Bajaj Finserv Brokerage
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Whenever a trader tries to judge a broker, they can’t miss out on the Brokerage plans or charges. Therefore the evaluation of Bajaj Finserv Brokerage before selecting it as your stockbroker is an obvious action.
So, without any further ado, let us see what is Bajaj Finserv charges as the brokerage for various trading segments.
Bajaj Finserv Securities Brokerage Charges
Unlike Bajaj Finserv AMC which is always zero, the Brokerage Charges will vary depending on the subscription plan. As expected, the costlier a subscription plan is, the cheaper the brokerage rates will be.
But before we discuss the subscription plans and their respective brokerage, it’s important to know that Bajaj Finserv also offers a non-subscription plan which differs from the subscription plans on the basis of Brokerage rates.
Bajaj Finserv Securities Brokerage Charges | ||||
Type of Charges | Delivery | Intraday | Futures | Options |
Brokerage | 0.50% | 0.10% | 0.10% | ₹ 100/Lot |
Transaction Charges | NSE - 0.00345% BSE - Charges vary as per scrip | NSE - 0.00345% BSE - Charges vary as per the scrip | NSE - 0.002% BSE - Nil or 0.05% of Traded Value | NSE - 0.053% (on premium) BSE - Nil or 0.05% of Traded Value |
Clearing Member Charges | - | - | NSE & BSE - 0.00025% Physical Delivery - 0.10% | NSE & BSE - 0.00025% Physical Delivery - 0.10% |
STT | INR 100 per Lacs (0.1%) | ₹ 25 per Lacs (0.025%) | ₹ 50 per Lacs (0.05%) Sell Side(on premium) | ₹ 50 per Lacs (0.05%) Sell Side(on premium) |
SEBI Charges | 0.00005% of turnover | 0.00005% of turnover | 0.00005% of turnover | 0.00005% of turnover |
Stamp Duty | As Applicable | As Applicable | As Applicable | As Applicable |
GST | 18% on Brokerage, Transaction Charges | 18% on Brokerage, Transaction Charges | 18% on Brokerage, Transaction Charges | 18% on Brokerage, Transaction Charges |
Bajaj Finserv Brokerage Plans
Bajaj Finserv has come up with three plans, each designed to serve a particular type of trading requirement and expectations.
Bajaj Finserv Brokerage Plans | ||
Freedom Pack | Beginner Pack | Professional Pack |
₹ 431 (First year free) | ₹ 1651 (Yearly) | ₹ 2240 (Yearly) |
As is evident from their names, these plans serve a goal that aligns with the trader who subscribes to them.
How do these plans achieve these goals or objectives, is what we will discuss as we go through the brokerage plan for every trading segment.
Bajaj Finserv Equity Brokerage Charges
In the Equity market, the brokerage charges of Bajaj Finsev remain the same for all segments except for Delivery.
Check out the following sections and the respective tables to understand how the subscription plan will affect this too.
Bajaj Finserv Equity Intraday Brokerage Charges
From the table below, you will notice that only the brokerage rate changes as you move towards more expensive plans, but the rest of the charges like Transaction, SEBI, STT will remain the same for a given segment.
The intraday trading charges in Bajaj Finserv is as high as ₹17 to as low as ₹0.99 per order.
So if you are the one trading actively in the stock market then this is the broker that can provide the best value and the chance to earn profit.
Bajaj Finserv Equity Intraday Brokerage Charges | |||
Type of charges | Freedom Plan | Beginner Plan | Professional Plan |
Brokerage | ₹ 17 per order | ₹ 9 per order | ₹ 0.99 per order |
Bajaj Finserv Equity Delivery Brokerage Charges
As discussed, Bajaj Finserv equity brokerage is different from the other segments.
Here to trade in delivery, the brokerage charges vary according to the plan.
On one hand, where the charges are charged on the basis of turnover value in the Freedom plan it is around ₹0.99 per order in the Beginner and Professional brokerage Plan.
