Intraday Trades -
All Segments
Zero brokerage for intraday trades across Cash, Futures & Options, Currency & Commodity
All other F&O, MIS & Super Multiple (Cover Order)
Flat fee of `20 per executed order
Equity & Commodity Delivery
Equity & Commodity Delivery at just 0.25% of transaction value
Start Trading in 60 minutes
If you wish to trade with a dealer, click here for better pricing
| Trade Free Plan Rs. 499/- NOW FREE |
|---|
| Enjoy zero account opening charges. Offer valid for limited period |
| Charge Head | Brokerage |
|---|---|
| Intraday1 (All Segments) | FREE |
| Delivery (Equity, Commodity) | 0.25% |
| Margin Intraday Square off (MIS) & Super Multiple | `20 per executed order |
| 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 Futures & Options position, you can do the same by paying a flat brokerage of ` 20 per executed order. | |
| Description | Interest Rates |
|---|---|
| Stock used as Margin for Derivative Trades | 0.025% per day |
| Outstanding Debit Balance on Margin Trading Facility (MTF) | 0.04% per day |
| Other Debit Balance | 0.05% per day |
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) | 0.01% (sell side) | 0.05% (sell side) | Nil | Nil | 0.01% (Sell side) | 0.05% (sell side) |
| Transaction charges |
NSE: 0.00325% BSE: 0.00325% | NSE: 0.00325% BSE: 0.00325% | NSE: 0.0019% | NSE: 0.05% on Premium | NSE: 0.0009%, BSE: 0.00022% | NSE: 0.035%, BSE: 0.001% | MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.006% | Waived off by Exchange |
| 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 |
| Investor Protection Fund |
0.00001% | Nil | 0.0001% | 0.001% | 0.00005% | 0.002% | Nil | Nil |
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 `5 Per Crore (for Non Agri commodities only) 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%.
| 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) | ` 50 per month |
| 5 | Charges for Client Master Report changes (Applicable for Email/ Address/ Mobile/ Bank) | ` 50 per modification request |
| 6 | Delivery Instruction Slip (DIS) - Reissuance | ` 100 per DIS booklet + ` 50 courier charges |
| 7 | Pledge Charges (For margin purpose) | |
| a | Request | ` 20 per ISIN |
| b | Invocation | ` 20 per ISIN |
| c | Release (Un-pledge) | ` 20 per ISIN |
| 8 | Pledge Charges (For non-margin purpose) | |
| 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 Bounce Charges | ` 350 + Bank Charges |
| 3 | Research Call on SMS | As per website |
| 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 | ` 20 per contract note + ` 50 courier charges |
| 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.
| Enjoy zero account opening charges. Offer valid for limited period |
| Brokerage | FREE |
| Equity, Commodity | 0.25% |
| Brokerage | `20 per executed order |
| 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 |
|---|---|
| Stock used as Margin for Derivative Trades | 0.025% per day |
| Outstanding Debit Balance on Margin Trading Facility (MTF) | 0.04% per day |
| Other Debit Balance | 0.05% 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 | 0.01% (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) |
| Equity Delivery | NSE: 0.00325% BSE: 0.00325% |
| Equity Intraday | NSE: 0.00325% BSE: 0.00325% |
| Equity Futures | NSE: 0.0019% |
| Equity Options | NSE: 0.05% on Premium |
| Currency Futures | NSE: 0.0009%, BSE: 0.00022% |
| Currency Options | NSE: 0.035%, BSE: 0.001% |
| Commodity Futures | MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.006% |
| Commodity Options | Waived off by Exchange |
| 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 |
| Equity Cash | 0.00001% |
| Equity Intraday | Nil |
| Equity Futures | 0.0001% |
| Equity Options | 0.001% |
| Currency Futures | 0.00005% |
| Currency Options | 0.002% |
| Commodity Futures | Nil |
| Commodity Options | Nil |
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 | ` 50 per month |
| Charges | ` 50 per modification request |
| 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 | ` 20 per contract note + ` 50 courier charge |
| 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 and Commodity Delivery Trades
Brokerage for delivery trades in Equity (Cash) and Commodity segment will be charged at 0.25% of the transaction value. This brokerage is subject to a minimum brokerage of ` 20 per executed order.
High Exposure Trades - Super Multiple & Margin Intraday Square off (MIS)
Intraday trades that offer higher exposure on select stocks and contracts will be charged a flat brokerage of ` 20 per executed order. Read more about Super Multiple & Margin Intraday Square off (MIS).
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.
Higher exposure intraday trades using Super Multiple will incur a flat brokerage of ` 20 per executed order.
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.
Enjoy zero account opening charges. Offer valid for limited period
To upgrade to the new Trade Free Plan, existing customers can login and visit New Products > Trade Free Plan. Or simply click on the Upgrade Now 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).
All existing customers are eligible to upgrade to the Trade Free Plan, except the following:
1. Customers who have Demat account other than Kotak Securities Demat account
2. Non Resident Indian (NRI) customers
3. Customers who belong to 'Offline' customer type
4. Kotak Securities employees
5. Customers who are currently part of any one of the following brokerage plans:
a. Silver, Gold or Platinum Brokerage Plan
b. Advanced Brokerage Plan
c. Differential Brokerage Plan
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 fee of ` 50. per executed order.
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).
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.
Expiry/exercise or assignment trades will be charged ` 20 per executed order.
In case a position is liquidated by the RMS, additional brokerage of ` 50 per executed order will be charged over and above the brokerage rate.
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.