Kotak Securities - Stock Trading & Stock Brokerage Firm in India

Backed by expert
analyst recommendations.

- Kotak Flat
- Kotak Super Saver Flat
- Kotak High Trader
- Kotak Privilege Circle
- Kotak Freeway

Kotak Super Saver Flat

Kotak Super Saver Flat is a variant of Kotak Flat. An offering well suited for Regular traders in the stock market. With this option you have to pay a fixed brokerage of Rs. 9/- per trade i.e. as low as 0.18% on Delivery trades and only 0.018% on square up.

However the Distinct difference in this product vis-à-vis Kotak Flat is that you have to pay an upfront fee of Rs. 2000 valid for 4 months, which is completely reversible to the extent of brokerage generated during these 4 months. The maximum brokerage available as reversal will be Rs. 2000.

Who is this account for

Your benefits

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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 Kotak Super Saver Flat.

BROKERAGE STRUCTURE

	Kotak Super Saver Flat
Brokerage	Rs. 9 per trade
Fee	Rs. 2000 completely reversible within 4 months
Max exposure against margin	Rs. 9 Lakh
Delivery	Rs. 9
Cash Square up	Rs. 9
Derivative	Rs. 9

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
Derivative	Rs. 50,000

For Example. If you place and intraday order of Rs. 100000 under the Kotak Super Saver 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 postions in the account would be charged twice the brokerage as applicable if order is placed through Call N Trade.

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