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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 SBI Securities
SBI Securities Ltd is the stock broking arm of the State Bank Group and a 100% subsidiary of SBI Capital Markets Ltd. SBI Securities is a full-service stock broker. Founded in 2006, the company's services include Institution Equity, Retail Equity, Derivatives, Broking, Depository services and Third Party Distribution products. They also provide online trading services to investors & traders.
SBI Securities portal is the flagship trading platform of the company. It allows both Resident Indians a...
Incorporated in 2010, Bajaj Financial is a Discount Broker. It offers trading at BSE, NSE. It has 6 branches across India. Incorporated in 2001, SBI Securities is a Full Service Broker. It offers trading at BSE, NSE. It has 117 branches across India.
| Bajaj Financial | SBI Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE | BSE, NSE |
| Year of Incorporation | 2010 | 2001 |
| Number of Branches | 6 | 117 |
| Open Bajaj Financial Account |
Bajaj Financial trading account opening charges is Rs 0 (Free) while SBI Securities account opening changes is Rs 0. Bajaj Financial Demat Account AMC Charges is Rs 199 (Free for 1st year) and SBI Securities Demat Account AMC Charges is Rs 0.
| Bajaj Financial | SBI Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 899 per year | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 199 (Free for 1st year) | Rs 0 |
Bajaj Financial brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per order whereas SBI Securities brokerage charges for equity is 0.50% and intraday is Rs 20 per order.
| Account Type | Bajaj Financial Freedom Plan | SBI Securities Suvidha |
|---|---|---|
| Fixed Charges | Rs 431 per year | |
| Equity Delivery | Rs 0 (Free) | 0.50% |
| Equity Intraday | Rs 20 per order | Rs 20 per order |
| Equity Futures | Rs 20 per order | 0.05% |
| Equity Options | Rs 20 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| 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. | 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 Financial | SBI Securities | |
|---|---|---|
| Account Type | Professional Pack | Suvidha |
| Fixed Charges | Rs 2500 per year | |
| Equity Delivery | Rs 0 (Free) | 0.50% |
| Equity Intraday | Rs 10 per order | Rs 20 per order |
| Equity Futures | Rs 10 per order | 0.05% |
| Equity Options | Rs 10 per order | Rs 50 per lot (sell and buy side) |
| Currency Futures | Rs 20 per lot | |
| Currency Options | Rs 20 per lot | |
| Commodity Futures | 0.05% | |
| Commodity Options | Rs 50 (sell and buy side) | |
| Open Bajaj Financial Account |
| Minimum Brokerage | Rs 5 per executed order | Rs 0.05 for Cash, Rs 0.01 Future |
| Other Charges | RMS Auto-Square off: Rs 20 per order | |
| Call & Trade Charges | Rs 20 per trade | Free |
| Open Bajaj Financial Account |
Bajaj Financial margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the SBI Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Bajaj Financial | SBI Securities | |
|---|---|---|
| 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 |
The trading platforms offered Bajaj Financial include BFSLTRADE (Mobile Trading App), Bajajfinservsecurities.in (Website). SBI Securities offers SBI Smart Web, SBI Smart Mobile trading software.
| Bajaj Financial | SBI Securities | |
|---|---|---|
| 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) | SBI Smart Web, SBI Smart Mobile |
| Intraday Square-off Time | 3:15 PM | 2:45 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Bajaj Financial Account |
Bajaj Financial is rated of 5 based on 16 customer reviews whereas SBI Securities is rated of 5 based on 165 customer reviews.
| Bajaj Financial | SBI Securities | |
|---|---|---|
16 Customer Reviews  | 165 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 | SBI Securities is Rated 2.5 / 5 based on 165 customer reviews |
| Bajaj Financial | SBI Securities | |
|---|---|---|
| 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. | 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 Financial | SBI Securities | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Bajaj Financial | SBI Securities | |
|---|---|---|
| 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 |
| Bajaj Financial | SBI Securities | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Bajaj Financial | SBI Securities | |
|---|---|---|
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| 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. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
|
| Open Bajaj Financial Account |
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Bajaj Financial Account
