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Bajaj Financial Vs SAMCO (Compare Bajaj Financial and SAMCO)

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

SAMCO Securities Limited Logo

About SAMCO
SAMCO Securities is one of India's leading investment technology companies offering a variety of securities to trade and invest in, such as stocks, Equity Derivatives, Currency Derivatives, Commodities, Mutual Funds, and IPO. Incorporated in 2015, SAMCO is known for its ultra-low brokerage, unique margin products, and free trading software. SAMCO is also popular for offering StockBasket, a tool to invest in an expert-selected basket of stocks selected based on 25+ stock rating parameters. The c... Know more about SAMCO Securities Limited

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Bajaj Financial Vs SAMCO

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

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

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Bajaj Financial Vs SAMCO Charges & AMC

Bajaj Financial trading account opening charges is Rs 0 (Free) while SAMCO account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and SAMCO Demat Account AMC Charges is Rs 400.

  Bajaj Financial SAMCO
Trading Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Trading Account AMC Charges Rs 899 per year Rs 0 (Free)
Demat Account Opening Charges Rs 0 (Free) Rs 0 (Free)
Demat Account AMC Charges Rs 199 (Free for 1st year) Rs 400

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Bajaj Financial Vs SAMCO Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas SAMCO brokerage charges for equity is Rs 20 per trade or 0.50% (whichever is lower) and intraday is Rs 20 per trade or 0.05% (whichever is lower).

Account Type Bajaj Financial Freedom Plan SAMCO Standard
Fixed Charges Rs 431 per year NA
Equity Delivery Rs 20 per order Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 20 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 20 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 20 per order Rs 20 per trade
Currency Futures Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 20 per trade
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options
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: Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

Bajaj Financial Vs SAMCO Brokerage Plan 2

  Bajaj Financial SAMCO
Account Type Professional Pack Standard
Fixed Charges Rs 2500 per year NA
Equity Delivery Rs 10 per order Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 10 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 10 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 10 per order Rs 20 per trade
Currency Futures Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 20 per trade
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options
Open Bajaj Financial AccountOpen SAMCO Account

Bajaj Financial Vs SAMCO Brokerage Plan 3

  Bajaj Financial SAMCO
Account Type Bajaj Privilege Club Standard
Fixed Charges Rs 9999 per year NA
Equity Delivery Rs 5 per order Rs 20 per trade or 0.50% (whichever is lower)
Equity Intraday Rs 5 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Futures Rs 5 per order Rs 20 per trade or 0.05% (whichever is lower)
Equity Options Rs 5 per order Rs 20 per trade
Currency Futures Rs 20 per trade or 0.05% (whichever is lower)
Currency Options Rs 20 per trade
Commodity Futures Rs 20 per trade or 0.05% (whichever is lower)
Commodity Options
Open Bajaj Financial AccountOpen SAMCO Account

Bajaj Financial Charges Vs SAMCO

Minimum Brokerage Rs 5 per executed order 0.5% per executed order for Equity Delivery and 0.05% per executed order for other segments
Other Charges RMS Auto-Square off: Rs 20 per order
Call & Trade Charges Rs 20 per trade Rs 20 per executed order

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Bajaj Financial Vs SAMCO 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 SAMCO exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium).

  Bajaj Financial SAMCO
Equity Delivery NSE Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (each side)
Equity Intraday NSE Rs 325 per Cr (0.00325%) NSE Rs 345 per Cr (0.00345%) | BSE Rs 345 per Cr (0.00345%) (sell side)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%) NSE Rs 200 per Cr (0.002%) | BSE Rs 100 per Cr (0.001%)
Equity Options NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 100 per Cr (0.001%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%)
Currency Options (on premium) NSE Rs 3500 per Cr (0.035%) (on premium)
Commodity Non-Agri Rs 260 (0.0026%) | Agri Rs 175 per Crore
Open Bajaj Financial AccountOpen SAMCO Account

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Bajaj Financial Vs SAMCO Leverage (Margin)

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

  Bajaj Financial SAMCO
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 SAMCO Account

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Compare Bajaj Financial and SAMCO Features

The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). SAMCO offers Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star trading software.

  Bajaj Financial SAMCO
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 Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes Yes
Trading Platform BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) Samco Mobile App, Nest Trader, Samco Trade API, Kya Trade, RankMF, StockBasket, Samco Star
Intraday Square-off Time 3:15 PM 3:15 PM
Trading In SME Shares Allowed? No
Referral Program Yes
Other Features Margin Products - CashPlus, StockPlus, and BTPT
Open Bajaj Financial AccountOpen SAMCO Account

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Bajaj Financial Vs SAMCO Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas SAMCO is rated 3.2 of 5 based on 26 customer reviews.

  Bajaj Financial SAMCO
  15 Customer Reviews    Rate Bajaj Financial 26 Customer Reviews    Rate SAMCO
Fees 2.7 3.4
Brokerage 3.2 3.8
Trading Platform 2.9 2.8
Customer Service 2.6 3.2
Research Capabilities 2.0 2.6
Overall Ratings Rated 3.1 stars Rated 3.2 stars
Broker Rating Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews SAMCO is rated 3.2 of 5 based on 26 customer reviews

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Contact Broker / Request A Call Back

  Bajaj Financial Enquire SAMCO 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!. Get Free Trading and Demat Account Opening + 100% Brokerage Cash Back for 1st Month for trades using Mobile App. Open Instant Account online with SAMCO and start trading today.

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Bajaj Financial Vs SAMCO Investment Options

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

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Bajaj Financial Vs SAMCO Order Type Offered

  Bajaj Financial SAMCO
Bracket Order Yes Yes
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
Open Bajaj Financial AccountOpen SAMCO Account

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Bajaj Financial Vs SAMCO Research Report

  Bajaj Financial SAMCO
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 SAMCO Suitable For Investor Type

  Bajaj Financial SAMCO
Casual Investor
Active Investor
Trader Yes Yes

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Bajaj Financial Vs SAMCO - Pros and Cons

  Bajaj Financial SAMCO
Pros
  • A technology-driven stockbroker with significantly fewer overheads.
  • Flat Rs 20 per trade low-cost trading across segments.
  • Instant paperless online account opening process.
  • Margin products are available for delivery margin and margin against shares.
  • Samco, a mobile trading app with personalized news, managed alerts, advanced charts, and a watch list with any number of shares.
  • Guest user for mobile app Samco which allows you to check the app even before you become a customer.
  • Advance order types i.e. bracket order and cover order with up to 33 times leverage
  • Free 'NEST Trader' installable trading terminal for frequent traders.
Cons
  • No branch offices.
  • Mutual Fund investment is now available.
  • Online IPO applications are not available.
  • Additional charges for broker assisted traders (Call & Trade).
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.

SAMCO Special Offer

Free Account Opening + 100% Brokerage Refund for 1st Month + 0 AMC 1st Year

  • Free Account Opening
  • 100% free brokerage for 1st month
  • Free Demat AMC for 1st Year
  • Pay flat Rs 20 for Equity Delivery, Intra-day and F&O Trades.

It is a limited-time offer. Open Instant Account online and start trading the same day.

Open Bajaj Financial AccountOpen SAMCO Account

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