Manage your stock investments seamlessly
A Demat or Dematerialised account stores shares and securities electronically, simplifying online trading. Previously, shares were exchanged via physical certificates, involving extensive paperwork. The process of dematerialisation started in 1996, converting physical certificates to electronic securities, credited to the investor's Demat account, thus streamlining trading.
Demat Account – Subscription plans
Upgrade to enjoy lower brokerage and MTF rates with premium subscriptions
| Charges |
Freedom Pack |
Professional Pack |
Bajaj Privilege Club |
|---|---|---|---|
Subscription Charges |
Free for 1st year; Rs. 431 p.a. 2nd year onwards |
Rs. 2,500 p.a. |
Rs. 9,999 p.a. |
Brokerage charges (Intraday, Future & Options) |
Rs. 20 per order |
Rs. 10 per order |
Rs. 5 per order |
Margin Trading Fund Interest Rate |
18% p.a. |
12.5% p.a. |
10.75% p.a. |
| Freedom Pack |
Professional Pack |
Bajaj Privilege Club |
|---|---|---|
Subscription Charges |
||
Free for 1st year; Rs. 431 p.a. 2nd year onwards |
Rs. 2,500 p.a. |
Rs. 9,999 p.a. |
Brokerage Charge (Intraday, Future & Options) |
||
Rs. 20 per order |
Rs. 10 per order |
Rs. 5 per order |
Margin Trading Fund Interest Rate |
||
18% p.a. |
12.5% p.a. |
10.75% p.a. |
Features and benefits of Demat account
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Features and benefits of a Demat account
Watch this video to know more about the features and benefits that comes along with the Bajaj Financial Securities Limited Demat account.
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Zero-cost account opening
Open your Demat account for free using the freedom subscription pack of Bajaj Broking. The services are free for the first year. Rs. 431 will be chargeable from second year onwards.
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Lower brokerage
Avail benefits of one of the lowest brokerage rates, starting at Rs. 5 per order*.
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Margin Trade Financing with Demat account
Trade with one of the lowest MTF rates using BFSL Demat account
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Affordable subscription plans
You can choose from three subscription plans while opening your Demat account. This is the Freedom Pack, Professional Pack, and Bajaj Privilege Club.
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Easy access to website and app
You can easily open a Demat account using the Bajaj Broking website or mobile app. You can keep a track on your trading activities.
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100% digital account opening
You can easily open your Demat account online with just keeping your PAN card, address proof and bank details handy.
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Trusted and credible platform
Bajaj Broking is a 100% subsidiary of Bajaj Finance Limited, a trusted brand. Bajaj Finance is an established legacy of trust and credibility in Indian financial market.
Eligibility criteria and documents required
Anyone can open a Demat account with Bajaj Financial Securities Limited if they meet the basic criteria mentioned below. You will need four documents and a photograph handy while opening the account.
Eligibility criteria
- Nationality: Indian
- Age: 18+ years
- Must have an active bank account
Documents required
- PAN card
- Proof of address (Aadhar card, driving license, passport)
- Photograph
- Signature on white paper
- Income proof, for activation of futures and options segment
How to open a Demat account
01:32
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Did you know?
You can store shares of companies in digital form with a Demat account
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Did you know?
You can open multiple Demat accounts by providing the valid documents
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Did you know?
You can avail benefits of the Bajaj Broking Demat account at lower brokerage rates
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Did you know?
You can choose from three subscription plans offered by Bajaj Broking for Demat account
Demat account opening: Fees and charges
Here’s an overview of the fees and charges associated with opening a Demat account with Bajaj Broking
| Type of charge | Charges applicable |
|---|---|
| Account opening charges | Nil |
| Annual maintenance charges | Nil |
| Off-market transfer – within Bajaj Broking* | Rs. 30 or 0.0002% of transaction value, whichever is higher (taxes applicable) |
| Off-market transfer – outside Bajaj Broking* | Rs. 30 or 0.0002% of transaction value, whichever is higher (taxes applicable) |
| Pledge/Unpledge/Closure/Invocation charges | Rs. 35 (taxes applicable) |
| Physical CMR/DIS | First CMR/DIS request is free. Post that Rs. 50 + Rs. 100 courier charges (taxes applicable) |
| Dematerialisation request charges | Rs. 50 per request + Rs. 50 per certificate |
| Re-materialisation request charges | Rs. 35 per certificate or per 100 shares and part thereof whichever is higher, and Rs. 25 per re-state of statement of the account redemption |
*Rs. 30 is chargeable each time an ISIN is debited from your Demat account.
Call and trade charges will be applicable at the rate of Rs. 20 + GST per executed order.
Frequently asked questions
A Demat account or a dematerialised account is used to hold shares and other securities in digital form. It is mandatory to have a Demat and Trading account in India if you wish to trade and invest in the share market.
You can register for a Demat account as an individual or a business or in collaboration with another individual. Given below are the different types of Demat accounts that you can open:
- Single holder Demat account
- HUF Demat account
- Joint holder Demat account
- Corporate Demat account
Yes, the shares held in a Demat account are transferable to other Demat accounts. The account holder has to request the Depository Participant (DP) for the transfer of shares and then complete the necessary formalities.
You can hold various types of securities, like shares, mutual funds, bonds, and ETFs in a Demat account.
Yes, it is mandatory to have a Demat account to apply for an IPO in India. You need to enter the Demat account number at the time of filling out the IPO application.
Yes, it is possible to open a joint Demat account. The account holders have to provide the necessary KYC documents (PAN card, address proof and bank proof).
A Demat account with Bajaj Broking has zero account opening charges. However, subscription charges and brokerage charges are applicable depending on the subscription plan chosen by the investor.
No. It is not compulsory to have a Demat account for SIP. However, with increasing avenues to invest, a Demat is a one-stop-shop for trading in all securities including mutual funds and SIP. Having all your investment through the same account can save you the effort and hassle of maintaining multiple logins and accounts. With a Demat account, you can also view your entire portfolio with periodic updates.
Yes, the process of opening a Demat account can now be done online. Bajaj Broking offers online account opening services, allowing investors to complete the process from the comfort of their home.
No, Demat accounts are subject to various taxes. For instance, when you sell securities held in your Demat account, you will be liable to pay capital gains tax on any profits. Additionally, there may be other taxes such as Securities Transaction Tax (STT) or Goods and Services Tax (GST) that you need to pay when buying or selling securities.
Yes, you can choose to close or deactivate your Demat account if you no longer wish to use it. However, before doing so, you will need to clear any outstanding dues or obligations associated with the account.
Yes, you can transfer your Demat account from one broker to another if you are not satisfied with the services or fees charged by your existing broker. To do so, you will need to fill out an account transfer form and follow the necessary procedures dictated by the depository participant and broker.
Yes, the Demat account opening is free of cost. However, there are a few additional charges applicable like account maintenance charges.
Yes, an NRI can open a Demat account. They need to follow specific regulations and provide the necessary documentation as per RBI and SEBI guidelines.
Yes, you can open multiple Demat accounts with different depository participants, but each must be linked to the same PAN.
No, you cannot withdraw money directly from a Demat account. It is used to hold securities, and funds are managed through the linked bank account.
