Bhansali Value Review, Brokerage Charges, Demat A/C, Platfroms & more
Last Updated Date: Dec 01, 2022Bhansali Value Creations has set new standards in the stock trading industry and most certainly one of the modern revolutions. It has 155 customer reviews mainly because it has an efficient support team who provide support from 428 branches across the nation.
They influence new traders to do successful trading to earn healthy profits. Their service is very trustworthy and consistent, that is the reason they are perfectly placed, and no one has any grievances against them yet.
They offer an extensive range of stock trading products back by their experienced team. That is why the clients are most satisfied with their overall experiences.
Bhansali Value Ratings & Review by Top10StockBroker
Experience | 2.6/5 |
Products & Services | 2.9/5 |
Brokerage Charges & Fees | 2.4/5 |
Stock Research & Advisory | 2.5/5 |
Trading Platforms | 2.3/5 |
Overall Ratings | 2.5/5 |
Star Ratings | ★★★☆☆ |
About Bhansali Value
Company Type | Private |
Broker Type | Full Service Broker |
Headquarters | Bhavnagar, Gujarat |
Founder | Ashutosh Maniar |
Established Year | 2011 |
Bhansali Value Creations has made its mark in the year 2011 with the headquarter located in Bhavnagar, Gujarat.
Since then, they have managed to build an empire along with a work culture to motivate traders to take calculated risks and earn a nice bit of profit.
Ashutosh Maniar founded the company with a vision to change the dynamics of the stock trading industry. Now, after eight years of success, with 428 branches, we can argue it is one of the emerging stockbroking companies in India right now.
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Bhansali Value Brokerage Charges
Here are the Brokerage Details:
Equity Delivery Trading | 0.33% |
Equity Intraday Trading | 0.03% |
Commodity Options Trading | 0.03% |
Equity Futures Trading | 0.03% |
Equity Options Trading | Rs.20 per Lot |
Currency Futures Trading | 0.03% |
Currency Options Trading | Rs.30 per Lot |
Minimum Brokerage | Percentage of Transaction |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.5,000 |
Brokerage Calculator | Bhansali Value Creations Brokerage Calculator |
Bhansali Value Creations has a somewhat debatable price structure for the Brokerage fee. To start with, we will discuss Equity Delivery Trading, which is 0.33%. One can argue it is comparatively high, at least that is what the traders think.
For Equity Intraday Trading, Commodity Options Trading, Equity Futures Trading, and Currency Futures Trading, they charge a uniform fee of 0.03%. Now, if anyone compares these fees with other stockbroking companies, it is very competitive and reasonable.
Then come the Equity Options Trading, whereas, for the Currency Options Trading, they charge ₹30 per lot. These two fees are comparatively higher. Meanwhile, the maximum limit of the Margin Money is ₹5,000.
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Bhansali Value Other Charges
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 additional fees they charge as a well-thought-out measure to charge less from the traders and allow them to earn more profit.
However, all these charges that we will discuss now will not reduce the profit margin on a massive scale as these are nominal fees.
First on this list is the Transaction fee, which is 0.00265%. The cost is very reasonable compared to other stockbroking companies.
Then there is the STT fee of 0.0126% on Total Turnovers and the SEBI Turnover fee of 0.0002% also on Total Turnovers.
Apart from that Bhansali Value Creations charges the Stamp Duty fee, which of course is variable, and finally, GST which is 18% on the total calculated amount of the Transaction fees and the Brokerage fees.
Bhansali Value Demat Account Opening Fees
Depository Source | CDSL & NSDL |
Account Opening Charges | Rs.250 |
Demat AMC Charges | Rs.300 per Annum |
Trading AMC Charges | Free |
Margin Money | Minimum Rs.5,000 |
Offline to Online | Yes |
Bhansali Value Creations offers a CDSL & NSDL depository source account at ₹250 as the registration fees. With this account, the traders will get a Demat and Trading account.
Although there is no cost involved to open these accounts, there is undoubtedly an AMC cost involved for the Demat account, which is ₹300. However, the Trading account’s AMC is free of charge.
