Bajaj Financial - Safe, Reliable & Trustworthy Broker

Bajaj Financial is a safe and reliable stockbroker in India. It has a strong parent company, quality services, and variable brokerage rates as per customer requirements. Bajaj Financial follows all the regulatory guidelines. But, when it comes to margin funding, you have to make decisions wisely.

Bajaj Financial is a safe and reliable stockbroker with a strong parent company and excellent track record. Bajaj Financial Securities Limited (BFSL) is a 100% subsidiary of Bajaj Financial Limited - one of the largest financial service providers under Bajaj Group.

BFSL is regulated by the Securities and Exchange Board of India (SEBI). It is a registered broker with BSE, and NSE. It is a depository participant (DP) with both CDSL and NSDL.

As of March 2022, no major complaints have been reported against Bajaj Financial by regulators. That means it is following all the regulations prescribed by authorities.

Why Bajaj Financial is safer than other brokers?

1. Strong Parent Company

   Bajaj Financial Limited is a non-banking financial service provider under the Bajaj Group. The company is focused on lending, asset management, wealth management and insurance.

2. Technology-Focused Company

   Bajaj Financial offers technologically advanced trading software for the stock market investors. The mobile app and website are equipped with critical tools and information required for trading and investments.

3. Low Complaints to Active Clients Ratio

   Till April 2022, the complaints to active client ratio across different exchanges were low. It favors the reliability of customers towards Bajaj Financial.

4. Registered with Regulatory

   Bajaj Financial is a SEBI authorized broker and depository participant. It is a member of NSE and BSE stock exchanges. It offers depository services through its membership with CDSL and NSDL.

Bajaj Financial Risks

1. Margin Funding

   Bajaj Financial offers a margin funding facility to the clients. Margin Funding is a risky proportion as you earn profit only when the earned amount is higher than the margin. You also have to pay margin interest per day whether you generate profit or loss.

Bajaj Financial Memberships

Bajaj Financial is member of NSE, BSE, CDSL and NSDL.

Bajaj Financial membership details:

• SEBI Regn. No: INZ000218931
• AMFI Registration No.: ARN - 163403
• BSE Member ID: 6706
• NSDL DP No. IN304300
• CDSL DP No. 12088600

Conclusion

Bajaj Financial is a safe and reliable stockbroker in India. It has a strong parent company, quality services, and variable brokerage rates as per customer requirements. Bajaj Financial follows all the regulatory guidelines. But, when it comes to margin funding, you have to make decisions wisely.

Must Read:

• 10 Steps to safeguard trading and Demat account

Bajaj Financial Competitors Review

Information on this page was last updated on Wednesday, November 23, 2022