INDmoney Vs Bajaj Finserve
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
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 Vs Bajaj Finserve - Broker Details
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2007 |
| Exchanges | NSE, BSE and MCX | NSE, BSE |
| Branches | 966 | 294+ |
| Brokerage | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Broker Type | Discount Broker | Full Service Broker |
INDmoney Vs Bajaj Finserve - Account Opening & AMC Charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹199- (2nd Year Onwards) |
| Trading Account AMC | ₹0 (Free) | ₹899- per annum |
INDmoney Vs Bajaj Finserve - Brokerage charges & Plans
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | 0.05% or up to ₹20/Per Order | N/A |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | N/A | N/A |
| Equity Futures | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | N/A |
| Fixed Charges | 0.05% or up to ₹20/Per Order | N/A |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
INDmoney Vs Bajaj Finserve - Other Charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/ Order |
| API Charges | N/A | |
| Call & Trade Charges | ₹50 per position | ₹20/ Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Bajaj Finserve - Transaction Charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | 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 - 0.00325% | BSE- 0.00375% | 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 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 | N/A |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | N/A |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
INDmoney Vs Bajaj Finserve - Margin (Exposure)
| INDmoney | Bajaj Finserve | |
|---|---|---|
| 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 (no margin) | 1x (100% of trade value) |
| 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) |
INDmoney Vs Bajaj Finserve - Features
| INDmoney | 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 Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 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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INDmoney Vs Bajaj Finserve - Review & Rating
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account |
INDmoney Vs Bajaj Finserve - Request a call back from Broker
| INDmoney | Bajaj Finserve | |
|---|---|---|
INDmoney Vs Bajaj Finserve - Investment Options
| INDmoney | Bajaj Finserve | |
|---|---|---|
| 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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INDmoney Vs Bajaj Finserve - Order Type
| INDmoney | 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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INDmoney Vs Bajaj Finserve - Research & Report
| INDmoney | 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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INDmoney Vs Bajaj Finserve - Daily Market Report
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Bajaj Finserve - Suitable For Investor
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Bajaj Finserve - Pros & Cons
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Pros | 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. | 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.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. | 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. |
INDmoney Vs Bajaj Finserve - Background
| INDmoney | Bajaj Finserve | |
|---|---|---|
INDmoney Vs Bajaj Finserve - Compare All Brokers
| INDmoney | Bajaj Finserve | |
|---|---|---|
INDmoney Vs Bajaj Finserve - STT/CTT
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only 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% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Bajaj Finserve - Demat transaction charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹30 + GST per scrip only on sell |
INDmoney Vs Bajaj Finserve - GST
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + CM Charges) |
INDmoney Vs Bajaj Finserve - SEBI Charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Bajaj Finserve - Account Opening & AMC Charges
INDmoney
Bajaj Finserve
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹199- (2nd Year Onwards)
Trading Account AMC
₹0 (Free)
₹899- per annum
INDmoney Vs Bajaj Finserve
| INDmoney | Bajaj Finserve | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
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.
INDmoney Vs Bajaj Finserve - Brokerage charges & Plans
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | 0.05% or up to ₹20/Per Order | N/A |
| Equity Delivery | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | N/A | N/A |
| Equity Futures | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | 0.05% or up to ₹20/Per Order | N/A |
| Fixed Charges | 0.05% or up to ₹20/Per Order | N/A |
| Equity Intraday | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Call Back Open Account |
INDmoney Vs Bajaj Finserve - Margin (Exposure)
| INDmoney | Bajaj Finserve | |
|---|---|---|
| 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 (no margin) | 1x (100% of trade value) |
| 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) |
INDmoney Vs Bajaj Finserve - Other Charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/ Order |
| API Charges | N/A | |
| Call & Trade Charges | ₹50 per position | ₹20/ Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20/ Order |
INDmoney Vs Bajaj Finserve - STT/CTT
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only 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% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Bajaj Finserve - Demat transaction charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹30 + GST per scrip only on sell |
INDmoney Vs Bajaj Finserve - GST
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge + CM Charges) |
INDmoney Vs Bajaj Finserve - SEBI Charges
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Bajaj Finserve - Features
| INDmoney | Bajaj Finserve | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
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| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
|
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| Charting |
|
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 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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