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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... 
About RMoney
Incorporated in 2004, Raghunandan Money (RMoney) is Agra based financial service provider. The company offers a range of financial products. This including Online Stock & Commodity Broking, Mutual Funds, IPO, Insurance (Life & General), Bonds and Corporate FDR's.
Raghunandan Money is a member of NSE, BSE, MCX, NCDEX, and CDSL. The company is among the top 5 commodity brokers in India. It contributes over 8% of NCDEX daily turnover and over 4% of MCX turnover. It has a strong presence in...
Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in , RMoney is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has branches across India.
| Bajaj Finserv | RMoney | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE, MCX, NCDEX |
| Year of Incorporation | 2010 | |
| Number of Branches | 6 | |
| Open Bajaj Finserv Account |
Bajaj Finserv trading account opening charges is Rs 0 (Free) while RMoney account opening changes is Rs 199. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and RMoney Demat Account AMC Charges is Rs 0 for lifetime (Free).
| Bajaj Finserv | RMoney | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 199 |
| Trading Account AMC Charges | Rs 899 per year | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 0 for lifetime (Free) |
Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas RMoney brokerage charges for equity is Rs 0 (Free) and intraday is Rs 18 per executed order or .01% whichever is lower.
| Account Type | Bajaj Finserv Freedom Plan | RMoney Zero Brokerage Plans |
|---|---|---|
| Fixed Charges | Rs 0 | NA |
| Equity Delivery | 0.10% | Rs 0 (Free) |
| Equity Intraday | Rs 17 per order | Rs 18 per executed order or .01% whichever is lower |
| Equity Futures | Rs 17 per order | Rs 18 per executed order or .01% whichever is lower |
| Equity Options | Rs 17 per order | Rs 18 per executed order or .01% whichever is lower |
| Currency Futures | Rs 18 per executed order or .01% whichever is lower | |
| Currency Options | Rs 18 per executed order or .01% whichever is lower | |
| Commodity Futures | Rs 18 per executed order or .01% whichever is lower | |
| 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!. |
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. |
| Bajaj Finserv | RMoney | |
|---|---|---|
| Account Type | Professional Pack | Happy Service Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs 10 per order | 0.10% to 0.40% |
| Equity Intraday | Rs 10 per order | 0.01% to 0.04% |
| Equity Futures | Rs 10 per order | 0.005% to 0.02% |
| Equity Options | Rs 10 per order | Rs 20 to Rs 80 per lot |
| Currency Futures | 0.005% to 0.02% | |
| Currency Options | 0.005% to 0.02% | |
| Commodity Futures | 0.005% to 0.02% | |
| Commodity Options | ||
| Open Bajaj Finserv Account |
| Bajaj Finserv | RMoney | |
|---|---|---|
| Account Type | Bajaj Privilege Club | Zero Brokerage Plans |
| Fixed Charges | Rs 9999 per year | NA |
| Equity Delivery | Rs 5 per order | Rs 0 (Free) |
| Equity Intraday | Rs 5 per order | Rs 18 per executed order or .01% whichever is lower |
| Equity Futures | Rs 5 per order | Rs 18 per executed order or .01% whichever is lower |
| Equity Options | Rs 5 per order | Rs 18 per executed order or .01% whichever is lower |
| Currency Futures | Rs 18 per executed order or .01% whichever is lower | |
| Currency Options | Rs 18 per executed order or .01% whichever is lower | |
| Commodity Futures | Rs 18 per executed order or .01% whichever is lower | |
| Commodity Options | ||
| Open Bajaj Finserv Account |
| Minimum Brokerage | Rs 5 for Equity Delivery & Intraday | Rs 0 |
| Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 100 per month per segment | |
| Call & Trade Charges | Rs 20 per trade | Rs 0 (Unlimited Calls) |
Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while RMoney exchange transaction charges for options is NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%).
| Bajaj Finserv | RMoney | |
|---|---|---|
| Equity Delivery | NSE Rs 345 per Cr (0.00345%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275%) |
| Equity Intraday | NSE Rs 345 per Cr (0.00345%) (each side) | NSE Rs 325 per crore | BSE Rs 275 per crore (0.00275% |
| Equity Futures | NSE Rs 225 per Cr (0.00225%) | NSE Rs 250 per crore | BSE Rs 110 per crore (0.0011%) |
| Equity Options | NSE Rs 5325 per Cr (0.05325%) (on premium) | NSE Rs 7000 per crore (0.07%) | BSE Rs 4500 per crore (0.045%) |
| Currency Futures | NSE, BSE - Rs 150 per crore (0.0015%) | |
| Currency Options | NSE, BSE - Rs 7500 (on premium) per crore (0.075%) | |
| Commodity | MCX Rs 325 (0.00325%) | NCDEX Rs 600 per Cr(0.006%) | |
| Open Bajaj Finserv Account |
Bajaj Finserv margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the RMoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Finserv | RMoney | |
|---|---|---|
| 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 Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). RMoney offers RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) trading software.
| Bajaj Finserv | RMoney | |
|---|---|---|
| 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 | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) | RMoney Smart Trade, RMoney Active Trade and RMoney QUICK (ODIN Based Trading Applications) |
| Intraday Square-off Time | 3:15 PM | Equity 3:15 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | ||
| Other Features | ||
| Open Bajaj Finserv Account |
Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas RMoney is rated 3.2 of 5 based on 5 customer reviews.
| Bajaj Finserv | RMoney | |
|---|---|---|
13 Customer Reviews  |
5 Customer Reviews |
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| Broker Rating | Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews | RMoney is rated 3.2 of 5 based on 5 customer reviews |
| Bajaj Finserv Enquire | RMoney Enquire | |
|---|---|---|
| Contact Broker | Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!. | 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. |
| Bajaj Finserv | RMoney | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Corporate FD, Life Instance, General Insurance |
| Bajaj Finserv | RMoney | |
|---|---|---|
| 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 |
| Bajaj Finserv | RMoney | |
|---|---|---|
| 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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| Bajaj Finserv | RMoney | |
|---|---|---|
| Casual Investor | |
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| Active Investor | |
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| Bajaj Finserv | RMoney | |
|---|---|---|
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| Reviews | Useful Articles: | |
| Promo / Offers | 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. |
Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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