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Kotak Securities brings you brokerage rates which are among the most competitive in the industry Our low brokerage rates let you concentrate on investing your savings without worrying about the cost of investment. Please read the detailed information on our brokerage rates and other charges mentioned below:

BROKERAGE STRUCTURE
Delivery
 
< 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
 
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.



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 12.36% 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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