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Demat Account Charges & Fees

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Demat account opening charges are the one-time amount you pay to your stockbroker to register a Demat account with them. An institution that helps open Demat account is also known as a “Depository Participant” or referred to as “DP”. Multiple stockbrokers, like Bajaj Broking, are registered with CDSL & NSDL and offer Demat account services to the customers. Demat account charges vary across brokers Bajaj Broking offers you a free Demat and Trading Account App laced with all modern technological features along with a simple user interface.

Open a Demat & Trading account with Bajaj Broking

Types of Demat Account Opening Charges & Fees    

There are various demat account charges associated with a Demat account. These charges are levied by various governing bodies and the Government of India. Clearly, understanding demat account fees and demat account opening charges is crucial before opening a Demat account.

 

  1. Demat Account Opening Charges:

    Demat Account opening charges is a one-time charge that brokers collect from their customers while opening their Demat account on the respective platform. In the earlier days these charges were very high, however, now with the advent of discount stockbrokers in India, brokers like Bajaj Broking offer Demat accounts for free.

  2. Demat Account Maintenance Charges:

    Demat annual account maintenance charges or popularly known as Demat AMC, are collected by the broker annually for the services they provide. Paying this charge allows investors to access all the features available on the DP's platform along with the integrated banking systems and payment processing channels. Some brokers charge this quarterly while some charge this annually. AMC needs to be paid to keep your account active.

  3. Demat Transaction Charges:

    Demat transaction charges are levied on all debit and credit transactions on your Demat account. Every time a share is purchased or sold a certain percentage of the transaction value is deducted as transaction charges. These demat account charges vary from broker to broker and also on the nature of the transaction.

  4. Dematerialization & Rematerialization Charges:

    The charges associated with converting a physical share to digital mode is called dematerialization charge, and the charge associated with converting a digital share to physical form is called rematerialization charge.

  5. Pledging Charges:

    The shares in demat account can be pledged to avail trading limits or loans. The charge associated with pledging shares in demat account is called pledging charges.

  6. DP Charges:

    The charge levied by the Depository Participant (DP) whenever a share is debited from the demat account is called DP charges.

What are the Demat Account Opening Charges & Fees?

Types of ChargesCharges
Demat account opening chargesZero
Brokerage ChargesFor all subscription plans - ₹0 for Equity Delivery Freedom Pack: ₹20 for Intraday & F&O, Professional Pack: ₹10 for Intraday & F&O.
Demat account annual maintenance ChargesZero
Demat account transaction chargesA transaction fee is applicable when shares are credited or debited from the Demat account. These charges vary depending on the offer/scheme chosen by you.
Off Market Transfer within Bajaj Broking*₹30 or 0.02% of transaction value, whichever is higher + applicable taxes
Pledge/Unpledge/Closure/Invocation Charges₹35 + applicable taxes
Physical CMR/DISThe first CMR/DIS request is free to post that ₹50 + ₹100 courier charges + applicable taxes
Dematerialization request charges₹50 per request + ₹50 per certificate
Re-materialization request charges₹35 per certificate or 100 shares and part, whichever is higher, and ₹25 per re-state of the statement of account redemption
Closure of Demat accountThere is nothing charged for the closure of the Demat account
Trading ProductsEquity/Derivatives/MTF

For each International Securities Identification Number (ISIN), *₹30 will be debited from your Demat account. If it is a Bajaj Broking Demat Account , then the charges applicable are ₹30 plus applicable taxes. In the case of market sale transactions, this will be applicable in a scenario when deliveries are made using a Bajaj Broking Demat Account against the exchanged securities’ pay-in obligations.

 

**Will be charged each time an ISIN is debited from your Demat account and if the receiving Demat account is not a Bajaj Broking Demat account. This is inclusive of CDSL charges.

