|
|
 |
| Kotak Freeway Account |
| Trading unlimited! Kotak Securities Freeway enables you to trade as many times as you like - at a fixed brokerage. Just pay a fixed brokerage of Rs. 999/- a month and trade as many times as you want. |
| |
| |
 |
Your benefits |
|
How to activate? |
|
Open your account |
| X |
| |
Charges |
|
| |
Pay a fixed brokerage of Rs. 999/- a month |
|
| |
Note1: The minimum brokerage that is applicable in Kotak Freeway Account on delivery is 4 paise and 1 paisa in the cash segment.
The minimum brokerage that is charged in the derivative segment is 3 Paise. |
|
| |
Note2: It is possible that an investor who trades in higher volumes, can move to a higher level and avail brokerages lesser than that pertaining to his particular account type.click here to know more
|
|
|
|
| |
Note: Service Tax of 12.25% of brokerage will be charged in addition.
The brokerages charged are as per the volumes that are achieved. 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.
In accordance with the National Stock Exchange, the new revised STT rates are as mentioned below
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,will be applicable " |
|
