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Bajaj Finserv Vs Zerodha (Compare Bajaj Finserv and Zerodha)

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

Zerodha Logo

About Zerodha
Zerodha is India's No. 1 stockbroker. It is largest and most popular broker offering online flat fee discount brokerage services to invest in Equity, Currency, Commodity, IPO and Direct Mutual Funds. Zerodha charges Rs 0 brokerage for equity delivery trades and direct mutual funds. For intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. With Zerodha, the maximum brokerage you pay for any transaction is Rs 20 for an order (of any size, amount or segment). Ze... Know more about Zerodha

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Bajaj Finserv Vs Zerodha

Incorporated in 2010, Bajaj Finserv 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 Finserv 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 Finserv AccountOpen Zerodha Account

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Bajaj Finserv Vs Zerodha Charges & AMC

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

  Bajaj Finserv Zerodha
Trading Account Opening Charges Rs 0 (Free) Rs 200
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 Finserv Vs Zerodha Brokerage

Bajaj Finserv brokerage charges for equity is 0.10% and intraday is Rs 17 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 Finserv Freedom Plan Zerodha Flat Brokerage Plan
Fixed Charges Rs 0
Equity Delivery 0.10% Rs 0 (Free)
Equity Intraday Rs 17 per order Rs 20 per executed order or .03% whichever is lower
Equity Futures Rs 17 per order Rs 20 per executed order or .03% whichever is lower
Equity Options Rs 17 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 or .03% whichever is lower
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order or .03% whichever is lower
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: 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 online with Zerodha and start trading today.

Bajaj Finserv Vs Zerodha Brokerage Plan 2

  Bajaj Finserv 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 or .03% whichever is lower
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order or .03% whichever is lower
Open Bajaj Finserv AccountOpen Zerodha Account

Bajaj Finserv Vs Zerodha Brokerage Plan 3

  Bajaj Finserv 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 or .03% whichever is lower
Commodity Futures Rs 20 per executed order or .03% whichever is lower
Commodity Options Rs 20 per executed order or .03% whichever is lower
Open Bajaj Finserv AccountOpen Zerodha Account

Bajaj Finserv Charges Vs Zerodha

Minimum Brokerage Rs 5 for Equity Delivery & Intraday 0.03% in Intraday and F&O
Other Charges 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 Finserv Vs Zerodha Transaction Charges

Bajaj Finserv transaction charges for options is NSE Rs 5325 per Cr (0.05325%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

  Bajaj Finserv Zerodha
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%) NSE Rs 200 per Cr (0.002%)
Equity Options NSE Rs 5325 per Cr (0.05325%) (on premium) NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options 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 Finserv AccountOpen Zerodha Account

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Bajaj Finserv Vs Zerodha Leverage (Margin)

Bajaj Finserv 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 Finserv 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 Finserv AccountOpen Zerodha Account

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Compare Bajaj Finserv and Zerodha Features

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

  Bajaj Finserv 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 Finserv AccountOpen Zerodha Account

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Bajaj Finserv Vs Zerodha Review

Bajaj Finserv is rated 3.2 of 5 based on 13 customer reviews whereas Zerodha is rated 3.7 of 5 based on 460 customer reviews.

  Bajaj Finserv Zerodha
  13 Customer Reviews    Rate Bajaj Finserv 460 Customer Reviews    Rate Zerodha
Fees 2.7 3.7
Brokerage 3.4 4.3
Trading Platform 3.0 3.6
Customer Service 2.8 3.4
Research Capabilities 2.9
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 Zerodha is rated 3.7 of 5 based on 460 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Finserv Enquire Zerodha 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 online with Zerodha and start trading today.

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Bajaj Finserv Vs Zerodha Investment Options

  Bajaj Finserv 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 Finserv Vs Zerodha Order Type Offered

  Bajaj Finserv Zerodha
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 Yes
Good Till Cancelled (GTC) No Yes
Open Bajaj Finserv AccountOpen Zerodha Account

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Bajaj Finserv Vs Zerodha Research Report

  Bajaj Finserv Zerodha
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 Zerodha Suitable For Investor Type

  Bajaj Finserv Zerodha
Casual Investor Yes
Active Investor Yes
Trader Yes Yes

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Bajaj Finserv Vs Zerodha - Pros and Cons

  Bajaj Finserv Zerodha
Pros
  • India's No. 1 broker in terms of the number of active clients and exchange volume.
  • 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 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 Special Offer

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery 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 Instant Zerodha Account online and start trading today.

Open Bajaj Finserv AccountOpen Zerodha Account

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