Geojit and Bajaj Securities are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Geojit is listed as a Private Discount Broker , established in 1986 and headquartered in Kochi, while Bajaj Securities is listed as a Public Discount Broker , established in 2010 and headquartered in Pune.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Geojit or Bajaj Securities is a better fit for your investment style, platform preference, and budget.
Geojit is listed as a Private Discount Broker established in 1986 with headquarters in Kochi and founded by Ramanathan Bupathy & C. J. George. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading and desktop terminal access and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and live market tracking. It follows a G-Trade Max brokerage structure.
Bajaj Securities is listed as a Public Discount Broker established in 2010 with headquarters in Pune and founded by Sanjiv Bajaj. It offers equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance using mobile app access and web trading and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. Its brokerage model is structured as Freedom Plan.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Geojit vs Bajaj Securities — A Comprehensive Company Overview
| Company Overview | Geojit | Bajaj Securities |
|---|---|---|
| Company Type | Private | Public |
| Broker Type | Discount Broker | Discount Broker |
| Headquarters | Kochi | Pune |
| Founder | Ramanathan Bupathy & C. J. George | Sanjiv Bajaj |
| Establishment Year | 1986 | 2010 |
| Brokerage Plan | G-Trade Max | Freedom Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Geojit and Bajaj Securities.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Geojit charges 0.30% of Transaction Value while Bajaj Securities charges Rs.20 per Trade.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Geojit charges Rs.20 per Trade or 0.03% (whichever is low) while Bajaj Securities charges Rs.20 per Trade.
Equity futures: This charge applies to futures contracts on stocks and indices. Geojit charges 0.01% of Transaction Value while Bajaj Securities charges Rs.20 per Trade.
Equity options: This charge applies to equity option contracts. Geojit charges Rs.20 per Lot while Bajaj Securities charges Rs.20 per Trade.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Geojit charges 0.01% of Transaction Value . Bajaj Securities does not currently list a charge for this segment.
Commodity options: This charge applies to option contracts on commodity instruments. Geojit charges Rs.20 per Lot . Bajaj Securities does not currently list a charge for this segment.
Currency futures: This charge allows participation in forex price movements on the exchange. Geojit charges 0.01% of Transaction Value . Bajaj Securities does not currently list a charge for this segment.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Geojit charges Rs.20 per Lot . Bajaj Securities does not currently list a charge for this segment.
Geojit vs Bajaj Securities — Detailed Brokerage Comparison
| Brokerage | Geojit | Bajaj Securities |
|---|---|---|
| Brokerage Plan | G-Trade Max | Freedom Plan |
| Subscription Charges | Zero | Rs.431 per Year (1st Year Free) |
| Equity Delivery | 0.30% of Transaction Value | Rs.20 per Trade |
| Equity Intraday | Rs.20 per Trade or 0.03% (whichever is low) | Rs.20 per Trade |
| Equity Future | 0.01% of Transaction Value | Rs.20 per Trade |
| Equity Option | Rs.20 per Lot | Rs.20 per Trade |
| Commodity Future | 0.01% of Transaction Value | NA |
| Commodity Option | Rs.20 per Lot | NA |
| Currency Future | 0.01% of Transaction Value | NA |
| Currency Option | Rs.20 per Lot | NA |
Geojit provides mobile app access, web trading and desktop terminal access for order placement, portfolio tracking, and market monitoring. Bajaj Securities provides mobile app access and web trading for its users.
Android app: Geojit and Bajaj Securities both list an Android trading app.
iOS app: Geojit and Bajaj Securities both list an iOS trading app.
Web trading platform: Geojit and Bajaj Securities both list a web trading platform.
Desktop trading terminal: Geojit lists a desktop trading terminal, while Bajaj Securities does not currently mention it.
Algo trading: Neither broker currently highlights algo trading support.
Basket trading: Neither broker currently highlights basket trading.
Foreign stocks platform: Neither broker currently highlights foreign stocks access.
Mutual fund platform: Geojit and Bajaj Securities both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: Neither broker currently highlights a bonds investment platform.
Geojit vs Bajaj Securities — Complete Comparison of Trading Platforms
| Trading Platform | Geojit | Bajaj Securities |
|---|---|---|
| Android App | Geojit Android App Link | Bajaj Securities Android App Link |
| iOS App | Geojit iOS App Link | Bajaj Securities iOS App Link |
| Web Trading Platform | Geojit Web Trading Link | Bajaj Securities Web Trading Link |
| Trading Terminal | Available | NA |
| Algo Trading Platform | NA | NA |
| Foreign Stocks Platform | NA | NA |
| Basket Trading Platform | NA | NA |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | NA | NA |
| Bonds Platform | NA | NA |
Geojit highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and live market tracking, while Bajaj Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, stock tips and interactive charts. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Geojit and Bajaj Securities offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Geojit and Bajaj Securities offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Geojit and Bajaj Securities offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Geojit and Bajaj Securities offer this feature.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Geojit and Bajaj Securities offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Bajaj Securities offers this; Geojit does not currently highlight it.
