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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... 
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 Advisor. It is also a depository participant with CDSL and a member of both the NSE and BSE.
Initially foc...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 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 Financial | Paytm Money | |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchnage Membership | BSE, NSE | NSE and BSE |
| Year of Incorporation | 2010 | 2017 |
| Number of Branches | 6 | 1 |
| Open Bajaj Financial Account | Open Paytm Money Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while Paytm Money account opening changes is Rs 0 (Free). Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and Paytm Money Demat Account AMC Charges is Rs 0 (Free) Lifetime Free.
| Bajaj Financial | Paytm Money | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 899 per year | Rs 0 (Free) (Annual Platform Fees) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 0 (Free) Lifetime Free |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) 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 Financial Freedom Plan | Paytm Money Standard Plan |
|---|---|---|
| Fixed Charges | Rs 431 per year | NA |
| Equity Delivery | Rs 0 (Free) | 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: Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | Special Offer: Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer  |
| Bajaj Financial | Paytm Money | |
|---|---|---|
| Account Type | Professional Pack | Standard Plan |
| Fixed Charges | Rs 2500 per year | NA |
| Equity Delivery | Rs 0 (Free) | 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 Financial Account | Open Paytm Money Account |
| Minimum Brokerage | Rs 5 per executed order | 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 Financial Account | Open Paytm Money Account |
Bajaj Financial 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 Financial | 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 Financial Account | Open Paytm Money Account |
The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). Paytm Money offers Paytm Money mobile app, Paytm Money website trading software.
| Bajaj Financial | Paytm Money | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading | | |
| Margin Trading Funding |  | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website) | 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 Financial Account | Open Paytm Money Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas Paytm Money is rated of 5 based on 53 customer reviews.
| Bajaj Financial | Paytm Money | |
|---|---|---|
16 Customer Reviews  | 53 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service |  |  |
| Research Capabilities |  | |
| Overall Rating |  | |
| Broker Rating | Bajaj Financial is Rated 3.0 / 5 based on 16 customer reviews | Paytm Money is Rated 3.2 / 5 based on 53 customer reviews |
| Bajaj Financial | Paytm Money | |
|---|---|---|
| Contact Broker | Freedom Pack - Free Account Opening + Brokerage Free Equity Delivery + Flat Rs 20 Per Trade Brokerage for Intraday & F&O Open FREE Trading Account. | Pay ₹0 brokerage for first 15 days and flat ₹20 per trade brokerage for delivery, intra-day and F&O trades thereafter. Get the offer |
| Bajaj Financial | Paytm Money | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Financial | 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 Financial Account | Open Paytm Money Account |
| Bajaj Financial | Paytm Money | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Financial | 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 Financial 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. | Paytm Money Special OfferPay Rs 0 brokerage for first 15 days
This is a limited-time offer. Open Instant Paytm Account online and start trading today. |
| Open Bajaj Financial Account | Open Paytm Money Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Bajaj Financial Account
