Pay ZERO brokerage on all Intraday trades if you are above 30 years of age
Intraday Trades -
All Segments
Zero brokerage for intraday trades across Cash, Futures & Options, Currency & Commodity
Carry Forward F&O, Commodity & Currency trades
Flat fee of `20 per executed order
Equity Delivery
0.25% of transaction value
One-time fee | |
---|---|
During Account opening | Rs.99 incl. of GST |
Existing clients | Rs.499 + GST |
Charge Head | Brokerage |
---|---|
Intraday1 (All Segments) | FREE |
Delivery (Equity) | 0.25% or Rs.20 whichever is higher (Subject to maximum 2.5% regulatory allowed brokerage) |
Brokerage of only 0.01% of the transaction value
will be levied in case of Liquid ETFs* *Eligible Liquid ETFs are DSP BlackRock Liquid ETF, ICICI Prudential S&P BSE Liquid Rate ETF, Nippon India ETF Nifty 1D Rate Liquid Bees & Kotak Liquid ETF |
|
1Intraday trades are trades which are squared off on the same day and for which you would be required to provide at least exchange-prescribed margins. The choice to square off the trade is at your discretion. If you wish to carry-forward your F&O, Commodities & Currency position, you can do the same by paying a flat brokerage of ` 20 per executed order. |
Description | Interest Rates |
---|---|
Outstanding Debit Balance on Margin Trading Facility (MTF) | 0.049%per day |
Stock used as Margin for Derivative Trades |
|
Other Debit Balance | 0.049% per day |
No interest on Liquid Funds and Liquid BeES as collateral |
Note: Interest would be charged on a monthly basis
Equity Delivery |
Equity Intraday |
Equity Futures |
Equity Options |
Currency Futures |
Currency Options |
Commodity Futures |
Commodity Options |
|
---|---|---|---|---|---|---|---|---|
STT/CTT Charges (As per Exchange) | 0.1% (both sides) | 0.025% (sell side) | 0.0125% (sell side) | 0.0625% (on Sell side on premium) | Nil | Nil | 0.01% (Sell side) | 0.05% (sell side) |
Transaction charges* |
NSE: 0.00335% / BSE 0.00375% | NSE: 0.00335% / BSE 0.00375% | NSE: 0.002% | NSE: 0.0505% on Premium | NSE: 0.00095% , BSE: 0.00022% | NSE: 0.037%, BSE: 0.001% | MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.006% | It is 0.05% for MCX and 0 for NCDEX |
Stamp charges (As per State) |
0.015% or ` 1500 / crore on buy side | 0.003% or ` 300 / crore on buy side | 0.002% or ` 200 / crore on buy side | 0.003% or ` 300 / crore on buy side | 0.0001% or ` 10 / crore on buy side | 0.0001% or ` 10 / crore on buy side | 0.002% or ` 200 / crore on buy side | 0.003% or ` 300 / crore on buy side |
Securities Transaction Tax (STT)
STT is levied by the government on transactions executed through stock exchanges. It is charged on both buy and sell transactions in the equity delivery segment. It is charged only on the sell transaction in intraday trades and Futures & Options segment.
SEBI charges
Charged at Rs. 10 Per Crore (Commodity futures (Agri) : Rs.1 per crore) of the transaction value by Securities and Exchange Board of India for carrying out regulatory duties.
Commodities Transaction Tax (CTT)
CTT is similar to STT and is levied on exchange-traded commodity derivatives in India.
Stamp charges
Charged by the government for transacting in instruments on stock exchanges and depositories.
Transaction charges + IPFT (Investor Protection Fund) charges
Transaction charges and IPFT charges are levied by the exchanges. NSE IPFT is a compensation fund for stock market investors to compensate them in the event of the defaulter’s assets not being sufficient to meet the admitted claims of investors.
