Bajaj Finserv, one of the most diversified NBFC of India has now come up with brokerage services. Although the broker is full-service you can avail of the benefit of trade at the minimum cost. So, if you want to experience its services then here is the complete information of Bajaj Finserv Demat Account charges.
In this article, we will be discussing the account opening charges and maintenance charges charged by the broker.
Bajaj Finserv Account Opening Charges
Being a full-service stockbroker, Bajaj Finserv gives you an option to minimize the trading cost by offering you the brokerage plan, the detail of which is provided in the table below:
Bajaj Securities Brokerage Plan
Brokerage Plan
Subscription Charges
Standard Plan
Nil
Freedom Plan
₹435 from second year onwards
Beginners Plan
₹1651
Professional Plan
₹2240
Wondering why are we discussing this plan here.
Well, this brokerage plan not only comes with the benefit of reducing brokerage but also with the advantage of waiving off the Demat account opening charges and AMC fees.
The subscription plan discussed above provides you with the benefit of enjoying the lifetime free Demat account services.
But again each of these plans comes up with specific subscription charges valid for 1 year.
To check the same, let’s dive into the following table.
Bajaj Securities AMC
Brokerage Plan
Subscription Charges
Standard Plan
₹899 per year
Freedom Plan
Nil
Beginners Plan
Nil
Professional Plan
Nil
It can be seen from the above table that the AMC included under Bajaj Finserv Demat account charges vary according to the plan.
If the trader hasn’t selected any pack, he will end up with the default brokerage plan. The AMC of this plan is free for the first year and changes to INR 441 + GST from the second year.
Other than the standard plan, there is no AMC on the Demat account, however, you need to pay the yearly subscription fees to activate the services.
If you would like to know the complete details on the different kinds of plans this stockbroker has, here is a quick reference on Bajaj Finserv Brokerage for you.
Conclusion
Bajaj Finserv being a full-service stockbroker offers many different benefits to its customer, starting with the low brokerage fees and free demat account services.
So experience the low-cost trading services and trade smartly at a low cost with the Bajaj Finserv Demat account.
Get assistance in choosing a stockbroker and opening a Demat account by filling in the basic details in the form below:
More on Bajaj Finserv
If you want to learn more about Bajaj Finserv, here are the details for you:
