Trade at flat Rs. 5/order | Open free* Demat & Trading Account Now

In today’s digital times, opening a Demat account is just a matter of a few clicks. You can easily open a Demat account online as most Depository Participants (DPs) provide this service directly from their web platform or mobile application.

It’s beneficial for investors to open a Demat account as it helps store shares, securities, and other investments. All you have to do in order to open a Demat account is fill out the online application form. There are only a few documents required for Demat account opening like a PAN Card, proof of address, proof of identity, and proof of bank account.

Features & Benefits of Opening a Demat Account with Bajaj Financial Securities Limited

With the help of a Demat account, also known as dematerialized account, investors can hold, maintain and track their securities, shares, or other investments in an electronic form. It helps to keep all your investments in one place and transact easily on the go.

Demat Account Opening Charges

Free*

Brokerage Charge

Rs. 20/ order*

Application Process

Online within 15 minutes

Demat AMC

Free

Trading Products

Equity/Derivatives/Margin Trade Funding

Take a look at some of the features and benefits you can avail of when you open a Demat account online with Bajaj Financial Securities Limited:

 

1.Paperless journey – You can open a Demat account with an end-to-end online process. There is no need to get into excessive paperwork which saves customers a lot of time.

 

2.Online access- Opening a Demat account online with Bajaj Financial Securities Limited will give you access to your account on web platform and mobile application. You can access it from anywhere, anytime, and continue seamless trading on the go.

 

3.Free account – With the Bajaj Financial Securities Limited Freedom subscription plan, you can open a free Demat account online.

 

4.Multiple products – Invest in various products such as shares, bonds, IPOs, and more with your Demat account.

 

5.Updates – Bajaj Financial Securities Limited’s BFSLTRADE app is constantly updated with the latest technological innovations in the market. Account holders can enjoy several benefits and the latest features on the online platform.

 

6.Low brokerage- Enjoy competitive brokerage rates using the Demat account of Bajaj Financial Securities Limited.

 

7.Customer support – If you have any queries or need further clarity with your investments, you can easily reach out to Bajaj Financial Securities Limited’s customer care team. Alternatively, you can visit the self-service portal, called Samadhan, designed to empower you to make changes in your contact details, linked bank account, segment addition or subscription pack upgradation.

Steps to Open a Demat Account

Let’s take a quick look at the steps you can follow to open a Demat account online:

 

Step 1: Visit the account opening link of Bajaj Financial Securities Limited

 

Step 2: Now, you can fill out the application to open a new Demat account by providing your full name, email, PAN, and other necessary details.

 

Step 3: Enter your address, as mentioned on your address proof documents (like your Aadhaar card)

 

Step 4: Mention your bank account details that you wish to link to your new Demat account.

 

Step 5: Next, you need to upload a soft copy of your KYC documents. – like PAN, Aadhaar, photographs, signature, etc.

 

Step 6: To complete your in-person verification, record a short video of yourself.

 

Step 7: Now, e-sign your application via your Aadhaar linked mobile number and click on ‘Submit’.

 

Step 8: Review and submit your application. Ensure you’ve entered your details correctly before you submit your application.

 

Step 9: Once your verification is completed successfully, your Demat account will be opened, and you will receive the login credentials in no time.

Unique 16-digit Demat Account Number

The Demat account number is unique to every investor just like you have a unique bank account number. Demat Account Number is a 16-digit number that every account holder receives when he or she opens a Demat account.

Subscription plans of Bajaj Financial Securities Limited

Every Demat account holder has different way of investing, and their investment frequency and amount would vary. Some prefer to buy shares for the long term, while others like to take intraday positions. There can be differences in the instrument used for trading, like some prefer equity, while some take more interest in derivatives.

To serve the needs of every customer, Bajaj Financial Securities Limited provides the following subscription packages, each with its own unique features and benefits.

Pack Name

Brokerage (Delivery)

Brokerage (Intraday & Futures -Options)

Margin Trade Funding Interest Rate

Subscription Charge

Freedom Pack

Rs. 20 per order

Rs. 20 per order

18% p.a.

Free (1st year), Rs.431 p.a. 2nd year onwards

Professional Pack

Rs. 10 per order

Rs. 10 per order

12.5% p.a.

Rs. 2500 p.a.

Bajaj Privilege Club

Rs. 5 per order

Rs. 5 per order

Lower Interest Rates

Rs. 9999 p.a.

