Saturday, November 26, 2022

Bajaj Finserv

Bajaj Finserv is a subsidiary of Bajaj Finance Limited. Which is a well known NBFC of India. Bajaj Finserv Securities provides an option to invest in stocks, mutual funds, etc.

Product Basket

The segments in which you can invest through this broker

 Equity

Options

 Currency

Futures

 Commodity     

Trading Platforms

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, Full Platform Details.

Bajaj Finserv Securities Web Portal

Bajaj Financial Securities App

 

Charges

Account Opening Charges – ₹431

Account Maintenance Charges – Free

Call and Trade – ₹20

Brokerage Charges

Equity Delivery  – 0.10%

Equity Intraday – ₹17

Equity Futures – ₹17

Equity Options – ₹17

Currency Futures – N/A

Currency Options – N/A

Commodity Futures – N/A

Commodity Options – N/A

Margins

Equity Delivery  – 4x

Equity Intraday – 4x

Equity Futures – 3.5x

Equity Options – 3.5x

Currency Futures – N/A

Currency Options – N/A

Commodity Futures – N/A

Commodity Options – N/A

Pros

  • Single platform provided for all the investment Options
  • Compare to very less brokerage charges foe Intraday and Equity in Professional Plan
  • Real time news and Updates
  • Bajaj Finserv Provides loan against the pledged Securities

Cons

  • Bajaj Finserv Provides only regular plans for securities.
  • Free equity delivery is not provided
  • Currency and Commodity trading is not available
  • Does not provide research reports and trading calls

Additional Features

Extra features provided by the broker at little or no extra cost.

3 in 1 Account

 Free Trading Call

 Fee Research Report

SMS Alerts

 Margin Funding

Margin Against Share

More Investment Options

Services provided by the broker for investing in other financial assets.

 Mutual Funds

 IPO

 Bond and Debt Assets

ETFs

Insurance