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Bajaj Finserv Stock Trading, Demat, Brokerage and Reviews 2022


75,038 Clients

Bajaj Finserv Account Opening Enquiry

Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

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 (mobile app) and Trade Online (web platform) that gives you various opportunities to grow/earn profits and makes your trading journey effortless.

The company also offers Margin Trade Financing, which allows you to enhance/improve your trading limitations. BSFL offers Margin Trading Funding for bonds, stocks, and shares.

BFSL charges low brokerage through its multiple subscription plans like Freedom Plan, Professional Plan and Bajaj Privilege Club Plan, the top premium plan has the lowest brokerage charges i.e. Rs 5 for all the segments under Bajaj Privilege Club Plan.

Bajaj Finserv USP

What makes Bajaj Finserv different from the competition?

  1. Part of a well-known company Bajaj Finance Limited.
  2. Multiple subscription plans.
  3. Zero Demat AMC charges.
  4. Loan Against Securities.
  5. US Stocks trading is available.

Bajaj Finserv Special Offer

Rs 0 Account Opening (for a limited time only)

  • Get FREE Account Opening.
  • Flat Rs 10 Per Trade Brokerage (with Rs 2500 AMC)
  • Flat Rs 5 Per Trade Brokerage (with Rs 9999 AMC)

This is a limited-time offer. Simply leave your contact information with us and Bajaj Finserv representatives will contact you.


Bajaj Finserv Charges 2022

The company offers multiple brokerage and subscription plans for trading purposes. BFSL also offers the lowest brokerage and margin interest charges. Following are the charges and plans offered by BFSL:

1. Freedom Plan

BFSL Freedom Plan offers trading at Flat Rs 17 per trade for Equity Intraday and F&O transactions and 0.10% for Equity Delivery. BFSL allows you to trade at BSE and NSE.

Segment Brokerage

Subscription Fee

Rs 431 per year (Free for 1st year)

Equity Delivery

0.10%

Equity Intraday

Rs 17 per trade

Equity Future

Rs 17 per trade

Equity Options

Rs 17 per trade

2. Professional Plan

BFSL charges Flat Rs 10 per trade through its Professional Pack for Equity Delivery, Intraday and F&O transactions.

Segment Brokerage

Subscription Fee

Rs 2500 per year

Equity Delivery

Rs 10 per trade

Equity Intraday

Rs 10 per trade

Equity Future

Rs 10 per trade

Equity Options

Rs 10 per trade

3. Privilege Club Plan

BFSL brokerage charges are Rs 5 per trade under its Bajaj Privilege Club Pack for Equity Delivery, Intraday and F&O transactions.

Segment Brokerage

Subscription fee

Rs 9,999 per year

Equity Delivery

Rs 5 per trade

Equity Intraday

Rs 5 per trade

Equity Future

Rs 5 per trade

Equity Options

Rs 5 per trade

Note:

  • Pledge & Unpledged charges are Rs 35.
  • Payment Gateway Charges: Rs 10 per transaction for fund transfer through Net Banking and Rs 30 per transaction plus taxes on Debit Cards.

Visit Bajaj Finserv Brokerage Charges Review for more detail.

Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

Bajaj Finserv Online Account Opening

Bajaj Finserv account opening is an instant, paperless, secure, and seamless online account opening facility. You can open an account in just 10 mins from the BFSLTrade app or through the web platform of BFSL.

BFSL allows you to open a free account through its Freedom Plan, with zero subscription charges for the first year and Rs 431 from the second year onwards.


Bajaj Finserv Trading Software (Bajaj Finserv Trading Platforms)

Bajaj Finserv has two online trading platforms and a call & trade facility.

  1. BFSLTrade (Mobile Trading App)

    BFSLTrade is a safe and secure mobile app that gives you a smooth trading experience, available free of cost to trade anytime, anywhere at your fingertips.

    BFSLTrade App is available for both android and iPhone users offering special features like a modern user-friendly interface, live price updates, easy watchlists, secure payment options, smart charts, quick IPO apply option, etc.

    Bajaj Finserv Mobile App Review - Dashboard
  2. Bajaj Finserv Trading Website

    The website of Bajaj Finserv allows its customers to trade online in Equity, Derivative and Mutual Funds. This website can be accessed from a mobile phone or a computer that has a web browser installed.

  3. Call & Trade facility

    Bajaj Finserv also allows its customers to place an order via phone call at an extra charge of Rs 20 + GST per executed order.

 

Visit Bajaj Finserv Trading Software Review for more detail.

Bajaj Finserv Account Opening Enquiry

Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

Bajaj Finserv Pros and Cons


Bajaj Finserv Pros (Advantages)

The following are the advantages of Bajaj Finserv. You must read Bajaj Finserv advantages and disadvantages before opening an account with Bajaj Finserv. Bajaj Finserv pros and cons help you find if it suits your investment needs.

