The side-by-side comparison of Religare and Kotak Securities Ltd stock brokers in India. The comparison below highlights the similarities and differences between Religare and Kotak Securities's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Religare and Kotak Securities.
Update On Dec 20, 2017, Edelweiss Group's wealth management unit has acquired the securities business of Religare Enterprises Ltd. The acquisition includes Religare's securities and commodities broking services along with depository participant s...
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 cu...
Type of Broker
Full Service Broker
Full Service Broker
Supported Exchnage
BSE, NSE, MCX
BSE, NSE, MCX, NCDEX
Account Type
My Saver Online Plan
Fixed Brokerage Plan
Broker Enquiry
Year of Incorporation
Number of Branches
Stock Broker Fees / Charges
Religare
Kotak Securities Ltd
Trading Account Opening Fees
₹500
₹750
Trading Account AMC
Nil
₹0
Demat Account Opening Fees
Nil
₹0
Demat Account AMC
₹400 from second year onward
₹600
Demat Account is Mandatory?
No
No
Trading Brokerage Charges
Brokerage Plan 1
Religare
Kotak Securities Ltd
Account Type
My Saver Online Plan
Fixed Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
0.49%
Equity Intraday Brokerage
0.050% to 0.010%
0.049% (both side)
Equity Futures Brokerage
0.05%
0.049% (both side)
Equity Options Brokerage
₹70 per lot
₹300 per lot
Currency Futures Trading Brokerage
0.05%
Currency Options Trading Brokerage
₹30 per lot
Commodity Futures Trading Brokerage
0.05%
0.070%
Commodity Options Trading Brokerage
₹30 per lot
Brokerage Plan 2
Religare
Kotak Securities Ltd
Account Type
My Saver Online Plan
Dynamic Brokerage Plan
Fixed Charges
Equity Delivery Brokerage
0.50% to 0.10%
0.59% to 0.30%
Equity Intraday Brokerage
0.050% to 0.010%
0.06% to 0.05%
Equity Futures Brokerage
0.05%
0.07% to 0.05%
Equity Options Brokerage
₹70 per lot
2.5% to 1.8%
Currency Futures Trading Brokerage
0.05%
0.04% or Rs 20 per lot
Currency Options Trading Brokerage
₹30 per lot
Rs 20 to Rs 7.5 per lot
Commodity Futures Trading Brokerage
0.05%
Commodity Options Trading Brokerage
₹30 per lot
Other Charges
Minimum Brokerage Charges
1p per share
₹21 per executed order
Other Brokerage Charges
SMS Alerts at ₹50 per month
Call & Trade Charges
₹10 per executed order (max Rs 50 per day)
₹20 per call after first 20 free calls in a month
Taxes
Religare
Kotak Securities Ltd
Securities Transaction Tax (STT)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Equity Intraday: 0.025% (on Sell trade)
Equity Delivery: 0.1% (on Buy and Sell)
Equity Futures: 0.01% (on Sell trade)
Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Currency Futures: Nil
Currency Options: Nil
Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges
Check table below
Check table below
SEBI Charges
Rs 15 per Crore
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Charged as per the state of the client's correspondence address.
Transaction Charges
Religare
Kotak Securities Ltd
Equity Delivery
0.0037%
0.1% (Buy and Sell)
Equity Intraday
0.0037%
0.025% (on Sell trade)
Equity Futures
0.004%
0.01% (on Sell trade)
Equity Options
0.06% on Premium
0.05% (on Sell trade premium) or 0.125% (on options)
Kotak Security is a full services broker offering wide range of investment options and research reports.
Kotak Securities has extended network of 1400+ branches across India.
It offers 3-in-1 account, the combination of broker account, bank account and a demat account. All these accounts are linked together and work seamlessly to make stock market investment very easy especially for beginners in stock market.
Kotak offers 5 different trading platforms to fulfill almost all customer requirements.
Religare offer FREE Trading + Demat Account. In addition you get Rs 0 AMC on Demat Account for 1st year.
This is a limited time offer. Simply leave your contact information with us and religare representatives will contact you.
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.
Zerodha
Zero Account Opening Fee