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Sharekhan Vs Bajaj Financial (Compare Sharekhan and Bajaj Financial)

Sharekhan Logo

About Sharekhan
Designed for the Serious and established in 2000, Sharekhan is a full-service stock broking firm that is also considered as one of the pioneers in retail online broking and digital investments in India. It offers online trading and investing services for brokerage through its online trading platforms: Website (www.sharekhan.com), TradeTiger (desktop trading software), the Sharekhan app and the InvesTiger app (both available for Android and iOS devices). Designed for serious Investors and Trader... Know more about Sharekhan

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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Sharekhan Vs Bajaj Financial

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

  Sharekhan Bajaj Financial
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 2000 2010
Number of Branches 2800 6
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Sharekhan Vs Bajaj Financial Charges & AMC

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

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

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Sharekhan Vs Bajaj Financial Brokerage

Sharekhan brokerage charges for equity is 0.30% on market rate or minimum 1 paisa per share and intraday is 0.02% on market rate or minimum 1 paisa per share whereas Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type Sharekhan Classic Account Bajaj Financial Freedom Plan
Fixed Charges Rs 431 per year
Equity Delivery 0.30% on market rate or minimum 1 paisa per share Rs 20 per order
Equity Intraday 0.02% on market rate or minimum 1 paisa per share Rs 20 per order
Equity Futures 0.02% per transaction value Rs 20 per order
Equity Options Rs 20 per lot Rs 20 per order
Currency Futures 0.02% per transaction value
Currency Options Rs 5 per lot
Commodity Futures 0.02%
Commodity Options Rs 20 per lot
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!.

Sharekhan Vs Bajaj Financial Brokerage Plan 2

  Sharekhan Bajaj Financial
Account Type Prepaid - Rs 1 Lakh Professional Pack
Fixed Charges Rs 1,00,000 per year Rs 2500 per year
Equity Delivery 0.10% Rs 10 per order
Equity Intraday 0.015% Rs 10 per order
Equity Futures 0.015% Rs 10 per order
Equity Options 0.05% or Rs 63 per lot Rs 10 per order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
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Sharekhan Vs Bajaj Financial Brokerage Plan 3

  Sharekhan Bajaj Financial
Account Type Margin - Rs 1 Lakh Bajaj Privilege Club
Fixed Charges Rs 1,00,000 margin Rs 9999 per year
Equity Delivery 0.25% Rs 5 per order
Equity Intraday 0.05% Rs 5 per order
Equity Futures 0.05% Rs 5 per order
Equity Options 1% or Rs 70 per lot Rs 5 per order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
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Sharekhan Charges Vs Bajaj Financial

Minimum Brokerage Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share Rs 5 per executed order
Other Charges RMS Auto-Square off: Rs 20 per order
Call & Trade Charges Rs 20 Rs 20 per trade

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Sharekhan Vs Bajaj Financial Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5050 per Cr (0.0505%) (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).

  Sharekhan 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 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 200 per Cr (0.002%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%)
Equity Options NSE Rs 5050 per Cr (0.0505%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 95 per Cr (0.00095%)
Currency Options NSE Rs 3700 per Cr (0.037%) (on premium) (on premium)
Commodity Futures: 0.0026% (MCX) | Black Pepper: Rs. 0.05 Castor Seed: Rs 0.5 Kapas: Rs 0.5, Options: 0.05%
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Sharekhan Vs Bajaj Financial Leverage (Margin)

Sharekhan 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.

  Sharekhan 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 Sharekhan and Bajaj Financial Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

  Sharekhan Bajaj Financial
3 in 1 Account No No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform TradeTiger, Sharekhan Mobile BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time 3:30 PM 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features Pattern finder, Class room training
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Sharekhan Vs Bajaj Financial Review

Sharekhan is rated 3.3 of 5 based on 312 customer reviews whereas Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews.

  Sharekhan Bajaj Financial
  312 Customer Reviews    Rate Sharekhan 15 Customer Reviews    Rate Bajaj Financial
Fees 3.0 2.7
Brokerage 2.8 3.2
Trading Platform 3.7 2.9
Customer Service 3.3 2.6
Research Capabilities 3.1 2.0
Overall Ratings Rated 3.3 stars Rated 3.1 stars
Broker Rating Sharekhan is rated 3.3 of 5 based on 312 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

  Sharekhan 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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Sharekhan Vs Bajaj Financial Investment Options

  Sharekhan Bajaj Financial
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading

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Sharekhan Vs Bajaj Financial Order Type Offered

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

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

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Sharekhan Vs Bajaj Financial Suitable For Investor Type

  Sharekhan Bajaj Financial
Casual Investor Yes
Active Investor Yes
Trader Yes

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Sharekhan Vs Bajaj Financial - Pros and Cons

  Sharekhan Bajaj Financial
Pros
  1. Sharekhan offers different trading platforms to suit customer requirements. This includes online browser-based trading, an Installable terminal, mobile, call-n-trade and in-person trade through branch offices.
  2. It offers different brokerage slabs to suit individual customers. Higher your trade your brokerage gets reduced. They have multiple brokerage schemas available to them.
  3. Sharekhan offers online and classroom training, seminars and workshops to investors.
  4. Sharekhan doesn't charge for Online Funds Transfer from a bank account and Funds Pay-out to a bank account.
  5. Sharekhan doesn't charge for DP transactions. Share transfer from and to the DP account is free.
  6. Sharekhan has an India-wide network of branches. You can surely find a Sharekhan in your neighbourhood.
  7. Call & Trade facility is free with Sharekhan.
  8. Sharekhan allows fixed deposits as collateral for future and option trading.
Cons
  1. Sharekhan doesn't offer 3-in-1 accounts as they don't provide banking services.
  2. Classic account holders cannot trade Commodities, as the segment has to be activated separately.
  3. As a full-service broker that provides Customer Support and assistance via RMs, their charges are basis a percentage of the Securities being traded and not a flat fee.
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.

Open Instant Demat Account Read Reviews

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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