GST
Goods & Services (GST) is levied at 18% on brokerage + transaction charges + SEBI fees
Schedule of Demat Charges | ||
No | Service | Charges |
---|---|---|
1 | Dematerialisation | ` 150 per certificate + ` 50 per request (courier charges) |
2 | Rematerialisation | ` 10 for 100 securities (shares, bonds, mutual fund units, etc.; subject to minimum of ` 15) |
3 | DP Transaction Charges - Market & Off-Market Trades | |
a | Credit transactions (Buy) | Nil |
b | Debit transactions (Sell) | 0.04% of the value of securities (subject to minimum of ` 20) |
4 | Annual Maintenance Charges (AMC) | |
Account Type | Holding Value of Securities | |
a | For BSDA Clients |
(Account will convert to Non- BSDA) |
b | For Non BSDA Clients |
|
5 | Charges for Client Master Report changes (Applicable for Email/ Address/ Mobile/ Bank) | Nil |
6 | Delivery Instruction Slip (DIS) - Reissuance | ` 100 per DIS booklet + ` 50 courier charges |
7 | Pledge Charges (For margin
purpose) (for trading in Equity [including MTF], Derivatives, Currency & Commodities) |
|
a | Request | ` 20 per ISIN |
b | Invocation | ` 20 per ISIN |
c | Release (Un-pledge) | ` 20 per ISIN |
8 | Pledge Charges (For non-margin
purpose) (for all other purposes except the above. For example: Loan against securities etc.) |
|
a | Request | 0.05% of the value of securities (subject to minimum of ` 30) |
b | Invocation | 0.04% of the value of securities (subject to minimum of ` 30) |
Schedule of Charges for Other Services | |||||
No | Service | Charges | |||
---|---|---|---|---|---|
1 | Auction Charges | On actuals (subject to minimum of ` 20 per auction) | |||
2 | Cheque processing charges | ` Rs. 50 + GST on every cheque deposit/withdrawal | |||
3 | Research Call on SMS | Monthly Plan | Yearly Plan | ||
a | Fundamental Calls | Rs.100/- | Rs.1000/- | ||
b | Technical Calls | Rs.100/- | Rs.1000/- | ||
c | Combined (Fundamental+ Technical calls) | Rs.150/- | Rs.1500/- | ||
4 | Password Printing and Dispatch Charges | ` 100 per request + ` 50 courier charges | |||
5 | Product Change Charges | ` 100 | |||
6 | Contract Note (Digital) | Free | |||
7 | Duplicate Hard Copy Contract Note on Client Request | `50+ GST per trading day | |||
8 | Digital Copy (Email) Contract Note for Current/Previous Financial Year | Free | |||
9 | Digital Copy (Email) Contract Note for years prior to Previous Financial Year | ` 200 per year per request | |||
10 | Inter-Settlement Charges | 0.04% of transaction value (subject to minimum of ` 20) | |||
11 | Statement Request | ||||
a | Hard Copy | ` 200 per statement per year + ` 50 courier charges | |||
b | Digital Copy/Email for Previous/Current Financial Year | Free | |||
c | Digital Copy for prior to Previous Financial Year | ` 200 per statement per year | |||
12 | Fund Transfers through Payment Gateway | ||||
a | Kotak 3-in-1 Account (Trinity a/c) | Free | |||
b | via Bank Payment Gateway | ` 9 |
GST and all other applicable statutory taxes will be charged as per prevailing applicable rates, over and above the charges mentioned in the table.
