Finec | Stock Broker, Sub Broker, Portfolio Management & moreFind a Comparison of Bajaj Securities vs IDBI Direct here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.
This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Bajaj Securities and IDBI Direct.
| Company Overview | Bajaj Securities | IDBI Direct |
|---|---|---|
| Company Type | Public | Public |
| Headquarters | Pune | Mumbai |
| Founder | Sanjiv Bajaj | Nagaraj Garla |
| Establishment Year | 2010 | 1993 |
| Brokerage | Bajaj Securities | IDBI Direct |
|---|---|---|
| Brokerage Plan | Freedom Plan | Standard Plan |
| Subscription Charges | Rs.431 per Year (1st Year Free) | Zero |
| Equity Delivery | Rs.20 per Trade | 0.50% of Transaction Value |
| Equity Intraday | Rs.20 per Trade | 0.05% of Transaction Value |
| Equity Future | Rs.20 per Trade | 0.05% of Transaction Value |
| Equity Option | Rs.20 per Trade | Rs.50 per Lot |
| Commodity Future | NA | 0.05% of Transaction Value |
| Commodity Option | NA | Rs.50 per Lot |
| Currency Future | NA | 0.05% of Transaction Value |
| Currency Option | NA | Rs.50 per Lot |
| Trading Platforms | Bajaj Securities | IDBI Direct |
|---|---|---|
| Android App | Bajaj Securities Android App Link | IDBI Direct Android App Link |
| iOS App | Bajaj Securities iOS App Link | NA |
| Web Trading Platform | Bajaj Securities Web Trading Link | IDBI Direct Web Trading Link |
| Trading Terminal | NA | Available |
| Algo Trading Platform | NA | Available |
| Foreign Stocks Trading Platform | NA | NA |
| Basket Trading Platform | NA | NA |
| Mutual Fund Investment Platform | Available | Available |
| Digital Gold Investment Platform | NA | NA |
| Bonds Investment Platform | NA | NA |
| Trading Features | Bajaj Securities | IDBI Direct |
|---|---|---|
| Wishlist | Yes | Yes |
| Real Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | No | Yes |
| Global indices | No | No |
| Customised Recommendations | No | No |
| Stock tips | Yes | No |
| Interactive charts | Yes | Yes |
| Live market | Yes | Yes |
| Multi Profile Management | No | Yes |
| Robust & Secure Platform | Yes | Yes |
| Offers | Bajaj Securities | IDBI Direct |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes | No |
| Free Brokerage | No | No |
| Flat Brokerage | Yes | No |
| Flexible Brokerage Plans | Yes | Yes |
| Happy Trading Hours | No | No |
| Free Delivery Trading | No | No |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | No | Yes |
| Free Trading calls | No | Yes |
| Referral Offers | Rs.200 per Client | Upto Rs.500 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss Making Trades | No | No |
| Products Provided | Bajaj Securities | IDBI Direct |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | No | Yes |
| Commodity Future | No | Yes |
| Currency Option | No | Yes |
| Currency Future | No | Yes |
| Foreign Stocks | Yes | No |
| Mutual Funds | Yes | Yes |
| Banking | No | Yes |
| Insurance | Yes | Yes |
| Corporate Bonds | Yes | Yes |
| Govt. Bonds | Yes | Yes |
| Digital Gold | No | No |
| Services Provided | Bajaj Securities | IDBI Direct |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3 in 1 Account | No | Yes |
| Stock Research | No | Yes |
| Stock Recommendations | No | Yes |
| Trading Institution | Yes, Samadhan | No |
| Share Pledging | Yes | Yes |
| PMS or PCG | No | No |
| NRI Services | No | No |
| Advisory | Bajaj Securities | IDBI Direct |
|---|---|---|
| Fundamental Reports | No | Yes |
| Research Reports | Yes, chargeable | Yes |
| Company Reports | No | Yes |
| Annual Reports | No | Yes |
| IPO Reports | Yes | Yes |
| Technical Reports | No | No |
| Stock Tips | Yes, chargeable | No |
| Daily Top Stock Picks | No | No |
| Daily Market Review | No | Yes |
| Monthly Review | No | Yes |
| Weekly Review | No | Yes |
| Relationship Manager | Yes, chargeable | Yes |
| Robo Advisory | No | No |
