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:
| Brokerage Charge & Fees | Kotak Securities |
| Equity Delivery Trading | 0.49% |
| Equity Intraday Trading | 0.049% |
| Commodity Options Trading | NA |
| Equity Futures Trading | 0.049% |
| Equity Options Trading | Rs.100 per Lot |
| Currency Futures Trading | 0.049% |
| Currency Options Trading | Rs.70 per Lot |
| Minimum Brokerage | Rs.21 per Trade |
| Demat AMC Charges | Free or Rs.300 per Annum |
| Trading AMC Charges | Rs.500 per Annum |
| Margin Money | Minimum Rs.25,000 |
| Brokerage Calculator | Kotak Securities Brokerage Calculator |
Know more about Kotak Securities –
| Demat Account Review | Brokerage Charges Review |
| Products Review | Services Review |
| KEAT Pro X Review | Kotak Stock Trader Review |
| Kotak Securities Review |
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 Dynamic Brokerage Plan:
- Flat Monthly Fee: Nil
- Equity Delivery: 0.59% – 0.30%
- Equity Intra Day: 0.06% – 0.05%
- Futures: 0.07% – 0.05%
- Options: 2.5% – 1.8%
- Currency Futures: 0.04%/Rs 20 per lot
- Currency Options: Rs 20 – Rs 7.5 per lot
- Commodity: Nil
Kotak Securities Advance Brokerage Plan:
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 5000 to Rs 2, 00,000 and the special service will be valid for 12 months. Other than the brokerage charges there are other benefits as well.
These include no account opening charges, the validity is long, and the return is the most. There are mainly four plans in the Advance Brokerage plan. The brokerage charges of them are:
| Plans | Plan A (Rs 5000) | Plan B (Rs 10,000) |
| Delivery | 0.390% | 0.290% |
| Cash Intra Day | 0.040% | 0.035% |
| Futures | 0.040% | 0.035% |
| Options | Rs 225/- per lot | Rs 225/- per lot |
| Currency Futures | 0.024% or Rs. 12 per lot whichever is higher | 0.020% or Rs. 10 per lot whichever is higher |
| Currency Options | Rs.12 | Rs.10 |
| Plans | Plan C (Rs 50,000) | PlanD (Rs 2,00,000) |
| Delivery | 0.190% | 0.120% |
| Cash Intra Day | 0.030% | 0.015% |
| Futures | 0.030% | 0.015% |
| Options | Rs 150/- per lot | Rs 150/- per lot |
| Currency Futures | 0.016% or Rs. 8 per lot whichever is higher | 0.016% or Rs. 8 per lot whichever is higher |
| Currency Options | Rs.8 | Rs.8 |
Special Charges of Rs 750 are charged with an Advance Brokerage Plan.
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
List of all Full-Service Brokers in India –
Angel Broking , Motilal Oswal , Kotak Securities , HDFC Securities , Sharekhan , India Infoline / IIFL , ICICI Direct , Edelweiss , Karvy , SBI Cap Securities , Geogit BNP Paribas , Anand Rathi , Religare Securities , Indiabulls Ventures , Just Trade , Ventura Securities , Aditya Birla Money , Axis Direct , SMC Global , GEPL Capital , IDBI Direct , GCL Securities , Arihant Capital , Mangal Keshav , MasterTrust , Networth Direct , Reliance Securities , Sushil Finance , LSE Securities
Important Blog Posts –
Best Stock Broker in India , Top 10 Intraday Trading Brokers in India , Top 10 Sub Broker Partner in India , Full Service Broker vs Discount Broker in India , 10 Best Practices of Share Market Investment , Mutual Fund vs Real Estate Investment , Top 10 Full Service Brokers in India , Top 10 Discount Brokers in India , Best Demat Account in India