Payment Gateway Charges

Types of ChargesCharges
Net Banking₹10 per transaction + applicable taxes
Debit card₹30 per transaction + applicable taxes
Credit Card(Required for opening client’s account; partner onboarding) – 1.40% on transaction value + applicable taxes
Cheque Bounce Charges₹1000 per bounce + applicable taxes

Here are the other charges applicable:

  • Call and trade charges will be applicable at ₹20 + GST per executed order.
  • Requests for physical contract notes will be charged at ₹50 per contract note along with applicable courier charges.
  • Delay Payment Charges (DPC) of 0.05% per day will be applicable if the account is in debit balance.
  • As per the exchange requirement, 50% of the margin must be maintained in the form of a cash component. Any shortfall will result in DPC being charged.

Subscription Plans of Bajaj Broking

The available subscription plans for Bajaj Broking cater to various needs of a trader or investor and allow them to choose a plan that can be beneficial in the long run.
Subscription PlanFreedom PackProfessional Pack
Brokerage
₹0 for Equity Delivery₹0 for Equity Delivery
₹20/order for Intraday and F&O Trades₹10/order for Intraday and F&O Trades
MTF Interest Rates18% per annum14% per annum
Yearly Subscription Charges
1st Year FREE ₹2,500
2nd Year onwards ₹431  
 OPEN AN ACCOUNTOPEN AN ACCOUNT

Equity/Derivative Transaction Charges with Subscription Plans

Type of ChargeDeliveryIntradayFuturesOptions
Transaction/ Turnover ChargesNSE - 0.00345% BSE - Charges vary as per the scrip groupNSE - 0.00345% BSE - Charges vary as per the scrip groupNSE - 0.002% BSE - Nil or 0.05% of Traded ValueNSE - 0.053% (on premium) BSE - Nil or 0.05% of Traded Value
Clearing Member ChargesNILNILNSE & BSE - 0.00025% Physical Delivery - 0.10%NSE & BSE - 0.00025% Physical Delivery - 0.10%
GST18% on Brokerage Transaction & CM Charges18% on Brokerage Transaction & CM Charges18% on Brokerage Transaction & CM Charges18% on Brokerage Transaction & CM Charges
STT₹100 per Lacs (0.1%) on Buy & Sell₹25 per Lacs (0.025%) on Sell Side₹10 per Lacs (0.01%) on Sell Side₹50 per Lacs (0.05%) Sell-Side (on premium)
SEBI Charges0.00010% of turnover0.00010% of turnover0.00010% of turnover0.00010% of turnover
Stamp DutyAs ApplicableAs ApplicableAs ApplicableAs Applicable

Demat Account Definition

A Demat account is a digital account where you can electronically store the shares you have bought or inherited. Earlier, trading in stock market was cumbersome, as it involved paperwork, and it was expensive, owing to high charges. With digitization, and introduction of Demat Account, now trading has become swift and affordable. Moreover, Demat Account opening charges are minimal, and some Depository Participants offer it for free. Today, retail investors with smaller capital can participate in share market , thanks to Demat Account. With a Demat Account, you can securely store your owned shares, as this prevents any loss or damage. It is easy to open a Demat Account online and only in a few steps. You can store all kinds of securities like bonds , ETFs, mutual funds, and shares. Opening a Demat account was a tedious and expensive task in the yesteryears, however, with online stockbrokers like Bajaj Broking, you can open a Demat and Trading A/c for free.

How Does Demat Accounts Work Online?    

A Demat Account helps to eliminate the risk of holding securities in the physical form. It is convenient for an investor to view and track all the holdings at one place in the Demat Account. Investors can open a Demat Account by visiting the website of any Depository Participant (DP). Some DPs do not levy any demat account opening charges and investor can open the Demat Account for free.
 

A Demat account stores the shares digitally. Every time you buy a share, a digital copy of the share is stored in the Demat account. This makes the process of buying and selling shares in the stock market simple. With an online Demat account you can hold multiple forms of securities in one place, and it also helps you track every share that you have bought in one view. A Demat account is registered with all the governing and monitoring bodies like the exchanges, SEBI, and depositories to ensure a secure and smooth experience for you.
 

The way a Demat Account works is as follows- an investor places order in the stock exchange to buy a share at a specific price and quantity. The exchange searches another investor who has placed order to sell shares at the same price. Once there is a match, the order is executed, and the associated exchange of shares and money is settled through the clearing corporation. The buyer gets the shares credited in demat account after T+2 days where T is the day of transaction. The record of purchase date and buy price is recorded and can be readily accessed by logging in to the Demat Account.

