About Bajaj Broking
Bajaj Broking is the stockbroking arm of the Bajaj Group, a subsidiary of Bajaj Finance Limited, one of the largest NBFCs in India offering online Demat, Trading, and investment platforms. Known for its subscription-based flat brokerage, simple onboarding, and an integrated ecosystem covering Stocks, Mutual Funds, Bonds, F&O, IPOs, and Margin Trading Facility (MTF), it is designed for both new... 
About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Groww Invest Tech Pvt Ltd, which is a SEBI-registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offe...
Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| Bajaj Broking | Groww | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | NSE and BSE |
| Year of Incorporation | 2010 | 2016 |
| Number of Branches | 47 | 0 |
| Open Bajaj Broking Account | Open Groww Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while Groww account opening changes is Rs 0 (Free). Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and Groww Demat Account AMC Charges is Rs 0.
| Bajaj Broking | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 0 |
Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Bajaj Broking Freedom Plan | Groww Standard Plan |
|---|---|---|
| Fixed Charges | Free for 1st year | Rs.431/year thereafter | NA |
| Equity Delivery | Rs.20 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 20 per order | Rs 20 per executed order |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | NA | |
| Currency Options | NA | |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is low | |
| Commodity Options | Rs 20 per executed order or 0.05% whichever is low | |
| Special Offer | Special Offer: Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | Special Offer: Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| Bajaj Broking | Groww | |
|---|---|---|
| Account Type | Professional Pack | Standard Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs.10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | Rs 10 per order | Rs 20 per executed order |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | NA | |
| Currency Options | NA | |
| Commodity Futures | Rs 20 per executed order or 0.05% whichever is low | |
| Commodity Options | Rs 20 per executed order or 0.05% whichever is low | |
| Open Bajaj Broking Account | Open Groww Account |
| Minimum Brokerage | Rs 20 or 0.05% per executed order | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 |
| Call & Trade Charges | Rs 20 per trade | NA |
| Open Bajaj Broking Account | Open Groww Account |
Bajaj Broking margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Broking | Groww | |
|---|---|---|
| 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) |
| Open Bajaj Broking Account | Open Groww Account |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. Groww offers Groww trading software.
| Bajaj Broking | Groww | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform | Groww |
| Intraday Square-off Time | 3:15 PM | 3:10 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Bajaj Broking Account | Open Groww Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas Groww is rated of 5 based on 107 customer reviews.
| Bajaj Broking | Groww | |
|---|---|---|
17 Customer Reviews  | 107 Customer Reviews | |
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| Research Capabilities |  |  |
| Overall Rating | | |
| Broker Rating | Bajaj Broking is Rated 3.1 / 5 based on 17 customer reviews | Groww is Rated 3.8 / 5 based on 107 customer reviews |
| Bajaj Broking | Groww | |
|---|---|---|
| Contact Broker | Open Your Demat & Trading Account in Minutes. Invest in Stocks, IPOs, Mutual Funds & Bonds - All in One App Open FREE Trading Account. | Invest in Stocks and Direct Mutual Funds with zero account opening charges. Enjoy simple, transparent pricing — no hidden fees, no hassles. Open your FREE Demat account on Groww and start investing today. |
| Bajaj Broking | Groww | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Broking | Groww | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Bajaj Broking Account | Open Groww Account |
| Bajaj Broking | Groww | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Broking | Groww | |
|---|---|---|
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. | |
| Promo / Offers | Bajaj Broking Special OfferFreedom Plus Pack (Lifetime AMC Free)
This is a limited-time offer. Simply leave your contact information with us and Bajaj Financial representatives will contact you. | Groww Special OfferInvest in Stocks and Mutual Funds on Groww
Start your investment journey today! |
| Open Bajaj Broking Account | Open Groww Account |
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