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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... 
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...
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 |
| Open Bajaj Finserv Account |
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) |
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 | 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 | |
| Open Bajaj Finserv Account |
| 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 | |
| Open Bajaj Finserv Account |
| Minimum Brokerage | Rs 20 per executed order | Rs 5 for Equity Delivery & Intraday |
| Other Charges | ||
| Call & Trade Charges | Nil | Rs 20 per trade |
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%) | |
| Open Bajaj Finserv Account |
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) |
| Open Bajaj Finserv Account |
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 |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| 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? | |
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| Referral Program | ||
| Other Features | Insurance and Pension scheme available | |
| Open Bajaj Finserv Account |
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  |
13 Customer Reviews |
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| 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 |
| 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!. |
| Aditya Birla Money | Bajaj Finserv | |
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| IPO | |
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| Bond / NCD | |
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| Other Investment Options | Mutual Funds |
| Aditya Birla Money | Bajaj Finserv | |
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| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Bajaj Finserv Account |
| Aditya Birla Money | Bajaj Finserv | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Aditya Birla Money | Bajaj Finserv | |
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| Casual Investor | |
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| Aditya Birla Money | Bajaj Finserv | |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Bajaj Finserv Special OfferRs 0 Account Opening (for a limited time only)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you. |
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