Opening a Demat & Trading Account is the first step to start trading in 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. Demat account stores the securities you buy in share market in a digital format. Bajaj Financial Securities Limited is a depository participant with CDSL and NSDL, offering you the option to open 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. Provide your personal & bank details: You can complete this step with ease. Have your PAN card, bank account number and IFSC code at hand.
Step 2. Upload Documents: Keep soft copies of your PAN card, canceled cheque, address proof, your signature handy, and this step will be a cakewalk.
Step 3. Choose Subscription Plan: You can choose the free plan* or one of our affordable plans as per your investing profile. Be assured; each plan offers you value for money.
Step 4. E-sign through Aadhar: You can verify your details and e-sign with Aadhar. No paperwork needed.
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.
**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
Earlier, the shares and securities were issued as paper certificates, and storing and transferring them involved tedious paperwork. It included the risk of forgery and theft. Demat Account was introduced in India in 1996, where one could safely store the shares and securities in a digital format. It enabled online trading, enhanced safety, and eliminated paperwork to a great extent.
A Demat Account is linked with a trading account, which helps place a buy or sell order. When a trade order is executed, shares get transferred from the seller's Demat Account to the buyer's Demat Account in minutes.
For opening a Demat & Trading Account with Bajaj Financial Securities Limited, you will need
With Bajaj Financial Securities Limited, you can open free Demat & Trading Account with zero annual maintenance charges (AMC) for 1st year. Detailed below are the 3 packs you can choose from:
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 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 for Freedom Pack, with zero Annual Maintenance Charge (AMC) for 1st year & Rs. 365+GST from the 2nd year.
**On delivery brokerage, T&C apply