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About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India.
IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder).
IDBI Capital of...
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...
Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 branches across India. Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.
IDBI Capital | Bajaj Financial | |
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Type of Broker | Full Service Broker | Discount Broker |
Exchnage Membership | BSE, NSE, NSDL | BSE, NSE |
Year of Incorporation | 1993 | 2010 |
Number of Branches | 14 | 6 |
Open Bajaj Financial Account |
IDBI Capital trading account opening charges is Rs 500 while Bajaj Financial account opening changes is Rs 0 (Free). IDBI Capital Demat Account AMC Charges is Rs 450 and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).
IDBI Capital | Bajaj Financial | |
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Trading Account Opening Charges | Rs 500 | Rs 0 (Free) |
Trading Account AMC Charges | NIL | Rs 899 per year |
Demat Account Opening Charges | NIL | Rs 0 (Free) |
Demat Account AMC Charges | Rs 450 | Rs 199 (Free for 1st year) |
IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.
Account Type | IDBI Capital Standard Plan | Bajaj Financial Freedom Plan |
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Fixed Charges | Rs 431 per year | |
Equity Delivery | 0.50% | Rs 20 per order |
Equity Intraday | 0.05% | Rs 20 per order |
Equity Futures | 0.05% | Rs 20 per order |
Equity Options | Rs 100 per lot | Rs 20 per order |
Currency Futures | NA | |
Currency Options | NA | |
Commodity Futures | NA | |
Commodity Options | NA | |
Special Offer | 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. |
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!. |
IDBI Capital | Bajaj Financial | |
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Account Type | Ace Trader Plan | Professional Pack |
Fixed Charges | Rs 2500 per year | |
Equity Delivery | 0.10% to 0.50% | Rs 10 per order |
Equity Intraday | 0.020% to 0.050% | Rs 10 per order |
Equity Futures | 0.020% to 0.048% | Rs 10 per order |
Equity Options | Rs 100 per lot | Rs 10 per order |
Currency Futures | ||
Currency Options | ||
Commodity Futures | ||
Commodity Options | ||
Open Bajaj Financial Account |
IDBI Capital | Bajaj Financial | |
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Account Type | Standard Plan | Bajaj Privilege Club |
Fixed Charges | Rs 9999 per year | |
Equity Delivery | 0.50% | Rs 5 per order |
Equity Intraday | 0.05% | Rs 5 per order |
Equity Futures | 0.05% | Rs 5 per order |
Equity Options | Rs 100 per lot | Rs 5 per order |
Currency Futures | NA | |
Currency Options | NA | |
Commodity Futures | NA | |
Commodity Options | NA | |
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Minimum Brokerage | Rs 25 per trade or 2.5% of the trade value whichever is lower. | Rs 5 per executed order |
Other Charges | RMS Auto-Square off: Rs 20 per order | |
Call & Trade Charges | Nil | Rs 20 per trade |
IDBI Capital transaction charges for options is 0.051% on premium while Bajaj Financial exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).
IDBI Capital | Bajaj Financial | |
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Equity Delivery | 0.00325% | NSE Rs 345 per Cr (0.00345%) (each side) |
Equity Intraday | 0.00325% | NSE Rs 345 per Cr (0.00345%) (each side) |
Equity Futures | 0.0019% | NSE Rs 200 per Cr (0.002%) |
Equity Options | 0.051% on premium | NSE Rs 5300 per Cr (0.053%) (on premium) |
Currency Futures | NA | |
Currency Options | NA | |
Commodity | NA | |
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IDBI Capital margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Bajaj Financial margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
IDBI Capital | Bajaj Financial | |
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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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The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.
IDBI Capital | Bajaj Financial | |
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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 | Power Pro, Power Streaming, IDBI Direct | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) |
Intraday Square-off Time | 3:00 PM | 3:15 PM |
Trading In SME Shares Allowed? | ![]() |
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Referral Program | ||
Other Features | Morning Report, Equity SIP, Investment Guide | |
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IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews.
IDBI Capital Enquire | Bajaj Financial Enquire | |
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Contact Broker | 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. | 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!. |
IDBI Capital | Bajaj Financial | |
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Stock / Equity | ![]() |
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Commodity | ![]() |
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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 |
IDBI Capital | Bajaj Financial | |
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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 Financial Account |
IDBI Capital | Bajaj Financial | |
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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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IDBI Capital | Bajaj Financial | |
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Casual Investor | ![]() |
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Active Investor | ||
Trader | ![]() |
IDBI Capital | Bajaj Financial | |
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Pros | - Prepaid plans are available for volume traders. | |
Cons | - Additional charge of Rs 2000 per year for installable trading platform. | |
Reviews | ||
Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Bajaj Financial 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 Financial representatives will contact you. |
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