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Aditya Birla Money Vs Bajaj Financial (Compare Aditya Birla Money and Bajaj Financial)

Aditya Birla Money Ltd Logo

About Aditya Birla Money
Incorporated in 1994, Aditya Birla Money Ltd (ABML) is a subsidiary of Aditya Birla Capital Limited and is headquartered in Chennai. The company was formerly known as Apollo Sindhoori Capital Investments. It is engaged in stock broking business and is a member of BSE and NSE. It also holds Portfolio Management Services (PMS) license from SEBI and is a Depository Participant with National Securities Depository Limited ('NSDL') and the Central Depository Services (India) Limited ('CDSL'). The comp... Know more about Aditya Birla Money 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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Aditya Birla Money Vs Bajaj Financial

Incorporated in 1994, Aditya Birla Money is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 800 branches across India. Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

  Aditya Birla Money Bajaj Financial
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE, MCX BSE, NSE
Year of Incorporation 1994 2010
Number of Branches 800 6
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Aditya Birla Money Vs Bajaj Financial Charges & AMC

Aditya Birla Money trading account opening charges is Rs 750 while Bajaj Financial account opening changes is Rs 0 (Free). Aditya Birla Money Demat Account AMC Charges is Rs 436 and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).

  Aditya Birla Money Bajaj Financial
Trading Account Opening Charges Rs 750 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 436 Rs 199 (Free for 1st year)

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Aditya Birla Money Vs Bajaj Financial Brokerage

Aditya Birla Money brokerage charges for equity is 20 and intraday is 20 whereas Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type Aditya Birla Money Trade20 Bajaj Financial Freedom Plan
Fixed Charges Rs 431 per year
Equity Delivery 20 Rs 20 per order
Equity Intraday 20 Rs 20 per order
Equity Futures 20 Rs 20 per order
Equity Options 20 Rs 20 per order
Currency Futures 20
Currency Options 20
Commodity Futures
Commodity Options
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!.

Aditya Birla Money Vs Bajaj Financial Brokerage Plan 2

  Aditya Birla Money Bajaj Financial
Account Type Trade15 (Subscription Rs 999) Professional Pack
Fixed Charges Rs 2500 per year
Equity Delivery 15 Rs 10 per order
Equity Intraday 15 Rs 10 per order
Equity Futures 15 Rs 10 per order
Equity Options 15 Rs 10 per order
Currency Futures 15
Currency Options 15
Commodity Futures
Commodity Options
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Aditya Birla Money Vs Bajaj Financial Brokerage Plan 3

  Aditya Birla Money Bajaj Financial
Account Type Trade10 (Subscription Rs 2499) Bajaj Privilege Club
Fixed Charges Rs 9999 per year
Equity Delivery 10 Rs 5 per order
Equity Intraday 10 Rs 5 per order
Equity Futures 10 Rs 5 per order
Equity Options 10 Rs 5 per order
Currency Futures 10
Currency Options 10
Commodity Futures
Commodity Options
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Aditya Birla Money Charges Vs Bajaj Financial

Minimum Brokerage Rs 20 per executed order 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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Aditya Birla Money Vs Bajaj Financial Transaction Charges

Aditya Birla Money 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).

  Aditya Birla Money 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 MCX - Rs 300 per Cr (0.003%) | NCDEX - Rs 400 per Cr (0.004%)
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Aditya Birla Money Vs Bajaj Financial Leverage (Margin)

Aditya Birla Money 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.

  Aditya Birla Money 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 Aditya Birla Money and Bajaj Financial Features

The trading platforms offered Aditya Birla Money include Etrade, Advanced web, Mobile invest. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

  Aditya Birla Money Bajaj Financial
3 in 1 Account No No
Charting Yes Yes
Automated Trading 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 Etrade, Advanced web, Mobile invest BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time 3:15 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features Insurance and Pension scheme available
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Aditya Birla Money Vs Bajaj Financial Review

Aditya Birla Money is rated 3.0 of 5 based on 30 customer reviews whereas Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews.

  Aditya Birla Money Bajaj Financial
  30 Customer Reviews    Rate Aditya Birla Money 15 Customer Reviews    Rate Bajaj Financial
Fees 3.2 2.7
Brokerage 3.2 3.2
Trading Platform 3.3 2.9
Customer Service 2.9 2.6
Research Capabilities 3.7 2.0
Overall Ratings Rated 3.0 stars Rated 3.1 stars
Broker Rating Aditya Birla Money is rated 3.0 of 5 based on 30 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

  Aditya Birla Money 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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Aditya Birla Money Vs Bajaj Financial Investment Options

  Aditya Birla Money 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 Mutual Funds

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Aditya Birla Money Vs Bajaj Financial Order Type Offered

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

  Aditya Birla Money Bajaj Financial
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No

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Aditya Birla Money Vs Bajaj Financial Suitable For Investor Type

  Aditya Birla Money Bajaj Financial
Casual Investor Yes
Active Investor
Trader Yes

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Aditya Birla Money Vs Bajaj Financial - Pros and Cons

  Aditya Birla Money Bajaj Financial
Pros
  1. ABM offers 2 in 1 account which is Trading cum Demat account
  2. No Call and Trade charges
  3. Fund transfer facility available from more than 11 banks
  4. ABM offers Portfolio Tracker which is one stop shop for your entire portfolio
Cons
  1. Doesn't offer online account opening facility
  2. Brokerage calculator is not available
  3. Doesn't have Referral program
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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