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

HDFC Securities Ltd Logo

About HDFC Securities
Incorporated in 2000, HDFC Securities is one of the leading full-service stock brokers in India. HDFC Securities is a subsidiary of HDFC Bank. The company allows its customers to trade and invest in shares, bonds, futures, options, buybacks, mutual funds, IPOs, currency derivatives, commodities, stock portfolios, etc. HDFC Securities is a SEBI registered broker and a member of BSE, NSE, MCX, CDSL and NSDL. HDFC Securities provides trading services through multiple trading platforms to make cust... Know more about HDFC Securities Ltd

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

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HDFC Securities Vs Bajaj Financial

Incorporated in 2002, HDFC Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 270 branches across India. Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India.

  HDFC Securities Bajaj Financial
Type of Broker Full Service Broker Discount Broker
Exchnage Membership BSE, NSE BSE, NSE
Year of Incorporation 2002 2010
Number of Branches 270 6
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HDFC Securities Vs Bajaj Financial Charges & AMC

HDFC Securities trading account opening charges is Rs 999 while Bajaj Financial account opening changes is Rs 0 (Free). HDFC Securities Demat Account AMC Charges is Rs 750 and Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year).

  HDFC Securities Bajaj Financial
Trading Account Opening Charges Rs 999 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 899 per year
Demat Account Opening Charges Rs 0 Rs 0 (Free)
Demat Account AMC Charges Rs 750 Rs 199 (Free for 1st year)

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HDFC Securities Vs Bajaj Financial Brokerage

HDFC Securities brokerage charges for equity is 0.32% and intraday is 0.032% whereas Bajaj Financial brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.

Account Type HDFC Securities Lite 199 Yearly Subscription Plan Bajaj Financial Freedom Plan
Fixed Charges Rs 199 per year Rs 431 per year
Equity Delivery 0.32% Rs 20 per order
Equity Intraday 0.032% Rs 20 per order
Equity Futures Rs 20 per trade Rs 20 per order
Equity Options Rs 20 per trade Rs 20 per order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
Special Offer

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.

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!.

HDFC Securities Vs Bajaj Financial Brokerage Plan 2

  HDFC Securities Bajaj Financial
Account Type Alpha 1,999 Professional Pack
Fixed Charges Rs 1999 per year Rs 2500 per year
Equity Delivery 0.18% Rs 10 per order
Equity Intraday 0.018% Rs 10 per order
Equity Futures Rs 20 per trade Rs 10 per order
Equity Options Rs 20 per trade Rs 10 per order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
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HDFC Securities Vs Bajaj Financial Brokerage Plan 3

  HDFC Securities Bajaj Financial
Account Type Alpha 4999 Yearly Subscription Plan Bajaj Privilege Club
Fixed Charges Rs 4,999 per year Rs 9999 per year
Equity Delivery 0.10% Rs 5 per order
Equity Intraday 0.010% Rs 5 per order
Equity Futures Rs 20 per trade Rs 5 per order
Equity Options Rs 20 per trade Rs 5 per order
Currency Futures
Currency Options
Commodity Futures
Commodity Options
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HDFC Securities Charges Vs Bajaj Financial

Minimum Brokerage Rs. 25 per order on equity segment Rs 5 per executed order
Other Charges RMS Auto-Square off: Rs 20 per order
Call & Trade Charges Rs 0 Rs 20 per trade

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HDFC Securities Vs Bajaj Financial Transaction Charges

HDFC Securities transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) while Bajaj Financial exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium).

  HDFC Securities Bajaj Financial
Equity Delivery NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE Rs 325 per Cr (0.00325%)
Equity Intraday NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE Rs 325 per Cr (0.00325%)
Equity Futures NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 NSE Rs 200 per Cr (0.002%) | BSE Rs 5000 per Cr (0.05%)
Equity Options NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) NSE Rs 5300 per Cr (0.053%) | BSE Rs 5000 per Cr (0.05%) (on premium)
Currency Futures NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%)
Currency Options NSE Rs 4000 per Cr (0.04%) | BSE Rs 100 per Cr (0.001%) (on premium) (on premium)
Commodity NA
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HDFC Securities Vs Bajaj Financial Leverage (Margin)

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

  HDFC Securities Bajaj Financial
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 HDFC Securities and Bajaj Financial Features

The trading platforms offered HDFC Securities include ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify. Bajaj Financial offers BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) trading software.

  HDFC Securities Bajaj Financial
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No No
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform ProTerminal, Blink, smallcase, Voice Enabled Investing, Mobile Trading App, Digify BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website)
Intraday Square-off Time 3:30 PM 3:15 PM
Trading In SME Shares Allowed? No
Referral Program
Other Features E-Margin, ENCASH,
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HDFC Securities Vs Bajaj Financial Review

HDFC Securities is rated 2.1 of 5 based on 231 customer reviews whereas Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews.

  HDFC Securities Bajaj Financial
  231 Customer Reviews    Rate HDFC Securities 15 Customer Reviews    Rate Bajaj Financial
Fees 2.1 2.7
Brokerage 1.8 3.2
Trading Platform 2.8 2.9
Customer Service 2.5 2.6
Research Capabilities 2.6 2.0
Overall Ratings Rated 2.1 stars Rated 3.1 stars
Broker Rating HDFC Securities is rated 2.1 of 5 based on 231 customer reviews Bajaj Financial is rated 3.1 of 5 based on 15 customer reviews

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Contact Broker / Request A Call Back

  HDFC Securities Enquire Bajaj Financial Enquire
Contact Broker 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. 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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HDFC Securities Vs Bajaj Financial Investment Options

  HDFC Securities Bajaj Financial
Stock / Equity Yes Yes
Commodity Yes No
Currency Yes No
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Insurance, FD, NCD, Bond, NPS, Loan, NRI Trading

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HDFC Securities Vs Bajaj Financial Order Type Offered

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

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

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HDFC Securities Vs Bajaj Financial Suitable For Investor Type

  HDFC Securities Bajaj Financial
Casual Investor Yes
Active Investor
Trader Yes

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HDFC Securities Vs Bajaj Financial - Pros and Cons

  HDFC Securities Bajaj Financial
Pros
  • The 3-in-1 account, which includes HDFC Bank Account, HDFC Securities Trading Account and HDFC Securities Demat Account, is the best offering for retail investors in India as it provides easiest way to invest in stock market and other financial instruments.
Cons
  • In addition to opening a trading account with HDFC Securities Ltd, you will also be required to open a savings bank account (quarterly minimum balance of Rs 5000) and a DP (depository participant) account with HDFC Bank.
  • Very high brokerage charges
  • Charge minimum brokerage of Rs 25
Reviews
Promo / Offers

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.

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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.

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