Bajaj Finserve Vs INDmoney
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bajaj Finserve Vs INDmoney - Broker Details
| Bajaj Finserve | INDmoney | |
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| Single Margin Facility |
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| Year of Incorporation | 2007 | 2019 |
| Exchanges | NSE, BSE | NSE, BSE and MCX |
| Branches | 294+ | 966 |
| Brokerage | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Bajaj Finserve Vs INDmoney - Account Opening & AMC Charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹199- (2nd Year Onwards) | ₹0 (Free) |
| Trading Account AMC | ₹899- per annum | ₹0 (Free) |
Bajaj Finserve Vs INDmoney - Brokerage charges & Plans
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | N/A | 0.05% or up to ₹20/Per Order |
| Fixed Charges | N/A | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
Bajaj Finserve Vs INDmoney - Other Charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | N/A | |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Bajaj Finserve Vs INDmoney - Transaction Charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Currency Options | N/A | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% | NSE: 0.00195% on total turnover value |
| Equity Intraday | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% | NSE: 0.053% on premium value |
| Commodity | N/A | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | N/A | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE - 0.00325% | BSE- 0.00375% |
Bajaj Finserve Vs INDmoney - Margin (Exposure)
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Bajaj Finserve Vs INDmoney - Features
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Bajaj Finserve Vs INDmoney - Review & Rating
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Bajaj Finserve Vs INDmoney - Request a call back from Broker
| Bajaj Finserve | INDmoney | |
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Bajaj Finserve Vs INDmoney - Investment Options
| Bajaj Finserve | INDmoney | |
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| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Bajaj Finserve Vs INDmoney - Order Type
| Bajaj Finserve | INDmoney | |
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| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Bajaj Finserve Vs INDmoney - Research & Report
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Bajaj Finserve Vs INDmoney - Daily Market Report
| Bajaj Finserve | INDmoney | |
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| Daily Market Reports & News |
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Bajaj Finserve Vs INDmoney - Suitable For Investor
| Bajaj Finserve | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Bajaj Finserve Vs INDmoney - Pros & Cons
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Pros | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Bajaj Finserve Vs INDmoney - Background
| Bajaj Finserve | INDmoney | |
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Bajaj Finserve Vs INDmoney - Compare All Brokers
| Bajaj Finserve | INDmoney | |
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Bajaj Finserve Vs INDmoney - STT/CTT
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Bajaj Finserve Vs INDmoney - Demat transaction charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | ₹250/ per certificate |
Bajaj Finserve Vs INDmoney - GST
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Bajaj Finserve Vs INDmoney - SEBI Charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bajaj Finserve Vs INDmoney - Account Opening & AMC Charges
Bajaj Finserve
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
₹0 (Free)
Trading Account AMC
₹899- per annum
₹0 (Free)
Bajaj Finserve Vs INDmoney
| Bajaj Finserve | INDmoney | |
|---|---|---|
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Bajaj Finserve Vs INDmoney - Brokerage charges & Plans
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | 0.05% or up to ₹20/Per Order |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Commodity Options | N/A | N/A |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Currency Options | N/A | 0.05% or up to ₹20/Per Order |
| Fixed Charges | N/A | 0.05% or up to ₹20/Per Order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Call Back Open Account |
Bajaj Finserve Vs INDmoney - Margin (Exposure)
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Bajaj Finserve Vs INDmoney - Other Charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50 per position |
| API Charges | N/A | |
| Call & Trade Charges | ₹20/ Order | ₹50 per position |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹20/ Order | 0.05% or up to ₹20/Per Order |
Bajaj Finserve Vs INDmoney - STT/CTT
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Bajaj Finserve Vs INDmoney - Demat transaction charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | ₹250/ per certificate |
Bajaj Finserve Vs INDmoney - GST
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% on (Brokerage + Transaction Charge) |
Bajaj Finserve Vs INDmoney - SEBI Charges
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Bajaj Finserve Vs INDmoney - Features
| Bajaj Finserve | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |