Bajaj Finserve Vs Groww
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
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 Vs Groww - Broker Details
| Bajaj Finserve | Groww | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2007 | 2016 |
| Exchanges | NSE, BSE | NSE and BSE. |
| Branches | 294+ | Zero |
| Brokerage | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order |
| Broker Type | Full Service Broker | Discount Broker |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Account Opening & AMC Charges
| Bajaj Finserve | Groww | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹199- (2nd Year Onwards) | ₹0 (Free) |
| Trading Account AMC | ₹899- per annum | ₹0 (Free) |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Brokerage charges & Plans
| Bajaj Finserve | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | N/A | N/A |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | N/A | N/A |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Other Charges
| Bajaj Finserve | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | N/A |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Transaction Charges
| Bajaj Finserve | Groww | |
|---|---|---|
| Currency Options | N/A | N/A |
| Equity Futures | NSE:- 0.002% | BSE:- Nil or 0.05% of trade value | Clearing Charges:- NSE and BSE:- 0.00025% | NSE:- 0.002% |
| Equity Intraday | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE:- 0.00345% | BSE:- 0.00345% |
| Equity Options | NSE:- 0.053%( on premium) | BSE:- Nil or 0.05% of traded value | Clearing charges:- NSE or BSE:- 0.00025% | NSE:- 0.053% on premium |
| Commodity | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | NSE:- 0.00345% | BSE:- Charges vary as per the scrip group | Clearing charges:- Nil | NSE:- 0.00345% | BSE:-0.00345% |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Margin (Exposure)
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Features
| Bajaj Finserve | Groww | |
|---|---|---|
| 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:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 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 | Call Back Open Account |
Bajaj Finserve Vs Groww - Review & Rating
| Bajaj Finserve | Groww | |
|---|---|---|
| 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 |
Bajaj Finserve Vs Groww - Request a call back from Broker
| Bajaj Finserve | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Investment Options
| Bajaj Finserve | Groww | |
|---|---|---|
| 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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| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Order Type
| Bajaj Finserve | Groww | |
|---|---|---|
| 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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| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Research & Report
| Bajaj Finserve | Groww | |
|---|---|---|
| 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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| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Daily Market Report
| Bajaj Finserve | Groww | |
|---|---|---|
| Daily Market Reports & News |
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| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Suitable For Investor
| Bajaj Finserve | Groww | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Pros & Cons
| Bajaj Finserve | Groww | |
|---|---|---|
| Pros | 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. | 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. |
| Cons | 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. | 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. |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Background
| Bajaj Finserve | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Compare All Brokers
| Bajaj Finserve | Groww | |
|---|---|---|
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - STT/CTT
| Bajaj Finserve | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Demat transaction charges
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - GST
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - SEBI Charges
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Account Opening & AMC Charges
Bajaj Finserve
Groww
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹199- (2nd Year Onwards)
₹0 (Free)
Trading Account AMC
₹899- per annum
₹0 (Free)
Bajaj Finserve Vs Groww
| Bajaj Finserve | Groww | |
|---|---|---|
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 .. + " Vs "+ Groww |
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 .. |
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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 Vs Groww - Brokerage charges & Plans
| Bajaj Finserve | Groww | |
|---|---|---|
| Commodity Futures | N/A | N/A |
| Currency Futures | N/A | N/A |
| Equity Delivery | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Equity Options | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Commodity Options | N/A | N/A |
| Equity Futures | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Currency Options | N/A | N/A |
| Fixed Charges | N/A | ₹20/ Order |
| Equity Intraday | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% (whichever is lower) |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Margin (Exposure)
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | N/A |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x |
| Call Back Open Account | Call Back Open Account |
Bajaj Finserve Vs Groww - Other Charges
| Bajaj Finserve | Groww | |
|---|---|---|
| RMS Square Off Charge | ₹20/ Order | ₹50/ Order |
| API Charges | ₹0 (Free) | |
| Call & Trade Charges | ₹20/ Order | N/A |
| Other Brokerage Charges | Freedom Pack:- ₹40/Order | Professional Pack:- ₹20/Order | Bajaj Privilege Club:- ₹10/Order | ₹20/ Order or 0.05% |
| Minimum Brokerage | ₹20/ Order | ₹20/ Order |
| Call Back Open Account |
Bajaj Finserve Vs Groww - STT/CTT
| Bajaj Finserve | Groww | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | N/A |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | N/A |
| Call Back Open Account |
Bajaj Finserve Vs Groww - Demat transaction charges
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity Demat Transaction Charges | ₹30 + GST per scrip only on sell | ₹13.5 Gst per scrip per day only on sell |
| Call Back Open Account |
Bajaj Finserve Vs Groww - GST
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge + CM Charges) | 18% ( Brokerage + Transaction charges) |
| Call Back Open Account |
Bajaj Finserve Vs Groww - SEBI Charges
| Bajaj Finserve | Groww | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/ Crore |
| Call Back Open Account |
Bajaj Finserve Vs Groww - Features
| Bajaj Finserve | Groww | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity & F&O:- 3:15 PM | Currency: 4:35 PM | Commodities: 11:30 PM | Equity & F&O:- 3:20pm | Currency:- 4:30 PM | Commodity:- 11:25 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 | Call Back Open Account |