Elite Wealth Vs Bajaj Finserve
Elite Wealth
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.
Elite Wealth Vs Bajaj Finserve - Broker Details
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1990 | 2007 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE |
| Branches | N/A | 294+ |
| Brokerage | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Broker Type | Full Service Broker | Full Service Broker |
Elite Wealth Vs Bajaj Finserve - Account Opening & AMC Charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method | ₹199- (2nd Year Onwards) |
| Trading Account AMC | ₹0 (Free) | ₹899- per annum |
Elite Wealth Vs Bajaj Finserve - Brokerage charges & Plans
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | N/A |
| Equity Delivery | 0.33% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | ₹33 per Lot | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | ₹33 per Lot | N/A |
| Fixed Charges | 0.03% | N/A |
| Equity Intraday | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Elite Wealth Vs Bajaj Finserve - Other Charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Elite Wealth Vs Bajaj Finserve - Transaction Charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Currency Options | NSE: Exchange turnover charge: 0.04% | Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% |Clearing charge: 0.025% | N/A |
| Equity Futures | NSE: 0.00195% on Total Turnover value | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% |
| Equity Intraday | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group | Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
| Equity Options | NSE: 0.053% on Premium value | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% |
| Commodity | 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 Followers Scrip: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | N/A |
| Currency Futures | NSE: Exchange turnover charge: 0.0009% |Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% |Clearing charge: 0.0004% | N/A |
| Equity Delivery | NSE: 0.00335% on Turnover Value (Buy & Sell) | NSE .00275% on Turnover Value (Buy & Sell) | BSE: Charges vary as per The Scrip Group Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
Elite Wealth Vs Bajaj Finserve - Margin (Exposure)
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Bajaj Finserve - Features
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| 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 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Elite Wealth Vs Bajaj Finserve - Review & Rating
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
Elite Wealth Vs Bajaj Finserve - Request a call back from Broker
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
Elite Wealth Vs Bajaj Finserve - Investment Options
| Elite Wealth | Bajaj Finserve | |
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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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Elite Wealth Vs Bajaj Finserve - Order Type
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| 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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Elite Wealth Vs Bajaj Finserve - Research & Report
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| 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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Elite Wealth Vs Bajaj Finserve - Daily Market Report
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Daily Market Reports & News |
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Elite Wealth Vs Bajaj Finserve - Suitable For Investor
| Elite Wealth | Bajaj Finserve | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Elite Wealth Vs Bajaj Finserve - Pros & Cons
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Pros | 1. It is a full-service broker 2. It provides equity and Mutual Fund research and recommendation services to all its customers. 3. Excellent Research 4. Call n Trade Facility 5. It facilitates its customers with a RM (Relationship Manager). 6. It offers Upcoming IPO updates 7. Online access to the account on all days | 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. |
| Cons | 1. Brokerage charges are high as compared to the discount brokers. 2. It does not provide three-in-one account and does not have banking license. 3. Risk of Overtrading. | 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. |
Elite Wealth Vs Bajaj Finserve - Background
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
Elite Wealth Vs Bajaj Finserve - Compare All Brokers
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
Elite Wealth Vs Bajaj Finserve - STT/CTT
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Bajaj Finserve - Demat transaction charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹30 + GST per scrip only on sell |
Elite Wealth Vs Bajaj Finserve - GST
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + CM Charges) |
Elite Wealth Vs Bajaj Finserve - SEBI Charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Bajaj Finserve - Account Opening & AMC Charges
Elite Wealth
Bajaj Finserve
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
First Year Free then Rs. 399 + GST per Year (Online method) or Rs. 599 + GST One Time Charges for Lifetime (Online method
₹199- (2nd Year Onwards)
Trading Account AMC
₹0 (Free)
₹899- per annum
Elite Wealth Vs Bajaj Finserve
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
Elite Wealth Review | Products and Trading Platforms |
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 .. |
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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.
Elite Wealth Vs Bajaj Finserve - Brokerage charges & Plans
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | N/A |
| Equity Delivery | 0.33% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | ₹33 per Lot | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | 0.03% | N/A |
| Equity Futures | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | ₹33 per Lot | N/A |
| Fixed Charges | 0.03% | N/A |
| Equity Intraday | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Call Back Open Account |
Elite Wealth Vs Bajaj Finserve - Margin (Exposure)
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity Options | 1x (100% of Normal 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 Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of Normal margin (Span + exposure)) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of Normal margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure) |
Elite Wealth Vs Bajaj Finserve - Other Charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹20/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹0 (Free) | ₹20/ Order |
| Other Brokerage Charges | 0.03% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | 0.03% | ₹20/ Order |
Elite Wealth Vs Bajaj Finserve - STT/CTT
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.01% on Sell Side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on Sell | 0.025% on the Sell Side |
| Equity Options | 0.05% on Sell (on Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & Sell | 0.1% on buy & sell |
| Equity Futures | 0.01 % on Sell | 0.01% on Sell Side |
| Commodity Options | 0.05% on Sell Side | 0.05% on sell side |
Elite Wealth Vs Bajaj Finserve - Demat transaction charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | No Charges | ₹30 + GST per scrip only on sell |
Elite Wealth Vs Bajaj Finserve - GST
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + CM Charges) |
Elite Wealth Vs Bajaj Finserve - SEBI Charges
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Elite Wealth Vs Bajaj Finserve - Features
| Elite Wealth | Bajaj Finserve | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency 4:45 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
| Trading Platform | 1. Elite Empower Mobile App, 2. Elite Enhance Desktop Software, 3. Elite Kuber Mutual Fund App, 4. Elite Web Online Platform | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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