Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
12.4% 37,095 Clients
Bajaj Financial Account Opening Enquiry
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!.
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 (mobile app) and Trade Online (web platform) that gives you various opportunities to grow/earn profits and makes your trading journey effortless.
The company also offers Margin Trade Financing, which allows you to enhance/improve your trading limitations. BSFL offers Margin Trading Funding for bonds, stocks, and shares.
BFSL charges low brokerage through its multiple subscription plans like Freedom Plan, Professional Plan and Bajaj Privilege Club Plan, the top premium plan has the lowest brokerage charges i.e. Rs 5 for all the segments under Bajaj Privilege Club Plan.
What makes Bajaj Financial different from the competition?
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you.
The company offers multiple brokerage and subscription plans for trading purposes. BFSL also offers the lowest brokerage and margin interest charges. Following are the charges and plans offered by BFSL:
BFSL Freedom Plan offers trading at Flat Rs 20 per trade for Equity Delivery, Intraday and F&O transactions. BFSL allows you to trade at BSE and NSE.
| Segment | Brokerage |
|---|---|
Subscription Fee |
Rs 431 per year (Free for 1st year) |
Equity Delivery |
Rs 20 per trade |
Equity Intraday |
Rs 20 per trade |
Equity Future |
Rs 20 per trade |
Equity Options |
Rs 20 per trade |
BFSL charges Flat Rs 10 per trade through its Professional Pack for Equity Delivery, Intraday and F&O transactions.
| Segment | Brokerage |
|---|---|
Subscription Fee |
Rs 2500 per year |
Equity Delivery |
Rs 10 per trade |
Equity Intraday |
Rs 10 per trade |
Equity Future |
Rs 10 per trade |
Equity Options |
Rs 10 per trade |
BFSL brokerage charges are Rs 5 per trade under its Bajaj Privilege Club Pack for Equity Delivery, Intraday and F&O transactions.
| Segment | Brokerage |
|---|---|
Subscription fee |
Rs 9,999 per year |
Equity Delivery |
Rs 5 per trade |
Equity Intraday |
Rs 5 per trade |
Equity Future |
Rs 5 per trade |
Equity Options |
Rs 5 per trade |
Note:
Visit Bajaj Financial Brokerage Charges Review for more detail.
Bajaj Financial account opening is an instant, paperless, secure, and seamless online account opening facility. You can open an account in just 10 mins from the BFSLTrade app or through the web platform of BFSL.
BFSL allows you to open a free account through its Freedom Plan, with zero subscription charges for the first year and Rs 431 from the second year onwards.
Bajaj Financial has two online trading platforms and a call & trade facility.
BFSLTrade is a safe and secure mobile app that gives you a smooth trading experience, available free of cost to trade anytime, anywhere at your fingertips.
BFSLTrade App is available for both android and iPhone users offering special features like a modern user-friendly interface, live price updates, easy watchlists, secure payment options, smart charts, quick IPO apply option, etc.
The website of Bajaj Financial allows its customers to trade online in Equity, Derivative and Mutual Funds. This website can be accessed from a mobile phone or a computer that has a web browser installed.
Bajaj Financial also allows its customers to place an order via phone call at an extra charge of Rs 20 + GST per executed order.
Visit Bajaj Financial Trading Software Review for more detail.
Bajaj Financial Account Opening Enquiry
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!.
The following are the advantages of Bajaj Financial. You must read Bajaj Financial advantages and disadvantages before opening an account with Bajaj Financial. Bajaj Financial pros and cons help you find if it suits your investment needs.
The following are the cons of Bajaj Financial. Check the list of Bajaj Financial drawbacks.
Bajaj Financial margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Bajaj Financial F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Bajaj Financial F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
| Overall Rating |  3.1/5 |
| Fees |  2.7/5 |
| Brokerage |  3.2/5 |
| Usability |  2.9/5 |
| Customer Service |  2.6/5 |
| Research Capabilities |  2.0/5 |
Based on 15 Votes by Bajaj Financial Customers
Do you trade with Bajaj Financial? Rate Bajaj Financial
The number of Bajaj Financial customer complaint received by the exchanges. The Bajaj Financial consumer complaint report helps understanding the Bajaj Financial Securities Ltd quality and relibility of service.
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
|---|---|---|---|---|
| NSE | 2024-25 | 37,095 | 9 | 0.02% |
| NSE | 2023-24 | 33,002 | 23 | 0.07% |
| BSE | 2023-24 | 9,567 | 6 | 0.06% |
| NSE | 2022-23 | 54,072 | 26 | 0.05% |
| BSE | 2022-23 | 6,595 | 1 | 0.02% |
| NSE | 2021-22 | 75,038 | 3 | 0% |
| BSE | 2021-22 | 2,829 | 1 | 0.04% |
| BSE | 2020-21 | 99 | 1 | 1.01% |
| NSE | 2019-20 | 530 | 1 | 0.19% |
* The number of active customers reported by the broker.
** The total number of complaints received against the broker at the given exchange.
Visit Bajaj Financial Complaints at BSE, NSE and MCX for detail report.
Bajaj Financial offers a Margin Trading Facility that allows investors to increase their buying power by paying a small amount of total value. The company charges an interest rate on the amount funded under this facility. Traders can keep MTF trade positions open for up to 365 days using BFSL. The interest rate charge on MTF varies by the brokerage plan you choose.
| Plans | Margin Interest (%) |
|---|---|
|
Freedom Plan |
18% |
|
Professional Plan |
12% |
|
Bajaj Privilege Club |
8.5% |
Note:
Let's take an example of how to calculate the due amount which is to be paid for margin trading. If you use the MTF for 24 days, the cost will be multiplied by 24/365 to get the due amount.
Bajaj Financial Securities Limited or BFSL (a subsidiary of Bajaj Finserv) is a stock broker. BFSL is a SEBI registered broker offering services including online investment in Stocks, Mutual Funds and IPO.
Bajaj Finserv is a member of the BSE and NSE stock exchanges. It offers depository services (Demat Account) through its membership with CDSL and NSDL.
Bajaj Finserv offers stockbroking services through its subsidiary Bajaj Financial Securities Limited (BFSL). BFSL allows you to invest in IPO, Debt, Shares, and Mutual Funds on BSE and NSE exchanges. The company is a member of NSDL and CDSL.
BFSL's Freedom brokerage plan charges flat Rs 17 per trade brokerage for Equity Intraday and F&O trades and 0.10% for Equity Delivery trades.
Yes, Bajaj Finserv offers Margin Trading Funding (MTF) to increase customer's trading limits. The company charges interest on the loan. The interest varies from 18% per year to 8% per year based on the yearly prepaid subscription plan taken by the customer.
The MTF loan facility increases the buying power for shares by just paying a small amount of total value.
| Plans | Segments | Margin Interest (%) |
|---|---|---|
|
Freedom Plan |
Equity Delivery |
18% |
|
Professional Plan |
Equity Delivery and Intraday |
12% |
|
Bajaj Privilege Club |
Equity Delivery and Intraday |
8.5% |
Are you a Zerodha Customer?
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
Open Instant Account (Start Trading Today)
Open Bajaj Financial Account
Otherwise - Its Trading Platform is Very Good and User Friendly.
Ratings:
Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Average
Customer Service - Below Average
Overall Experience - Average