A Demat Account holds financial securities such as shares, bonds, mutual funds, Exchange Traded Funds (ETFs), etc. in digital mode. Opening a Demat & Trading Account is the first step to start trading in the share market. Inflation depreciates the value of money lying idle over time. Investing in stock market provides a favourable opportunity to put the money to work and grow it in due course. Bajaj Financial Securities Limited offers you the option to open a free* Demat & Trading Account online
Opening Demat & Trading Account online with BFSL is simple, and you can complete it in less than 15 minutes. Our step by step process will help you sign-up with ease in the comfort of your home.
Procedure To Open A Demat Account:
Step 1. Visit the Demat and Trading Account opening form
Step 2. Basic Details: You will need to provide your basic details like Name, phone number, email id and PAN Number. PAN is essential for opening a Demat and Trading Account.
Step 3. Bank Details: Add details of the bank account which will be linked to your Demat and Trading Account. You will be able to transfer money between this Bank Account and the Trading Account.
Step 4. Choose Subscription Plan: You have the option to choose You can choose the free plan* or one of our affordable plans depending on the brokerage that you wish to avail. Be assured; each plan offers you value for money.
Step 5. Upload KYC Documents: For this step, keep the soft copies of your PAN card, cancelled cheque, address proof, and your signature handy. For address proof, you can use one of the following documents: Aadhar Card, Voter ID Card, Passport or Driving License.
Step 6. In-Person Verification: IPV (In-Person Verification) is required to verify your identity. In IPV, your video is required while reading aloud the script provided. You can record it directly on the recording window that will be provided or upload a pre-recorded video for the same.
Step 7. E-sign through Aadhar: You can review all the details entered and e-sign the form through your Aadhar number. Just enter the OTP sent to your Aadhar linked mobile number to validate. No paperwork needed.
Submit the application and sit back and relax. You will receive the login details for your Demat and Trading Account shortly, which you can use to login to your account and add funds from your bank account to start trading.
Where can I invest via BFSL Trading Account?
With a BFSL trading account you can invest in equities (Delivery and Intraday) and equity derivatives (Futures and Options).
Demat Account holds the securities (shares, bonds, mutual funds, ETFs, etc.) in electronic form. Demat is abbreviation of Dematerialized, which means converting from physical to digital form.
A Demat account is a repository where your stocks can be digitally stored and managed. In other words, a Demat (abbreviated form of dematerialisation) Account allows investors to hold shares and securities in the electronic format, with an aim of facilitating safe, easy and convenient trade for users.
You can open free* Demat and Trading Account with Bajaj Financial Securities by choosing the Freedom Subscription Pack. It has zero AMC in the 1st year, Rs. 365+GST from 2nd Year onwards.
You can open a Trading Account in less than 15 minutes from the comfort of your home with Bajaj Financial Securities. All you need are - PAN Card, Proof of Address, Proof of Identity, Bank Proof, your signature and one photograph. Here’s what you need to do:
You will receive the login and password post account activation.
Benefits of Demat Account:
For opening a Demat & Trading Account with Bajaj Financial Securities Limited, you will need:
A depository is an institution that stores shares and securities in dematerialized form. National Securities Depository Limited(NSDL) and Central Depository Service India Limited(CDSL) are the two depositories in India. The depositories, however, do not provide Demat Accounts. To open a Demat Account, you need to approach a depository participant, like Bajaj Financial Securities Limited. Depository participants, which can be a brokerage firm or a bank, are the agents who help investors open a Demat Account and facilitate trade in the stock exchange. They act as intermediaries between the depository and the stock exchange.
Any Indian individual above the age of 18 years can open an online Demat & Trading Account with BFSL. It is mandatory to have a PAN card, a bank account, and documents for identity and address proof.
A trading account is an investment account that holds securities, cash, and other holdings like any brokerage account. With a trading account, an investor can buy and sell assets as frequently as they want, that too within the same trading session
A demat account stores your securities such as share certificates in a digital format, whereas a trading account helps you place a buy or sell order in the stock market. Both Demat and Trading accounts are necessary for trading online in the stock exchange. With Bajaj Financial Securities Limited, and you can open Demat and Trading Account in a few easy steps and start trading online.
*Account opening is free through the Freedom Pack, with zero Annual Maintenance Charge (AMC) in the 1st year & Rs. 365+GST from the 2nd year.
Investments in securities market are subject to market risk, read all the related documents carefully before investing.
Stock Broking services are provided by Bajaj Financial Securities Limited which is 100% subsidiary of Bajaj Finance Limited and registered with BSE Ltd. (BSE) and National Stock Exchange of India Limited (NSE). 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.
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