ANI
25 Jan 2022, 16:55 GMT+10
Pune (Maharashtra) [India], January 25 (ANI/BusinessWire India): In the present pandemic age, the business world has managed to revive, resulting in the recovery of the stock market.
After facing downward movements, the share market has started to show green lines.
Traders need affordable brokerage services to capitalise on the stock market's growth to the fullest. Brokers have started to focus on quality services at low charges. Pioneer brokerages in the discount broking industry have come in front with attractive brokerage plans for investors and traders.
The ChallengesActive traders buy and sell securities more frequently and high brokerage costs with full-service brokerages remain an issue.
Sometimes they need to take positions on margin in case of insufficient funds to capitalise on the available opportunity quickly.
The Solution - Bajaj Privilege Club SubscriptionTrading cost impacts the rate of returns. Active traders need the right broker with cost effective brokerage plan to stay ahead of the curve. It is challenging to trade large volumes with traditional percentage-based trading. The solution is an affordable subscription-based annual trading plan with a well-established trusted discount broker.
Bajaj Financial Securities Limited (BFSL) comes with cost-saving and customised trading plans, depending on traders' needs, to fulfil the rising demand for good service quality at affordable brokerage rates. One of such plans by BFSL is the Bajaj Privilege Club Subscription.
Features and Benefits of Bajaj Privilege Club Subscription1. Lower BrokerageBajaj Financial Securities Limited (BFSL), one of the major players in the financial services sector offering secure platforms with the benefit of low brokerage charges. This encourages traders to feel comfortable in increasing trade frequency. Subscribers of Bajaj Privilege Club are charged with one of the lowest brokerages, i.e., flat brokerage of Rs. 5/- per order for Delivery, Intraday, and FO.
2. Attractive MTF Interest RateBPC clients are set to benefit with one of the lowest interest rates in the industry. BFSL offers a margin trading facility as low as 8.5% p.a to3. Longer Period to Carry position under MTFBPC members can carry their margin trade position for up to 365 days which will allow ample time for the trader to wait for a favourable price and book profit. For instance, one takes a trade of value Rs. 20 lakhs, expecting to book profit after 3 months. He/she can take a trade using MTF, the interest will be charged till the day the position is squared off.
4. Dedicated ServiceBPC members are provided with dedicated dealing desk support. Trades require quick, dedicated dealing support as they are using borrowed funds for margin trading and BFSL ensures they get prompt and active support for all their queries.
5. Zero Depository Participant Account Maintenance ChargeDemat account maintenance charge for BPC members is nil.
Thus, BFSL's subscription-based plan fits all categories of traders.
Cash traders can take advantage of low brokerage in delivery and one of the lowest MTF interest rates.
Intraday traders can benefit from a low brokerage charge in intraday.
FO traders are saving with a low brokerage in futures and options.
There is a growing percent of traders opting for BPC because of the convenient MTF facility at affordable. With the introduction of Bajaj Privilege Club for active traders, BFSL is set to dominate the discount stock broking segment by offering incomparable benefits to their clients. CRISIL has accreditedA subscriber of Bajaj Privilege Club can rest assured of associating with a stable company with strong financial standing.
This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)
Get a daily dose of Japan Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Japan Herald.
More InformationWASHINGTON D.C.: The Biden administration is expected to approve a deal allowing General Electric to assemble jet engines in India ...
TAIPEI, Taiwan: Taiwan and the United States are set to sign the first deal under a new trade framework, marking ...
TOKYO, Japan: To counter the declining national birthrate, Japan's Prime Minister Fumio Kishida pledged to double spending over the next ...
PYONGYANG, North Korea: North Korea attempt failed to launch a satellite on May 31, which prompted raid sirens and a ...
HONG KONG, China: Describing the lack of women in China's top leadership as concerning, the United Nations has recommended the ...
BEIJING, China: Amid its rivalry with the US for reaching new milestones in space, reflecting their competition for global influence, ...
NEW YORK, New York - U.S. stocks were divided on Wednesday, with the technology and industrial sectors parting ways.Tech stocks ...
HOLLYWOOD, California: More than tripling the debut of its 2018 animated original predecessor, Sony Pictures' "Spider-Man: Across the Spider-Verse" opened ...
PARIS, France: European plane manufacturer Airbus is reported to be close to a record agreement to sell 500 narrow-body jets ...
TRAVERSE CITY, Michigan: DuPont, Chemours and Corteva have reached an agreement to pay $1.18 billion to resolve complaints of causing ...
NEW YORK, New York - U.S. stocks were directionless Tuesday as investors had little to digest ahead of next week's ...
MENLO PARK, California: Facebook parent Meta has said that under a trial that could last through the end of June, ...