FREE Equity Delivery and MF
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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...
About SBI Securities
SBICAP Securities Ltd (SSL) is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SSL is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Smart is the flagship trading platform of the company. The portal allows both Resident Indians and N...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
Bajaj Financial | SBI Securities | |
---|---|---|
Type of Broker | Discount Broker | Full Service Broker |
Exchnage Membership | BSE, NSE | BSE, NSE |
Year of Incorporation | 2010 | 2001 |
Number of Branches | 6 | 117 |
Open Bajaj Financial Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 850. Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and SBI Securities Demat Account AMC Charges is Rs 750 (Free for 1st Year).
Bajaj Financial | SBI Securities | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 850 |
Trading Account AMC Charges | Rs 899 per year | |
Demat Account Opening Charges | Rs 0 (Free) | |
Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 750 (Free for 1st Year) |
Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order whereas SBI Securities brokerage charges for equity is 0.50% and intraday is 0.05%.
Account Type | Bajaj Financial Freedom Plan | SBI Securities |
---|---|---|
Fixed Charges | Rs 431 per year | |
Equity Delivery | Rs 20 per order | 0.50% |
Equity Intraday | Rs 20 per order | 0.05% |
Equity Futures | Rs 20 per order | 0.05% |
Equity Options | Rs 20 per order | Rs 100 per lot (sell and buy side) |
Currency Futures | 0.03% | |
Currency Options | Rs 30 per lot | |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
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!. |
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Bajaj Financial | SBI Securities | |
---|---|---|
Account Type | Professional Pack | |
Fixed Charges | Rs 2500 per year | |
Equity Delivery | Rs 10 per order | 0.50% |
Equity Intraday | Rs 10 per order | 0.05% |
Equity Futures | Rs 10 per order | 0.05% |
Equity Options | Rs 10 per order | Rs 100 per lot (sell and buy side) |
Currency Futures | 0.03% | |
Currency Options | Rs 30 per lot | |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
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Bajaj Financial | SBI Securities | |
---|---|---|
Account Type | Bajaj Privilege Club | |
Fixed Charges | Rs 9999 per year | |
Equity Delivery | Rs 5 per order | 0.50% |
Equity Intraday | Rs 5 per order | 0.05% |
Equity Futures | Rs 5 per order | 0.05% |
Equity Options | Rs 5 per order | Rs 100 per lot (sell and buy side) |
Currency Futures | 0.03% | |
Currency Options | Rs 30 per lot | |
Commodity Futures | 0.05% | |
Commodity Options | Rs 100 (sell and buy side) | |
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Minimum Brokerage | Rs 5 per executed order | Rs 0.05 for Cash, Rs 0.01 Future |
Other Charges | RMS Auto-Square off: Rs 20 per order | |
Call & Trade Charges | Rs 20 per trade | Rs 10 per call (after 30 free calls a month) |
Bajaj Financial transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium) while SBI Securities exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium).
Bajaj Financial | SBI Securities | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | NSE Rs 322 per Cr (0.00322%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | NSE Rs 322 per Cr (0.00322%) | 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 3700 per Cr (0.037%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) | |
Currency Options | (on premium) | NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | ||
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Bajaj Financial margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Bajaj Financial | SBI Securities | |
---|---|---|
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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The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). SBI Securities offers SBI Smart Express, SBI Smart Web, SBI Smart Mobile trading software.
Bajaj Financial | SBI Securities | |
---|---|---|
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) | SBI Smart Express, SBI Smart Web, SBI Smart Mobile |
Intraday Square-off Time | 3:15 PM | 2:45 PM |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | ||
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Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews whereas SBI Securities is rated 2.5 of 5 based on 163 customer reviews.
Bajaj Financial Enquire | SBI Securities 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 | SBI Securities | |
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Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt | ||
Other Investment Options |
Bajaj Financial | SBI Securities | |
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Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) | ||
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Bajaj Financial | SBI Securities | |
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Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Bajaj Financial | SBI Securities | |
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Casual Investor | ||
Active Investor | ||
Trader |
Bajaj Financial | SBI Securities | |
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Reviews | ||
Promo / Offers | Bajaj Financial Special OfferRs 0 Account Opening (for a limited time only)
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
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Rs 0 Account Opening Fee
Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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