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Bansal Finstock Private Limited (Bansal Finstock) as a member of Bansal Group is the well-grounded stock broking company in India. It is a registered member of almost all stock exchanges.

This article will mainly turn the attention on Bansal Finstock reviews, Bansal Finstock reviews Brokerage charges, Bansal Finstock trading platforms, Bansal Finstock demat account procedure and other necessary information.

Bansal Finstock offers


Bansal Finstock Ratings & Review by Top10StockBroker

Experience 2.9/5
Products & Services 3.4/5
Brokerage Charges & Fees 3.1/5
Stock Research & Advisory 3.3/5
Trading Platforms 2.9/5
Overall Ratings 3.2/5
Star Ratings ★★★☆☆

About Bansal Finstock

Company Type Private
Broker Type Full Service Broker
Headquarters Bhavnagar, Gujarat
Founder Rashmin Relia
Established Year 2004

Bansal Finstock

Bansal Finstock is established in the year 2009 in Bhavnagar, Gujarat. It intends to provide various financial products such as equity, commodity, currencies, and IPOs to its clients.

It also provides Internet trading, Mobile trading, Insurance, Loans, NRI Services, Deposits, and Bonds. The company is registered with SEBI as a Broker to provide Broking services to the traders. It is also a registered Depository Participant with CDSL.


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    Bansal Finstock Brokerage Charges

    Here are the Bansal Finstock further Brokerage Charge details.

    Equity Delivery Trading 0.2% – 0.3%
    Equity Intraday Trading 0.02% – 0.035%
    Commodity Options Trading 0.02% – 0.035%
    Equity Futures Trading 0.02% – 0.035%
    Equity Options Trading Rs.20 – Rs.30 per Lot
    Currency Futures Trading 0.02% – 0.035%
    Currency Options Trading Rs.15 – Rs.30 per Lot
    Minimum Brokerage Percentage of Transaction
    Demat AMC Charges Rs.300 per Annum
    Trading AMC Charges Free
    Margin Money Minimum Rs.10,000
    Brokerage Calculator Bansal Finstock Brokerage Calculator

    Brokerage charges are one of the essential payments imposed to the traders and traders are required to pay as long as they wish to trade in the stock market. Hence it is recurring in nature.

    If we talk about Bansal Finstock brokering charges, then its brokerage charges are as follows:-

    The brokerage charged by the company is 0.2% – 0.3% for Equity Delivery Trading and 0.02% – 0.035% for Equity Intraday Trading,

    In currency option trading and equity option trading, the brokerage charges rely on  your initial deposit which is given in the range of Rs.15 – Rs.30 per Lot and Rs.20 – Rs.30 per Lot respectively.


    Find Brokerage Charges of other Brokers


    Bansal Finstock Other Charges

    The company other charges are barest and are not likely influence the ROI of the investors.

    Transaction Charges 0.00265%
    STT 0.0126% of Total Turnover
    SEBI Turnover Charges 0.0002% of Total Turnover
    Stamp Duty Depends on State (very minimal)
    GST 18% of (Brokerage + Transaction Charges)

    The company other charges are barest and are not likely influence the ROI of the investors.


     

    Bansal Finstock Demat Account Opening Fees

    Depository Source CDSL & NSDL
    Account Opening Charges Rs.300
    Demat AMC Charges Rs.300 per Annum
    Trading AMC Charges Free
    Margin Money Minimum Rs.10,000
    Offline to Online Yes
    • Full-service stockbroker one –time trading account opening charges Rs.300
    • The stock broking company Demat AMC charges is Rs.300
    • The stock broking company trading AMC is absolutely free
    • The company also entails minimum margin of R.10000 from the investors.

    Bansal Finstock Offers

    Investors are compelled to shell out some other charges of the company beyond its brokerage charges and fees.

    Free Demat Account No
    Free Trading Account Yes
    Discount on Brokerage Yes
    Trading Happy Hours No
    Flexible Brokerage Plans Yes
    1 Month Brokerage Free No
    Holiday Offers Yes
    Referral Offers No
    Zero Brokerage for Loss Making Trades No

    The investors can enjoy following offers provided by the company:

    • Customized Insurance Products
    • The company also provide referral offers in which if one investor will refer its services to other investor and that investor purchase company products or take the company services then the investor who is referring will get some percentage of discount
    • The stock broking company ease its clients by providing them few percentage of discount on brokerage

    To know about offers of other stock brokers check below

    How to Open a Demat Account with Bansal Finstock?

    All you require:-

    • Aadhar and Pan card
    • Mobile number linked with Aadhar card
    • Cancelled Personalise cheque

    Few effortless ways to open a demat account with Bansal Finstock –

    • Fill up the form by clicking on Open Demat Account button
    • They will ask you & take a meeting request
    • You can reach to the nearest branch of the company and their one of the representative will assist you. They have 380 branches in the country, you can visit your neighboring branch.
    • You can even mail them your details on their email id info@bansalonline.com

    Why Open Bansal Finstock Trading Account?

    The various reasons to Open trading a/c with bansal finstock are –

    • The pricing strategies of the company are quite aggressive
    • It provides optimum business resolutions to the investors of new-era
    • It provides customized services to NRIs for assisting them to maintain financial ground  in India
    • The technology utilized by the company is effortless and vigorous
    • The company is modern in its approach

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      Bansal Finstock Products & Services:

      Here are the list of Products & Services provided by Bansal Finstock:

      Bansal Finstock Products

      Equity Trading Yes
      Commodity Trading Yes
      Currency Trading Yes
      Options Yes
      Futures Yes
      Mutual Funds No
      Forex No
      Banking No
      SIP No
      Insurance Yes

      The foremost products which the full-service stock brokers are IPO and life insurance and non life insurance products.