  1. Part of Bajaj Finserv, a leading NBFC in India.
  2. Multiple yearly subscription plans starting from Rs 431 to Rs 9999.
  3. Loan Against Securities is available.
  4. Margin Trading Funding (MTF) is available.
  5. Option to invest in US stocks.
  6. Fast and safe fund transfer.
  7. Brokerage of flat Rs 5 per trade in the Bajaj Privilege Club plan with a Rs 9999 yearly subscription fee.

Bajaj Finserv Cons (Disadvantages)

The following are the cons of Bajaj Finserv. Check the list of Bajaj Finserv drawbacks.

  1. High equity delivery brokerage charges of 0.10% in the Freedom plan.
  2. Upfront yearly subscription fee is mandatory. Most other discount stock broker doesn't charge any subscription fees.
  3. Yearly subscription fee of Rs 431 to Rs 9999 based on the plan.
  4. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading.
  5. Call & Trade is available at additional Rs 20 per executed order.
  6. 3-in-1 account is not available.

Open Instant Account with Bajaj Finserv

Bajaj Finserv Margin Exposure

Bajaj Finserv margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Bajaj Finserv F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Bajaj Finserv F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure)1x

Bajaj Finserv Ratings

Overall Rating Rated 3.2 stars 3.2/5
Fees Rated 2.7 stars 2.7/5
Brokerage Rated 3.4 stars 3.4/5
Usability Rated 3.0 stars 3.0/5
Customer Service Rated 2.8 stars 2.8/5
Research Capabilities

Based on 13 Votes by Bajaj Finserv Customers

Do you trade with Bajaj Finserv? Rate Bajaj Finserv


Bajaj Finserv Complaint

The number of Bajaj Finserv customer complaint received by the exchanges. The Bajaj Finserv consumer complaint report helps understanding the Bajaj Financial Securities Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2022-23 95,748 1 0%
NSE 2021-22 75,038 3 0%
BSE 2021-22 2,829 1 0.04%
BSE 2020-21 99 1 1.01%
NSE 2019-20 530 1 0.19%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Bajaj Finserv Complaints at BSE, NSE and MCX for detail report.



Margin Trading Facility (MTF)

Bajaj Finserv offers a Margin Trading Facility that allows investors to increase their buying power by paying a small amount of total value. The company charges an interest rate on the amount funded under this facility. Traders can keep MTF trade positions open for up to 365 days using BFSL. The interest rate charge on MTF varies by the brokerage plan you choose.

Bajaj Finserv MTF Interest Rates

Plans Margin Interest (%)

Freedom Plan

18%

Professional Plan

12%

Bajaj Privilege Club

8.5%

Note:

  • MTF facility is available for Equity Delivery trades in selected stocks only.
  • MTF facility is not available for Intraday or F&O trades.
  • Up to 3.5X times leverage is available under MTF.
  • Traders can keep MTF trade positions open for up to 365 days.
  • BFSL Margin trading finance limit is up to Rs. 20 crore.

Let's take an example of how to calculate the due amount which is to be paid for margin trading. If you use the MTF for 24 days, the cost will be multiplied by 24/365 to get the due amount.


Frequently Asked Questions

  1. 1. Is Bajaj Finserv a broker?

    Bajaj Financial Securities Limited or BFSL (a subsidiary of Bajaj Finserv) is a stock broker. BFSL is a SEBI registered broker offering services including online investment in Stocks, Mutual Funds and IPO.

    Bajaj Finserv is a member of the BSE and NSE stock exchanges. It offers depository services (Demat Account) through its membership with CDSL and NSDL.

     

     

  2. 2. How does Bajaj Finserv work?

    Bajaj Finserv offers stockbroking services through its subsidiary Bajaj Financial Securities Limited (BFSL). BFSL allows you to invest in IPO, Debt, Shares, and Mutual Funds on BSE and NSE exchanges. The company is a member of NSDL and CDSL.

    BFSL's Freedom brokerage plan charges flat Rs 17 per trade brokerage for Equity Intraday and F&O trades and 0.10% for Equity Delivery trades.

     

     

  3. 3. Does Bajaj Finserv offer Margin Trading Funding?

    Yes, Bajaj Finserv offers Margin Trading Funding (MTF) to increase customer's trading limits. The company charges interest on the loan. The interest varies from 18% per year to 8% per year based on the yearly prepaid subscription plan taken by the customer.

    The MTF loan facility increases the buying power for shares by just paying a small amount of total value.

    Bajaj Finserv MTF Interest Rates

    Plans Segments Margin Interest (%)

    Freedom Plan

    Equity Delivery

    18%

    Professional Plan

    Equity Delivery and Intraday

    12%

    Bajaj Privilege Club

    Equity Delivery and Intraday

    8.5%

     

     

Special Offer: Rs 0 Account Opening Charges + Flat Rs 10 Per Trade Brokerage (with Rs 2500 yearly subscription charges) - Open Demat Account Now!.

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