Bajaj Finance Limited (BAJFINANCE)

Trading Charges & Brokerage Comparison · NSE

Best MTF Rate
22.07% on Paytm Money
Loading chart...

Brokerage Charges for BAJFINANCE

All 12 brokers compared. Scroll the table sideways for more brokers.

ChargeUpstoxZerodhaGrowwDhanKotakPaytmPocketfulFyersA. RathiBajaj BrkBajaj FinShare Ind
Delivery Brokerage₹20 per executed order₹0 (Free)₹20/order or 0.1%₹0 (Free)₹20/order or 0.1%0.1% of trade valueMinimal broker charges, no hidden fees.₹20/order or 0.03%see planplan-basedLower brokerageplan-based
Intraday Brokerage₹20 per executed order or 0.1%₹20/order or 0.03%₹20/order or 0.1%₹20/order or 0.03%₹20/order or 0.1%0.1% of trade valueMinimal broker charges, no hidden fees.₹20/order or 0.03%see planplan-basedLower brokerageplan-based
MTF Margin Required29.07%24.8%24.86%23%22.08%22.07%29.07%30.3%29.07%N/AN/A29.16%
MTF Interest Rate~14.99%~14.60%14.95%~12.49%9.69% p.a.7.99% p.a.5.99% p.a.12.49% p.a.~14.99% p.a. (verify)11.99% p.a.Low interest rate~14.99% p.a. (verify)
Pledge Charges₹10/scrip₹30 + GST₹10/scrip₹0-10/scrip₹20 + GST per ISIN₹20/- per Transaction₹20 + GST per ISIN₹20 + GST per ISINper ISINper ISINper ISINper ISIN
Max Holding PeriodUnlimitedUnlimited (maintain margins daily)Unlimited (maintain margins)Unlimited Holding PeriodNo Time LimitUnlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)Unlimited (maintain margins)365 daysUnlimited (maintain margins)Unlimited (maintain margins)

Cost of Buying ₹1,00,000 of BAJFINANCE

Equity Delivery (Buy + Sell)

Brokerage₹0 - ₹200
STT (0.1% × 2)₹200
Exchange Charges₹6.90
GST (18%)₹1.28
Stamp Duty₹15.00
SEBI Fee₹0.20
DP Charges₹15.93
Total Cost₹239 - ₹439

Brokerage varies by broker - Zerodha and Dhan still ₹0

Intraday (Buy + Sell)

Brokerage (₹20 × 2)₹40
STT (0.025% sell)₹25.00
Exchange Charges₹6.90
GST (18%)₹8.48
Stamp Duty₹3.00
SEBI Fee₹0.20
Total Cost₹84

₹20/order is the standard discount-broker rate

MTF Cost for ₹1,00,000 of BAJFINANCE (30 Days)

BrokerMarginYou PayBroker FundsInterest (p.a.)30-Day Cost
Pocketful CHEAPEST29.07%₹29,070₹70,9305.99%₹349
Paytm Money 22.07%₹22,070₹77,9307.99%₹512
Kotak Neo 22.08%₹22,080₹77,9209.69%₹621
Fyers 30.3%₹30,300₹69,70012.49%₹716
Dhan 23%₹23,000₹77,00012.49%₹790
Share India 29.16%₹29,160₹70,84014.99%₹873
Upstox 29.07%₹29,070₹70,93014.99%₹874
Anand Rathi 29.07%₹29,070₹70,93014.99%₹874
Zerodha 24.8%₹24,800₹75,20014.6%₹902
Groww 24.86%₹24,860₹75,14014.95%₹923

FAQs - BAJFINANCE Trading Charges

What are the brokerage charges for buying BAJFINANCE?
For equity delivery, Zerodha and Dhan charge ₹0 brokerage on BAJFINANCE. Upstox charges ₹20 per executed order (or 2.5% of trade value, whichever is lower) on its default plan, and Groww charges ₹20 per order (or 0.1% of trade value, whichever is lower). Most other brokers offering MTF on BAJFINANCE, including Kotak Neo, Paytm Money, Pocketful and Fyers, charge around ₹20 per order. For intraday trading, brokerage is ₹20 per order or 0.03-0.1% of turnover, whichever is lower, at most discount brokers. The table above compares all 12 brokers. Regulatory charges (STT, exchange, GST, stamp duty) are additional.
What is the total cost of buying ₹1 lakh of BAJFINANCE?
On Zerodha or Dhan, a ₹1 lakh delivery purchase of BAJFINANCE costs approximately ₹239 (₹0 brokerage + ₹100 STT + ₹7 exchange charges + ₹15 stamp duty + ₹1 GST + ₹16 DP). On Upstox add ~₹40 brokerage; on Groww add ~₹100 brokerage (0.1% × 2 sides).
Which broker has the lowest MTF margin for BAJFINANCE?
Paytm Money offers the lowest MTF margin for BAJFINANCE at 22.07%, meaning you need to pay only ₹22,070 to buy ₹1,00,000 worth of BAJFINANCE. The broker funds the remaining ₹77,930.
How much STT do I pay on BAJFINANCE?
STT on BAJFINANCE: Delivery - 0.1% on both buy and sell (₹100 per ₹1 lakh each side). Intraday - 0.025% on sell side only (₹25 per ₹1 lakh). F&O Futures - 0.0125% on sell. F&O Options - 0.0625% on sell (on premium). STT is a government charge, same across all brokers.
What are the DP charges for selling BAJFINANCE?
When you sell BAJFINANCE from your demat account, you pay DP charges of approximately ₹15.93 (CDSL ₹5.50 + broker charge ~₹10.43). This applies per scrip per day regardless of quantity - selling 1 share or 10,000 shares costs the same DP charge.
BAJFINANCE MTF Comparison →
Full MTF margin details across brokers
Brokerage Calculator →
Calculate exact charges for any trade
All Broker Charges →
Complete pricing comparison page

