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Kotak Securities Account Opening Enquiry
Kotak Securities offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Kotak Securities.Kotak Securitiesfee structure and trading commission rates are explained as below.
To open Kotak Securities account you have to pay account opening charges and annual maintenance charges (AMC).
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 |
| Demat Account Opening Charges (One Time) | Rs 0 (Free) |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 600 |
Customer pays a commission (brokerage) when buying or selling stocks through Kotak Securities. The brokerage charges for equity, commodities and currency derivative trading for Kotak Securities are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | 0.20% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 10 per order |
| Equity Options | Rs 10 per order |
| Currency Futures | Rs 10 per order |
| Currency Options | Rs 10 per order |
| Commodity Futures | Rs 10 per order |
| Commodity Options | Rs 10 per order |
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | Rs 0 |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 10 per order |
| Equity Options | Rs 10 per order |
| Currency Futures | Rs 10 per order |
| Currency Options | Rs 10 per order |
| Commodity Futures | Rs 10 per order |
| Commodity Options | Rs 10 per order |
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | 0.10% |
| Equity Intraday | Rs 10 per order or 0.05%, whichever is lower |
| Equity Futures | Rs 10 per order |
| Equity Options | Rs 10 per order |
| Currency Futures | Rs 10 per order |
| Currency Options | Rs 10 per order |
| Commodity Futures | Rs 10 per order |
| Commodity Options | Rs 10 per order |
The Demat account transactions are charged separately from the trading commission. Find Kotak Securities Demat account charges 2025.
Kotak Securities Demat Charges
Kotak Securities trading and demat account opening fees are Rs 0 (Free). Kotak Securities charges Rs 600 per year demat account AMC. Kotak Securities demat debit transaction fee of 0.04% + NSDL charges (minimum Rs 20) per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 (Free) |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | 0.04% + NSDL charges (minimum Rs 20) |
| 4 | Annual Maintenance Charges (AMC) | If More than Rs. 4 lakhs but up to Rs. 10 lakhs - Rs 100+GST p.a. If greater than ₹10 lakhs - Rs 50+GST per month. |
| 5 | Demat + Courier charges | Rs. 150 per certificate + Rs. 50 per request courier charges |
| 6 | Remat | Rs.10 for 100 securities (Minimum payable Rs.15) |
| 7 | Pledge Creation | Rs 20 per ISIN |
| 8 | Pledge Creation Confirmation | Rs 20 per ISIN |
| 9 | Pledge Invocation | Rs 20 per ISIN |
| 10 | Failed Transactions | NA |
| 11 | Other Charges | NA |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Future | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Option | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Kotak Securities charges government taxes and fees in addition to the brokerage. These Kotak Securities trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Kotak Securities tax calculation.
| Tax Kotak Securities | Rates |
|---|---|
| |
Exchange Transaction Charges | |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
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Kotak Securities offers free intraday trading and flat Rs 20 per trade for Futures and Options trading across segments.
| Segment | Trade Free Plan & Trade Free Max Brokerage | Dealer Assisted Plan Brokerage |
|---|---|---|
|
Equity Delivery |
0.25% or Rs 20 whichever is higher |
0.39% |
|
Equity Intraday |
Free |
0.039% |
|
Equity Futures |
C/F: Rs 20 per order; Intraday: Free |
0.039% |
|
Equity Options |
C/F: Rs 20 per order; Intraday: Free |
Rs 39 per lot |
|
Currency Futures |
C/F: Rs 20 per order; Intraday: Free |
Rs 9 per lot |
|
Currency Options |
C/F: Rs 20 per order; Intraday: Free |
Rs 5 per lot |
|
Commodity Futures |
C/F: Rs 20 per order; Intraday: Free |
0.039% |
|
Commodity Options |
C/F: Rs 20 per order; Intraday: Free |
Rs 39 per lot |
C/F refers to Carry Forward positions.
Note:
Trade Free Plan and Trade Free Max share similar brokerage charges. Trade Free Max is an extended version of Trade Free Plan that comes at an annual subscription charge of Rs 2,499 with the benefit of Margin Trading Facility at lower interest rates (10.25% per annum).
Kotak Securities is a full-service broker providing trading and investment service to retail and institutional investors.