Bajaj Finserv Equity Delivery Brokerage Charges | |||
Type of charges | Freedom Plan | Beginner Plan | Professional Plan |
Brokerage | 0.10% of Turnover | ₹ 0.99 per order | ₹ 0.99 per order |
₹0.99 per order, it means if you are doing the trade of let say ₹1,00,000 you don’t have to worry about the brokerage fees anymore as the broker just imposes the negligible fees of ₹0.99 per order which is the least among different full-service and discount brokers.
Bajaj Finserv Equity Futures Brokerage Charges
Similar to equity intraday, the futures trading charges in Freedom and Beginner plan are ₹17 and ₹9 per order, but with a professional brokerage plan, you can trade at the minimum cost of ₹5 per order.
Here are the details of futures brokerage charges in Bajaj Finserv.
Bajaj Finserv Equity Futures Brokerage Charges | |||
Type of charges | Freedom Plan | Beginner Plan | Professional Plan |
Brokerage | ₹ 17 per order | ₹ 9 per order | ₹ 5 per order |
Bajaj Finserv Equity Options Brokerage Charges
In Equity Options, the option trading charges are the least in comparison to other stockbrokers.
Here is the detail in the table below:
Bajaj Finserv Equity Options Brokerage Charges | |||
Type of charges | Freedom Plan | Beginner Plan | Professional Plan |
Brokerage | ₹ 17 per order | ₹ 9 per order | ₹ 5 per order |
Bajaj Finserv Currency Brokerage Charges
When it comes to the question of Bajaj Finserv Currency Brokerage charges, there are two segments that you need to know. One is the Futures, and the other is the Options segment.
We will try to explain how your overall turnover will be affected by the brokerage rates in each of these segments.
Bajaj Finserv Currency Futures Brokerage Charges
The currency futures brokerage charges by this stockbroker depend on the plan you pick. Here are the details:
Bajaj Finserv Currency Futures Brokerage Charges | |||
Type of charges | Freedom Plan | Beginner Plan | Professional Plan |
Brokerage | ₹ 17 per order | ₹ 9 per order | ₹ 5 per order |
Bajaj Finserv Currency Options Brokerage Charges
At the same level, when it comes to option trading, you need to pick up the plan so that the corresponding brokerage charges can be decided:
Bajaj Finserv Currency Options Brokerage Charges | |||
Type of charges | Freedom Plan | Beginner Plan | Professional Plan |
Brokerage | ₹ 17 per order | ₹ 9 per order | ₹ 5 per order |
Consider a case where the broker is charging ₹20 or ₹10 per lot to trade in options, and here is the Bajaj Finserv where you can trade in volume without worrying much about the brokerage fees as the broker charges you as high as ₹17 to ₹5 per trade according to the plan you opt for.
Isn’t it amazing and gives you an opportunity to trade in volume and maximize your profits by paying the minimum brokerage charges.
But yes, there are some transaction fees and taxes you must be aware of the details of which are given in the beginning.
To evaluate the overall brokerage along with the taxes, you can use the brokerage calculator.
Bajaj Finserv Brokerage Calculator
Many traders find the calculation of brokerage charges to be tricky even when provided with all the rates for any given segment. That is why a Bajaj Finserv brokerage calculator is a real problem solver. And it is very straightforward to use as well.
Simple, enter a buying price, selling price, state and at last, the quantity.
This brokerage calculator will give you a complete breakdown of the overall charges and taxes so that you would know how much end profit/loss you will make in a given trade.
Conclusion
Being aware of the brokerage plans of a stockbroker gives you an edge in instant trading decisions as well as long-term investment planning.
And if Bajaj Finserv is the broker of your choice, then with the information provided in the article, you can manage your assets in the pre-trading stage as well. Hence, it would be reasonable to go through this article very carefully.
To reap the benefit of trading at a minimal cost open the Bajaj Finserv demat account online now.
Just in case you would like to compare brokerage plans of similar brokers, you can do that too on the A Digital Blogger website.
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