Provides customers with the opportunity to access Margin Trading Facility at reduced interest rate of just 9.99%
MUMBAI, Oct 29 (The CONNECT) – Aiming to brighten the financial landscape, Bajaj Broking has launched ‘Shubh Diwali, Shares Wali’ campaign.
This is a limited-time offer, providing customers with the opportunity to access Margin Trading Facility (MTF) at an interest rate of just 9.99%—nearly 50% lower than their standard rate of 18% on freedom pack and 14% on professional pack.
With this Bajaj Broking seeks to engage traders and investors while highlighting the exciting opportunities that this festive season has to offer, the firm said in a press release.
MTF helps users buy more stocks than they could normally afford, thus giving them increased investment opportunities. For example, with MTF, user can trade up to four times their available cash, allowing them to take advantage of market movements and buy stocks they believe in.
Whether customers want to grow their investment portfolios or buy more stocks than their current funds allow, this service makes it easier for them to do so. It’s a great way to help people invest more and make the most of market opportunities.
Running till November10, 2024, the ‘Shubh Diwali, Shares Wali’ scheme allows customers to benefit from an enhanced trading experience, enabling them to leverage their investments up to 4 times.
With this offer, users can trade on more than 1,000 stocks with increased ease and reduced financial strain.
Typically, Bajaj Broking offers MTF at an interest rate of 18% on freedom pack and 14% on professional pack, but during the campaign period, the rate is slashed to 9.99% for the new investors.
The special rate will be applicable for one year from the day of account opening, allowing new investors to enjoy expanded trading limits for a sustained period. However, the offer is subject to a total MTF book of INR 5 Lakhs per account.
