The Indian stock market has become one of the key marketplaces where individuals can invest their savings with the potential for growth. It offers a variety of opportunities for investors to diversify their portfolios and aim for long-term financial gains. Many successful investors began with small investments and, over time, steadily increased their contributions. By making informed trading decisions and leveraging market trends, they have been able to gradually build and enhance their portfolios. This steady, disciplined approach to investing in the stock market underscores the potential benefits of strategic and well-researched trading activities.
However, for investors just starting in the stock market, choosing an ideal stockbroker to open a Demat account is the most important step before trading. As there are numerous stockbrokers, analysing and comparing all of them becomes highly difficult.
What Is A Demat and Trading Account
A Demat account is a digital account that you must open with a stockbroker to hold securities such as shares, eliminating the need for physical share certificates. Dividends, bonuses, and interest earned on your holdings are credited directly to your Demat account.
A trading account facilitates the buying and selling of securities by connecting your Demat and bank accounts. To trade, you need to open both the Demat and trading accounts with a licensed stockbroker such as Bajaj Broking.
What Are the Key Features of Trading on the Bajaj Broking Platform
There is much more to trading than just buying and selling securities to make profits. It is the platform that you choose to execute your trades that are vital, and it should have unique features to aid the process of trading. Imagine if you want to place a time-sensitive order immediately and your platform witnesses technical glitches.
The Bajaj Broking platform ensures that your trading experience is seamless by providing these key features:
Margin Trading Facility At Competitive Interest Rates
Bajaj Broking platform allows its trading and Demat account holders to Buy Now Pay Later. It means that the investor can borrow up to a certain amount based on the value of the securities in their trading account. The interest rates are competitive, allowing you to increase the buying power by up to four times.
Investment Advisory Through Stock Baskets
Identifying and researching numerous stocks to make a trading decision is always a hassle. With Bajaj Broking, you get curated stock baskets that provide a collection of well-researched stocks. You can use your trading and Demat account to invest in these stock baskets without having to research stocks extensively to add to your portfolio.
Research Support and Market Insights
Bajaj Broking makes the trading process effective through its daily in-house stock research.
How To Open A Trading and Demat account with Bajaj Broking
Follow these steps to open a Demat and trading account with Bajaj Broking
Step 1: Visit the Bajaj Finserv website and click ‘Trade now’.
Step 2: Enter your mobile number and email ID and validate both using the OTP sent on your mobile number.
Step 3: Provide details such as PAN card number, gender, income range, and father’s name.
Step 4: Enter your bank details, which will be used for all future transactions.
Step 5: Add your address and upload all the required documents.
Step 6: Record a live video for in-person verification.
Step 7: E-sign the application form through an Aadhaar-linked mobile number.
Step 8: Submit the application for verification. After successful verification, you can trade through the trading and Demat account.
Conclusion
Trading is the process of buying and selling securities to earn a profit. However, it is important that you trade using a platform that keeps the needs of the users first to ensure that the trading process is effective and seamless. The Bajaj Broking Platform is one such trading platform that can help you streamline your trading process.
Take the Next Step with Bajaj Broking:
Do not miss the opportunities the stock market presents. Open your Demat and trading account with Bajaj Financial Securities Limited today. Happy investing!
Bajaj Broking Subscription Plans
Enjoy lower brokerage and MTF rates with premium subscriptions.
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. |
Brokerage will not exceed the SEBI prescribed limit.
Disclaimer:
Investments in the securities market are subject to market risk, read all related documents carefully before investing.
REG OFFICE: Bajaj Auto Limited Complex, Mumbai –Pune Road Akurdi Pune 411035. Corp. Office: Bajaj Broking., 1st Floor, Mantri IT Park, Tower B, Unit No 9 &10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID:6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN –163403.
Website: https://www.bajajbroking.in/
Research Disclaimer:
Broking services offered by Bajaj Financial Securities Limited (Bajaj Broking)
Research Services are offered by Bajaj Financial Securities Limited as Research Analyst under SEBI Registration No.: INH000010043.Kindly refer to www.bajajbroking.in for detailed disclaimer and risk factors
Details of Compliance Officer: Ms. Kanti Pal (For Broking/DP/Research) | Email: compliance_sec@bajajfinserv.in/Compliance_dp@bajajfinserv.in | Contact No.: 020-4857 4486
Investment in the securities involves risks, an investor should consult his own advisors/consultant to determine the merits and risks of investment.
MTF Disclaimer:
As subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the lights and obligations statement issued by the TM (if applicable).