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Kotak super saver Account

If you are a regular trader in stock market and looking for good brokerage deals then we have something that's just right for you.

Presenting "Kotak super saver" an internet based investment account with attractive Flat Brokerage rate and a Low Margin. Here you get a brokerage rate as low as 0.45 % on delivery and only 0.05% on square up which is irrespective of the size of order placed.

You just need to pay Rs. 2000 as advance fee once for the period of six months. The advance fee is completely reversible on generating the brokerage above Rs. 2000 during the specified period.

 
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  How does super saver Work  
  When you open a Kotak super saver account you need to pay an advance fee to Kotak Securities to get a better brokerage rate compared to the regular rates.  
  The advance fees you pay will be valid for a tenure i.e month of activation of account plus 6 months.  
  Once you start trading, you will be charged the discounted brokerage rate. At the end of the given tenure in which you pay us brokerage there could be 3 scenarios.  
    You pay advance fees of Rs. 2000  
  Scenario 1 : If the brokerage given you is Rs. 1400 (which is less than Rs. 2000) there will be no reversal. Advance fee will be reversed only if brokerage generated is more than Rs. 2000 at the end of the tenure.  
  Scenario 2 : If the brokerage given by you is Rs. 2000 (which is equal to Rs. 2000). Advance fee Rs. 2000 will be reversed, at the end of the tenure.  
  Scenario 3 : If the brokerage given by you is Rs. 5000 (which is more than Rs. 2000). Advance fee Rs. 2000 will be reversed, at the end of the tenure  
   After the reversal of the advance fee , if you wish to retain the account then you pay the advance fee and continue trading.  
   
Advantages of Kotak super saver Account
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