Groww Vs Bajaj Finserve
Groww
Groww Review gives an overall view of the updates about the Brokerage Charges, Margin, Updated Trading Software 2024, We can also review Groww Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Bajaj Finserve - Broker Details
| Groww | Bajaj Finserve | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2016 | 2007 |
| Exchanges | NSE and BSE. | NSE, BSE |
| Branches | Zero | 294+ |
| Brokerage | ₹20/ Order | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Broker Type | Discount Broker | Full Service Broker |
Groww Vs Bajaj Finserve - Account Opening & AMC Charges
| Groww | Bajaj Finserve | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹199- (2nd Year Onwards) |
| Trading Account AMC | ₹0 (Free) | ₹899- per annum |
Groww Vs Bajaj Finserve - Brokerage charges & Plans
| Groww | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | N/A | N/A |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
Groww Vs Bajaj Finserve - Other Charges
| Groww | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Bajaj Finserve - Transaction Charges
| Groww | Bajaj Finserve | |
|---|---|---|
| Currency Options | N/A | N/A |
| Equity Futures | NSE:- 0.002% | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% |
| Equity Intraday | NSE:- 0.00345% | BSE:- 0.00345% | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
| Equity Options | NSE:- 0.053% on premium | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% |
| Commodity | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | NSE:- 0.00345% | BSE:-0.00345% | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil |
Groww Vs Bajaj Finserve - Margin (Exposure)
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
Groww Vs Bajaj Finserve - Features
| Groww | Bajaj Finserve | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Groww Vs Bajaj Finserve - Review & Rating
| Groww | Bajaj Finserve | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
| Call Back Open Account | Call Back Open Account |
Groww Vs Bajaj Finserve - Request a call back from Broker
| Groww | Bajaj Finserve | |
|---|---|---|
Groww Vs Bajaj Finserve - Investment Options
| Groww | Bajaj Finserve | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Groww Vs Bajaj Finserve - Order Type
| Groww | Bajaj Finserve | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Groww Vs Bajaj Finserve - Research & Report
| Groww | Bajaj Finserve | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Groww Vs Bajaj Finserve - Daily Market Report
| Groww | Bajaj Finserve | |
|---|---|---|
| Daily Market Reports & News |
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Groww Vs Bajaj Finserve - Suitable For Investor
| Groww | Bajaj Finserve | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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Groww Vs Bajaj Finserve - Pros & Cons
| Groww | Bajaj Finserve | |
|---|---|---|
| Pros | 1.Commission free investment for customer. 2.Transparent without any hidden charges. 3. Upto 1.5% extra returns on direct mutual funds. 4.Provide facility to invest in US stocks, Gold and ETFs. 5.Online IPO application. 6.Zero charges on direct mutual funds 7. Very simple and intuitive UI. 8. Offers a wide range of premium features. 9.SEBI registered advisor in the name of Finvantage Investment Advisor Pvt Ltd. 10. In-built customer support section or directly email them on support@groww.in. 11.Groww also has a live chat option. | 1.It charges low brokerage 2.Fast and safe fund transfer 3.Margin Trading Funding (MTF) is available 4. Bajaj Fiserv provide good customer service. |
| Cons | 1.Dilution in the name of diversification. 2.Due to higher cost of some mutual funds, so mutual funds charge for managing the funds, fund manager salary, distribution cost etc. 3.It does not suit customers with unpredictable cash flows. 4.Customer is unable to analyse funds technically and in-depth. | 1.High equity delivery brokerage charges of ₹40/Order in the Freedom plan 2.Call & Trade is available at additional ₹20/ Order 3. Bajaj Finserv doesn't offer facilities to invest in Commodity and Currency trading. |
Groww Vs Bajaj Finserve - Background
| Groww | Bajaj Finserve | |
|---|---|---|
Groww Vs Bajaj Finserve - Compare All Brokers
| Groww | Bajaj Finserve | |
|---|---|---|
Groww Vs Bajaj Finserve - STT/CTT
| Groww | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Bajaj Finserve - Demat transaction charges
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹30 + GST per scrip only on sell |
Groww Vs Bajaj Finserve - GST
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + CM Charges) |
Groww Vs Bajaj Finserve - SEBI Charges
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Bajaj Finserve - Account Opening & AMC Charges
Groww
Bajaj Finserve
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹199- (2nd Year Onwards)
Trading Account AMC
₹0 (Free)
₹899- per annum
Groww Vs Bajaj Finserve
| Groww | Bajaj Finserve | |
|---|---|---|
Groww Review | Brokerage Charges, Account OpeningGroww is an Indian SEBI registered stockbroker that targets first time investor and millennials. Groww established in April 2016 in Bangalore as a brand of Nextbillion Technology Private Limited. In the mid of 2024s, Groww broker review has expanded its services and started stocks investing service on its platform. Groww application .. + " Vs "+ Bajaj Finserve |
Just Trade Review | Brokerage Charges, Account OpeningJust Trade is the brand of the most trusted and one of the largest financial service provider of India ‘Bajaj Capital Limited’. Bajaj Capital Limited started its operation in 1965 and it was the first company who innovated the financial instrument ‘Fixed Deposit’ and later on included all UTI schemes and government saving schemes in .. |
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Bajaj Finserve
Bajaj Capital Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, We can also review JustTrade.in Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.
Groww Vs Bajaj Finserve - Brokerage charges & Plans
| Groww | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Equity Options | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Commodity Options | N/A | N/A |
| Equity Futures | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Currency Options | N/A | N/A |
| Fixed Charges | ₹20/ Order | N/A |
| Equity Intraday | ₹20/ Order or 0.05% (whichever is lower) | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Call Back Open Account | Call Back Open Account |
Groww Vs Bajaj Finserve - Margin (Exposure)
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity Options | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x | 5x (Up to 20% of trade value) |
| Currency Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Options | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | N/A | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x | 1x (100% of NRML margin (Span + Exposure) |
| Call Back Open Account |
Groww Vs Bajaj Finserve - Other Charges
| Groww | Bajaj Finserve | |
|---|---|---|
| RMS Square Off Charge | ₹50/ Order | ₹20/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | N/A | ₹20/ Order |
| Other Brokerage Charges | ₹20/ Order or 0.05% | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
Groww Vs Bajaj Finserve - STT/CTT
| Groww | Bajaj Finserve | |
|---|---|---|
| Commodity Futures | N/A | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on buy & sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | N/A | 0.05% on sell side |
Groww Vs Bajaj Finserve - Demat transaction charges
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity Demat Transaction Charges | ₹13.5 Gst per scrip per day only on sell | ₹30 + GST per scrip only on sell |
Groww Vs Bajaj Finserve - GST
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% ( Brokerage + Transaction charges) | 18% on (Brokerage + Transaction Charge + CM Charges) |
Groww Vs Bajaj Finserve - SEBI Charges
| Groww | Bajaj Finserve | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/ Crore | ₹10/Crore |
Groww Vs Bajaj Finserve - Features
| Groww | Bajaj Finserve | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 PM | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM |
| Trading Platform | Groww Web (Browser based trading website) , Groww Mobile Application | |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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| Call Back Open Account |