73 brokers measured in Indiabroker data checked 27.08.2026
Bajaj Broking logoBajaj BrokingBajaj Financial Securities Ltd. (subsidiary of Bajaj Finance Ltd.).

Bajaj Broking in India — review, licence and costs

Written and checked by the Rupee Desk editorial team · how we score ·  score recalculated 01.10.2026
yesAccepts residents of IndiaOpened by Bajaj Broking (India) Pvt. Ltd., SEBI licence INZ000218931, register checked 09.07.2026

Score (3 of 6 axes scored)

—/ 5.0

shown, not ranked: only 40% of the weight has data, need 55%

  • Safety20%100
  • Track record10%35
  • Platforms10%0

Numbered by weight: axis 1 counts for most.

2 + 3 × 0.751 = 4.25 · axes on 0–100, total on 2.0–5.0

Key facts (4 facts)

Onboarding entity
Bajaj Financial Securities Ltd. (subsidiary of Bajaj Finance Ltd.).
Founded
2019
Currencies
INR.
Swap-free account
no

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

Licence check

SEBI INZ000218931; BSE Member ID 6706, NSE Member ID 90177 (Cash/F&O/CDS); DP IN-DP-418-2019 (CDSL 12088600 / NSDL IN304300); AMFI ARN-163403.
INZ000218931
Number listed on the registerchecked 09.07.2026sebi.gov.in
Open an account with Bajaj Broking

The broker's own website. Not a partner link — we earn nothing from it.

Screenshot of the Bajaj Broking website
Bajaj Broking's own site, captured for this review (06.10.2026)

Who actually onboards you

Entity that onboards India residents
Bajaj Financial Securities Ltd. (subsidiary of Bajaj Finance Ltd.).
Local standing
SEBI-regulated domestic broker.
Licence as the register states it
SEBI INZ000218931; BSE Member ID 6706, NSE Member ID 90177 (Cash/F&O/CDS); DP IN-DP-418-2019 (CDSL 12088600 / NSDL IN304300); AMFI ARN-163403.
Leverage for this entity
Intraday margin; MTF (Margin Trade Financing) offered; under SEBI peak-margin rules.
The firm behind it
Broking arm of Bajaj Finserv/Bajaj Finance group; Bajaj Financial Securities corporate trading & clearing member of BSE; in-house SEBI-registered research team.
What we hold against it
No major SEBI actions verified at review.

Leverage by entity

The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.

The entity that onboards youBajaj Financial Securities Ltd. (subsidiary of Bajaj Finance Ltd.).Local or offshore not stated in the source · SEBI licence

Intraday margin; MTF (Margin Trade Financing) offered; under SEBI peak-margin rules.

—IN
India median, local entities: 1:50 · 18 of 20 stated

Scale from 1:10 to 1:3000, logarithmic.

Client protection

  • Local entity onboards youSEBI-regulated domestic broker.
  • Regulator warning on filenone found

— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.

Accounts

Account types the broker names for this country: Demat+Trading, subscription packs (Freedom, Professional). The figures below are the broker's own and do not differ by account in any source we captured.

Swap-free account terms

Terms read from the account page on 01.10.2026. The cap on open positions is not published.

Where Bajaj Broking sits in the India base(90 brokers)

Round-turn cost, USD (65 of 90 priced)

1<2.5
125
317.5
710
612.5
415
4>15

Median 7 USD · range 2-18 · 25 of 90 brokers do not publish it

Minimum deposit, USD (16 of 90 priced)

15<200
0400
0600
0800
1>800

Median 15 USD · range 0-1000 · this broker 0 USD · 74 of 90 brokers do not publish it

Retail leverage (49 of 90 with a India figure)

29<1k
102k
63k
34k
1>4k

Median 1:500 · range 20-5000 · 41 of 90 brokers do not publish it

Withdrawal time published (90 brokers)

6of 73
Published, hours6not published38Bajaj Broking is one of the 6

Payouts(1 method)

MethodDeposit, hWithdrawal, hFee, USDMin, USD
UPI24—050

Deposit and withdrawal methods (1 methods · 1 local)

UPI, net-banking.

  • UPIlocal
Account currency
INR.
Fee declared
1 of 1 methods
Withdrawal back to
the funding method

Where it does not serve(1 countries)

United States

From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.

Platforms and markets(2 platforms)

  • Bajaj Broking app
  • web platform
ClassLeverage
Bajaj Broking app—IN
web platform—IN

Pros and cons(3 for and 4 against, each tied to a figure on this page)

For
  • Locally authorised, licence INZ000218931, read on 09.07.2026
  • Min deposit 0 USD, under the India median 15
  • Safety 100 of 100, its strongest of 3 scored axes
Against
  • Round-turn cost not priced: the pair of spread and commission is not published
  • Withdrawal time not published
  • Platforms 0 of 100, its weakest of 3 scored axes
  • Not scored on reviews, round-turn cost, payouts: the broker publishes no figure we could read

Alternatives in India(6 of 90 scored in India)

4.14
Interactive Brokers
Locally licensed
Round turn, USD
5IN
Min deposit, USD
0 groupIN
Rank in this country
#2
4.01
Finvasia
Locally licensed
Round turn, USD
4IN
Rank in this country
#4
3.7
Capital.com
Licensed elsewhere
Round turn, USD
7IN
Min deposit, USD
10 groupIN
Rank in this country
#26
2.71
Doto
Licensed elsewhere
Round turn, USD
10IN
Min deposit, USD
15 groupIN
Leverage
500 group
Rank in this country
#61
4.06
Fusion Markets
Licensed elsewhere
Round turn, USD
4.5IN
Min deposit, USD
0IN
Leverage
500IN
Rank in this country
#3
3.82
BlackBull Markets
Licensed elsewhere
Round turn, USD
6IN
Min deposit, USD
0 groupIN
Leverage
500IN
Rank in this country
#15

Methodology(6 axes · formula v1.0)

Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology

AxisWeightWhat is measuredBajaj Broking
Reviews25%Rating, volume and recency on one public review platform—
Round-turn cost20%Round turn on 1 lot EURUSD: spread plus commission, against the country median—
Safety20%Local authorisation, the entity that onboards you, any regulator warning100
Payouts15%Published withdrawal time, fees and the methods available in the country—
Track record10%Years since the firm was founded, from its own filings35
Platforms10%Which trading platforms the broker confirms for this country0

— the broker does not publish this figure; it is not read as a zero and it is not scored.

FAQ

Does Bajaj Broking accept residents of India?
Yes. SEBI-regulated domestic broker. Onboarding entity: Bajaj Financial Securities Ltd. (subsidiary of Bajaj Finance Ltd.).
Is Bajaj Broking licensed to serve clients in India?
SEBI INZ000218931; BSE Member ID 6706, NSE Member ID 90177 (Cash/F&O/CDS); DP IN-DP-418-2019 (CDSL 12088600 / NSDL IN304300); AMFI ARN-163403. Checked on 09.07.2026.
Which trading platforms does Bajaj Broking support?
Bajaj Broking app, web platform. Instruments: Equity, F&O, currency, mutual funds, bonds, IPO, MTF.
How can I withdraw money from Bajaj Broking in India?
UPI, net-banking.
What account types does Bajaj Broking offer?
Demat+Trading; subscription packs (Freedom, Professional).
Does Bajaj Broking offer a swap-free (Islamic) account?
No. Bajaj Broking publishes no swap-free (Islamic) account for India.

Verified · Sources

Verified01.10.2026
next review 01.01.2027