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Bajaj Finserv Vs SBI Securities (Compare Bajaj Finserv and SBI Securities)

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

SBICAP Securities Ltd Logo

About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders. SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians a... Know more about SBICAP Securities Ltd

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Bajaj Finserv Vs SBI Securities

Incorporated in 2010, Bajaj Finserv is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.

  Bajaj Finserv SBI Securities
Type of Broker Discount Broker Full Service Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2010 2001
Number of Branches 6 117
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Bajaj Finserv Vs SBI Securities Charges & AMC

Bajaj Finserv trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. Bajaj Finserv Demat Account AMC Charges is Rs 199 (Free for 1st year) and SBI Securities Demat Account AMC Charges is Rs 350.

  Bajaj Finserv SBI Securities
Trading Account Opening Charges Rs 0 (Free) Rs 850
Trading Account AMC Charges Rs 899 per year Rs 0
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 350

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Bajaj Finserv Vs SBI Securities Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 per order whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.

Account Type Bajaj Finserv Freedom Plan SBI Securities eZ-trade
Fixed Charges Rs 0
Equity Delivery 0.10% 0.50%
Equity Intraday Rs 17 per order 0.05%
Equity Futures Rs 17 per order 0.05%
Equity Options Rs 17 per order Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures NA
Commodity Options NA
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 Vs SBI Securities Brokerage Plan 2

  Bajaj Finserv SBI Securities
Account Type Professional Pack eZ-trade
Fixed Charges Rs 2500 per year
Equity Delivery Rs 10 per order 0.50%
Equity Intraday Rs 10 per order 0.05%
Equity Futures Rs 10 per order 0.05%
Equity Options Rs 10 per order Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures NA
Commodity Options NA
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Bajaj Finserv Vs SBI Securities Brokerage Plan 3

  Bajaj Finserv SBI Securities
Account Type Bajaj Privilege Club eZ-trade
Fixed Charges Rs 9999 per year
Equity Delivery Rs 5 per order 0.50%
Equity Intraday Rs 5 per order 0.05%
Equity Futures Rs 5 per order 0.05%
Equity Options Rs 5 per order Rs 100 per lot
Currency Futures 0.03%
Currency Options Rs 30 per lot
Commodity Futures NA
Commodity Options NA
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Bajaj Finserv Charges Vs SBI Securities

Minimum Brokerage Rs 5 for Equity Delivery & Intraday Rs 0.05 for Cash, Rs 0.01 Future
Other Charges
Call & Trade Charges Rs 20 per trade Rs 10 per call (after 30 free calls a month)

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Bajaj Finserv Vs SBI Securities Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while SBI Securities exchange transaction charges for options is NSE: 0.05515% (Rs 5515/Crore).

  Bajaj Finserv SBI Securities
Equity Delivery NSE Rs 345 per Cr (0.00345%) (each side) NSE: 0.00386% | BSE: 0.00384%
Equity Intraday NSE Rs 345 per Cr (0.00345%) (each side) NSE: 0.00386% | BSE: 0.00384%
Equity Futures NSE Rs 225 per Cr (0.00225%) NSE: 0.002206% (Rs 221/Crore)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) NSE: 0.05515% (Rs 5515/Crore)
Currency Futures 0.002206%
Currency Options NSE: 0.05515% (Rs 5515/Crore)
Commodity
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Bajaj Finserv Vs SBI Securities Leverage (Margin)

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

  Bajaj Finserv SBI Securities
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 Bajaj Finserv and SBI Securities Features

The trading platforms offered Bajaj Finserv include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.

  Bajaj Finserv SBI Securities
3 in 1 Account No Yes
Charting Yes No
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) SBI Smart Express, SBI Smart Web, SBI Smart Mobile
Intraday Square-off Time 3:15 PM 2:45 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features
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Bajaj Finserv Vs SBI Securities Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 153 customer reviews.

  Bajaj Finserv SBI Securities
  13 Customer Reviews    Rate Bajaj Finserv 153 Customer Reviews    Rate SBI Securities
Fees 2.7 3.1
Brokerage 3.4 2.7
Trading Platform 3.0 2.6
Customer Service 2.8 2.8
Research Capabilities 2.3
Overall Ratings Rated 3.2 stars Rated 2.5 stars
Broker Rating Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews SBI Securities is rated 2.5 of 5 based on 153 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire SBI Securities 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.

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Bajaj Finserv Vs SBI Securities Investment Options

  Bajaj Finserv SBI Securities
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Bajaj Finserv Vs SBI Securities Order Type Offered

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

  Bajaj Finserv SBI Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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Bajaj Finserv Vs SBI Securities Suitable For Investor Type

  Bajaj Finserv SBI Securities
Casual Investor Yes
Active Investor
Trader Yes

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Bajaj Finserv Vs SBI Securities - Pros and Cons

  Bajaj Finserv SBI Securities
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
Cons
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
Reviews
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.

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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