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Bajaj Financial Vs SBI Securities (Compare Bajaj Financial and SBI Securities)

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

SBICAP Securities Ltd Logo

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... Know more about SBICAP Securities Ltd

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Bajaj Financial Vs SBI Securities

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
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Bajaj Financial Vs SBI Securities Charges & AMC

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)

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Bajaj Financial Vs SBI Securities Brokerage

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!.

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 SBI Securities Brokerage Plan 2

  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)
Open Bajaj Financial Account

Bajaj Financial Vs SBI Securities Brokerage Plan 3

  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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Bajaj Financial Charges Vs SBI Securities

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)

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Bajaj Financial Vs SBI Securities 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 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 Vs SBI Securities Leverage (Margin)

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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Compare Bajaj Financial and SBI Securities Features

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 No Yes
Charting Yes No
Automated Trading No No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
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? No
Referral Program
Other Features
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Bajaj Financial Vs SBI Securities Review

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 SBI Securities
  15 Customer Reviews    Rate Bajaj Financial 163 Customer Reviews    Rate SBI Securities
Fees 2.7 3.0
Brokerage 3.2 2.7
Trading Platform 2.9 2.6
Customer Service 2.6 2.8
Research Capabilities 2.0 2.4
Overall Ratings Rated 3.1 stars Rated 2.5 stars
Broker Rating Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews SBI Securities is rated 2.5 of 5 based on 163 customer reviews

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Contact Broker / Request A Call Back

  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.

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Bajaj Financial Vs SBI Securities Investment Options

  Bajaj Financial SBI Securities
Stock / Equity Yes Yes
Commodity No No
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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Bajaj Financial Vs SBI Securities Order Type Offered

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

  Bajaj Financial SBI Securities
Daily Market Report No Yes
Free Tips No Yes
Quarterly Result Analysis No Yes
News Alerts No Yes

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Bajaj Financial Vs SBI Securities Suitable For Investor Type

  Bajaj Financial SBI Securities
Casual Investor Yes
Active Investor
Trader Yes

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Bajaj Financial Vs SBI Securities - Pros and Cons

  Bajaj Financial SBI Securities
Pros
  • Offer 3-in-1 account for seamless transactions.
  • Full-service broker offering services online as well as through branches.
  • Wide range of investment options.
  • Free research reports are available.
Cons
  • Installable Trading Terminal (exe) is not available for frequent traders.
  • Good Till Cancelled (GTC) orders are not available.
  • Very high brokerage.
  • Commodity (MCX) trading is not available.
Reviews
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
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