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Bajaj Finserv Vs Paytm Money (Compare Bajaj Finserv and Paytm Money)

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

Paytm Money Limited Logo

About Paytm Money
Incorporated in 2017, Paytm Money Limited (commonly known as Paytm Money) is a Bengaluru based discount brokering firm. Paytm Money is a wholly-owned subsidiary of India's largest and leading digital goods and mobile platform, One97 Communications Ltd that also owns the Paytm brand. Paytm is an RBI-approved Indian e-commerce payment system. Paytm Money is a SEBI registered stockbroker and an Investment Advisor. The company has a depository participant membership of CDSL and is also a member of ... Know more about Paytm Money Limited

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Bajaj Finserv Vs Paytm Money

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.

  Bajaj Finserv Paytm Money
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE NSE and BSE
Year of Incorporation 2010 2017
Number of Branches 6 1
Open Bajaj Finserv AccountOpen Paytm Money Account

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Bajaj Finserv Vs Paytm Money Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 200. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free).

  Bajaj Finserv Paytm Money
Trading Account Opening Charges Rs 0 (Free) Rs 200
Trading Account AMC Charges Rs 899 per year Rs 300 (Annual Platform Fees)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 0 (Free)

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Bajaj Finserv Vs Paytm Money Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas Paytm Money brokerage charges for equity is Rs 0 (Free) and intraday is Lower of 0.05% or Rs 10 per executed order.

Account Type Bajaj Finserv Freedom Plan Paytm Money Standard Plan
Fixed Charges Rs 0 NA
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday Rs 17 per order Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 17 per order Rs 10 per executed order
Equity Options Rs 17 per order Rs 10 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Special Offer
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.
Special Offer: Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

Bajaj Finserv Vs Paytm Money Brokerage Plan 2

  Bajaj Finserv Paytm Money
Account Type Professional Pack Standard Plan
Fixed Charges Rs 2500 per year NA
Equity Delivery Rs 10 per order Rs 0 (Free)
Equity Intraday Rs 10 per order Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 10 per order Rs 10 per executed order
Equity Options Rs 10 per order Rs 10 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Open Bajaj Finserv AccountOpen Paytm Money Account

Bajaj Finserv Vs Paytm Money Brokerage Plan 3

  Bajaj Finserv Paytm Money
Account Type Bajaj Privilege Club Standard Plan
Fixed Charges Rs 9999 per year NA
Equity Delivery Rs 5 per order Rs 0 (Free)
Equity Intraday Rs 5 per order Lower of 0.05% or Rs 10 per executed order
Equity Futures Rs 5 per order Rs 10 per executed order
Equity Options Rs 5 per order Rs 10 per executed order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Open Bajaj Finserv AccountOpen Paytm Money Account

Bajaj Finserv Charges Vs Paytm Money

Minimum Brokerage Rs 5 for Equity Delivery & Intraday Rs 0.01 per executed order on Equity Delivery trades
Other Charges Platform Usage Fees - Rs300 p.a; Physical Statements/Documents - ₹300 per request + ₹300 per Courier
Call & Trade Charges Rs 20 per trade Rs 300

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Bajaj Finserv Vs Paytm Money Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while Paytm Money exchange transaction charges for options is Rs 5,300 per Cr (0.053%) on premium.

  Bajaj Finserv Paytm Money
Equity Delivery NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday NSE Rs 345 per Cr (0.00345%) (each side) NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 225 per Cr (0.00225%) Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) Rs 5,300 per Cr (0.053%) on premium
Currency Futures
Currency Options
Commodity
Open Bajaj Finserv AccountOpen Paytm Money Account

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Bajaj Finserv Vs Paytm Money Leverage (Margin)

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

  Bajaj Finserv Paytm Money
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 AccountOpen Paytm Money Account

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Compare Bajaj Finserv and Paytm Money Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.

  Bajaj Finserv Paytm Money
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes No
Margin Against Shares (Equity F&O) Yes No
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) Paytm Money mobile app, Paytm Money website
Intraday Square-off Time 3:15 PM 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
Open Bajaj Finserv AccountOpen Paytm Money Account

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Bajaj Finserv Vs Paytm Money Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Paytm Money is rated 3.7 of 5 based on 35 customer reviews.

  Bajaj Finserv Paytm Money
  13 Customer Reviews    Rate Bajaj Finserv 35 Customer Reviews    Rate Paytm Money
Fees 2.7 3.5
Brokerage 3.4 4.0
Trading Platform 3.0 3.8
Customer Service 2.8 2.9
Research Capabilities 3.5
Overall Ratings Rated 3.2 stars Rated 3.7 stars
Broker Rating Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews Paytm Money is rated 3.7 of 5 based on 35 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire Paytm Money Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. Brokerage-free equity delivery trades for life + Flat ₹10 Intra-day and F&O trades. Get the offer

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Bajaj Finserv Vs Paytm Money Investment Options

  Bajaj Finserv Paytm Money
Stock / Equity Yes Yes
Commodity No No
Currency No No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options NPS Retirement Fund, Digital Fund

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Bajaj Finserv Vs Paytm Money Order Type Offered

  Bajaj Finserv Paytm Money
Bracket Order Yes Yes
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) No Yes
Sell Today Buy Tomorrow (STBT) No No
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) No No
Open Bajaj Finserv AccountOpen Paytm Money Account

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Bajaj Finserv Vs Paytm Money Research Report

  Bajaj Finserv Paytm Money
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Bajaj Finserv Vs Paytm Money Suitable For Investor Type

  Bajaj Finserv Paytm Money
Casual Investor
Active Investor Yes
Trader Yes Yes

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Bajaj Finserv Vs Paytm Money - Pros and Cons

  Bajaj Finserv Paytm Money
Pros
  • Brokerage free equity delivery trading.
  • Low-cost trading charges.
  • Free Mutual Fund investments with no hidden charges.
  • Direct MF platform that helps you earn an extra 1% returns.
  • Zero Maintenance Charges.
  • Instant digital account opening.
  • Simple and easy trading platforms.
  • Online IPO application services.
  • Offers to invest in NPS and digital gold investment along with Stocks, Derivatives, and MF.
Cons
  • Branch support not available.
  • GTC order type not available.
  • Trading platforms uses fee: Rs 300 per year.
  • No Margin trading facility.
  • No Margin against shares.
  • Commodity and Currency trading not available.
Reviews

Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments.

The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 10 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL.

Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website.

Promo / Offers

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.

Paytm Money Special Offer

Free Equity Delivery Trades for Life and More...

  • Brokerage-free Equity Delivery +
  • Flat ₹10 per trade for Intraday & F&O +

This is a limited-time offer. Open Instant Paytm Account online and start trading today.

Open Bajaj Finserv AccountOpen Paytm Money Account

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