Features and benefits of Demat account
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Features and benefits of Demat Account
Watch this video to know more about the features and benefits that come along with the Bajaj Broking Demat account.
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Zero-cost account opening
Open your Demat account for free using the freedom subscription pack of Bajaj Broking. The services are free for the first year. Rs. 431 will be chargeable from second year onwards.
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Lower brokerage
Avail benefits of one of the lowest brokerage rates, starting at Rs. 10 per order*.
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Affordable subscription plans
You can choose from three subscription plans while opening your Demat account. This is the Freedom Pack and Professional Pack.
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Easy access to website and app
You can easily open a Demat account using the Bajaj Broking website or mobile app. You can keep a track on your trading activities.
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100% digital account opening
You can easily open your Demat account online with just keeping your PAN card, address proof and bank details handy.
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Trusted and credible platform
Bajaj Broking is a 100% subsidiary of Bajaj Finance Limited, a trusted brand. Bajaj Finance is an established legacy of trust and credibility in Indian financial market.
Eligibility criteria and documents required to open demat account online
Anyone can open a Demat account with Bajaj Broking if they meet the basic criteria mentioned below. You will need four documents and a photograph handy while opening the account.
Eligibility criteria
- Nationality: Indian
- Age: 18+ years
- Must have an active bank account
Documents required
- PAN card
- Proof of address (Aadhar card, driving license, passport)
- Photograph
- Signature on white paper
- Income proof, for activation of futures and options segment
- Cancelled cheque or last 3 months’ bank statements
Demat account opening: Fees and charges
Here’s an overview of the fees and charges associated with opening a Demat account with Bajaj Broking
| Type of charge | Charges applicable |
|---|---|
| Account opening charges | Nil |
| Annual maintenance charges | Nil |
| Off-market transfer – within Bajaj Broking* | Rs. 30 or 0.0002% of transaction value, whichever is higher (taxes applicable) |
| Off-market transfer – outside Bajaj Broking* | Rs. 30 or 0.0002% of transaction value, whichever is higher (taxes applicable) |
| Pledge/Unpledge/Closure/Invocation charges | Rs. 35 (taxes applicable) |
| Physical CMR/DIS | First CMR/DIS request is free. Post that Rs. 50 + Rs. 100 courier charges (taxes applicable) |
| Dematerialisation request charges | Rs. 50 per request + Rs. 50 per certificate |
| Re-materialisation request charges | Rs. 35 per certificate or per 100 shares and part thereof whichever is higher, and Rs. 25 per re-state of statement of the account redemption |
*Rs. 30 is chargeable each time an ISIN is debited from your Demat account.
Call and trade charges will be applicable at the rate of Rs. 20 + GST per executed order.