What are Kotak securities NRI brokerage charges?

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There are various charges and taxes associated with Kotak NRI account. Here's a breakdown of charges.

Kotak securities charges for NRI

Account Opening Charges (One Time Fee)

₹3750

Brokerage (Equity Delivery)

1% of the turnover or 25 Paise per share, whichever is higher

Average Quarterly Balance in Savings Account

₹10,000

PIS Account Maintenance Fee

₹1000 per year

Demat Account Maintenance Fee

₹75 per month

Note:

  • 'Free Intraday Trading (FIT)' plan is not available to NRI as NRI's are not permitted to trade in Intraday.
  • Kotak securities NRI charges for demat account is same as resident account.
  • Short term Capital Gain Tax of 15.45% on profit is applicable if stocks are sold within a year of purchase. This is deducted as TDS.



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