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Kotak Securities FAQs (Frequently Asked Questions)


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Kotak Securities Ltd, a subsidiary of Kotak Mahindra Bank was founded in 1994. They offers stock broking services and distributes financial products in India. They have 1209 branches, franchisees and satellite offices offers services to 11.95 Lakh customers. They corporate members with the Bombay Stock Exchange and the National Stock Exchange. They... Know more about Kotak Securities Ltd

Do you have questions about Kotak Securities share trading account or Kotak Securities demat account?

Get all your share trading doubts and questions answered by reading the Kotak Securities demat, trading account information FAQ. All Kotak Securities questions, Kotak Securities q&a, Kotak Securities faq and Kotak Securities questions and answers.

Kotak Securities Special Offer

Kotak 3-in-1 Account

Kotak Mahendra Bank offers trinity account, a 3-in-1 account which is a combination of saving bank, trading and demat account. It offers convenient investment in Equity, Derivatives, Mutual Funds, IPO and ETF.

Looking for an online trading account? Request Callback from a stock broker.

Frequently Asked Questions

  1. 1. How to invest in IPO through Kotak securities ASBA process?

    To invest in IPO through Kotak securities, one has to follow below easy steps:

    • First login on www.kotaksecurities.com and enter User ID & password
    • Go to IPO section & click on "Place Order"
    • Click on "ASBA application" radio button which fill all the necessary details to place an IPO order
    • After filling all details, click on "Place Order" tab which will take you to "Order Confirmation Page"
    • Check & confirm the details that you have filled in & click on "Apply" tab to complete the IPO transaction

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  2. 2. Can a client revise the bid at which he placed the application order?

    Yes, Revisions/ modifications can be done on the online portal and the final amount payable will be blocked by the Bank subsequently.

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  3. 3. Can I place multiple order under ASBA process?

    Yes, user can place 3 orders at different rates.

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  4. 4. Can I withdraw the blocked amount in favor of ASBA application?

    No, the amount blocked in your bank account supporting the ASBA application cannot be withdrawn till the time of allotment.

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  5. 5. Can a client withdraw application placed using ASBA during the issue period?

    Yes, he can make cancellations on the online portal till the last day of the issue. Subsequently, he will have to approach RTA for withdrawals.

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  6. 6. Is all the clients allowed to invest through Kotak securities ASBA process?

    This facility is available only for the clients having Trinity account with Kotak Securities whose mapped bank is the Kotak Mahindra Bank.

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  7. What is AMC for Kotak Securities?

    Kotak Securities charges ₹0 Annual Maintenance Charge (AMC) for a trading account and ₹600 for a demat account. AMC is charged to maintain the accounts.

  8. How much Kotak Securities charge for delivery?

    Kotak Securities charge 0.49% for equity delivery trade. These trades are also known as cash & carry trades or CNC.

  9. How much Kotak Securities charge for intraday?

    Kotak Securities charge 0.049% (both side) for intra-day trades. These orders are also known as Margin Intraday Square-up or MIS orders. All open intraday orders are auto squared-off at the end of the day. Extra leverage is offered for these trades.

  10. How much Kotak Securities charge for futures?

    Kotak Securities charge 0.049% (both side) for equity futures trading.

  11. How much Kotak Securities charge for options?

    Kotak Securities charge ₹300 per lot for equity options trading. Options are highly leveraged derivative products. Options trading is used in many ways including hedging or to reduce the risk exposure of the portfolio.

  12. How much Kotak Securities charge for commodity?

    Kotak Securities brokerage charges for commodity futures is 0.070% and commodity options is . Commodities futures are agreements to buy or sell raw material (food, energy or metal) at a specific date in the future at a particular price. Commodity options contracts are the right to buy (call option) or sell (put option) underlying commodity futures at predetermined prices on the date of contract expiry.

  13. What are transaction charges in Kotak Securities?

    Transaction Charges (or Exchange Turnover Charges) is a fee charged by the stock exchanges for trades done through them. Most brokers include clearing changes to it. These changes can be seen in the contract note.

    Kotak Securities Transaction Charges 2020
    SegmentTransaction Fee
    Equity Delivery0.1% (Buy and Sell)
    Equity Intraday0.025% (on Sell trade)
    Equity Futures0.01% (on Sell trade)
    Equity Options0.05% (on Sell trade premium) or 0.125% (on options)
    Currency FuturesNA
    Currency OptionsNA
    Commodity0.01% on sell side

  14. Does Kotak Securities offer IPO?

    Yes. Kotak Securities offers online IPO applications to its customers. Initial Public Offer (IPO) offers an early opportunity to buy shares of companies that are not previously traded publicly.

  15. Does Kotak Securities offer Mutual Funds?

    Yes. You can buy/sell Mutual Funds if you have an account with Kotak Securities. In a Mutual Fund, asset management companies (AMC) collect money from several investors and invest them into certain stocks, bonds, debt funds, etc.

  16. Does Kotak Securities offer margin funding for share/commodity trading?

    No. Kotak Securities doesn't provide margin funding.

  17. Does Kotak Securities provide tips?

    Yes. Kotak Securities provide trading tips for stock and commodity trading to its customers.

Contact Kotak Securities / Request Call Back

Get Kotak 3-in-1 account for seamless trading and investment. The integrated trading + demat + saving bank account is for convenient investment in the stock market and mutual funds. Request a Callback.

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Information on this page was last updated on Tuesday, January 28, 2020


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