Last Updated - 2018-12-04
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Kotak Securities Brokerage Charges, AMC and Trading Charges and overview - Kotak Securities Limited is a leading brokerage, distribution and financial services company. Its major business comes from stock brokerage service for investors and traders.
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Here we are going to cover end to end charges for Equity Delivery, Equity Intraday, F&O, Currency derivatives, Commodity and Trading & Demat account opening charges + AMCs. In case of multiple plan we are proposing multiple plan in plan section.
Trading Account opening is one time fee that Kotak Securities charge while initiate your account opening process. Trading AMC(Annual maintenance Charges) is an annual fee charges by Kotak Securities to maintain your account. This is the annual charges and deduct from your account even if you haven't trade for a year.
| Transaction | Duration | Fee | |
|---|---|---|---|
| 1. | Trading Account Opening Charges | One Time | Rs 750 |
| 2. | Trading Annual Maintenance Charges(AMC) | Yearly Fee | Free |
This plan suits newbies as the brokerage is fixed irrespective of the volume of trade. Call & Trade facility is free for first 20 calls. From the 21st call, Rs 20 per call is charged. Not suited for Option Trading as brokerage is really high for it.
| Type | Value |
|---|---|
| Plan Name | Fixed Brokerage Plan (Percentage Based) |
| Flat Fee | NA |
| Equity Delivery | 0.49% or 49 paisa |
| Equity Intraday | 0.049% or 5 paisa |
| Equity Futures | 0.049% or 5 paisa |
| Equity Options | Rs 300 Per Lot |
| Currency Futures | .02% or Rs. 10 per lot whichever is higher |
| Currency Options | Rs 10 Per Lot |
| Commodity | NA |
Please refer our unique and accurate Kotak Securities Brokerage Calculator
Kotak Securities Equity Brokerage Charges is the total trading cost that a client has to bear for trading in equity. It is calculated by sum up all the taxes and charges that is levied on top of your brokerage. The charges and taxes are Transaction charges, STT or Securities Transaction Charges, GST, Stamp Duty and SEBI Charges. There is difference in Equity Delivery, Equity Intraday, Equity Futures & Equity Options trading cost. Please refer the details below:
| Type | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | 0.49% or 49 paisa | 0.049% or 5 paisa |
| Transaction Charges | Rs 325 Per Cr | Rs 325 Per Cr |
| GST | 18% on the Brokerage and Transaction charges | 18% on the Brokerage and Transaction charges |
| SEBI Turnover Charges | 15 Rs/Crore | 15 Rs/Crore |
| STT | 0.01% on Both Side(Buy and Sell) | 0.025% on Sell |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State | 0.01% subject to a maximum of Rs 50 - Varies by State |
| Brokerage Calculator | Equity Delivery Brokerage Calculator | Equity Intraday Brokerage Calculator |
| Type | Equity Futures | Equity Options |
|---|---|---|
| Brokerage | 0.049% or 5 paisa | Rs 300 Per Lot |
| Transaction Charges | Rs 190 Per Cr | Rs 5000 Per Cr |
| GST | 18% on the Brokerage and Transaction charges | 18% on the Brokerage and Transaction charges |
| SEBI Turnover Charges | 15 Rs/Crore | 15 Rs/Crore |
| STT | 0.01% on Sell | 0.017% on Sell |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State | 0.01% subject to a maximum of Rs 50 - Varies by State |
| Brokerage Calculator | Equity Futures Brokerage Calculator | Equity Options Brokerage Calculator |
| SPAN Margin Calculator | Equity Futures SPAN Margin | Equity Options SPAN Margin |
Kotak Securities Currency Trading Charges is the total trading cost that a client has to bear for trading in Currency. It is calculated by sum up all the taxes and charges that is levied on top of your brokerage. The charges and taxes are Transaction charges, STT or Securities Transaction Charges, GST, Stamp Duty and SEBI Charges. There is differance in Currency Futures & Currency Options trading cost with Kotak Securities. Please refer the details below:
| Type | Currency Futures | Currency Options |
|---|---|---|
| Brokerage | .02% or Rs. 10 per lot whichever is higher | Rs 10 Per Lot |
| Transaction Charges | Rs 110 Per Cr | Rs 4000 Per Cr |
| GST | 18% on the Brokerage and Transaction charges | 18% on the Brokerage and Transaction charges |
| SEBI Turnover Charges | 15 Rs/Crore | 15 Rs/Crore |
| STT | No STT | No STT |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State | 0.01% subject to a maximum of Rs 50 - Varies by State |
Kotak Securities Commodity Trading Charges is the total trading cost that a client has to bear for trading in Commodity. It is calculated by sum up all the taxes and charges that is levied on top of your brokerage. The charges and taxes are Transaction charges, CTT or Securities Transaction Charges, GST, Stamp Duty and SEBI Charges.