Demat Account Charges & Fees

Normally, there are no Demat account charges for opening an account, however, there are some other charges associated with Demat Account. Take a look at some of the Demat account charges applicable to Bajaj Financial Securities Limited Demat Account:

Type

Charges

Account opening

Nil

AMC – Annual Maintenance Charge

Nil

Off-market transfer (within Bajaj Financial Securities Limited)

Rs. 30 or 0.0002% of the transaction value (whichever is higher) + applicable taxes

Off-market transfer (outside Bajaj Financial Securities Limited)

Rs. 30 or 0.0002% of the transaction value (whichever is higher) + applicable taxes

Pledge/Closure/Unpledged/Invocation

Rs. 35 + applicable taxes

Physical CMR/DIS request

First request is free. Thereafter, Rs. 50 + Rs. 100 (courier charge) + applicable taxes

Dematerialization request

Rs. 50 per request + Rs. 50 per certificate

Rematerialization request

Rs. 35 per certificate or 100 shares and part (whichever is higher), and Rs. 25 per restate of account redemption statement

*The rates and charges in the above table are subject to change as per Bajaj Financial Securities Limited terms and conditions and government regulations.

Facilities Offered by a Demat Account

There are many advantages of opening a Demat account, from converting your existing physical shares into digital form to tracking your shareholdings online. Here is a list of facilities that a Demat account can offer:

 

  • Demat account helps you store your Mutual Funds, Shares, Bonds, and other investments in digital form.

  • Your financial instruments are safe as a Demat account is secure, compared to storing or keeping physical investment certificates at home.

  • Every Demat account holder, who wants to apply for an Initial Public Offering i.e., of any company, requires a Demat account to do so.

  • You can transfer your existing shares faster and more efficiently with a Demat account, as it is a completely online process.

  • Demat account offers you a dematerialization facility, wherein a physical share certificate can be converted to digital mode to store in your Demat account. It also offers you Rematerialization facilities, wherein your shares can be converted back to physical form, i.e., paper certificates.

  • You can make Off-Market Transfers with a Demat account, to other Demat account holders, without routing it via the share market.

  • With the Pledging feature, a Demat account holder can offer existing shares as security and avail of trading limits.

Reasons to Choose Bajaj Financial Securities Limited to Open a Demat Account

Here are some reasons why opening a Demat account with Bajaj Financial Securities Limited is your best bet:

 

  1. Registered DP: Bajaj Financial Securities Limited is a registered DP, i.e., Depository Participant with the NSDL and CDSL. It is a registered stockbroker with BSE and NSE.

  2. Brand Name with a Rich Legacy: Bajaj Financial Securities Limited is a 100% subsidiary of Bajaj Finance Ltd – a company that has established its trust and legacy in the market for decades.

  3. Pan India presence: Bajaj Financial Securities Limited has a wide network of branches in all the major cities of India and is easily accessible to one and all. Apart from the seamless digital platform, customers can also opt to visit one of the nearest branches seamlessly too.

FAQs on Demat Account Opening

  • ✔️What are the charges for opening a Demat account?

    Usually, you can open a Demat account for free. However, some Depository Participants (DPs) might charge a nominal account opening fee, Annual Maintenance Charge (AMC), or other processing fees. With Bajaj Financial Securities Limited, you can open a Demat & Trading account completely free by opting for the Freedom subscription pack.

  • ✔️What are the documents required for opening a Demat account?

    To open a Demat account online, here is a list of basic documents you must have handy - PAN Card, recent photograph, proof of address, i.e., Aadhar Card, Voter ID, Passport, Driving Licence (Any one document), signature on plain paper, and your existing bank accountdetails.

  • ✔️Who can open a Demat account?

    Any citizen of India who is 18 years of age and above can open a Demat account online by providing a valid PAN card, address proof and a bank proof, such as, the copy of canceled cheque for registering the bank account

  • ✔️Is the nomination facility available in a Demat account?

    Yes, every Depository Participant (DP) provides their Demat account holders with the facility to add a nominee. This is a voluntary feature and not a compulsion for every account holder.

  • ✔️Can the Demat account be transferred?

    Shares held in a Demat account can be transferred to another Demat account, however, the ownership of a Demat account cannot change. Demat account holders can appoint a nominee who is entitled to receive the assets in case of unfortunate demise of the original account holder. 

  • ✔️Can we withdraw money from the Demat account?

    Yes, you can withdraw money by placing a fund withdrawal request on your Demat and trading application. Fund transfer can take time as the Risk Management teams of various brokerage houses have to sign off the clearance.


  • ✔️ Can I apply for IPOs using a Demat account?

    Yes, an investor must hold a Demat account to place a request for applying in an IPO, i.e., Initial Public Offering.