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0.91% 1,267,424 Clients
Kotak Securities Account Opening Enquiry
Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now
Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Portfolio Management services (PMS), research, margin trade fu... 
Kotak Securities offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Kotak Securities. Kotak Securities fee 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 | 0.25% (Minimum Rs 20 per trade) |
| Equity Intraday | Free |
| Equity Futures | Delivery: Rs 20 per trade | Intraday: Free |
| Equity Options | Delivery: Rs 20 per trade | Intraday: Free |
| Currency Futures | Delivery: Rs 20 per trade | Intraday: Free |
| Currency Options | Delivery: Rs 20 per trade | Intraday: Free |
| Commodity Futures | Delivery: Rs 20 per trade | Intraday: Free |
| Commodity Options | Delivery: Rs 20 per trade | Intraday: Free |
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | Rs 499 (One Time) |
| Equity Delivery | 0.39% |
| Equity Intraday | 0.039% |
| Equity Futures | 0.039% |
| Equity Options | Rs 39 per lot |
| Currency Futures | Rs 9 per lot |
| Currency Options | Rs 5 per lot |
| Commodity Futures | 0.039% |
| Commodity Options | Rs 39 per lot |
The Demat account transactions are charged separately from the trading commission. Find Kotak Securities Demat account charges 2022.
| Sr | Account Head | Rate |
|---|---|---|
| 1 | Account Opening | Rs 0 (Free) |
| 2 | Demat Account Maintenance Charges (AMC) | Rs 600 per year |
| 3 | Dematerialisation | Rs 150 per certificate + Rs 50 per request courier charges |
| 4 | Rematerialisation | Rs 10 for 100 securities (Minimum payable Rs 15) |
| 5 | Debit Transactions | 0.04% + NSDL charges (minimum Rs 20) |
| 6 | Pledge Charges | Rs 20 per ISIN |
| 7 | Invocation of Pledge | Rs 20 per ISIN |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE: 0.00325%, BSE: 0.00325% |
| Equity Intraday | NSE: 0.00325%, BSE: 0.00325% |
| Equity Futures | NSE: 0.0019% |
| Equity Options | NSE: 0.05% on Premium |
| Currency Futures | NSE: 0.0009%, BSE: 0.00022% |
| Currency Options | NSE: 0.035%, BSE: 0.001% |
| Commodity | MCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006% |
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) |
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% |
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Equity Intraday |
Free |
0.039% |
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Equity Futures |
C/F: Rs 20 per order; Intraday: Free |
0.039% |
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Equity Options |
C/F: Rs 20 per order; Intraday: Free |
Rs 39 per lot |
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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 Max that comes at an annual subscription charge of Rs 2,499 with the benefit of Margin Trading Facility at lower interest rates (7.75%) and brokerage cashback up to Rs 3499.
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 7.75% coupled with brokerage cashback up to Rs 3,499 for the next 90 days. Trade Free Max plan has similar brokerage charges as Trade Free Plan but comes at an annual subscription fee of Rs 2,499.
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, 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 free intraday trading across segments and a flat fee of Rs 20 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
Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now
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Information on this page was last updated on Monday, November 7, 2022
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