Kotak Super Saver Flat - Kotak Securities Ltd. Online Trading

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analyst recommendations.

- Super Derivatives

- AutoInvest
- Kotak Gateway
- Kotak High Trader
- Kotak Privilege Circle
- Kotak Freeway
- Kotak Assist
- Kotak Flat
- Kotak Super Saver Flat
- NRI Account

Kotak Flat

Do varying brokerage rates, volume slabs etc. bother you? Kotak Flat introduces the international trend of charging brokerages on a per trade basis for the first time in India.

As per the latest survey conducted by Starcomm more than 50% of the surveyed audience felt that the fixed percentage system of charging brokerages is not fair and found a flat brokerage rate as the best practice. Click here to know how you can Save Money. The Kotak Flat product is built to suit the needs of Independent Investors and offer them a facility to avail of a Fixed Brokerage rate. Being an Independent investor, your effective Brokerage rate works up to 0.18% on delivery trades and 0.018% for Intraday trades.

Your benefits

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Who is this account for

Kotaksecurities.com offers you one of the most competitive brokerage rates in the market. We now introduce the international trend of charging brokerages on a per trade basis for the first time in India. Detailed below is the brokerage charges for both the variants of Kotak Flat.

BROKERAGE STRUCTURE

	Kotak Flat
	Rs. 9 per trade	Rs. 20 per trade
Monthly Fees	Rs. 499	Nil
Max exposure against margin	Rs. 9 Lakh	Rs. 9 Lakh
Delivery	Rs. 9	Rs. 20
Cash Square up	Rs. 9	Rs. 20
Futures	Rs. 9	Rs. 20
Options	Rs. 9 - Minimum Brokerage Rs. 50 Per Lot	Rs. 20 - Minimum Brokerage Rs. 50 Per Lot

The Flat brokerage rate is applicable for multiples of the order values mentioned below

Transaction Type	Order Value
Delivery	Rs. 5,000/-
Cash Square up	Rs. 50,000
Futures	Rs. 50,000
Options	Rs. 1000

* Brokerage charged would be double if the order is placed through Call N Trade
Statutory charges as applicable will be charged

For Example. If you place and intraday order of Rs. 100000 under the Kotak Flat Rs. 9 per trade plan then you would be charged Rs. 18 as brokerage.

The orders placed by the risk management for liquidation of positions in the account and the orders placed through Call N Trade would be charged twice the brokerage as applicable.

Terms and Conditions

Only cash margin allowed
4 times multiple against margin for Intraday
No BNSTG facility available
There is no credit given for delivery selling i.e If you sell stocks worth Rs. 25,000/- today then you will be able to buy against this Rs. 25,000 on T+3rd day
No exposure allowed against stock in your Demat account

Note: Service Tax of 12.36% of brokerage will be charged in addition.

Securities Transaction Tax (STT) @ 0.125% of turnover will be charged in addition to the brokerage on all delivery trades

STT @ 0.025% of turnover will be charged in addition to the brokerage on sell leg of all non delivery trades in the cash market

STT @ 0.017% of turnover will be charged in addition to the brokerage on sell leg of all non delivery trades in the derivative market

--Service tax, STT and other statutory charges are as per current rate and any revision in the rate then same will be applicable"

	Special service charges

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