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- Kotak Privilege Circle
Kotak Privilege Circle Account
Are you in search of the best services for your individual financial needs? You are at the right place; we offer you nothing but the best. Understanding your individual investing needs we at Kotak Securities make sure you get to enjoy premium and top of the line trading services only with Kotak Securities Privilege Circle.

Executing your trades Independently with the Kotak Privileged Account gets you the lowest charges in the industry as well as privileged services that only a few enjoy.
 
 
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Kotaksecurities.com offers you one of the most competitive brokerage rates in the market.As a Privilege Client, you can avail one of brokerages as low as 0.18% in the cash delivery segment and 0.03% in the intraday segment. Detailed below is the brokerage charge on various account types.

 
BROKERAGE STRUCTURE
Delivery - Brokerage applicable both side
 
< 1lakh 0.59% Gateway A/C
1 - 5 lakh 0.55%  
5 - 10 lakh 0.45%  
10 - 20 lakh 0.36%  
20 - 60 lakh 0.27%  
60 lakh - 2 crore 0.23%  
> 2 crore 0.18% Privilege A/C
 
Intraday brokerages
 
< 25 lakhs 0.06% both sides Gateway A/C
25 lakhs - 2 crores 0.05% both sides  
2 crores - 5 crores 0.04% both sides  
> 5 crores 0.03% both sides Privilege A/C
 
Futures
 
  Intraday brokerages Settlement  
< 2 crores 0.07% both sides 0.09% both sides Gateway A/C
2 - 5.5 crores 0.045% both sides 0.073% both sides  
5.5 - 10 crores 0.036% both sides 0.046% both sides  
10 - 25 crores 0.027% both sides 0.046% both sides Privilege A/C
> 25 crores 0.023% both sides 0.032% both sides  
 
Options - Brokerage applicable both side
 
Monthly Premium Volume Intraday Brokerage% Settlement Brokerage% Minimum Brokerage Per Lot (Intraday) Minimum Brokerage Per Lot (Settlement)  
Upto 4Lacs 2.5 2.5 100 100 Gateway
4Lacs-11Lacs 2.25 2.5 100 100  
11Lacs-20Lacs 1.8 2.3 100 100  
20Lacs-50Lacs 1.35 2.3 80 100 Privilege
> 50Lacs 1.15 1.6 70 100  

Here Premium Volume is considered as (Premium x Lot Size x No. of Lots). As per this new structure you will be charged either a fixed minimum brokerage per lot or the new brokerage rate based on the monthly premium value slabs you achieve, whichever is higher. Kindly note that this new brokerage structure for option contracts will be applicable with effect from 23rd February 2007.


The minimum brokerage that is applicable in Kotak Privilege Circle Account on delivery is 4 paise and 3 paise in the cash segment

Note:1 Even if a client starts with a Gateway/ value account, it is possible that he may avail brokerages as low as 0.18%in the cash delivery segment (and 0.03% in the intraday cash square up segment)depending on his trading volumes.Kotak securities.com will regularly monitor client accounts on a frequent basis and upgrade accounts to the next higher level so that clients may be entitled to higher benefits . The minimum brokerage that is applicable in Kotak Gateway Account is 4 paise on delivery and 4 paise in the cash segment.

Note:2 Brokerage will be charged based on your account type at the start of the month. Based on the monthly volume your effective slab will be calculated and the brokerage difference will be debited or credited.

Note:3 Service Tax of 10.30% of brokerage will be charged in addition. The brokerages charged are as per the volumes that are acheived. Based on these volumes a client can be either debited or credited an amount which is as per the volumes he/she may achieve at the end of the month.

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"



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