Chittorgarh.com Logo
Loading...

Kotak Securities Brokerage Charges, Fees, AMC, Transaction Charges 2022


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... Know more about Kotak Securities Ltd

Kotak Securities Account Charges

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).

Kotak Securities Account Open Charges | Kotak Securities AMC 2022

TransactionFee
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

Kotak Securities Brokerage Charges 2022

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.

Kotak Securities Trade Free Plan

SegmentBrokerage Fee
Monthly Fee (Fixed)
Equity Delivery0.25% (Minimum Rs 20 per trade)
Equity IntradayFree
Equity FuturesDelivery: Rs 20 per trade | Intraday: Free
Equity OptionsDelivery: Rs 20 per trade | Intraday: Free
Currency FuturesDelivery: Rs 20 per trade | Intraday: Free
Currency OptionsDelivery: Rs 20 per trade | Intraday: Free
Commodity FuturesDelivery: Rs 20 per trade | Intraday: Free
Commodity OptionsDelivery: Rs 20 per trade | Intraday: Free

Kotak Securities Dealer Assisted Plan

SegmentBrokerage Fee
Monthly Fee (Fixed)Rs 499 (One Time)
Equity Delivery0.39%
Equity Intraday0.039%
Equity Futures0.039%
Equity OptionsRs 39 per lot
Currency FuturesRs 9 per lot
Currency OptionsRs 5 per lot
Commodity Futures0.039%
Commodity OptionsRs 39 per lot

Kotak Securities Demat Account Charges 2022

The Demat account transactions are charged separately from the trading commission. Find Kotak Securities Demat account charges 2022.

Kotak Securities Demat Account Charges

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

Kotak Securities Transaction Charges (Exchange Turnover Charge)

A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .

Kotak Securities Transaction Charges 2022

SegmentTransaction Fee
Equity DeliveryNSE: 0.00325%, BSE: 0.00325%
Equity IntradayNSE: 0.00325%, BSE: 0.00325%
Equity FuturesNSE: 0.0019%
Equity OptionsNSE: 0.05% on Premium
Currency FuturesNSE: 0.0009%, BSE: 0.00022%
Currency OptionsNSE: 0.035%, BSE: 0.001%
CommodityMCX (for Agri & Non Agri): 0.0026%, NCDEX: 0.006%

Kotak Securities Trading Taxes

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.

Kotak Securities Tax on Trading

Tax Kotak SecuritiesRates

Securities Transaction Tax (STT)

  • Equity Delivery: 0.1% on both Buy and Sell
  • Equity Intraday: 0.025% on the Sell Side
  • Equity Futures: 0.01% on Sell Side
  • Equity Options: 0.05% on Sell Side(on Premium)
  • Commodity Futures: 0.01% on sell side (Non-Agri)
  • Commodity Options: 0.05% on sell side
  • Currency F&O: No STT
  • On Exercise transaction: 0.125%
  • Right to entitlement: 0.05% on sell side

Exchange Transaction Charges

Refer table above

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)

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Free Account Opening
  • Brokerage-Free Intraday trading
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Frequently Asked Questions

  1. 1. What is the brokerage of Kotak Securities?

    Kotak Securities offers free intraday trading and flat Rs 20 per trade for Futures and Options trading across segments.

    Kotak Securities Brokerage

    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 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.

     

     

  2. 2. Is Kotak Securities a discount broker?

    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.

     

     

  3. 3. How to check brokerage charges in Kotak Securities?

    Kotak Securities offers three brokerage plans to its customers.

    1. Trade Free Plan.
    2. Trade Free Max
    3. Dealer Assisted Plan.

    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.

     

     

  4. 4. How does Kotak Securities charges brokerage?

    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.

     

     

  5. 5. How is Kotak Securities brokerage calculated?

    Kotak Securities calculates brokerage using below methods:

    1. Flat brokerage.
    2. Percentage basis.
    3. Per lot basis.

    Kotak Securities brokerage calculation depends on the chosen plan.

    Kotak Securities Brokerage Calculation

    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:

    • Intraday trading is free under Trade Free Plan and Trade Free Max.
    • Minimum brokerage of Rs 20 is charged for Equity Delivery in Trade Free Plans and Rs 21 in Dealer Assisted Plan.

    Refer Kotak Securities Brokerage for more details.

     

     

  6. 6. What is Kotak Securities Trade Free Plan?

    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:

    • Free Account Opening.
    • Free and unlimited Intraday Trading across Equity, F&O, Currency, and Commodity.
    • Access to in-depth research and top stock picks from an experienced team of analysts.
    • A minimum brokerage of 1 paisa per contract charged for Intraday trading to adhere to statutory requirements.
    • Available for resident Indians and online trading customers.
    • Equity Delivery brokerage gets charged at 0.25% of the trade value of Rs 20 whichever is higher.
    • A perpetual plan with no expiry date. This plan remains valid till the investor chooses to change it or the broker discontinues it.
    • Margin Trading facility available at higher interest rates of 11.49%.

     

     

  7. 7. How much brokerage in Kotak Securities?

    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

Related articles

Kotak Securities brokerage, Kotak Securities brokerage charges, Kotak Securities brokerage charges 2022, Kotak Securities brokerage review, Kotak Securities brokerage plans, Kotak Securities intraday brokerage, Kotak Securities prepaid brokerage plans, Kotak Securities charges, Kotak Securities fees, Kotak Securities pricing, Kotak Securities charge list, Kotak Securities charges calculator, Kotak Securities brokerage calculater, Kotak Securities yearly charges, Kotak Securities yearly maintenance charge, Kotak Securities option brokerage, Kotak Securities plans, Kotak Securities trading charges and Kotak Securities fund transfer

Information on this page was last updated on Monday, November 7, 2022

Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade + Free Account Opening. Open Instant Account Now

3 Comments

3. Vishal   I Like It. |Report Abuse|  Link|Feb 1, 2022 1:20:55 PMReply
How do close kotak securities account .. please help is there is any format of mail?
2. Kapasi nuruddin Taherali   I Like It. |Report Abuse|  Link|Oct 30, 2021 12:38:08 AMReply
I can't understand this this and this I have total net loss praise of bay and sell aftar net bro.peaise with all txe and aadhar charges
net/% how? 😧
2.1. VIJAY THAKKER   I Like It. |Report Abuse|  Link|Dec 9, 2021 11:23:15 AM
KOTAK SECURITIES CHARGES 25% OUT GOING CHARGES I CLOSED MY ACCOUNT YOU MUST CLOSED YOUR ACCOUNT FOR AVOID OUT GOING CHARGES.
1. rahul   I Like It. |Report Abuse|  Link|Aug 3, 2021 6:54:09 PMReply
bhai kotak ki site per 0.25 % delivery charge hai and tum yaha kuch aur show ker rahe ho?