Bhansali Value Offers
Free Demat Account | No |
Free Trading Account | Yes |
Discount on Brokerage | Yes |
Trading Happy Hours | No |
Flexible Brokerage Plans | No |
1 Month Brokerage Free | No |
Holiday Offers | Yes |
Referral Offers | No |
Zero Brokerage for Loss Making Trades | No |
The stock trading offers that Bhansali Value Creations provide are mostly disappointing for the traders.
We know the Demat account activities are not free; to add to that, several lucrative services that other stockbroking companies do provide, are missing.
Some of them are the likes of Trading Happy Hours, Flexible Brokerage Plans, 1-Month Brokerage Free, and Referral Offers.
Having said so, apart from free Trading account activities, they provide occasional Discounts on Brokerage fees and also facilitate special Holiday offers to selective clients.
They don’t provide any rebate of brokerage when a trader who has incurred a loss while trading.
To know about offers of other stock brokers check below
How to Open a Demat Account with Bhansali Value?
It is easy to create an account with Bhansali Value Creations. Please note that while the traders open the account, they will get the Demat and the Trading account with it.
Here are the steps to guide the traders to open an account:
- Click on the button “Open Demat Account” and fill up the registration form with correct information.
- A representative will call the traders momentarily. After that, the traders must submit all the relevant KYC documents.
- They will also provide a link to pay ₹250 as that is the registration amount.
- Then they will verify the documents submitted. Once they verify the documents and confirm the payment, they will provide the credentials to access the accounts.
Why Open Bhansali Value Trading Account?
Bhansali Value Creations is quite a reputable stockbroking company. Here is a list of some essential benefits that the traders will get if they get associated with them:
- Most of the brokerage fees they provide are competitive when compared to other stockbroking companies.
- They pretty much deal with all the stock trading products.
- They offer handsome Exposure or Leverage to the traders.
- No complaints have been raised against them in 8 years of operations.
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Bhansali Value Products & Services
Here are the list of Products & Services provided by Bhansali Value –
Products Offered by Bhansali Value
Equity Trading | Yes |
Commodity Trading | Yes |
Currency Trading | Yes |
Options | Yes |
Futures | Yes |
Mutual Funds | Yes |
Forex | No |
Banking | No |
SIP | Yes |
Insurance | No |
The stock trading products they offer are very efficient backed by their experienced team. They provide Equity Trading, Commodity Trading, and Currency Trading, something every trader expects their associate stockbroking companies to deliver.
Apart from that, they are also associated with Options, Futures, Mutual Funds, and SIP-related activities. However, they have not integrated any Forex, Banking, and Insurance related activities.
Bhansali Value Service Offerings
Demat Services | Yes |
Trading Services | Yes |
3 in 1 Account | No |
Intraday Services | Yes |
IPO Services | No |
Stock Recommendations | No |
Robo Advisory | No |
PMS | No |
Trading Institution | No |
Trading Exposure | Upto 7X |
Apart from the regular Demat and Trading account related services, Bhansali Value Creations is mainly disappointing their respective traders by not delivering enough stock trading services.
Yes, they do provide Intraday services, but apart from they have deserted their traders completely.
No IPO services, no Stock Recommendations services, no PMS or Robo Advisory; forget the 3-in-1 accounts. Naturally, they need to improve this area to sustain long in this competitive market.
However, they offer up to 7x trading exposure, something which is quite an achievement for a company which is not primarily a Trading Institution.
Bhansali Value Research, Advisory and Stock Tips
Fundamental Reports | No |
Research Reports | No |
Company Reports | No |
Annual Reports | No |
Company Stock Review | No |
Free Stock Tips | Yes |
IPO Reports | No |
Top Picks | No |
Daily Market Review | No |
Monthly Reports | No |
Weekly Reports | No |
Offline Advisory | Yes |
Relationship Manager | Yes |
Bhansali Value Creations have deserted their traders again when compare their Research & Advisory services with its rival companies. Here is that small list:
- They suggest free Stock Tips.
- Stock broker offer Offline Advisory services.
- The broking house provides dedicated Relationship Managers.
