How to Open Bajaj FinServ Demat Account in 15 Minutes

Bajaj FinServ has launched its new Demat Account Opening facility. This service allows customers to access their Demat accounts online through their website.

If you want to invest in the Indian stock market, you need to open a demat account with a broker. One such broker is Bajaj finserv, which offers a range of financial services, including a demat account. In this article, we will look at how to open a Bajaj finserv demat account.

Open Bajaj FinServ Demat Account

To open a Bajaj finserv demat account, you need to fill an online application form. You must provide your personal information as well as your contact details. After submitting the form, a Bajaj finserv representative will contact you to complete the account opening process.

Once your account is opened, you can trade in the Indian stock market. You can buy and sell stocks and monitor your portfolio. Bajaj finserv also offers a range of other services such as mutual funds and insurance.

Customers can now use this facility without visiting any Bajaj FinServ branch. They can just visit the website and follow the instructions.

How to open a Demat account?

To open a demat account, customers need to visit and click on the “Demat Account” option. After that, they have to enter their PAN number and other details like name, address, email address, mobile number, etc. Then they have to select the type of account (Individual/HUF) and then proceed.

To open a Bajaj Finserv Demat account, customers need to complete the following steps:

Total time: 15 minutes

1. Open your Demat account with BFSL online

Open your Demat account with BFSL (Bajaj FinServ) through online mode only.

2. Visit their website


3. Click the Open Account button

Now after visiting the website, click on the Open Account button.

4. Complete the account opening form

Fill out the account opening form with the correct details such as name, address, pan and bank details.

5. Click the send button

After completing the form, click on the submit button.

6. Choose a subscription

You must choose one of the three plans (more on this topic below).

7. Provide KYC Documents

The next step to opening a Demat account is KYC. This means that you must provide information about yourself such as name, proof of address, PAN card, etc.

8. Video Verification

Personal video verification that requires you to read and upload a script by them.

9. Review & E-sign

Simply review every piece of information and then electronically sign the form and validate with top.

10. Retrieve login details

You are almost done with the process, submit the form now and BFSL will send you login details as soon as possible.

11. Add Funds and Start Trading

Once you sign up, you can start adding funds to your newly created BFSL Demat account and start trading. Buy company shares or invest in your favorite mutual funds.

Bajaj Financial Security Limited Demat Account Fee

BFSL Demat Account

Bajaj Finserv offers a Demat account with a number of features and benefits. However, there are fees associated with this account. Let’s take a look at the different costs you can incur.

Fees for opening an account with Bajaj Financial Security Limited:

The cost of opening an account for a Bajaj Finserv Demat account is zero. These are absolutely not fees that you have to pay the moment you open your account. But from the second year, you have to pay a minimum of Rs 431 per year in subscription fee.

Annual maintenance costs:

The annual maintenance fee for a Bajaj Finserv Demat account is completely free. But there is a recurring fee that you have to pay every year.

Bajaj finserv demat account brokerage fees:

The transaction fees for a Bajaj Finserv Demat account vary depending on the type of transaction. For example, the cost of a delivery of shares is 0.10% per trade, while the cost of futures and options trades (F&O) is Rs. 17 per order.

Other costs:

The above cost is only for the liberty plan, for the other two plans for professional and privilege club, the cost is Rs 10 and Rs 5 for stocks and F&O. MTF interest rates are 12% and 8.5% respectively.

Subscription Plans for Bajaj Financial Security Limited Demat Account:

Currently, there are three types of plans for their clients.

Freedom PackProfessional PackPrivilege Club

Let’s take a look at the benefits of each of the plans.

CostFreedom PackProfessional PackBajaj Privilege ClubPlanning CostRs 431Rs 2,500Rs 9,999AMCFREEFREEquity Delivery0.10%Rs 10Rs 5F&ORs 17/OrderRs 10Rs 5MTFNot Applicable12% interest8.5% interestBajaj Financial Security Limited Demat Account Subscriptions

Benefits of Bajaj finserv demat account:

No Account Opening Fee Zero AMC The first year you will get their Basic plan for free i.e. Freedom plan worth Rs 431 for free. Low brokerage fees with other full service brokers in India Both web based version and mobile trading app for users.

How to close Bajaj finserv demat account

Bajaj Finserv Demat account can be closed by following the steps below:

Visit the Bajaj Finserv website and login to your account.Click on the ‘My Accounts’ tab and select the ‘Demat Account’ option.Click on the ‘Close Account’ button.Fill in the required details and submit the form.Your Bajaj Finserv Demat account will be closed within 24 hours.

Bajaj finserv demat account review:

Well, BFSL offers full brokerage services, which are definitely not recommended for beginners. You must be well versed in stock trading to sign up for these types of stock brokers.

Apart from that, the brokerage fees are one of the lowest in India. They provide a clean and intuitive trading dashboard that is easy to navigate and use. If you are away from your laptop/desktop, you can also use their mobile app to trade.

Bajaj Financial Security Limited Demat Account Customer Service Number: 08698010101. You can contact them at this number.


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