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Demat and Trading Account Fees and Charges

Demat and Trading Account Fees and Charges

Demat and trading Account is a prerequisite to start trading in shares, however, to avail the services of Demat and Trading Account, certain fees and charges are applicable. Get familiar with the various charges before opening a Demat and Trading Account. Here, we present the details of all the Demat And Trading Account charges associated with Bajaj Financial Securities Limited (BFSL).

Subscription Plans –BFSL

To open a Demat and Trading Account with Bajaj Financial Securities, you can sign-up through one of the 3 subscription packs, each offering different brokerage rates.

  • Open free* Demat and Trading Account through BFSL’s Freedom Pack. It has zero account opening fee and zero Demat Account Maintenance Charge (Demat AMC) in the first year; second year onwards it is Rs. 365+GST.

  • Enjoy trading at lower brokerage rates with our paid subscription plans.

    - Trade in equity futures and options at just Rs.9/order, and in equity delivery and intraday at Rs.0.99/order with our Beginner Pack.
    - Avail further low brokerage rate for trading in equity futures and options at just Rs.5/order, and in equity delivery and intraday at Rs.0.99/order with our Professional Pack.
FREEDOM PACK
BEGINNER PACK
PROFESSIONAL PACK
Yearly Subscription Charge: Free Yearly Subscription Charge: ₹ 500 + GST Yearly Subscription Charge: ₹ 999 + GST
Demat AMC: 1st yr: Free, 2nd yr Onwards: ₹ 365 + GST Demat AMC: ₹ 899 + GST Demat AMC: ₹ 899 + GST
Products Included:
. Equity
. Derivative
Products Included:
. Equity
. Derivative
Products Included:
. Equity
. Derivative
Brokerage Rate:
. Equity Delivery: 0.10%
. Equity Intraday & F&O: ₹ 17 /order
Brokerage Rate:
. Equity Delivery: ₹ 0.99 /order
. Equity Intraday & F&O: ₹ 9 /order
Brokerage Rate:
. Equity Delivery & Intraday: ₹ 0.99 /order
. F&O: ₹ 5 /order

Equity / Derivative Transaction Charges (List of Charges for Subscription Model) - BFSL

Apart from the brokerage charges, few other charges are levied on your share market transactions as detailed below:

Type of Charge Delivery Intraday Futures Options
Transaction/ Turnover Charges NSE - 0.00325% BSE - Charges vary as per the scrip group NSE - 0.00325% BSE - Charges vary as per the scrip group NSE - 0.0019% BSE - Nil or 0.05% of Traded Value NSE - 0.0019% BSE - Nil or 0.05% of Traded Value
Clearing Member Charges Nil Nil NSE & BSE - 0.00025% Physical Delivery - 0.10% NSE & BSE - 0.00025% Physical Delivery - 0.10%
GST 18% on Brokerage, Transaction & CM Charges 18% on Brokerage, Transaction & CM Charges 18% on Brokerage, Transaction & CM Charges 18% on Brokerage, Transaction & CM Charges
STT ₹ 100 per Lacs (0.1%) ₹ 25 per Lacs (0.025%) ₹ 10 per Lacs (0.01%) on Sell Side only ₹ 10 per Lacs (0.01%) on Sell Side only
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

Note:
Details of BSE Transaction/ Turnover Charges
Equity - https://www.bseindia.com/static/members/TFEquity.aspx
Derivatives - https://www.bseindia.com/static/members/TFDerivative.aspx

Demat Account Charges

Demat Account has eased the share trading process significantly. When shares are stored electronically, holding, and transferring them is safer and quicker. A lot of tech efforts and resources work at the backend to ensure security and transparency in the process. As a result, few charges are levied for availing the services of a Demat Account, which are menial compared to the benefits that come along with it.