View Charges for Other Stocks

BAJAJFINSVRECLTDIRFCPFCSHRIRAMFINCHOLAFIN

Frequently Asked Questions - Brokerage Charges India

Which broker has the lowest brokerage charges in India?
For equity delivery: Zerodha and Dhan still charge ₹0 (free). Upstox charges ₹20/order or 2.5% (whichever lower) on its default plan, and Groww charges ₹20/order or 0.1% (whichever lower) - both moved off free delivery in 2023. Intraday and F&O are ₹20 flat at most discount brokers. MTF interest rates vary: Kotak Neo, Pocketful and Fyers start near ~9.75-10% p.a., Zerodha and Dhan ~12% p.a., Upstox and Groww ~15% p.a. Use Downstox to compare real-time rates across 12 brokers.
What are the hidden charges in stock trading in India?
Beyond brokerage, you pay: STT (Securities Transaction Tax), exchange transaction charges (NSE/BSE), GST (18% on brokerage + transaction charges), SEBI turnover fee (₹10 per crore), stamp duty (state-wise), and DP charges (~₹15.93-₹18.50 per sell transaction depending on broker). These regulatory charges apply equally regardless of which broker you use.
Is zero brokerage really free? What's the catch?
Zero brokerage on equity delivery is genuinely free at Zerodha and Dhan - they earn from other sources like F&O trading, MTF interest, and float income. Upstox and Groww moved away from free delivery in 2023 and now charge ₹20/order on delivery too. Regardless of broker, regulatory charges (STT, GST, exchange fees, stamp duty) still apply. For a ₹1 lakh delivery trade, expect ~₹240-₹340 in total charges depending on broker.
What is STT and how much is it?
Securities Transaction Tax (STT) is a government tax on stock market transactions. Rates: Equity Delivery - 0.1% on both buy and sell sides. Equity Intraday - 0.025% on sell side only. F&O Futures - 0.0125% on sell side. F&O Options - 0.0625% on sell side (on premium). STT is the same across all brokers as it's a government charge.
How do MTF (Margin Trading Facility) charges work?
MTF lets you buy stocks by paying only a fraction (margin) while the broker funds the rest. Charges: interest rate (~12% p.a. on Zerodha and Dhan, ~15% p.a. on Upstox and Groww), pledge charges (₹10-₹30 per scrip), and auto square-off fees if margin drops below minimum. Use Downstox MTF comparison to find the cheapest margin rates for any stock across 12 brokers.
What are DP charges and why do I see them on selling?
Depository Participant (DP) charges are levied when you sell shares from your demat account. CDSL/NSDL charges ₹5.50 per scrip per day, and your broker adds their markup - Zerodha and Dhan charge ~₹15.93 total, Upstox and Groww ~₹18.50. This charge applies per scrip regardless of quantity. Buy-side transactions never attract DP charges.
Upstox vs Zerodha vs Groww vs Dhan - which is cheapest?
For equity delivery: Zerodha and Dhan are cheapest at ₹0 brokerage. Upstox (₹20/order or 2.5%) and Groww (₹20/order or 0.1%) charge for delivery on their default plans. For intraday/F&O: all four charge ₹20/order. MTF rates: Zerodha and Dhan tied at ~12% p.a., Upstox and Groww at ~15% p.a. Account opening is free across all four. Compare stock-by-stock on Downstox for the final answer specific to your trade.
How much tax do I pay on stock market profits?
Short-Term Capital Gains (STCG, <1 year holding): 15% tax. Long-Term Capital Gains (LTCG, >1 year): 10% on gains exceeding ₹1 lakh. F&O profits: Taxed as business income at your income tax slab rate. Intraday profits: Taxed as speculative business income. Dividends: Taxed at your slab rate. TDS of 10% on dividends exceeding ₹5,000.