AMC)Rs 199 (Free for 1st year)

Bajaj Finserv Demat Charges

Sr Services Charges
1 Account Opening Charges Rs 0
2 Account Maintenance Charges (AMC) Rs 899 per year
3 Account Administration Charges (AAC) Rs 199 per year
4 Transaction (Debit) Nil
5 Credit Charges Nil
6 Pledge/Unpledge/Closure/Invocation Rs 35 per request or 0.03% of the value of securities, whichever is higher

Bajaj Finserv Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 AMC)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 AMC)

This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you.

Frequently Asked Questions

  1. 1. What are Bajaj Finserv Demat account Fees?

    Bajaj Finserv Charges

    TransactionCharges

    Account Opening Fee

    Rs 0

    AMC

    Rs 0

    Subscription Fee

    Rs 431 or Rs 2500 or Rs 9999 per year

    Debit Transaction Fee

    Rs 30 or 0.0002% of transaction value, whichever is higher

    Pledge / Unpledge / Closure /Invocation Charges

    Rs 35

    Equity Delivery Brokerage

    0.10% or Rs 10 or Rs 5 per trade

    Intraday and F&O Brokerage

    Rs 17 or Rs 10 or Rs 5 per trade

     

     

  2. 2. How to login into Bajaj Finserv Demat account?

    You can access your Bajaj Finserv Demat account using the BFSLTrade mobile app or website.

    By just adding three details you can log in to your Demat account:

    • User ID
    • Password
    • PAN Number or Date of Birth

     

     

  3. 3. What are Bajaj Finserv AMC Charges?

    Bajaj Finserv Demat AMC charges is Rs 0 (free). But customer has to buy a prepaid subscription plan to trade with them. These plans cost from Rs 431 or Rs 2500 or Rs 9999 per year.

     

     

  4. 4. What are the Bajaj Finserv Demat account and trading account?

    Bajaj Financial Securities Limited offers a 2-in1 account that allows its customers to trade and invest in the stock market. This account can be opened online in just 10 minutes.

    Steps to open Bajaj Finserv Demat & Trading Account

    1. Visit the Bajaj Finserv website or Mobile App.
    2. Enter your name and mobile number.
    3. Verify the mobile number by entering the OTP received on the mobile number.
    4. Fill in the personal details like nationality, marital status, occupation, gender, income range, etc.
    5. Enter address details and click on proceed.
    6. Add Bank details like IFSC code, account number and type of account.
    7. Select the Annual subscription plan. Click on Proceed.
    8. Upload documents like PAN cards, photographs, and Signature images (on white paper).
    9. Aadhar card/Passport/Voter ID for address proof and 3-month Salary Slips/6 month Bank Statement/Net Worth Certificate for income proof.
    10. Complete In-Person Verification by uploading a 30-second video of yourself reading the provided script.
    11. Finally, verify the mobile number through OTP in the E-Sign section.
    12. Review & Click on Sign now.
    13. Add your Aadhar Card Number on the NSDL E-Sign page.
    14. Complete the process by entering the OTP received on your Aadhar linked phone number.
    15. The account gets activated once the document verification gets completed at the broker end.

     

     

  5. 5. How much is Bajaj Finserv Demat account margin?

    Bajaj Finserv offers up to 5x margin in intraday trading. This is the same for all brokers and is prescribed by the exchanges.

    Bajaj finance offers Margin Trading Funding (MTF) for equity delivery trading at an interest rate from 8.5% to 18% based on the prepaid subscription plan selected.

     

     

  6. 6. How to close the Bajaj Finserv Demat account?

    You can close the BFSL trading or Demat account by sending the physical copy of the account closing form to Bajaj Financial Securities Limited's corporate address.

    BFSL accounts cannot be closed via online requests or through customer care enquiries.

    Steps to close the BFSL account:

    1. Download the closing form from the Bajaj Financial Securities Limited website.
    2. Print and fill in the details like DP ID, reasons for closing, signature, etc.
    3. Send it to the corporate office address of BFSL.

    Note: Make sure that your account doesn't have any pending transactions and that all the dues are cleared.

     

     

Bajaj Finserv Account Opening Enquiry

Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

Information on this page was last updated on Wednesday, May 25, 2022

Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

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