The various Demat charges levied by BFSL is detailed below:

Type of Charge Charges
Account Opening Charges Nil
Annual Maintenance Charges ₹ 899 + applicable taxes
Off Market Transfer – Within BFSL* ₹ 30 or 0.02% of transaction value, whichever is higher + applicable taxes
Off Market Transfer – Within BFSL* ₹ 30 or 0.02% of transaction value, whichever is higher + applicable taxes
Pledge / Unpledge / Closure /Invocation Charges ₹ 35 + applicable taxes
Physical CMR / DIS First CMR / DIS request is free. Post that ₹ 50 + ₹ 100 Courier charges + applicable taxes
Dematerialisation Request Charges ₹ 50 per request + ₹ 50 per certificate
RE-materialisation Request Charges ₹ 35 per certificate or per 100 shares and part there of whichever is higher and ₹ 25 per re-state of statement of account redemption

* ₹ 30 will be charged each time an ISIN is debited from your Demat Account. In case the receiving Demat Account is BFSL Demat Account then the charges are restricted to ₹ 30 plus applicable taxes. In case of market sale transactions, this is applicable scenario when deliveries are given from your BFSL Demat Account against Exchange securities pay in obligations. This is inclusive of CDSL charges.
** Will be charged each time an ISIN is debited from your Demat Account and in case the receiving Demat Account is not BFSL Demat Account. This is inclusive of CDSL charges.

Payment Gateway Charges - BFSL

Type of Charge Charges
Net Banking ₹ 10 per Transaction + applicable taxes
Debit Card ₹ 30 per Transaction + applicable taxes
UPI ₹ 10 per Transaction + applicable taxes
Cheque Bounce Charges ₹ 1000 per Bounce + applicable taxes

Other Charges

• Call and Trade charges would be applicable at the rate of Rs 20 per executed order
• Requests for Physical contract notes would be charged at Rs 50 per contract note plus applicable courier charges.
• Call and Trade Charges includes RMS Square off charges
• Delay Payment Charges (DPC) of 0.05% per day to be applicable in case the account is in debit balance.

Disclaimer

Investments in securities market are subject to market risk, read all the related documents carefully before investing.
We collect, retain, and use your contact information for legitimate business purposes only, to contact you and to provide you information & latest updates regarding our products & services.

Attention Investors

Avoid unauthorized transactions in your Demat/Trading Account. Update your email Ids/ mobile numbers with your Depository Participant/stock brokers. Check information/ alerts of your all debit/ transaction and other important transactions in your Demat /Trading Account directly from NSDL/CDSL/ Exchange at the end of the day.
This notice is provided in the interest of the investors.

**99% savings calculated as brokerage of ₹10 (approx) charged in BFSL vs brokerage of ₹1000 calcuated at 0.10% on 5 buy & sell orders each of a volume of 2 lakh. Brokerage will not exceed the SEBI prescribed limit.

SEBI Registration No.: INZ000218931;BSE Cash/F&O (Member ID: 6706);NSE Cash/F&O (Member ID: 90177);DP registration No : IN-DP-418-2019;CDSL DP No.: 12088600;NSDL DP No. IN304300;AMFI Registration No.: ARN – 163403

Demat Account Charges and Fees Faqs

What is Demat Account opening charge?

It is the charge you pay to the stockbroker for opening your Demat Account. Some stockbrokers charge a minimal fee while others offer free account opening. You don’t need a minimum amount to open demat account.

What is Demat AMC?

Demat AMC is Demat Annual Maintenance Charge. It is the charge for maintaining your Demat Account by the stockbroker. It may be charged annually or quarterly depending on the stockbroker. Demat AMC is charged irrespective that you hold shares in your Demat Account or not. It is a fixed recurring charge associated with your Demat Account.

What is brokerage charge?

Brokerage is the fee charged by the stockbroker when you buy or sell shares in the share market. Broadly, this fee can either be per cent based, proportional to your trading transaction value (charged by Full-Service Brokers) or a flat fee per order irrespective of the transaction value (charged by Discount Brokers).

What is Dematerialisation and Re-materialisation Charge?

Dematerialisation is the process of converting physical certificates into electronic form. The opposite of it is Re-materialisation. You can get your shares dematerialized or re-materialized by following the steps prescribed by the depositories. There is a fee associated with dematerialisation/re-materialisation that you need to pay to the stockbroker.

What is Off-Market Transfer Charge?

When shares are transferred from one Demat Account to the other without involving the stock exchange, it is called Off-Market Transfer. Such transfers may be done for several reasons, such as, to transfer shares from Demat Account held with one stockbroker to the other, transferring ownership of shares between individuals, gifting shares to family members, etc. Such off-market share transfer involves debit and credit of shares between Demat Accounts which attracts charges, and it varies across the Depository Participant /stockbrokers.