Features and benefits of Demat account
Features and benefits of a Demat account
Watch this video to know more about the features and benefits that comes along with the Bajaj Financial Securities Limited Demat account.
Zero-cost account opening
Open your Demat account for free using the freedom subscription pack of Bajaj Financial Securities Limited (BFSL). The services are free for the first year. Rs. 431 will be chargeable from second year onwards. Click here to check the other subscription packs.
Avail benefits of one of the lowest brokerage rates, starting at Rs. 5 per order*.
Margin Trade Financing with Demat account
Trade with one of the lowest MTF rates using BFSL Demat account
Affordable subscription plans
You can choose from three subscription plans while opening your Demat account. This is the Freedom Pack, Professional Pack, and Bajaj Privilege Club.
Easy access to website and app
You can easily open a Demat account using the BFSL website or mobile app. You can keep a track on your trading activities.
100% digital account opening
You can easily open your Demat account online with just keeping your PAN card, address proof and bank details handy.
Trusted and credible platform
Bajaj Financial Securities Limited (BFSL) is a 100% subsidiary of Bajaj Finserv, a trusted brand. Bajaj Finserv is an established legacy of trust and credibility in Indian financial market.
Frequently asked questions
Given below are a few key benefits of a Demat account:
- Easy and immediate transfer of securities
- Elimination of risks related to theft and loss
- Convenient settlement and disbursement of shares
- Easy holding of shares
When no holdings, payments, or charges are pending, account holders can close their Demat accounts. They need only submit a request to the appropriate Participant Depository (PD).
The MTF interest rate for BFSL Demat account starts at as low as 10.75% p.a..
You can easily open your Demat account online with BFSL. You just need to keep your PAN card, address proof, and bank details handy.