One-time fee | |
---|---|
During Account opening | Rs.99 incl. of GST |
Existing clients | Rs.499 + GST |
Brokerage | FREE |
Equity | 0.25% |
Brokerage of 0.01% will be levied in case of Liquid bees and Liquid ETFs and 0.1% for Nifty ETF. |
1 Intraday trades are trades which are squared off on the same day and for which you would be required to provide at least exchange prescribed margins. The choice to square off the trade is at your discretion. You can easily hold the trade by paying a flat brokerage of ` 20 per executed order. |
Description | Interest Rates |
---|---|
Outstanding Debit Balance on Margin Trading Facility (MTF) | 0.049%per day |
Stock used as Margin for Derivative Trades |
|
Other Debit Balance | 0.049%per day |
Note: Interest would be charged on a monthly basis
Equity Delivery | 0.1% (both sides) |
Equity Intraday | 0.025% (sell side) |
Equity Futures | 0.0125% (sell side) |
Equity Options | 0.05%(sell side) |
Currency Futures | Nil |
Currency Options | Nil |
Commodity Futures | 0.01% (Sell side) |
Commodity Options | 0.05% (sell side) |
*The Transaction charges are inclusive of NSE IPFT (Investor Protection Fund) charges |
Equity Delivery | NSE: 0.00335% / BSE 0.00375% |
Equity Intraday | NSE: 0.00335% / BSE 0.00375% |
Equity Futures | NSE: 0.002% |
Equity Options | NSE: 0.0505% on Premium |
Currency Futures | NSE: 0.00095%, BSE: 0.00022% |
Currency Options | NSE: 0.037%, BSE: 0.001% |
Commodity Futures | MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.006% |
Commodity Options | 0.05% for MCX and 0 for NCDEX |
Note: Additional Transaction charges : 0.10% for trades in “X”,”XT” & “Z” group stocks & 1% additional in case of “P” group stocks (BSE). |
Equity Delivery | 0.015% or `1500 / crore on buy side |
Equity Intraday | 0.003% or `300 / crore on buy side |
Equity Futures | 0.002% or `200 / crore on buy side |
Equity Options | 0.003% or `300 / crore on buy side |
Currency Futures | 0.0001% or `10 / crore on buy side |
Currency Options | 0.0001% or `10 / crore on buy side |
Commodity Futures | 0.002% or `200 / crore on buy side |
Commodity Options | 0.003% or `300 / crore on buy side |
Securities Transaction Tax (STT)
STT is levied by the government on transactions executed through stock exchanges. It is charged on both buy and sell transactions in the equity delivery segment. It is charged only on the sell transaction in intraday trades and Futures & Options segment.
SEBI charges
Charged at ` X per crore of the transaction value by Securities and Exchange Board of India for carrying out regulatory duties.
Commodities Transaction Tax (CTT)
CTT is similar to STT and is levied on exchange-traded commodity derivatives in India.
Stamp charges
Charged by the government for transacting in instruments on stock exchanges and depositories.
Transaction charges + Clearing charges
Transaction charges are levied by the exchanges while clearing charges are levied by the Clearing Member. Clearing charges are levied for settling all Currency Derivatives Segment & Multi Commodities Exchange trades.
GST
Goods & Services Tax (GST) is levied on brokerage + transaction charges at 18%.
Demat Charges
Charges | ` 150 per certificate + ` 50 per request (courier charges) |
Charges | ` 10 for 100 securities (shares, bonds, mutual fund units, etc.; subject to minimum of ` 15) |
Charges | Nil |
Charges | 0.04% of the value of securities (subject to minimum of ` 20) |
Charges |
|
Charges |
|
Charges | Nil |
Charges | ` 100 per DIS booklet + ` 50 courier charges |
Charges | ` 20 per ISIN |
Charges | ` 20 per ISIN |
Charges | ` 20 per ISIN |
Charges | 0.05% of the value of securities (subject to minimum of ` 30) |
Charges | 0.04% of the value of securities (subject to minimum of ` 30) |
Other Charges
Charges | On actuals (subject to minimum of ` 20 per auction) |
Charges | ` 350 + Bank Charges |
Charges | As per website |
Charges | ` 100 per request + ` 50 courier charges |
Charges | ` 100 |
Charges | Free |
Charges | `50+ GST per trading day |
Charges | Free |
Charges | ` 200 per year per request |
Charges | 0.04% of transaction value (subject to minimum of ` 20) |
Charges | ` 200 per statement per year +` 50 courier charges |
Charges | Free |
Charges | ` 200 per statement per year |
Charges | Free |
Charges | ` 9 |
GST and all other applicable statutory taxes will be charged as per prevailing applicable rates, over and above the charges mentioned in the table.
