Open Demat Account

Zero-cost account opening | Low brokerages | 100% digital
Open Demat Account
Zero-cost account opening | Low brokerages | 100% digital
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Low Brokerage rates

Bajaj Broking offers one of the lowest brokerage rates in the industry

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Invest in shares, Equity, F&O, IPOs

You can manage all your trading and investing requirements in one place such as equity, derivatives, ETFs, IPOs & more!

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Margin trade financing (MTF)

Leverage your trades by gaining additional funds with MTF

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Affordable Plans

Choose from two affordable subscription plans - Freedom Pack and Professional Pack - designed to suit different trading needs

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Low Brokerage rates

Bajaj Broking offers one of the lowest brokerage rates in the industry

/content/dam/bajajfinserv/web/in/en/xaop/assets/sku-image-asset/investment/demat-account/demat-pdp-icons/Demat_PDP_02_Invest.png
Invest in shares, Equity, F&O, IPOs

You can manage all your trading and investing requirements in one place such as equity, derivatives, ETFs, IPOs & more!

/content/dam/bajajfinserv/web/in/en/xaop/assets/sku-image-asset/investment/demat-account/demat-pdp-icons/Demat_PDP_03_MTF.png
Margin trade financing (MTF)

Leverage your trades by gaining additional funds with MTF

/content/dam/bajajfinserv/web/in/en/xaop/assets/sku-image-asset/investment/demat-account/demat-pdp-icons/Demat_PDP_04_Digital%20ecosystem.png
Affordable Plans

Choose from two affordable subscription plans - Freedom Pack and Professional Pack - designed to suit different trading needs

Features and benefits

  • 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.

  • Lower brokerage

    Avail benefits of one of the lowest brokerage rates, starting at Rs. 10 per order*.

  • Margin Trade Financing with Demat account

    Trade with one of the lowest MTF rates using Bajaj Broking Demat account

  • Affordable subscription plans

    You can choose from two subscription plans while opening your Demat account. This is the Freedom Pack and the Professional Pack.

  • 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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Eligibility criteria and documents required

Anyone can open 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 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

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How to open a Demat account

A step-by-step guide to opening a Demat account

Step 1 : Click on ‘Open Demat Account’ on this page.

Step 2 : Enter your mobile number and email ID and validate them using the OTP.

Step 3 : Provide your PAN card, income range, gender, and father’s name.

Step 4 : Enter your bank details which will be used for all the transactions.

Step 5 : Add your address and upload all the required documents, as mentioned above.

Step 6 : Record a live video for In-Person Verification (IPV).

Step 7 : E-sign the application through an Aadhar-linked mobile number.

Step 8 : After completing all the steps, submit the application for verification.

Fees and charges

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.

Common terms of Demat account

  • ISIN (International Securities Identification Number)

    A 12-character unique code assigned to each security, enabling easy identification during trading and settlement processes.

  • DP (Depository Participant)

    An intermediary that connects investors with the depository. DPs facilitate services like account opening, dematerialisation (conversion of physical shares to electronic form), and rematerialisation (conversion back to physical certificates).

  • Dematerialisation

    The process of converting physical share certificates into electronic format, which simplifies trading and management of securities.

  • Rematerialisation

    This is the reverse of dematerialisation, where electronic securities are converted back into physical certificates if required.

  • BOID (Beneficial Owner Identification Number)

    A unique 16-digit number allotted to each demat account holder, used to track and manage securities within the depository.

  • Corporate actions

    These are company-initiated events like dividends, stock splits, mergers, or rights issues. Benefits from such actions are automatically credited to your demat account.

  • DP charges

    Fees imposed by the Depository Participant for maintaining and handling securities. These may include charges for holding and transferring securities.

  • Pledge

    Securities held in a demat account can be pledged as collateral for loans, providing liquidity without the need to sell investments.

  • Account nomination

    This allows you to designate a nominee for your demat account, ensuring a smooth transfer of holdings in the event of the account holder's passing.

  • Transaction statement

    A periodic summary provided by the DP that lists all transactions within your demat account, aiding in the tracking of holdings and activities.

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Things to know before you open Demat account online

  • Credibility of the provider

    It is crucial to choose a reputable and trustworthy provider. Research their background, check customer reviews, and evaluate ratings to ensure they have a strong market presence and good customer feedback.

  • Security of the platform

    The security measures of the platform are vital for safeguarding your investments. Look for platforms that implement strong encryption, two-factor authentication, and regular security audits.

  • Customer service quality:

    Efficient customer service is essential for addressing queries and resolving issues promptly. Assess the quality of support through their response times, availability of multiple support channels, and user feedback.

  • Terms for free Demat account opening

    While some providers offer free demat account openings, it is important to understand the terms and conditions. Be aware of any hidden charges or fees that may apply in the future.

  • Brokerage fees

    Brokerage fees can significantly impact your returns. Opt for brokers that offer competitive rates with transparent pricing to minimise trading costs and maximise investment returns.

  • Investment goals alignment

    Ensure that the demat account aligns with your specific investment goals. Evaluate whether the features and services offered support your long-term financial objectives.