Kotak Securities is a SEBI registered broker, Portfolio Manager, and Research Analyst. The company is a member of BSE, NSE, MCX, and NCDEX, offering investment opportunities across Equity, Derivatives, Currency, Commodity, Mutual Funds, IPO, NCD, Sovereign Gold Bonds, etc.
Kotak Securities offers three brokerage plans to its customers.
Trade Free Plan is the default plan assigned to each investor during account opening. You can choose to change the brokerage plan anytime as per your requirement.
Trade Free Plan offers free intraday trading across all the segments and charges Rs 20 per executed order for F&O, Currency, and Commodity Carry forward trades. The Equity Delivery charges under this plan are 0.25% of trade value or Rs 20, whichever is higher.
Trade Free Max plan offers a Margin Trading facility with an interest rate of 10.25% p.a. Trade Free Max plan has similar brokerage charges as Trade Free Plan but comes at an annual subscription fee of Rs 2,499 + GST.
Dealer Assisted Plan assigns a dedicated dealer that assists you throughout your trading journey. This plan charges slightly higher brokerage charges compared to other brokerage plans with 0.039% for Equity Intraday, Futures, and Commodity Futures and 0.39% for Equity Delivery. For options, it charges Rs 39 per lot for Equity and Commodity Options and Rs 5 per lot for Currency Options.
Kotak securities offer a Brokerage Calculator for Trade Free Plan that helps you calculate your total cost of trading considering other regulatory charges like STT, SEBI Turnover charges, and Exchange Transaction Charges.
Kotak Securities offers three brokerage plans to its customers that have a combination of flat-fee-based pricing, percentage-based calculation, and per lot basis calculation.
Kotak Securities offers free Intraday trading across all segments under the Trade free plan and Trade Free Max with a flat fee of Rs 20 per executed order for overnight positions in F&O, Currency, and Commodity. The Equity Delivery charges are 0.25% of transaction value or Rs 20, whichever is higher.
The Dealer Assisted Plan charges percentage basis brokerage for Equity Delivery (0.39%), Equity Intraday, Equity Futures and Commodity Futures (0.039%) and per lot basis brokerage for Equity Options (Rs 39 per lot), Currency Futures (Rs 9 per lot) and Options (Rs 5 per lot) and Commodity Options (Rs 39 per lot).
Kotak Securities brokerage charges differ based on the chosen plan.
Kotak Securities calculates brokerage using below methods:
Kotak Securities brokerage calculation depends on the chosen plan.
| Brokerage Plan | Brokerage Charges | Calculation Method |
|---|---|---|
|
Trade Free Plan/Trade Free Max |
· Flat fee of Rs 20 per executed order for Overnight Positions in F&O, Currency, and Commodity. · Higher of Rs 20 and 0.25% of trade value for Equity Delivery |
Combination of flat fee and percentage basis |
|
Dealer Assisted Plan |
· 0.039% for Equity Intraday, Equity Futures and Commodity Futures. · 0.39% for Equity Delivery. · Per lot basis for Options and Currency Futures. |
Combination of per lot basis and percentage basis. |
Note:
Refer Kotak Securities Brokerage for more details.
Kotak Securities Trade Free Plan is the simplified plan of Kotak Securities that offers Rs 10 per order or 0.05%, whichever is lower per executed order for intraday trading across segments and a flat fee of Rs 10 for F&O trades across Equity, Currency, and Commodity.
Features of Kotak Securities Trade Free Plan:
Kotak Securities has zero brokerage for Intraday trading and flat Rs 20 for F&O, Currency, and Commodity to take overnight positions. The Equity Delivery brokerage charge is flat Rs 20 or 0.25% of trade value, whichever is higher.
If you want assistance in planning your investment decisions, you can opt for Dedicated Dealer Plan that assigns a dedicated and experienced dealer to achieve your financial goals. The Dedicated Dealer plan is slightly costly that charges 0.039% of trade value as the brokerage for Equity Intraday, Equity Futures, and Commodity Futures, 0.39% for Equity Delivery and per lot basis for Options trading and Currency Futures.
Refer to Kotak Securities Brokerage for more details.
Kotak Securities Account Opening Enquiry
Information on this page was last updated on Friday, July 5, 2024
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