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Kotak Securities Ltd Demat Charges 2024

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 Demat Charges
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Kotak Securities Ltd is the Depository Participant (DP) with CDSL and NSDL. Kotak Securities Ltd Demat charges details includes account opening charges & Annual Maintenance Charges (AMC), transaction charges, Demat and Remat charges, pledge charges, failed Instruction charges and other charges.

TransactionCharges
Trading Account Opening ChargesFree
Trading AMCFree
Demat Account Opening ChargesFree
Demat AMCRs 600 PA


Kotak Securities Ltd Demat Account Details

Kotak Securities Ltd Demat Charges - 2024
#TypeDetailsDetails
1DP SourceCDSLNSDL
2Demat Account Annual Maintenance Charges(AMC)₹780 pa₹780 pa
3Statutory Charges (Stamp Charges payable upfront)NilNil
4Advance DepositNANIL
5Transaction Charges (Market Trades)
Buy (Receive)₹ 0₹ 0
Sell (Debit)0.04% (Min ₹27) + CDSL charges0.04% (Min ₹27) + CDSL charges
6Demat & Remat Charges
Demat₹3 per certificate + ₹50 courier charges₹3 per certificate + ₹50 courier charges
Remat₹10 for every hundred securities (Min ₹15)₹10 for every hundred securities (Min ₹15)
7Pledge Charges
Pledge Creation0.05% of transaction value (Min ₹30)0.05% of transaction value (Min ₹30)
Pledge Creation Confirmation0.05% of transaction value (Min ₹30)0.05% of transaction value (Min ₹30)
Pledge Closure0.05% of transaction value (Min ₹30)0.05% of transaction value (Min ₹30)
Pledge Closure Confirmation0.05% of transaction value (Min ₹30)0.05% of transaction value (Min ₹30)
Pledge Invocation0.05% of transaction value (Min ₹30)0.05% of transaction value (Min ₹30)
8Failed Instruction ChargesNilNil
9Other Charges DematNilNil
10RemarksNilNil
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FAQs

The required documents for opening a Demat account in Kotak securities are mentioned below :-

  1. One Identity Proof from any of these:- Aadhar Card, Driving License, Voter ID
  2. PAN Card
  3. Bank Passbook or Account Details
  4. Photo
  5. E-mail ID

 

If you wish to open a Demat account in Kotak security then follow the procedure:-

  1. Visit this link of Kotak Securities' official website:-

https://www.kotaksecurities.com/

  1. Choose the plan according to your requirements.
  2. Enter your Mobile No and verify it by OTP.
  3. Fill up your personal details and banking details.
  4. Upload Aadhar Card and PAN Card.
  5. The final step is completing the E-Sign by virtual ID (Aadhar Card).

As all your information gets verified by the Kotak Securities Depository Participant, you will be given a Login ID & Password via mobile number and E-mail ID within the next 1-2 trading day.

 

If you want to close a Demat account of Kotak Securities then follow these steps :-

  1. Visit this link to get a Demat account closure form from Kotak Securities:-

https://www.kotaksecurities.com/whatweoffer/PDF/Account-Closure-Trading.pdf

  1. Download this form and carefully fill up all the required details, Name of the Holder(s), client ID, DP ID, etc.
  2. Mention the reason why you want to close the Demat account of Kotak Securities.
  3. Now courier this form to the DP Head Office.

Must Consider the following things before closing a Demat account :-

  • Ensure there should be no holdings or securities in your existing Demat account. If you have holdings then it needs to transfer to another Demat account with the same account holder name.
  • Balance not should be negative, all the settlements should be completed.

Once your Closure application request is submitted successfully, it will take 4-5 working days to close your Demat account.

 

Yes, if you refer the Kotak securities Demat account opening link with your known persons then you will get a 10% brokerage generated by your referee when they trade.

 

To find out a Demat account number in Kotak Securities follow these steps :-

  1. Login to Kotak Securities with valid credentials.
  2. Click on the profile section at the top-right of the home screen.
  3. Navigate the cursor to Account Details.
  4. Here you will see the client ID and BO ID. So this Client ID is your Demat account number.