Bhansali Value Exposure or Leverage
Equity Delivery | Upto 2X |
Equity Intraday | Upto 7X |
Equity Futures | Upto 3X |
Equity Options | Upto 5X |
Currency Futures | Upto 4X |
Currency Options | Upto 2X |
Commodities | Upto 3X |
Margin Calculator | Bhansali Value Creations Margin Calculator |
The Exposure or Leverage ratio that Bhansali Value Creations offer is mostly satisfactory. First in that list is Equity Delivery; they offer up to 2x, followed by Currency Options – up to 2x. They provide an impressive up to 3x for both Equity Futures and Commodities.
Next in line is Equity Options with a maximum of 5x, followed by Currency Futures with a maximum of 4x. Their trump card is Equity Intraday, where they manage to offer an outrageous up to 7x.
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Bhansali Value Trading Platforms
Here are the thorough details on various trading platforms offered by Bhansali Value to its consumers.
Desktop Platform – Windows | Yes |
Desktop Platform – Mac | Yes |
Desktop Browser Platform | No |
Mobile Site Platform | No |
Android App Platform | Yes |
iOS App Platform | Yes |
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 | No |
Global Indices | Yes |
Stock Tips | Yes |
Personalized Advisory | No |
Interactive Charts | No |
Live Markets | Yes |
SMS Alerts | No |
Email Alerts | Yes |
Multi Account Management | No |
The trading platforms they provide are not over the top. Here is what they deliver:
Bhansali Value Creations Trading Terminal
Bhansali Value Creations delivers a desktop application, which is a trading platform. It is not sufficient enough for a seamless trading experience, according to experts.
It has very few features like Real-time Updates, Portfolio Details, and News Flash. However, the most important features are missing, such as Online MF Buy, Research Reports, Personalized Advisory, and Interactive Charts.
The platform supports both Windows and Mac operating system but much to the traders’ agony, doesn’t come with an easy installation option.
Bhansali Value Creations Web Trading Platform
Currently, the broking house doesn’t have their ow Web trading platform.
Bhansali Value Creations Mobile Trading App
The mobile app that Bhansali Value Creations offers comes in both Android and iOS. It can be downloaded from either their website or from Google Playstore & Apple Store.
The functionalities are similar to what the desktop version delivers along with the essential features which are not there on the desktop application, are missing in here too.
Fortunately, there are Live Market and Email alerts to fetch market information.
Bhansali Value 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 | – |
Email Support | Yes |
Chat Support | No |
Toll Free Number | No |
Branches | 8 |
Bhansali Value Creations don’t have any dedicated dealer support; however, they operate from 8 branches distributed across the nation. Therefore, they believe the can pull off adequate customer support.
Their zero-complaint record is a piece of evidence that they indeed suggest they do provide compelling customer support.
They have excellent responsive email support to help any offline or online client. However, they don’t provide any live chat service or toll-free number to call.
Bhansali Value Complaints and Feedback
Find the list of complaint against Bhansali Value
Lodged in BSE | 0 |
Resolved in BSE | 0 |
Lodged in NSE | 0 |
Resolved in NSE | 0 |
It has been discussed a few times now that Bhansali Value Creations hold a record of zero complaints in their eight years of operation, which indicates they are indeed true to their commitments.
Bhansali Value Disadvantages:
We have discussed the drawbacks of Bhansali Value Creations before. We are refocussing the points again here:
- The stock trading offers are very limited when compared to other stock trading companies.
- The stock trading services are limited when compared to their rival companies.
- The Research & Advisory services are deserted.
- The trading platforms need serious renovations.
Bhansali Value Conclusion
The experts have a mixed reaction when they are analysing Bhansali Value Creations. On the one hand, they deliver quality stock trading services with zero grievances, but on the other hand, the stock trading services, the offers, and the trading platforms have limited functionalities or not available.
So, the question is how to conclude? One neutral perspective is that they believe in delivering quality services but overlooks the technological advancement to some extent.
So, if they can improve their trading platforms and add some lucrative offer to the roaster, they have all the potentialities to become one of the best stockbroking companies in India.
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