  • Effective management

    Understanding these factors contributes to the efficient management of your demat trading account, empowering you to stay informed and make well-grounded investment decisions.

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Facilities offered by a Demat account

  • Easy access

    Investors can conveniently access and manage their investments through net banking or trading platforms, allowing for real-time monitoring and quick decision-making.

  • Effortless dematerialisation

    A Depository Participant (DP) assists investors in converting their physical share certificates into electronic form, simplifying storage and transfer processes.

  • Automated receipt of dividends & benefits

    Dividends, interest payments, and refunds are automatically credited to the investor’s linked bank account through the Electronic Clearing Service (ECS), reducing manual intervention.

  • Simplified share transfers

    With a Demat account, transferring shares has become faster and more efficient, eliminating the need for physical documentation and delays.

  • Enhanced liquidity

    Investors can sell shares instantly and access funds without the hassle of physical paperwork, providing greater financial flexibility.

  • Loan against securities

    Securities held in a Demat account can be used as collateral to obtain loans, offering liquidity while retaining ownership of investments.

  • Account freezing option

    Investors have the option to freeze specific securities within their account, restricting transactions for a set period. This feature is useful for securing holdings during disputes or managing risks.

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Additional features of Demat account

  • All-in-one investment storage

    A Demat account not only holds shares but can also store bonds, mutual funds, exchange-traded funds (ETFs), and government securities, providing a consolidated view of all investments.

  • Easy tracking of trading activities

    It allows you to monitor all trading activities in one place. A detailed history of transactions, including purchases, sales, and transfers, helps in better portfolio management and informed decision-making.

  • Automatic updates for bonus and stock splits

    Any corporate actions like bonus issues or stock splits are automatically updated in the Demat account, ensuring that your holdings are always accurately reflected without manual intervention.

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Frequently asked questions

What is a Demat account?

A Demat account or a dematerialised account is used to hold shares and other securities in digital form. It is mandatory to have a Demat and Trading account in India if you wish to trade and invest in the share market.

What are the types of Demat accounts that you can open?

You can register for a Demat account as an individual or a business or in collaboration with another individual. Given below are the different types of Demat accounts that you can open:

 

  • Single holder Demat account
  • HUF Demat account
  • Joint holder Demat account
  • Corporate Demat account

 

Are shares held in a Demat account transferable?

Yes, the shares held in a Demat account are transferable to other Demat accounts. The account holder has to request the Depository Participant (DP) for the transfer of shares and then complete the necessary formalities.

What kind of securities can be kept in a Demat account?

You can hold various types of securities, like shares, mutual funds, bonds, and ETFs in a Demat account.

Do you need a Demat account to apply for an IPO in India?

Yes, it is mandatory to have a Demat account to apply for an IPO in India. You need to enter the Demat account number at the time of filling out the IPO application.

Is there an option to open a joint Demat account?

Yes, it is possible to open a joint Demat account. The account holders have to provide the necessary KYC documents (PAN card, address proof and bank proof).

Is Demat account free?

A Demat account with Bajaj Broking has zero account opening charges. However, subscription charges and brokerage charges are applicable depending on the subscription plan chosen by the investor.

Do I need a Demat account for SIP?

No. It is not compulsory to have a Demat account for SIP. However, with increasing avenues to invest, a Demat is a one-stop-shop for trading in all securities including mutual funds and SIP. Having all your investment through the same account can save you the effort and hassle of maintaining multiple logins and accounts. With a Demat account, you can also view your entire portfolio with periodic updates.

Can I open a Demat account online?

Yes, the process of opening a Demat account can now be done online. Bajaj Broking offers online account opening services, allowing investors to complete the process from the comfort of their home.

Is Demat tax-free?

No, Demat accounts are subject to various taxes. For instance, when you sell securities held in your Demat account, you will be liable to pay capital gains tax on any profits. Additionally, there may be other taxes such as Securities Transaction Tax (STT) or Goods and Services Tax (GST) that you need to pay when buying or selling securities.

Can I delete my Demat account?

Yes, you can choose to close or deactivate your Demat account if you no longer wish to use it. However, before doing so, you will need to clear any outstanding dues or obligations associated with the account.

Can I transfer my Demat account?

Yes, you can transfer your Demat account from one broker to another if you are not satisfied with the services or fees charged by your existing broker. To do so, you will need to fill out an account transfer form and follow the necessary procedures dictated by the depository participant and broker.

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Disclaimer

Free Account opening is through the Freedom subscription pack, where the yearly subscription charge in the 1st year is nil and 2nd year onwards it is Rs. 431 (inclusive of GST).

Bajaj Broking is only distributor of Bonds & Sovereign Gold Bonds (SGB). These are not exchange traded products and all disputes with respect to the distribution activity, would not have access to exchange investor redressal forum or Arbitration mechanism.

Investments in securities market are subject to market risk, read all the related documents carefully before investing. As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in rights and obligations statement issued by the TM. Visit our website: https://www.bajajbroking.in/ Disclaimer: https://bit.ly/3LfJavu