Bajaj Financial Demat Account Charges, Review, Opening

Bajaj Financial Subscription Plan AMC

Bajaj Financial Demat Account Charges

Bajaj Financial Demat account opening charges and AMC are free. But the customer has to buy a prepaid subscription plan. Bajaj Financial charges a demat debit transaction fee as Rs 30 or 0.0002% of transaction value, whichever is higher.

Bajaj Financial Demat Account Opening Charges

To open a new Demat account with Bajaj Financial, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

Bajaj Financial Demat Charges

Bajaj Financial trading and demat account opening charges are Rs 0 (Free). Bajaj Financial charges Rs 199 (Free for 1st year) per year demat account AMC. Bajaj Financial demat debit transaction charge of Rs Rs 30 per ISIN per debit transaction.

1. 1. What are Bajaj Finserv Demat account Fees?

   Bajaj Finserv Charges

   Transaction	Charges
   Account Opening Fee	Rs 0
   AMC	Rs 0
   Subscription Fee	Rs 431 or Rs 2500 or Rs 9999 per year
   Debit Transaction Fee	Rs 30 or 0.0002% of transaction value, whichever is higher
   Pledge / Unpledge / Closure /Invocation Charges	Rs 35
   Equity Delivery Brokerage	0.10% or Rs 10 or Rs 5 per trade
   Intraday and F&O Brokerage	Rs 17 or Rs 10 or Rs 5 per trade

    

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2. 2. How to login into Bajaj Finserv Demat account?

   You can access your Bajaj Finserv Demat account using the BFSLTrade mobile app or website.

   By just adding three details you can log in to your Demat account:

   • User ID
   • Password
   • PAN Number or Date of Birth

    

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3. 3. What are Bajaj Finserv AMC Charges?

   Bajaj Finserv Demat AMC charges is Rs 0 (free). But customer has to buy a prepaid subscription plan to trade with them. These plans cost from Rs 431 or Rs 2500 or Rs 9999 per year.

    

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4. 4. What are the Bajaj Finserv Demat account and trading account?

   Bajaj Financial Securities Limited offers a 2-in1 account that allows its customers to trade and invest in the stock market. This account can be opened online in just 10 minutes.

   Steps to open Bajaj Finserv Demat & Trading Account

   1. Visit the Bajaj Finserv website or Mobile App.
   2. Enter your name and mobile number.
   3. Verify the mobile number by entering the OTP received on the mobile number.
   4. Fill in the personal details like nationality, marital status, occupation, gender, income range, etc.
   5. Enter address details and click on proceed.
   6. Add Bank details like IFSC code, account number and type of account.
   7. Select the Annual subscription plan. Click on Proceed.
   8. Upload documents like PAN cards, photographs, and Signature images (on white paper).
   9. Aadhar card/Passport/Voter ID for address proof and 3-month Salary Slips/6 month Bank Statement/Net Worth Certificate for income proof.
   10. Complete In-Person Verification by uploading a 30-second video of yourself reading the provided script.
   11. Finally, verify the mobile number through OTP in the E-Sign section.
   12. Review & Click on Sign now.
   13. Add your Aadhar Card Number on the NSDL E-Sign page.
   14. Complete the process by entering the OTP received on your Aadhar linked phone number.
   15. The account gets activated once the document verification gets completed at the broker end.

    

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5. 5. How much is Bajaj Finserv Demat account margin?

   Bajaj Finserv offers up to 5x margin in intraday trading. This is the same for all brokers and is prescribed by the exchanges.

   Bajaj finance offers Margin Trading Funding (MTF) for equity delivery trading at an interest rate from 8.5% to 18% based on the prepaid subscription plan selected.

    

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6. 6. How to close the Bajaj Finserv Demat account?

   You can close the BFSL trading or Demat account by sending the physical copy of the account closing form to Bajaj Financial Securities Limited's corporate address.

   BFSL accounts cannot be closed via online requests or through customer care enquiries.

   Steps to close the BFSL account:

   1. Download the closing form from the Bajaj Financial Securities Limited website.
   2. Print and fill in the details like DP ID, reasons for closing, signature, etc.
   3. Send it to the corporate office address of BFSL.

   Note: Make sure that your account doesn't have any pending transactions and that all the dues are cleared.

    

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