| Exposure | Bajaj Securities | IDBI Direct |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1x |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
| Programs | Bajaj Securities | IDBI Direct |
|---|---|---|
| Sub Broker Program | Yes, Limited | Yes |
| Partner Program | Yes | Yes |
| Referral Program | Yes | Yes |
| Ratings | Bajaj Securities | IDBI Direct |
|---|---|---|
| Overall Rating | 7.75 / 10 | 7.60 / 10 |
| Customer Support | 7.72 / 10 | 7.57 / 10 |
| Technology | 7.84 / 10 | 7.70 / 10 |
| Charges | 7.78 / 10 | 7.63 / 10 |
| Products & Service | 7.71 / 10 | 7.56 / 10 |
| Experience | 7.69 / 10 | 7.54 / 10 |
| Customer Support | Bajaj Securities | IDBI Direct |
|---|---|---|
| Trading Support | Available, Chargeable | Available, Free |
| Dedicated Dealer | Available, Chargeable | Available, Free |
| Call Support | 1800-833-8888 | 022-67719100 |
| Email Support | [email protected] | [email protected] |
| Whatsapp Support | 9607904422 | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | NA |
| Branches / Offices | Available | Available |
| Complaints | Bajaj Securities | IDBI Direct |
|---|---|---|
| Total Complaints Lodged | 21 | 35 |
| Total Complaints Resolved | 14 | 28 |
| % of Resolved Complaints | 66.67% | 80.00% |
| Non Actionable Complaints | 4 | 3 |
| % of Non Actionable Complaints | 19.05% | 8.57% |
| Demat Charges | Bajaj Securities | IDBI Direct |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Free | Rs.350 per Year |
| STT & CTT | Bajaj Securities | IDBI Direct |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | 0.1% on buy & sell |
| Equity Intraday | 0.025% on sell | 0.025% on sell |
| Equity Future | 0.0125% on sell | 0.0125% on sell |
| Equity Option | 0.0625% on sell (on premium) | 0.0625% on sell (on premium) |
| Commodity Future | NA | 0.01% on sell (Non-Agri) |
| Commodity Option | NA | 0.05% on sell |
| Currency Future | NA | Nil |
| Currency Option | NA | Nil |
| Stamp Duty | Bajaj Securities | IDBI Direct |
|---|---|---|
| Equity Delivery | 0.015% on buy | 0.015% on buy |
| Equity Intraday | 0.003% on buy | 0.003% on buy |
| Equity Future | 0.002% on buy | 0.002% on buy |
| Equity Option | 0.003% on buy | 0.003% on buy |
| Commodity Future | NA | 0.002% on buy |
| Commodity Option | NA | 0.003% on buy |
| Currency Future | NA | 0.0001% on buy |
| Currency Option | NA | 0.0001% on buy |
| Transaction Charges | Bajaj Securities | IDBI Direct |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & 0.00375% (BSE) | 0.00345% (NSE) & 0.00375% (BSE) |
| Equity Intraday | 0.00325% (NSE) & 0.00375% (BSE) | 0.00345% (NSE) & 0.00375% (BSE) |
| Equity Future | 0.0019% (NSE & BSE) | 0.002% (NSE & BSE) |
| Equity Option | 0.05% (on premium) | 0.053% (on premium) |
| Commodity Future | NA | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) |
| Commodity Option | NA | 0.05% (Non Agri) |
| Currency Future | NA | 0.0009% (NSE) & 0.00022% (BSE) |
| Currency Option | NA | 0.035% (NSE) & 0.001% (BSE) |
| Pledge Charges | Bajaj Securities | IDBI Direct |
|---|---|---|
| Pledge Creation Charges | Rs.35 per Request | Rs.50 per Request or 0.04% of Value (whichever is higher) |
| Pledge Invocation Charges | Rs.35 per Request | Rs.50 per Request or 0.04% of Value (whichever is higher) |
| Interest on Margin Trading | 0.05% per day | 0.07% per day |
| Hidden Charge | Bajaj Securities | IDBI Direct |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | Rs.10/ Crore (All Segment) |
| DP Charges | Rs.13.5 per Scrip on Sell | Rs.25 per Scrip on Sell |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | 18% on (Brokerage + SEBI + Transaction charges) |
| Account Closure Charges | Nil | Rs.150 |
| Reactivation Charges | Nil | Rs.100 |
| Dematerialisation Charges | Rs.50 per Certificate | Rs.35 per Certificate |
| Call & Trade Charges | Rs.20 per Trade | Free |
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