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IDBI Capital Vs Bajaj Financial (Compare IDBI Capital and Bajaj Financial)

IDBI Capital Markets and Securities Ltd Logo

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 offers... Know more about IDBI Capital Markets and Securities Ltd

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

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IDBI Capital Vs Bajaj Financial

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
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
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IDBI Capital Vs Bajaj Financial Charges & AMC

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
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)

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IDBI Capital Vs Bajaj Financial Brokerage

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 Card Rate Plan Bajaj Financial Freedom Plan
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 (Flat Rs 20 Per Trade)

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 Vs Bajaj Financial Brokerage Plan 2

  IDBI Capital Bajaj Financial
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
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IDBI Capital Vs Bajaj Financial Brokerage Plan 3

  IDBI Capital Bajaj Financial
Account Type Card Rate 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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IDBI Capital Charges Vs Bajaj Financial

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

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IDBI Capital Vs Bajaj Financial Transaction Charges

IDBI Capital transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Bajaj Financial exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium).

  IDBI Capital Bajaj Financial
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity NA
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IDBI Capital Vs Bajaj Financial Leverage (Margin)

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
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 IDBI Capital and Bajaj Financial Features

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
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
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? No
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide
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IDBI Capital Vs Bajaj Financial Review

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 Bajaj Financial
  41 Customer Reviews    Rate IDBI Capital 15 Customer Reviews    Rate Bajaj Financial
Fees 3.2 2.7
Brokerage 2.5 3.2
Trading Platform 2.6 2.9
Customer Service 2.8 2.6
Research Capabilities 2.5 2.0
Overall Ratings Rated 2.6 stars Rated 3.1 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital Enquire Bajaj Financial Enquire
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!.

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IDBI Capital Vs Bajaj Financial Investment Options

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

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IDBI Capital Vs Bajaj Financial Order Type Offered

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

  IDBI Capital Bajaj Financial
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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IDBI Capital Vs Bajaj Financial Suitable For Investor Type

  IDBI Capital Bajaj Financial
Casual Investor Yes
Active Investor
Trader Yes

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IDBI Capital Vs Bajaj Financial - Pros and Cons

  IDBI Capital Bajaj Financial
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

  • 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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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.

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