Live market: Live updates on market movements and trends. Both Geojit and Bajaj Securities offer this feature.
Secure platform: A secure trading environment with next-generation security controls. Both Geojit and Bajaj Securities offer this feature.
Geojit vs Bajaj Securities — Comprehensive Comparison of Trading Features
| Trading Feature | Geojit | Bajaj Securities |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | No | No |
| Global Indices | No | No |
| Customised Recommendations | No | No |
| Stock Tips | Yes | Yes |
| Interactive Charts | No | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | No | No |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Geojit and Bajaj Securities.
Free account opening: Geojit and Bajaj Securities both list free account opening.
Free AMC: Geojit and Bajaj Securities both list free Demat AMC.
Free brokerage: Neither broker currently highlights free brokerage.
Flat brokerage: Geojit and Bajaj Securities both list flat brokerage pricing.
Flexible brokerage plans: Geojit and Bajaj Securities both list flexible brokerage plans.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Neither broker currently highlights free delivery trading.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Geojit lists free research reports, while Bajaj Securities does not currently mention it.
Free trading calls: Geojit lists free trading calls, while Bajaj Securities does not currently mention it.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Geojit offers Rs.1,000 Vouchers per Client while Bajaj Securities offers Rs.200 per Client for referrals.
Geojit vs Bajaj Securities — Comparison of Latest Offers
| Offer | Geojit | Bajaj Securities |
|---|---|---|
| Free Account Opening | Yes | Yes |
| Free AMC | Yes | Yes |
| Free Brokerage | No | No |
| Flat Brokerage | Yes, Limited | Yes |
| 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 | Yes | No |
| Free Trading Calls | Yes | No |
| Referral Offers | Rs.1,000 Vouchers per Client | Rs.200 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | No |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Geojit highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while Bajaj Securities highlights equity delivery, equity intraday, equity futures, equity options, foreign stocks, mutual funds and insurance.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, mutual funds, foreign stocks, insurance, corporate bonds and government bonds.
Geojit vs Bajaj Securities — Complete Comparison of Products
| Product | Geojit | Bajaj Securities |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | No |
| Commodity Future | Yes | No |
| Currency Option | Yes | No |
| Currency Future | Yes | No |
| Foreign Stocks | No | Yes |
| Mutual Funds | Yes | Yes |
| Banking | No | No |
| Insurance | No | Yes |
| Corporate Bonds | No | Yes |
| Government Bonds | No | Yes |
| Digital Gold | No | No |
Demat services: Geojit and Bajaj Securities both list Demat services.
Trading services: Geojit and Bajaj Securities both list trading services.
Intraday services: Geojit and Bajaj Securities both list intraday trading services.
F&O services: Geojit and Bajaj Securities both list F&O services.
IPO services: Geojit and Bajaj Securities both list IPO services.
3-in-1 account: Neither broker currently highlights 3-in-1 account support.
Stock research: Geojit lists stock research, while Bajaj Securities does not currently mention it.
Stock recommendations: Geojit lists stock recommendations, while Bajaj Securities does not currently mention it.
Trading education: Bajaj Securities lists trading education, while Geojit does not currently mention it.
Share pledging: Geojit and Bajaj Securities both list share pledging.
PMS or PCG: Geojit lists PMS or PCG support, while Bajaj Securities does not currently mention it.
NRI services: Neither broker currently highlights NRI services.
Geojit provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while Bajaj Securities offers Demat services, trading services, intraday trading, F&O trading, IPO access and trading education.
Geojit vs Bajaj Securities — In-Depth Comparison of Services
| Service | Geojit | Bajaj Securities |
|---|---|---|
| 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 | No |
| Stock Research | Yes | No |
| Stock Recommendations | Yes | No |
| Trading Education | No | Yes, Samadhan |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | No |
| NRI Services | No | No |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Geojit and Bajaj Securities.