Trade Free Plan is a simplified brokerage plan offered by Kotak Securities. Here's what you get with this plan:
Free Intraday Trades
You can enjoy zero brokerage for intraday trades across all segments - Equity (Cash), Equity Derivatives (F&O), Currency and Commodity.
Equity Delivery Trades
Brokerage for delivery trades in Equity (Cash) will be charged at 0.25% of the transaction value. This brokerage is subject to a minimum brokerage of ` 20 per executed order.
Top Stock Picks
With the Trade Free brokerage plan, you also get access to in-depth research and stock picks from our experienced team of analysts.
No brokerage is charged for intraday trades for which you provide at least the exchange-prescribed margins. However, in order to adhere to statutory requirements, a nominal brokerage of only 1 paisa per scrip/underlying would be charged.
Not at all. The choice to square off the trade is at your discretion. You can convert the order from intraday to delivery (Cash segment) or carry-forward (Futures & Options segment). To do so, you need to pay just a flat brokerage of ` 20 per executed order for Futures & Options position and 0.25% of the transaction value for Cash segment position.
New customer during account opening needs to pay a one-time subscription fee of Rs.99+GST.
Existing customers to pay One time subscription fee of Rs.499+ GST.
Path to subscribe to the plan : https://www.kotaksecurities.com/trade/login > More > Plans & Subscriptions > Trade Free Plan > Subscribe now
Click on the button below and login:-
This is a one-time subscription plan. It will remain valid until the plan is discontinued or you choose to switch to a different plan.
No, there are NO renewal fees for this plan.
No, there is no capping. With the Trade Free Plan, you can enjoy unlimited zero brokerage intraday trades across segments.
For prospective customers, trade free plan is currently available only for Resident Indians
(Individuals &Non-Individuals)
All existing customers are eligible to upgrade to the Trade Free Plan, except the following:
1. Non Resident Indian (NRI) customers
2. Customers who belong to 'Offline' customer type
3. Kotak Securities employees
4. Customers who are currently part of any one of the following brokerage plans:
a. Advanced Brokerage Plan
b. Differential Brokerage Plan
5. Franchisee Clients
A dealer-assisted trade is one in which the trade order is placed by a Kotak Securities
dealer/customer service executive/ authorised person (AP) as instructed by the client. This would
incur an additional feeof maximum `90. per executed order (Subject to
maximum of 2.5% regulatory allowed brokerage).
Note: This additional fee will also apply to auto square off trades (positions closed by the system
in case of high exposure trades, or liquidation by our Risk Management System due to any reason).
)
No. In order to enjoy free intraday trading, both legs of an intraday trade need to be executed by the client (self-generated trades) through our online trading platforms only.
In this scenario, the free intraday trading benefit would not be applicable. A flat brokerage of ` 20 per executed order would be charged for orders placed online (leg one). And ` 70 would be charged for the order placed through the dealer/customer care executive (leg two) (Subject to maximum of 2.5% regulatory allowed brokerage).
No, it won't qualify for zero brokerage. In this case, each leg of the trade will be charged ` 20 per executed order. Any modification done by the dealer/customer care executive will incur an additional charge of ` 50 per executed order.(Subject to maximum of 2.5% regulatory allowed brokerage)
Expiry/exercise or assignment trades will be charged ` 20 per executed order.
If a position is liquidated by the RMS in case of margin or debtors shortfall , additional brokerage of Rs.100 per executed order will be charged over and above the brokerage rate.(Subject to maximum of 2.5% regulatory allowed brokerage)
Any request for activaton received before 3:30 PM on a working day would be processed the same day. Requests received after 3:30 PM on a working day, would be processed on the next working day.