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Aditya Birla Money Vs Bajaj Finserv (Compare Aditya Birla Money and Bajaj Finserv)

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money Ltd

Bajaj Financial Securities Ltd Logo

About Bajaj Finserv
Bajaj Financial Securities Limited (BFSL) is a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India. BFSL, a SEBI registered company offers stockbroking services and is a member of BSE and NSE. BFSL is the depository participant with NSDL and CDSL. BFSL offers online discount brokerage services in Equity and Derivative Trading, Mutual Funds, Margin Trading Financing, IPO Financing, Spread Financing and Loan Against Securities. BFSL has two trading platforms - BFSLTrade App (m... Know more about Bajaj Financial Securities Ltd

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Aditya Birla Money Vs Bajaj Finserv

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

  Aditya Birla Money Bajaj Finserv
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 1994 2010
Number of Branches 800 6
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Aditya Birla Money Vs Bajaj Finserv Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Bajaj Finserv account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year).

  Aditya Birla Money Bajaj Finserv
Trading Account Opening Charges Rs 750 Rs 0 (Free)
Trading Account AMC Charges Nil Rs 899 per year
Demat Account Opening Charges Nil Rs 0 (Free)
Demat Account AMC Charges Rs 436 Rs 199 (Free for 1st year)

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Aditya Birla Money Vs Bajaj Finserv Brokerage

Aditya Birla Money brokerage charges for equity is 0.30% and intraday is 0.03% whereas Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order.

Account Type Aditya Birla Money Bajaj Finserv Freedom Plan
Fixed Charges Rs 0
Equity Delivery 0.30% 0.10%
Equity Intraday 0.03% Rs 17 per order
Equity Futures 0.03% Rs 17 per order
Equity Options Rs 50 per lot Rs 17 per order
Currency Futures 0.03%
Currency Options Rs 50 per lot
Commodity Futures 0.03%
Commodity Options Nil
Special Offer

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

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

Aditya Birla Money Vs Bajaj Finserv Brokerage Plan 2

  Aditya Birla Money Bajaj Finserv
Account Type Professional Pack
Fixed Charges Rs 2500 per year
Equity Delivery 0.30% Rs 10 per order
Equity Intraday 0.03% Rs 10 per order
Equity Futures 0.03% Rs 10 per order
Equity Options Rs 50 per lot Rs 10 per order
Currency Futures 0.03%
Currency Options Rs 50 per lot
Commodity Futures 0.03%
Commodity Options Nil
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Aditya Birla Money Vs Bajaj Finserv Brokerage Plan 3

  Aditya Birla Money Bajaj Finserv
Account Type Bajaj Privilege Club
Fixed Charges Rs 9999 per year
Equity Delivery 0.30% Rs 5 per order
Equity Intraday 0.03% Rs 5 per order
Equity Futures 0.03% Rs 5 per order
Equity Options Rs 50 per lot Rs 5 per order
Currency Futures 0.03%
Currency Options Rs 50 per lot
Commodity Futures 0.03%
Commodity Options Nil
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Aditya Birla Money Charges Vs Bajaj Finserv

Minimum Brokerage Rs 20 per executed order Rs 5 for Equity Delivery & Intraday
Other Charges
Call & Trade Charges Nil Rs 20 per trade

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Aditya Birla Money Vs Bajaj Finserv Transaction Charges

Aditya Birla Money transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Bajaj Finserv exchange transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium).

  Aditya Birla Money Bajaj Finserv
Equity Delivery Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) (each side)
Equity Futures Rs 190 per Cr (0.0019%) NSE Rs 225 per Cr (0.00225%)
Equity Options Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5325 per Cr (0.05325%) (on premium)
Currency Futures Rs 110 per Cr (0.0011%)
Currency Options Rs 4000 per Cr (0.04%) (on premium)
Commodity MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Aditya Birla Money Vs Bajaj Finserv Leverage (Margin)

Aditya Birla Money margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Finserv margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

  Aditya Birla Money Bajaj Finserv
Equity Delivery 100% of trade value (1x leverage) 100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage) Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm) 100% of NRML margin (Span + Exposure) (1x leverage) 100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Aditya Birla Money and Bajaj Finserv Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Bajaj Finserv offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

  Aditya Birla Money Bajaj Finserv
3 in 1 Account No No
Charting Yes Yes
Automated Trading No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Etrade, Advanced web, Mobile invest BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time 3:15 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features Insurance and Pension scheme available
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Aditya Birla Money Vs Bajaj Finserv Review

Aditya Birla Money is rated 3.0 of 5 based on 29 customer reviews whereas Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews.

  Aditya Birla Money Bajaj Finserv
  29 Customer Reviews    Rate Aditya Birla Money 13 Customer Reviews    Rate Bajaj Finserv
Fees 3.3 2.7
Brokerage 3.2 3.4
Trading Platform 3.3 3.0
Customer Service 2.9 2.8
Research Capabilities 3.7
Overall Ratings Rated 3.0 stars Rated 3.2 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 29 customer reviews Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews

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Contact Broker / Request A Call Back

  Aditya Birla Money Enquire Bajaj Finserv Enquire
Contact Broker Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. 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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Aditya Birla Money Vs Bajaj Finserv Investment Options

  Aditya Birla Money Bajaj Finserv
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Mutual Funds

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Aditya Birla Money Vs Bajaj Finserv Order Type Offered

  Aditya Birla Money Bajaj Finserv
Bracket Order No Yes
Cover Order No No
Buy Today Sell Tomorrow (BTST) No No
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes No
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Aditya Birla Money Vs Bajaj Finserv Research Report

  Aditya Birla Money Bajaj Finserv
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Aditya Birla Money Vs Bajaj Finserv Suitable For Investor Type

  Aditya Birla Money Bajaj Finserv
Casual Investor Yes
Active Investor
Trader Yes

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Aditya Birla Money Vs Bajaj Finserv - Pros and Cons

  Aditya Birla Money Bajaj Finserv
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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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.

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