Geojit and Bajaj Securities — Detailed Comparison of Advisory Services
| Advisory | Geojit | Bajaj Securities |
|---|---|---|
| Fundamental Reports | Yes | No |
| Research Reports | Yes | Yes, chargeable |
| Company Reports | Yes | No |
| Annual Reports | No | No |
| IPO Reports | Yes | Yes |
| Technical Reports | Yes | No |
| Stock Tips | Yes | Yes, chargeable |
| Daily Top Stock Picks | Yes | No |
| Daily Market Review | Yes | No |
| Monthly Review | No | No |
| Weekly Review | Yes | No |
| Relationship Manager | Yes | Yes, chargeable |
| Robo Advisory | No | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Geojit and Bajaj Securities across different segments.
Geojit and Bajaj Securities — Comprehensive Comparison of Trading Exposure
| Exposure | Geojit | Bajaj Securities |
|---|---|---|
| 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 |
Geojit and Bajaj Securities both list a sub-broker program. Geojit and Bajaj Securities both list a partner program. Geojit and Bajaj Securities both list a referral program.
Geojit vs Bajaj Securities — Comparative Analysis of Programs
| Program | Geojit | Bajaj Securities |
|---|---|---|
| Sub-Broker Program | Yes | Yes, Limited |
| Partner Program | Yes | Yes |
| Referral Program | Yes | Yes |
Geojit provides support through trading desk support, dedicated dealer assistance, call support, email support and WhatsApp support. Bajaj Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Geojit operates Available branches. Bajaj Securities operates Available branches.
Geojit and Bajaj Securities — Comprehensive Comparison of Customer Support
| Support Channel | Geojit | Bajaj Securities |
|---|---|---|
| Trading Support | Available, Free | Available, Chargeable |
| Dedicated Dealer | Available, Free | Available, Chargeable |
| Call Support | 1800-425-5501, 1800-103-5501 | 1800-833-8888 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | 9995500044, 9995810001 | NA |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | Available | Available |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Geojit carries an overall rating of 8.52 / 10, while Bajaj Securities carries an overall rating of 7.75 / 10.
Geojit vs Bajaj Securities — Ratings Comparison
| Rating Parameter | Geojit | Bajaj Securities |
|---|---|---|
| Overall Rating | 8.52 / 10 | 7.75 / 10 |
| Customer Support | 8.49 / 10 | 7.72 / 10 |
| Technology | 8.62 / 10 | 7.84 / 10 |
| Charges | 8.55 / 10 | 7.78 / 10 |
| Products & Services | 8.47 / 10 | 7.71 / 10 |
| Experience | 8.45 / 10 | 7.69 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Geojit & Bajaj Securities — Comparison of Customer Complaints
| Complaint Metric | Geojit | Bajaj Securities |
|---|---|---|
| Total Complaints Lodged | 9 | 21 |
| Total Complaints Resolved | 5 | 14 |
| % of Resolved Complaints | 55.56% | 66.67% |
| Non-Actionable Complaints | 2 | 4 |
| % of Non-Actionable Complaints | 22.22% | 19.05% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Geojit and Bajaj Securities.
Geojit vs Bajaj Securities — Detailed Comparison of Transaction Charges
| Transaction Charges | Geojit | Bajaj Securities |
|---|---|---|
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Future | ||
| Equity Option | ||
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Geojit and Bajaj Securities — Detailed Comparison of Hidden / Other Charges
| Charge | Geojit | Bajaj Securities |
|---|---|---|
| SEBI Turnover Charges | ||
| DP Charges | ||
| GST | ||
| Account Closure Charges | ||
| Reactivation Charges | ||
| Dematerialisation Charges | ||
| Call & Trade Charges |
Geojit lists account opening charges of Free and Demat AMC of Free. Bajaj Securities lists account opening charges of Free and Demat AMC of Free.
Geojit vs Bajaj Securities — Detailed Comparison of Demat Charges
| Demat Charges | Geojit | Bajaj Securities |
|---|---|---|
| Account Opening Charges | Free | Free |
| Annual Maintenance Charges (AMC) | Free | Free |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Geojit vs Bajaj Securities — Comparative Analysis of STT and CTT Charges
| STT & CTT | Geojit | Bajaj Securities |
|---|---|---|
| Equity Delivery | 0.1% on both Buy and Sell sides | |
| Equity Intraday | 0.025% on the Sell side only | |
| Equity Future | 0.02% on the Sell side only | |
| Equity Option | 0.1% on the Sell side (on premium) | |
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Geojit and Bajaj Securities — Comparison of Stamp Duty Charges
| Stamp Duty | Geojit | Bajaj Securities |
|---|---|---|
| Equity Delivery | ||
| Equity Intraday | ||
| Equity Future | ||
| Equity Option | ||
| Commodity Future | ||
| Commodity Option | ||
| Currency Future | ||
| Currency Option |