Kotak Securities Brokerage Charges & Brokerage Plans Review

In this article we will look into in detail regarding Kotak Securities Brokerage Charges & various brokerage plans which they offer to their clients.

Kotak Securities is a well-known stock broking, trading, and investment facility brought forward by the Kotak Mahindra Bank. It has been a corporate member of the Bombay Stock Exchange and the National Stock Exchange of India. It is operating from 1994, and the headquarters are situated in Mumbai.

They have a huge number of users in a year, and they provide several popular services. It has opened more than 1000 offices throughout India. They also own a very successful online trading and investment website.

Open Demat Account with Kotak Securities

Kotak Securities Brokerage Charges

Like any other trading company, Kotak Securities also charges brokerage charges. This helps them in providing better service to any customer. The brokerage charges vary according to the services that one is availing.

Also, the brokerage charges can be reduced by opening a DEMAT account from them. But here is the latest brokerage charges that the company is levying:

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Kotak Securities Brokerage Plans

Lets discuss in detail about various brokerage plans available for Kotak Securities:

Kotak Securities Fixed Brokerage Plan:

• Flat Monthly Fee: Nil
• Equity Delivery: 0.49%
• Equity Intra Day: 0.049%
• Futures: 0.49%
• Options: Rs 300
• Currency Futures: Nil
• Currency Options: Nil
• Commodity: 0.070
• Minimum Brokerage: Delivery: 4 paise; Intra Day and Futures orders: 3 paise

Kotak Securities Trade Free Plan (Rs.999 per Year):

This is a special account as it helps one in saving the bulk of brokerage charges. One can avail it by depositing an amount from Rs.999 and the special service will be valid for 12 months. As per the plan, you get ample of services, including discounted brokerage.

It is a great perk for day traders, as they can place orders in a day without having to pay a brokerage amount. Trading in Delivery and Commodity segment, you only have to pay the charges in the range of 0.25%. While, the other segments charge is Rs.20 per executed order.

Brokerages Charges of Kotak Securities NRI Account

Kotak Securities brokerage charges varies for NRIs. The company does believe in providing them with comfort and ease. They have made it easier on them by linking it with a simple account. They have made it unified for any trade that the person does. So, here is the cost of trading for NRIs:

• Account opening charge: Rs 3750
• Brokerage: 1% of the turnover or 25 Paise per share, whichever is higher
• Securities Transaction Tax (STT): 0.1%
• Average Quarterly Balance in Saving: Rs.10, 000
• Account Maintenance Charge: PIS is Rs 1000/year, and Demat is Rs 75/ month

So, here is a comprehensive view of all the kotak securities brokerage charges that are levied by Kotak Securities. They do give a lot more benefits than other companies. People who are afraid of brokerage charges can use their plans to try it out.

Kotak Securities Brokerage Charges Customer Ratings

Open Demat Account with Kotak Securities

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