Features of demat and trading account

  • Free* demat and trading account

    Free* demat and trading account

    Open free demat and trading account with Freedom Pack
  • Multiple investment products

    Multiple investment products

    Invest in equities, equity derivatives or mutual funds
  • Brokerage starting Rs. 10/order in Professional Pack

    Brokerage starting Rs. 10/order in Professional Pack

    Lower your brokerage costs by availing of a Professional Pack
  • Secure trading platform

    Secure trading platform

    Trade on a secure platform, available on web and app

Bajaj Financial Securities Limited (BFSL) is a depository participant with NSDL and CDSL and a registered member of NSE and BSE for equity and equity derivative segment. You can open a free* demat and trading account with BFSL through a hassle-free, paperless process.

A demat and trading account is required to start trading in the share market. The demat account holds your shares in digital mode, and the trading account helps you place the order for sale and purchase of shares.

Trading with BFSL offers several other benefits, as you can choose from multiple affordable subscription packs and benefit from one of the lowest brokerage charges in the industry.

*Free account opening is through Freedom subscription pack, with zero annual subscription charge for the first year and Rs. 431 from the second year onwards. Demat AMC is zero.

Additional Read: Difference between demat and trading account

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Documents required to open a demat and trading account

Please keep the following documents handy when opening a demat and trading account:

  • Proof of identity

    Proof of identity

    PAN card is mandatory (ensure your photo and signature on the card are clearly visible)
  • Proof of address (any one of these)

    Proof of address (any one of these)

    Passport, driving licence, voter ID, Aadhaar card or bank account statements for the last 3 months

  • Proof of income for F&O trading (any one of these)

    Proof of income for F&O trading (any one of these)

    Bank account statements for the last 6 months, salary slips of last 3 months, net-worth certificate, holding report, ITR statement, demat holding statement

  • Bank account details

    Bank account details

    Cancelled cheque, bank statement with IFSC code, and bank account number

  • Photograph

    Photograph

    Passport-sized recent photograph
  • Signature on white paper

    Signature on white paper

    Sign on a white paper and take a picture of it (the signature should match the one on your PAN card)

How to open a demat account

Here is a guide to open an account with BFSL:

  1. 1 Click on ‘Open Account
  2. 2 Enter your basic details like name, phone number, email ID and PAN number
  3. 3 Provide your bank details, which will be linked to your demat and trading account
  4. 4 Choose a subscription plan
  5. 5 Upload KYC documents —PAN card, photo, cancelled cheque, address proof (Aadhar card, voter ID, passport or driving license) and your signature. Income proof is needed if you want to trade in the derivatives segment.
  6. 6 Record your video while reading the sentence provided on screen or upload a pre-recorded video for in-person verification. (This is to confirm your identity)
  7. 7 Review the details entered and e-sign the form. Enter OTP to validate
  8. 8 Submit your application, and you will receive login details shortly
  9. 9 Add funds from your linked bank account to start trading

Additional Read: Open trading account online

Frequently asked questions

What is a demat account?

Dematerialised account or demat account is a digital repository of various securities, such as—shares, mutual funds, Exchange Traded Funds (ETFs) etc.

Where can I invest via BFSL Demat and Trading Account?

You can invest in equities (delivery and intraday) and equity derivatives (futures and options).

What are the eligibility criteria to open a demat and trading account?

To open an online demat and trading account with Bajaj Financial Securities Ltd. an individual should be above 18 years of age and a citizen of India, holding a PAN card and valid documents of address and identity proof.

What is the minimum amount needed to start a demat and trading account?

You don't need a minimum amount to start a demat and trading account with Bajaj Financial Securities Limited. You can open an account at nil* charges with us by choosing Freedom Subscription Pack.

What is a difference between demat account and trading account?

A demat account is where you can store shares, mutual fund units, ETFs etc., in digital mode. A trading account helps you place buy and sell orders in the share market. You require both demat and trading account to start trading online in the stock markets.

*Free account opening is through Freedom subscription pack, with zero annual subscription charge for the first year and Rs. 431 from the second year onwards. Demat AMC is zero.

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