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Bajaj Financial Vs Zerodha (Compare Bajaj Financial and Zerodha)

Bajaj Financial Securities Ltd Logo

About Bajaj Financial
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

Zerodha Logo

About Zerodha
Zerodha is India's leading stockbroker. It is among the largest and most reputed brokers offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO, Futures & Options, Bonds, Govt. Securities, and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and Futures, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. Further, for Options trades, it charges Flat Rs. 20 per executed orde... Know more about Zerodha

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Bajaj Financial Vs Zerodha

Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

  Bajaj Financial Zerodha
Type of Broker Discount Broker Discount Broker
Exchnage Membership BSE, NSE NSE, BSE, MCX and NCDEX
Year of Incorporation 2010 2010
Number of Branches 6 22
Open Bajaj Financial AccountOpen Zerodha Account

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Bajaj Financial Vs Zerodha Charges & AMC

Bajaj Financial trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 200 (Free for age under 25). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Zerodha Demat Account AMC Charges is Rs 300.

  Bajaj Financial Zerodha
Trading Account Opening Charges Rs 0 (Free) Rs 200 (Free for age under 25)
Trading Account AMC Charges Rs 899 per year Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 300

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Bajaj Financial Vs Zerodha Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

Account Type Bajaj Financial Freedom Plan Zerodha Flat Brokerage Plan
Fixed Charges Rs 431 per year
Equity Delivery Rs 20 per order Rs 0 (Free)
Equity Intraday Rs 20 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 20 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Special Offer
Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!.
Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Bajaj Financial Vs Zerodha Brokerage Plan 2

  Bajaj Financial Zerodha
Account Type Professional Pack Flat Brokerage Plan
Fixed Charges Rs 2500 per year
Equity Delivery Rs 10 per order Rs 0 (Free)
Equity Intraday Rs 10 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 10 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 10 per order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Open Bajaj Financial AccountOpen Zerodha Account

Bajaj Financial Vs Zerodha Brokerage Plan 3

  Bajaj Financial Zerodha
Account Type Bajaj Privilege Club Flat Brokerage Plan
Fixed Charges Rs 9999 per year
Equity Delivery Rs 5 per order Rs 0 (Free)
Equity Intraday Rs 5 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 5 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 5 per order Rs 20 per executed order
Currency Futures Rs 20 per executed order or .03% whichever is lower
Currency Options Rs 20 per executed order
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order
Open Bajaj Financial AccountOpen Zerodha Account

Bajaj Financial Charges Vs Zerodha

Minimum Brokerage Rs 5 per executed order 0.03% in Intraday and F&O
Other Charges RMS Auto-Square off: Rs 20 per order Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges Rs 20 per trade Rs 50 per executed order

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Bajaj Financial Vs Zerodha Transaction Charges

Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).

  Bajaj Financial Zerodha
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%) NSE Rs 190 per Cr (0.0019%) | BSE Rs 0
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
Commodity Group A - Rs 260 per Cr (0.0026%)
Open Bajaj Financial AccountOpen Zerodha Account

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Bajaj Financial Vs Zerodha Leverage (Margin)

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

  Bajaj Financial Zerodha
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 Financial AccountOpen Zerodha Account

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Compare Bajaj Financial and Zerodha Features

The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

  Bajaj Financial Zerodha
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts No No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) Kite Web, Kite Mobile for Android/iOS and Coin
Intraday Square-off Time 3:15 PM Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Trading In SME Shares Allowed? No Yes
Referral Program Yes
Other Features Direct Mutual Funds, APIs for Algo Trading
Open Bajaj Financial AccountOpen Zerodha Account

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Bajaj Financial Vs Zerodha Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas Zerodha is rated 3.7 of 5 based on 480 customer reviews.

  Bajaj Financial Zerodha
  15 Customer Reviews    Rate Bajaj Financial 480 Customer Reviews    Rate Zerodha
Fees 2.7 3.7
Brokerage 3.2 4.2
Trading Platform 2.9 3.6
Customer Service 2.6 3.4
Research Capabilities 2.0 2.8
Overall Ratings Rated 3.1 stars Rated 3.7 stars
Broker Rating Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews Zerodha is rated 3.7 of 5 based on 480 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Financial Enquire Zerodha Enquire
Contact Broker Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) + Rs 0 Demat AMC Open Demat Account Now!. Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

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Bajaj Financial Vs Zerodha Investment Options

  Bajaj Financial Zerodha
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options

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Bajaj Financial Vs Zerodha Order Type Offered

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

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Bajaj Financial Vs Zerodha Research Report

  Bajaj Financial Zerodha
Daily Market Report No No
Free Tips No No
Quarterly Result Analysis No No
News Alerts No No

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Bajaj Financial Vs Zerodha Suitable For Investor Type

  Bajaj Financial Zerodha
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Bajaj Financial Vs Zerodha - Pros and Cons

  Bajaj Financial Zerodha
Pros
  • Free account opening for people under 25.
  • India's leading broker in terms of the number of active clients, exchange volume and brokerage revenue.
  • Safe, reliable, and most technologically advance broker in India.
  • Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
  • Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
  • Flat Rs 20 per trade brokerage for all other segments.
  • Excellent trading platforms (Kite) available for free.
  • Direct Mutual Fund Investment is available.
  • Good Till Triggered (GTT) orders are available. These are similar to GTC orders.
  • NRI Trading account is available.
Cons
  • It does not provide stock tips, research, and recommendations.
  • Call & Trade is charged an extra Rs 50 per order.
  • Auto Square off is charged at an extra Rs 50 per order.
  • It does not offer a 3-in-1 account.
  • It does not offer monthly unlimited trading plans.
  • It does not offer an AMC Free Demat account.
  • No margin funding.
Reviews
Promo / Offers

Bajaj Financial Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 20 Per Trade Brokerage (with Rs 431 yearly fee)
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly fee)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 yearly fee)
  • Rs 0 Demat AMC

This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.

Zerodha Special Offer

Free stock trading and mutual funds

  • Free account opening for people under 25.
  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Open Bajaj Financial AccountOpen Zerodha Account

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