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 Paytm Money
Established in 2017, Paytm Money is a prominent Indian wealth management platform that leverages technology to streamline investment processes. It facilitates investments across a broad spectrum of assets, including equities, F&O, mutual funds, SIPs, IPOs, NPS, and debt instruments, offering a user-friendly experience.
Paytm Money operates as a SEBI-registered stockbroker and Investment Adviso... ![]()
Incorporated in 2010, Bajaj Broking is a Discount Broker. It offers trading at BSE, NSE. It has 47 branches across India. Incorporated in 2017, Paytm Money is a Discount Broker. It offers trading at NSE and BSE. It has 1 branches across India.
| Bajaj Broking | Paytm Money | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | NSE and BSE |
| Year of Incorporation | 2010 | 2017 |
| Number of Branches | 47 | 1 |
| Open Bajaj Broking Account |
Bajaj Broking trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 0 (Free). Bajaj Broking Demat Account AMC Charges is Rs 0 (Free) and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.
| Bajaj Broking | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) (Annual Platform Fees) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) Lifetime Free |
Bajaj Broking brokerage charges for equity is Rs.20 per order and intraday is Rs 20 per order whereas Paytm Money brokerage charges for equity is Rs 20 per executed order or 2.5% whichever is low and intraday is Rs 20 per executed order or 0.05% whichever is low.
| Account Type | Bajaj Broking Freedom Plan | Paytm Money 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 2.5% whichever is low |
| Equity Intraday | Rs 20 per order | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 20 per order | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 20 per order | Rs 20 per executed order |
| Currency Futures | ||
| Currency Options | ||
| Commodity Futures | ||
| Commodity Options | ||
| 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. | 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 Broking | Paytm Money | |
|---|---|---|
| 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 2.5% whichever is low |
| Equity Intraday | Rs 10 per order | Rs 20 per executed order or 0.05% whichever is low |
| Equity Futures | Rs 10 per order | Rs 20 per executed order or 0.01% whichever is low |
| Equity Options | Rs 10 per order | Rs 20 per executed order |
| Currency Futures | ||
| Currency Options | ||
| Commodity Futures | ||
| Commodity Options | ||
| Open Bajaj Broking Account |
| Minimum Brokerage | Rs 20 | |
| Other Charges | RMS Auto-Square off: Rs 20 per order | Rs 50 + GST system auto square off; Physical Statements - Rs 300 per request + Rs 300 per Courier |
| Call & Trade Charges | Rs 20 per trade | Rs 100 |
| Open Bajaj Broking Account |
Bajaj Broking margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Paytm Money margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Broking | Paytm Money | |
|---|---|---|
| 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 |
The trading platforms offered Bajaj Broking include Mobile Trading App, Trading Web, API Trading, and the TWS desktop platform. Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Bajaj Broking | Paytm Money | |
|---|---|---|
| 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 | Paytm Money mobile app, Paytm Money website |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | ![]() | ![]() |
| Referral Program | ![]() | ![]() |
| Other Features | ||
| Open Bajaj Broking Account |
Bajaj Broking is rated of 5 based on 17 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.
| Bajaj Broking | Paytm Money | |
|---|---|---|
| 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 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 Broking | Paytm Money | |
|---|---|---|
| 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 |
| Bajaj Broking | Paytm Money | |
|---|---|---|
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| Reviews | Paytm Money Limited, commonly known as Paytm Money, is a Bengaluru-based online discount broker incorporated in 2017 offering trading and investment services for an entire range of financial products like Equity, Derivatives, Direct Mutual Funds, Digital gold, NPS retirement funds, and IPO. The company also provides investment advisory services by way of offering investment packs for mutual fund investments. The company claims to be a leader and pioneer in low-cost trading. Paytm Money follows a flat fee model. The maximum brokerage charged by the broker is Rs 15 per trade. Paytm Money offers free Equity Delivery trading. Paytm Money is a member of NSE and BSE and has a depository membership with CDSL. Paytm Money charges Rs 200 towards account opening and zero annual maintenance charges for the Demat account. The company offers an online trading platform - Paytm Money on Android, iOS, and website. | |
| 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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Bajaj Broking Account |