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Bajaj Financial Vs Groww (Compare Bajaj Financial and Groww)

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...

Bajaj Financial Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Bajaj Financial Vs Groww

Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.

	Bajaj Financial	Groww
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE	NSE and BSE
Year of Incorporation	2010	2016
Number of Branches	6	0
	Open Bajaj Financial Account

Bajaj Financial Vs Groww Charges & AMC

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

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

Bajaj Financial Vs Groww Brokerage

Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.

Account Type	Bajaj Financial Freedom Plan	Groww Standard Plan
Fixed Charges	Rs 431 per year	NA
Equity Delivery	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 20 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 20 per order	Rs 20 per executed order
Equity Options	Rs 20 per order	Rs 20 per executed order
Currency Futures		NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA
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!.	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.

Bajaj Financial Vs Groww Brokerage Plan 2

	Bajaj Financial	Groww
Account Type	Professional Pack	Standard Plan
Fixed Charges	Rs 2500 per year	NA
Equity Delivery	Rs 10 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 10 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 10 per order	Rs 20 per executed order
Equity Options	Rs 10 per order	Rs 20 per executed order
Currency Futures		NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA
	Open Bajaj Financial Account

Bajaj Financial Vs Groww Brokerage Plan 3

	Bajaj Financial	Groww
Account Type	Bajaj Privilege Club	Standard Plan
Fixed Charges	Rs 9999 per year	NA
Equity Delivery	Rs 5 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Intraday	Rs 5 per order	Rs 20 per executed order or 0.05% whichever is lower
Equity Futures	Rs 5 per order	Rs 20 per executed order
Equity Options	Rs 5 per order	Rs 20 per executed order
Currency Futures		NA
Currency Options		NA
Commodity Futures		NA
Commodity Options		NA
	Open Bajaj Financial Account

Bajaj Financial Charges Vs Groww

Minimum Brokerage	Rs 5 per executed order	Rs 20 or 0.05% per executed order
Other Charges	RMS Auto-Square off: Rs 20 per order	Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	Rs 20 per trade	NA

Bajaj Financial Vs Groww 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 Groww exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium).

	Bajaj Financial	Groww
Equity Delivery	NSE Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 200 per Cr (0.002%) \| BSE Rs 5000 per Cr (0.05%)	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5300 per Cr (0.053%) \| BSE Rs 5000 per Cr (0.05%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)
Currency Futures
Currency Options	(on premium)	(on premium)
Commodity		NA
	Open Bajaj Financial Account

Bajaj Financial Vs Groww Leverage (Margin)

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

	Bajaj Financial	Groww
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 Account

Compare Bajaj Financial and Groww Features

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

	Bajaj Financial	Groww
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)	Groww
Intraday Square-off Time	3:15 PM	3:10 PM
Trading In SME Shares Allowed?
Referral Program
Other Features
	Open Bajaj Financial Account

Bajaj Financial Vs Groww Review

Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas Groww is rated 3.8 of 5 based on 101 customer reviews.

	Bajaj Financial	Groww
	15 Customer Reviews	101 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews	Groww is rated 3.8 of 5 based on 101 customer reviews

Contact Broker / Request A Call Back

	Bajaj Financial Enquire	Groww 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!.	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.

Bajaj Financial Vs Groww Investment Options

	Bajaj Financial	Groww
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Digital Gold, US Stocks, Fixed Deposits

Bajaj Financial Vs Groww Order Type Offered

	Bajaj Financial	Groww
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Bajaj Financial Account

Bajaj Financial Vs Groww Research Report

	Bajaj Financial	Groww
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Bajaj Financial Vs Groww Suitable For Investor Type

	Bajaj Financial	Groww
Casual Investor
Active Investor
Trader

Bajaj Financial Vs Groww - Pros and Cons

	Bajaj Financial	Groww
Pros		Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.
Cons		Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. Doesn't offer trading in SME shares. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.
Reviews		Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
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.	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
	Open Bajaj Financial Account

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