Bajaj launches online investment, stock broking

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New Delhi, Jan 3: Bajaj Capital Venture, part of Bajaj Capital Investor Services Ltd, today announced the launch of 'Just Trade-its' online investment and stock broking services with a target of 1,00,000 accounts across thousand towns of India by the end of 2008.

''We would like to take our client base to 100 thousand accounts with 'Just Trade' by the end of this year in all the 1,000 towns of the country,'' MD (Bajaj Capital Ltd) Rajiv Deep Bajaj told reporters at the luanch of the website. The website will offer Stock Broking, Mutual Funds&IPO services through a single online platform to Indian as well as NRI investors.

Just Trade will offer Online Financial Planning, ability to invest in 12 leading mutual funds, insurance as well as international trading.

The investors would also be able to transact online advice and support from the relationship managers at 150 branches across India.

The site will have initially two packages of Rs 599 and Rs 999 a month.

''We will have tie ups with multiple banks, with ICICI and HDFC bank already on board. We are now looking for more banks, including ublic Sector banks.

Bajaj Capital Ltd is India's leading financial planning and investment advisory company for last 43 years with a clent base of nearly one million.


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