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Kotak Securities Demat Account Charges, Review, Opening

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Kotak Securities is leading stock broker in India. Kotak Securities is retail broking and investment arm of Kotak Bank, a popular private sector bank in India part of Kotak Mahindra Group.

The services offered by Kotak Sec includes Equity Trading, Currency Derivatives Trading, Commodities Trading, Demat Services, IPO Mutual Fund, Bonds, NCD and Portfolio Management Services (PMS).

Demat account is one of the key service offered by Kotak Securities. Demat account allows its customers to hold shares in an electronic format.

The Trinity account, a 3-in-1 account which is combination of a saving bank account, a demat account and a trading account is the most popular offering of Kotak Sec. The Trinity acct offers easy seamless transactions between these 3 accounts.

You can also open just Demat account or a 2-in-1 Demat and Trading account with Kotak.

Kotak is depository participant (DP) with both National Securities Depositories Limited (NSDL) and Central Depository Services Limited (CDSL).

Key features offered by Kotak Demat Account include:

  • Trinity account offers seamless transaction between trading and demat account.
  • Easy online and offline access to shares, bonds, mutual funds etc. you hold.
  • Easy to convert your physical holdings into electronic form and other way.
  • Dividends credited automatically in linked bank account.
  • Easy online portfolio management.
  • Local customer support available through branches in almost all towns and cities in India.

Kotak Securities Demat Account Opening Charges

To open a new Demat account with Kotak Securities, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

Demat Account Opening FeeRs 0 (Free)
Demat Account Annual Charges (AMC)Rs 600

Kotak Securities Demat Charges

Kotak Securities trading and demat account opening fees are Rs 299. 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 299
2 Transaction Charges (Buy)
3 Transaction Charges (Sell) 0.04% + NSDL charges (minimum Rs 20)
4 Annual Maintenance Charges (AMC) Rs 600 per year
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

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

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Frequently Asked Questions

  1. 1. How to open a Kotak Securities Demat account?

    Kotak Securities offers a completely digital, paperless, and free Demat account opening.

    For opening a Demat account with Kotak Securities:

    1. Go to the Kotak Securities website.
    2. Enter your Name, mobile no., Email and City and click on Open an Account.
    3. Verify your phone number.
    4. Enter basic details.
    5. Upload your address proof and ID proof documents from the Digi locker.
    6. Provide e-sign.

    After opening an account with Kotak Securities, you can start trading using the Kotak Securities mobile app, website, or Desktop app.



  2. 2. How to use Kotak Securities Demat account?

    Kotak Securities Demat account is an online account that is used to hold Stocks, Mutual Funds, IPO shares, and Bonds in an electronic format.

    Kotak Securities Demat account gets debited or credited based on the trading activity in the linked trading account. You can sign the POA with the broker that authorizes the broker to debit your Demat account and transfer securities towards Exchange related settlement.

    You can either open a Standalone Demat account, a 2-in-1 account, or a 3-in-1 account with Kotak Securities.



  3. 3. Is Kotak Securities NSDL or CDSL?

    Kotak Securities is a Depository Participants with both CDSL and NSDL. You can choose any of the DP while trading with Kotak Securities.

    NSDL and CDSL are the two depositories of India that hold shares, bonds, mutual funds, and other securities of investors in the electronic form in the Demat accounts.

    If you have an account with CDSL, your Demat account number will have 16 digits numeric code, and if your account is with NSDL, it will have 14 digits numeric code starting with the alphabets IN.



  4. 4. Is Kotak Securities a depository participant?

    Yes, Kotak Securities is a SEBI registered Depository Participant, having membership with both CDSL and NSDL. Kotak Securities acts as an intermediary between your Demat account and the depository institutions - CDSL and NSDL.

    Kotak Securities Depository Participant Details:

    • Kotak Securities SEBI DP Registration No.: IN-DP-629-2021
    • Kotak Securities NSDL DP ID: IN300214
    • Kotak Securities CDSL DP ID: 25100

    You can choose either of the DP - CDSL or NSDL while opening an account with Kotak.



  5. 5. How is Kotak Securities Demat account?

    Kotak Securities Demat account offers flexibility to the investors to choose from either of the depositories - CDSL or NSDL while opening an account with the broker.

    Kotak Securities Demat account is safe as any other Demat account as Kotak Securities only facilitates to provide depository services through its membership with NSDL and CDSL and do not own the securities lying in the Demat account.

    Kotak Securities offer free Demat account opening with annual maintenance charges up to Rs 780 (charged monthly) based on the holding value of the securities and the number of debit transactions per month.

    You can open either a standalone Demat account, Trading and Demat account, or, Trading, Demat and Bank account with Kotak.



  6. 6. What is Kotak Securities DP ID?

    Kotak Securities DP ID is a unique ID assigned to Kotak Securities by NSDL and CDSL. The DP ID for Kotak Securities remains the same across all clients based on their account with NSDL or CDSL.

    NSDL DP ID is an 8-digit alphanumeric ID starting with IN, while CDSL DP ID is an 8-digit numeric ID.

    Kotak Securities DP ID Details:

    • Kotak Securities NSDL DP ID : IN300214
    • Kotak Securities CDSL DP ID : 25100



  7. 7. How to close Kotak Securities Demat account online?

    Kotak Securities Demat account cannot be closed online. Kotak Securities Demat account closure is an offline process wherein you are required to submit a duly filled physical account closure form to the nearest branch or send it to the correspondence address mentioned in the closure form.

    Before initiating the Demat account closure, ensure to transfer the securities, if any, in the Kotak Securities Demat account to another Demat account or sell them off.

    The account closure form is available on the Kotak Securities website under the Help section.



  8. 8. How to add nominee in Kotak Securities Demat account?

    Adding nominee in Kotak Securities Demat account is an offline process. You can add the nominee (maximum 3) either at the time of account opening or at a later stage.

    Steps to add nominee in Kotak Securities Demat account:

    • Download Kotak Securities Nomination Form from Kotak Securities website available under the Help tab.
    • Enter the DP details of the account for which the nominee's name is to be added.
    • Provide the Name, Address, Photograph, and, Contact details of the nominee. If the nominee is a minor, provide guardian details and the minor's birth date.
    • Sign the form.
    • Submit the form to the nearest Kotak Securities branch.



  9. 9. How to know my Demat account number in Kotak Securities?

    The Demat account number is assigned at the time of opening the account with Kotak Securities. You can check the Demat account number anytime by logging into your profile.

    Steps to know Demat account number in Kotak Securities:

    • Log in to your Kotak Securities account.
    • Click on the Moreoption at the bottom of the screen.
    • Go to Settings.
    • Click on Profile Settings.

    The screen will display Client ID and DP ID that represents your Demat account number.



Kotak Securities Account Opening Enquiry

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Information on this page was last updated on Wednesday, January 10, 2024

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