| Type | Commdity |
|---|---|
| Brokerage | NA |
| Transaction Charges | NA |
| GST | 18% on the Brokerage and Transaction charges |
| SEBI Turnover Charges | 15 Rs/Crore |
| STT/CTT | 0.01% on Sell |
| Stamp Duty* | 0.01% subject to a maximum of Rs 50 - Varies by State |
Demat Account opening is the one time fee that Kotak Securities charge while initiate your demat account opening process. If you already have a demat account, then it can be linked with your trading account. Please check more details with Kotak Securities's representative. Demat AMC (Annual maintenance Charges) is an annual fee charges by Kotak Securities to maintain your demat account.
| Type | Details | |
|---|---|---|
| 1. | DP Source | CDSL |
| 2. | Demat Account Opening Charges | Free |
| 3. | Demat Account Annual Maintenance Charges(AMC) | Individual (Resident)-RESIDENT -Rs. 65 pm for upto 10 debit transactions. Rs.50 pm for 11 to 30 debit transactions. Rs. 35 pm for more than 30 debit transactions. (Plus applicable taxes) NRI-Rs.75/- pm Corporate (Resident)-Rs 100/- pm Corporate (NRI)-Rs.125/-pm AMC Charges for BSDA Account Rs. 100/- per annum (if DP value is more than Rs. 50,000/- and less than 2 lacs) Zero (if DP value is less than Rs. 50,000/-) |
| 4. | Statutory Charges (Stamp Charges payable upfront) | NA |
| 5. | Advance Deposit | NA |
| 6. | Transaction Charges per ISIN (Market Trades) | |
| Buy (Receive) | Rs 0 | |
| Sell (Debit) | Individual: For Regular ( Non BSDA Accounts ) On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). For BSDA Accounts On Market /Off Market 0.06% of the value of securities or Minimum Rs. 44.50 (Plus CDSL charges as applicable + applicable taxes) Corporate :- On Market /Off Market 0.04% of the value of securities or Minimum Rs. 27(Plus CDSL charges as applicable + applicable taxes). | |
| 7. | Demat & Remat Charges | |
| Demat | Individual Rs.3/- per certificate plus Rs. 50/- per request Corporate:- Rs.3/- per certificate plus RS. 50/- per request. | |
| Remat | Individual Rs.10/- for 100 shares. Minimum Payable Rs. 15/- Corporate Rs.10/- for 100 shares Minimum Payable Rs. 15/- | |
| 8. | Pledge Charges | |
| Pledge Creation per ISIN | Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- | |
| Pledge Creation Confirmation per ISIN | Individual 0.05% of the value of securities Minimum Rs 30/-Corporate 0.05% of the value of securities Minimum Rs 30/- | |
| Pledge Closure per ISIN | Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- | |
| Pledge Closure Confirmation per ISIN | Individual 0.05% of the value of securities Minimum Rs 30/- Corporate 0.05% of the value of securities Minimum Rs 30/- | |
| Pledge Invocation per ISIN | Individual 0.04% of the value of securities Minimum Rs 30/- Corporate 0.04% of the value of securities Minimum Rs 30/- | |
| 9. | Failed Instruction Charges | Nil |
| 10. | Other Charges Demat | Nil |
In this section we have covered general question related to Kotak Securities brokerage and demat account charges like -