      The company insurance products are customized and the investors can choose the insurance products according to their needs and requirements.

      Bansal Finstock Service Offerings

      Demat Services Yes
      Trading Services Yes
      3 in 1 Acount No
      Intraday Services Yes
      IPO Services Yes
      Stock Recommendations Yes
      Robo Advisory No
      PMS No
      Trading Institution No
      Trading Exposure Upto 7X

      The leading service of the full service stock broker is to render brokerage service to the traders in the equity, derivative, currency and commodity segments.

      It is engaged to provide all its investment related services at one place. The company advisory service helps the investors to make the feasible and effective decisions. The company also provides depositary services.


       

      Bansal Finstock Research, Advisory and Stock Tips

      Below table shows the proper detail of the Bansal Finstock Research and advisory services:

      Fundamental Reports No
      Research Reports No
      Company Reports No
      Annual Reports No
      Company Stock Review No
      Free Stock Tips Yes
      IPO Reports Yes
      Top Picks Yes
      Daily Market Review Yes
      Monthly Reports Yes
      Weekly Reports Yes
      Offline Advisory Yes
      Relationship Manager Yes

      The company provides following research and advisory service to its clients.

      • Daily Market Review
      • Company monthly and weekly reports
      • Experienced and knowledgeable relationship manager who resolve the investors queries related to their investment and financial products
      • The company also comfort the investors by delivering the free stock tips and IP reports

      Bansal Finstock Exposure or Leverage

      Here are the brief details on the exposure limit you will come across in distinct trading segments.

      Equity Delivery Upto 2X
      Equity Intraday Upto 7X
      Equity Futures Upto 3X
      Equity Options Upto 5X
      Currency Futures Upto 3X
      Currency Options Upto 2X
      Commodities Upto 3X
      Margin Calculator Bansal Finstock Margin Calculator
      • The company provides up to 7 times on equity intraday and 2 times on equity trading
      • These exposures or leverage can be improved with the trader’s usage and credibility.

      Find Exposure or Margin of other Stock Brokers

      Bansal Finstock Trading Platforms

      Here are the thorough details on various trading platforms offered by Bansal Finstock to its consumers. All the platforms have been established in-house and always get progressed on an unremitting basis.

      Desktop Platform – Windows Yes
      Desktop Platform – Mac Yes
      Desktop Browser Platform Yes
      Mobile Site Platform Yes
      Android App Platform No
      iOS App Platform No
      Windows App Platform No
      Other Mobile OS Platform No
      Real time Updates Yes
      Portfolio Details Yes
      Online MF Buy No
      News Flash Yes
      Research Reports No
      Easy Installation Yes
      Global Indices Yes
      Stock Tips Yes
      Personalized Advisory No
      Interactive Charts Yes
      Live Markets Yes
      SMS Alerts Yes
      Email Alerts Yes
      Multi Account Management No

      It provides a range of trading platform throughout terminal, web and mobile platforms. These trading platforms can be used according to the client’s comfort and choice

      Bansal Net.Net – Bansal Web-based Platform

      It is provided by net. Net and also called as BANSAL Net.Net.It ease the traders to execute their buy and sell orders in both equity and debt securities in a flawless and prompt manner.

      Bansal Nest – Bansal Finstock Trading Terminal

      The desktop trading platform of the company is known as BANSAL Nest. It retains various technical indicators and charts that provide a comprehensive approach to the shares.

      The trading terminal also helps to look at the market statistics of the stocks, compare and analyze them. It can comfortably generate order reports; trade reports back office and DP reports.

      Bansal Wave App – Bansal Finstock Mobile Trading App

      The mobile application of the company is known as Bansal Wave. It is newly launched app in the market. This app facilitates the investors in buying, selling and checking various reports with their fingertips.

      It has modern features like live market data from the exchanges, diverse reports for the trading account, chart view for the better understanding of the scripts, It is a speedy and trouble-free application.


      Bansal Finstock Customer Care

      The broking company offers the following networks of communications to its users as given below:

      Dedicated Dealer No
      Offline Trading Yes
      Online Trading Yes
      24*7 Support No
      Support Number NA
      Email Support Yes
      Chat Support No
      Toll Free Number No
      Branches 13

      Bansal Finstock provides exemplary customer services to its clients through its proficient and train customer service team. The company agents make every possible effort to resolve their client’s grievances as soon as possible.

      The clients can come in contact with the company regarding their issues with the aid of following network of communications.


      Bansal Finstock Complaints and Feedback

      Find the list of complaint against Bansal Finstock

      Lodged in BSE 1
      Resolved in BSE 1
      Lodged in NSE 13
      Resolved in NSE 13

      Below table provides you the report about the number of complaints received by the stock exchanges from the company clients.

      This report basically analyzes the company online complaints data received by both BSE and NSE stock exchanges. These are serious complaints which the broker of the company failed to resolve.


      Bansal Finstock Disadvantages:

      Following are the list of cons –

      • It has less number of branches across the country
      • The customer care services are not quite efficient
      • Its mobile application is certainly new and retains certain software issues

      Bansal Finstock Conclusion

      It is recommended to avail the services of the Bansal Finstock as they provide customized services according to the traders’ needs.

      The advisory service provided by the company to its clients is Virtuous. The Company also uses advanced technology. It makes every possible effort to provide feasible solutions to the traders.

      Therefore, it can be beneficial for the traders to get in touch with Bansal Finstock.


      Open Demat Account with Bansal Finstock

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