
To start trading with Kotak Securities, you must first open a trading and demat account with the broker. Account opening is a one-time fee that is charged when you open an account with the broker.
Kotak Securities trading and demat account opening fees are as follows:
| Seq No. | Transaction | Fee |
|---|---|---|
| 1. | Trading Account Opening Charges | Free |
| 2. | Demat Account Opening charge | Free |
The annual maintenance charge (AMC) is a fee levied every year for maintaining your demat account with Kotak Securities. The yearly maintenance fees associated with the Kotak Securities account are as follows:
| Seq No. | Transaction | Fee |
|---|---|---|
| 1. | Trading Account AMC | Free |
| 2. | Demat Account AMC | Rs 600 PA |
To get complete details of Kotak Securities Demat charges, click here -Kotak Securities Demat Charges
Kotak Securities Trade Free Plan charges Rs 10/order brokerage on all intraday trades and 0.20% on stock delivery trades.
| Segment | Value |
|---|---|
| Plan Name | Rs 10 Plan |
| Monthly Plan | Free (Switching fee: Rs 499 + GST) |
| Equity Delivery | 0.20% |
| Equity Intraday | 0.05% or Rs 10 |
| Equity Futures | Flat Fee Rs 10 |
| Equity Options | Flat Fee Rs 10 |
| Currency Futures | Flat Fee Rs 10 |
| Currency Options | Flat Fee Rs 10 |
| Commodity | Flat Fee Rs 10 |
Kotak Securities Trade Free Pro Plan offers Free or zero brokerage intraday trading in all segments whereas delivery trading is charged flat Rs 20 per order. Also, get upto 4X margin trading facility (MTF) at 9.75% interest per annum.
| Segment | Value |
|---|---|
| Plan Name | Kotak Securities Trade Free Max Plan |
| Monthly Plan | Rs 249 + GST per month |
| Equity Delivery | 0.10% |
| Equity Intraday | 0.05% or Rs 10, whichever is lower |
| Equity Futures | Flat Fee Rs 10 |
| Equity Options | Flat Fee Rs 10 |
| Currency Futures | Flat Fee Rs 10 |
| Currency Options | Flat Fee Rs 10 |
| Commodity | Flat Fee Rs 10 |
Kotak Security Trade Free Youth plan is for young traders and investors below 30 years. The plan offers you brokerage-free trading in all segments be it intraday or delivery.
| Segment | Value |
|---|---|
| Plan Name | Kotak Securities Trade Free Youth Plan |
| Monthly Plan | Rs. 99 for 1st year and Rs 499 for 2nd year |
| Equity Delivery | Free |
| Equity Intraday | 0.05% or Rs 10, whichever is lower |
| Equity Futures | Flat Fee Rs 10 |
| Equity Options | Flat Fee Rs 10 |
| Currency Futures | Flat Fee Rs 10 |
| Currency Options | Flat Fee Rs 10 |
| Commodity | Flat Fee Rs 10 |
Exchange Transaction charge, fee or turnover charge is levied by the stock exchange on the total trade transaction value or traded value. The fee is applicable on both buy and sells sides. Since it is the exchange who fixes exchange transaction fee, the charges for the same segment may vary across the exchanges like BSE, and NSE.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE:297 | BSE:375 Per Cr |
| Equity Intraday | NSE:297 | BSE:375 Per Cr |
| Equity Futures | NSE:173 | BSE:0 Per Cr |
| Equity Options | NSE:3503 | BSE:3250 Per Cr on premium |
Check other charges with Kotak Securities such as call & trade, auto square-off charges, fund transfer charges, and more.
Kotak Securities charges for equity delivery trading is 0.20%. However, Kotak Securities charges for equity intraday is 0.05% or Rs 10, futures brokerage - Flat Fee Rs 10 and for options trading, it is Flat Fee Rs 10 per executed order. Total trading costs with Kotak Securities include brokerage charges, transaction charges, and other types of taxes on trading and investing like STT, SEBI charges, GST, Stamp duty, etc. You can check the total brokerage along with the taxes levied below;
| Type | Charges |
|---|---|
| Brokerage Equity Delivery | 0.20% |
| Transaction Charges Equity Delivery | NSE:297 | BSE:375 Per Cr |
| STT Equity Delivery | 0.1% on Both Side(Buy and Sell) |
| Stamp Duty Equity Delivery | Rs 1500 Per Cr on Buy only |
| Brokerage Equity Intraday | 0.05% or Rs 10 |
| Transaction Charges Equity Intraday | NSE:297 | BSE:375 Per Cr |
| STT Equity Intraday | 0.025% on Sell |
| Stamp Duty Equity Intraday | Rs 300 Per Cr on Buy only |
| Brokerage Equity Futures | Flat Fee Rs 10 |
| Transaction Charges Equity Futures | NSE:173 | BSE:0 Per Cr |
| STT Equity Future | 0.05% on Sell |
| Stamp Duty Equity Future | Rs 200 Per Cr on Buy only |
| Brokerage Equity Options | Flat Fee Rs 10 |
| Transaction Charges Equity Options | NSE:3503 | BSE:3250 Per Cr on premium |
| STT Equity Options | 0.15% on Sell |
| Stamp Duty Equity Options | Rs 300 Per Cr on Buy only |
| SEBI Turnover Charges | Rs 10 Per Cr |
| GST | 18% on the Brokerage and Transaction charges |
Kotak Securities currency trading charges are the total trading costs that a client has to pay for trading in currency futures & options segment. They are calculated by sum up the brokerage and all the taxes and charges (STT or securities transaction fees, GST, stamp duty and SEBI charges). The brokerage for trading in Kotak Securities Currency Futures brokerage is - Flat Fee Rs 10 and Kotak Securities Currency Options brokerage is Flat Fee Rs 10. Find the complete list of charges on currency trading in Kotak Securities below:
| Type | Charges |
|---|---|
| Brokerage Currency Futures | Flat Fee Rs 10 |
| Transaction Charges Currency Futures | NSE:35 | BSE:45 Per Cr |
| Brokerage Currency Options | Flat Fee Rs 10 |
| Transaction Charges Currency Options | NSE:3110 | BSE:100 Per Cr |
| STT | No STT |
| Stamp Duty Currency Futures | Rs 10 Per Cr on Buy only |
| SEBI Turnover Charges | Rs 10 Per Cr |
| GST | 18% on the Brokerage and Transaction charges |
Kotak Securities brokerage charges for Commodity trading is - Flat Fee Rs 10. Apart from this, other taxes such as Commodity Transaction Tax (CTT), GST, Stamp duty, and SEBI charges are levied. Find full list below:
| Type | Charges |
|---|---|
| Brokerage | Flat Fee Rs 10 |
| Transaction Charges | MCX: 4180| NSE: 100 Per Cr |
| STT/CTT | 0.15% on Sell |
| SEBI Turnover Charges | Rs 10 Per Cr |
| Stamp Duty* | 0.002% |
| GST | 18% on the Brokerage and Transaction charges |