+ Expand AllDemat Account Charges
Demat account charges are the charges applicable on users using the Kotak Securities demat account. The schedule of charges for NSDL Depository services is as follows:
Demat Account Fees:
| Sr | Account Head | Rate | Minimum Payable |
| 1 | Dematerialisation | ₹50/- per request and ₹3/- per Certificate | - |
| 2 | Rematerialisation | ₹10/- for 100 securities (shares, bonds, mutual fund units etc) | ₹15/- |
| 3 | Market / Off-Market Transactions (Sell) | 0.04% of the value of securities (Plus NSDL Charges) |
₹27/- (Plus NSDL charges as applicable) |
| 4 | Regular Account Maintenance Charges | • Holding value of securities < = ₹10,000 : No AMC (basis maximum value during the month) • Holding value of securities > ₹10,000 Resident ₹65 p.m. for upto 10 debit transactions ₹50 p.m. for 11 to 30 debit transactions ₹35 p.m. for more than 30 debit transactions NRI - ₹75 p.m. |
- |
| BSDA AMC | As per SEBI (Refer Note below) | ||
| 5 | Pledge Charges | 0.05% of the value of securities | ₹30/- |
| 6 | Invocations of Pledge | 0.04% of the value of securities | ₹30/- |
| 7 | Pledge Charges (For margin purpose) a. Request b. Invocation c. Release (Un-pledge) d. Re-Pledge |
₹20 per ISIN ₹20 per ISIN ₹20 per ISIN FREE |
- - - - |
| 8 | DIS Re - Issuance | ₹99/- per DIS Booklet |
- |
| 9 | Charges for CAS | NSDL charges (Refer Note below) | - |
Notes:
- There are no charges payable at the time of opening the account. All other charges will be billed on a monthly basis.
- In case of delays in the payment of charges, the demat account can be frozen for all operations till such time all dues are cleared.
- All market instructions for transfer must be received latest by 4.00 p.m. on the previous working day, prior to the pay-in day as per SEBI
Guidelines. All off market instructions for transfer must be received at least 24 hours before the execution date. Late instructions would
be accepted at the account holder’s sole risk and responsibility. - Charges are subject to revision at the company’s sole discretion subject to prior intimation to the clients or on revision in Depository
charges. - Any service not quoted above will be charged separately.
- Value of transaction will be in accordance with rates provided by the Depository or actual transaction value, whichever is higher.
- STT, GST and all other applicable statutory taxes will be charged as per current applicable rate.
- In accordance with the SEBI circulars (Ref # SEBI Circular No. CIR/MRD/DP/22/2012 dated August 27, 2012 and SEBI Circular No. CIR/
MRD/DP/20/2015 dated December 11, 2015), DP’s were advised to convert all such eligible demat accounts into BSDA unless such
Beneficial Owners (BOs) specifically opt to continue to avail the facility of a regular demat account. For availing BSDA facility, the
individual shall have only one BSDA in his/her name across all depositories. In case the BSDA account holder converts such account
into Non-BSDA (regular account) account or the account holder ceases to meet the eligibility criteria for BSDA account, the charges
applicable to Non-BSDA (regular account) shall be levied. - For BSDA account holder, (for other than Debt securities) the Account Maintenance Charges (AMC) structure shall be on a slab basis;
if the value of holdings
(a) Upto ₹50,000 there will be NIL AMC and (b) For Value of holding from ₹50,001 to ₹2,00,000 AMC will be upto ₹100 per annum. - For BSDA account holder, (for other than Debt securities) the Account Maintenance Charges (AMC) structure shall be on a slab basis; if the value of holdings
(a) Upto ₹50,000 there will be NIL AMC and (b) For Value of holding from ₹ 50,001 to ₹ 2,00,000 AMC will be upto ₹100 per annum. - For BSDA account holder (for Debt securities), the Account Maintenance Charges (AMC) structure shall be on a slab basis; if the value
of holdings
(a) Upto ₹1,00,000 there will be NIL AMC and (b) For Value of holding from ₹1,00,001 to ₹2,00,000 AMC will be upto 100 per
annum. - As per NSDL’s circular dated August 30, 2013, NSDL will levy ₹500/- as Annual Maintenance Charges for Corporate Accounts, effective
1st October, 2013.
NSDL Charges would be levied to the respective account as regulatory charge and will be in addition to the DP charges levied by Kotak
Securities Limited as per the schedule of charges. - For CAS ₹0.75/- per transacted BO demat account for email CAS, ₹8/- per transacted BO demat account for physical CAS
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QFor whom is this applicable to?AThis is applicable to our customers.
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QWhat are the Demat charges?AClick here to view the schedule of DP charges.
| FAQs Pages | ||
|---|---|---|
| Demat Account Profile | Transfer Shares from Demat Account | Demat Account Security Key |
| Transfer Shares to Demat | NRI Account | |
Why Demat Account?
- Mandatory by SEBI
- Easy Portfolio Management
- Security of Equity Investments.
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