Bansal Finstock Review, Brokerage Charges, Demat Account & More

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 Customer Ratings & Review

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 ★★★☆☆
Total Client Reviews 117

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.


Open Demat Account with Bansal Finstock

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  1. Open Demat Account

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.


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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

A C Agarwal Share Brokers Ambalal Shares Stocks Ashika Stock Bhansali Value
A G Shares Securities Anugrah Stock Ashlar Securities Bhumika Consultancy
Aasmaa Securities Anvil Share Stock Broking B N Rathi Securities BP Equities

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 [email protected]

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

Get a Call back from Bansal Finstock

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  1. Open Demat Account

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.

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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

Fill Your Details Here
  1. Open Demat Account

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