Why Choose Bajaj Broking?

Bajaj Broking is a 100% subsidiary of Bajaj Finance Limited, a reputed name in the finance sector for decades and one of the largest retail asset financings NBFCs in the country. Bajaj Broking’s endeavour is to make stock market investment accessible to larger masses. Bajaj Broking has a Corporate Credit Rating of ‘CCR AAA/Stable’ from CRISIL – indicating its strong liquidity position and the ability to withstand difficult economic conditions.
 

At Bajaj Broking, customers get the benefit of low brokerage rates in the industry. Brokerage can get as low as ₹10 order, for trading in all segments (intraday, delivery, futures & options). Bajaj Broking keeps in mind the interest of both traders and investors. It offers its services through the Bajaj Broking Trade App and its website. Along with one of the lowest brokerage fees in the industry, it has diverse offerings for investors:
 

1. Low Brokerage Rates

Brokerage charges can be a significant expense for investors. While full-service brokers typically charge high brokerage fees, ranging from 0.25% to 0.50% of the transaction value, Bajaj Broking sets itself apart by offering much lower rates in the discount broking space.
 

Bajaj Broking offers brokerage as low as ₹10 per order. For equity delivery trades, it offers ₹0 brokerage under all subscription packs. The Professional Pack subscription plan, priced at ₹2,499 per annum, provides intraday and F&O trades at just ₹10 per order, including GST with no AMC charges for the first year.
 

For those looking for a more cost-effective option, the Freedom Plan offers free account opening, with no AMC charges for the first year. From the second year onwards, charges are ₹431, and even under this free plan, intraday and F&O trades are charged at ₹20 per order.
 

To illustrate the impact of brokerage costs, consider an options trader who takes five trades daily across 20 trading sessions in a month. With a brokerage fee of ₹20 per trade, the monthly cost would be ₹2,000, and over a year, this adds up to nearly ₹24,000. By choosing a plan with lower brokerage rates, traders can reduce these costs. 
 

2. Margin Trade Financing at low-interest rates

Bajaj Broking offers a Margin Trading Facility (MTF) at low interest rates, allowing investors to increase their buying power by up to 4x. This feature is especially beneficial for traders with limited initial capital, enabling them to take larger positions in their desired stocks.
 

With MTF, you can take advantage of attractive stock prices without the full capital upfront, paying only the margin amount. Later, when you have fresh capital, you can convert the MTF order to a regular delivery order by paying the remaining balance. The broker charges interest only for the days the position is carried out, making it a flexible and cost-effective option.
 

Combined with Bajaj Broking's low ₹10 per order brokerage, this feature minimizes sunk costs, allowing you to maximize your investment potential.
 

3. Building a Long-Term Portfolio with Expert-Backed Research

Bajaj Broking continuously enhances its offerings to meet customer needs. A key feature is the daily stock recommendations provided by the Bajaj Broking research desk. These recommendations cover both cash and derivatives segments, helping users make more informed decisions when selecting stocks.
 

By leveraging expert-backed research, investors can navigate the market with greater confidence and build a long-term portfolio that aligns with their financial goals. Coupled with minimized demat account charges and a range of investor-friendly features, Bajaj Broking makes the stock market more accessible and advantageous for a broader audience.

Conclusion

Opening a demat account with Bajaj Broking offers a comprehensive and transparent fee structure. Whether you're concerned about opening charges, maintenance fees, or brokerage costs, Bajaj Broking provides competitive rates that cater to both new and experienced investors. Understanding demat account charges ensures that you're fully informed before you start investing. Bajaj Broking not only offers affordable solutions but also a seamless experience with a variety of features to enhance your investment journey. Choose a platform that values transparency, convenience, and long-term savings for every investor.

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Frequently Asked Questions

Is there any zero brokerage for demat accounts?

Answer Field

Yes, Bajaj Broking offers zero brokerage for certain account types and transactions during promotional periods. Customers are encouraged to check for the latest offers and promotions on the website.

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