Pay ZERO brokerage on all trades if you are under 30 years of age
#GiveNoBucks
#GiveNoBucks
Zero for Delivery Trades
Zero for Intraday and F&O Trades
Zero for 足球电子竞技联赛 and Mutual Funds
+Free vouchers worth ₹1,998 All this only @ Rs.499 p.a.(Incl. of Gst)
+Free vouchers worth ₹1,998 All this only @ Rs.499 p.a.(Incl. of Gst)
Account opening FEE : 0
Subscription FEE: Rs.299 incl. of gst (Limited period offer for 1st year only) |
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Plan will be valid for a period of 2 years only. Trade Free plan applicable from 3rd year |
Charge Head | Brokerage |
---|---|
Intraday * (All Segments) | FREE |
Delivery (All Segments) | FREE |
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. |
Description | Interest Rates |
---|---|
Outstanding Debit Balance on Margin Trading Facility (MTF) | 12.99% per annum |
Stock used as Margin for Derivative Trades |
|
Other Debit Balance | 17.99% p.a. |
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) | 0.01% (sell side) | 0.05% (sell side) | Nil | Nil | 0.01% (Sell side) | 0.05% (sell side) |
Transaction
charges |
NSE: 0.00345% BSE: 0.00345% | NSE: 0.00345% BSE: 0.00345% | NSE: 0.002% | NSE: 0.053% on Premium | NSE: 0.00095%, BSE: 0.00022% | NSE: 0.035%, BSE: 0.001% | MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.0055% | 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 ` 10 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%. |
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|
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 |
|
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) | |
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.
Plan will be valid for a period of 2 years only. Trade Free plan applicable from 3rd year |
Brokerage | FREE |
Brokerage | FREE |
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. |
Description | Interest Rates |
---|---|
Outstanding Debit Balance on Margin Trading Facility (MTF) | 12.99% per annum |
Stock used as Margin for Derivative Trades |
|
Other Debit Balance | 17.99% per annum | No Interest on Liquid Funds and Liquid BeEs as Collateral |
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: 0.00345% BSE: 0.00345% |
Equity Intraday | NSE: 0.00345% BSE: 0.00345% |
Equity Futures | NSE: 0.002% |
Equity Options | NSE: 0.053% on Premium |
Currency Futures | NSE: 0.00095%, BSE: 0.00022% |
Currency Options | NSE: 0.035%, BSE: 0.001% |
Commodity Futures | MCX (for Agri & Non Agri): 0.0026% NCDEX: 0.0055% |
Commodity Options | Waived off by Exchange |
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 |
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 |
|
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 | ` 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.
We at Kotak Securities understand how you feel about investing, your fears, and willingness to take risks. As a result, we've developed a brokerage plan just for you: Trade Free Youth. Through this plan anyone under the age of 30 can trade in any segment at ZERO brokerage.
To Activate this plan, you have to pay a subscription fee of Rs.499 p.a.(Incl. of Gst) We have ensured that you have to pay no brokerage charges but you might have to incur other basic DP / regulatory charges which can be viewed above
We have specifically crafted this plan for our clients below the age of 30, after understanding their investment philosophy, saving patterns and risk taking ability. If your friend is below 30, yes, you can refer it to them.
Unfortunately no. This plan does not apply to any of the below listed individuals (barring the age criteria):
Kotak Securities employees
NRIs
Non-individual customers
Advanced Brokerage Plan clients
Differential Brokerage Plan clients
Offline customers
Franchisee clients
In case your friend is still looking to invest, the person can get in touch with our customer care service 1800 209 9191 or drop us a whatsapp at 77389 88888
Yes. This plan is valid for a period of 2 years post which you will be shifted to the Trade Free Plan.
Where as the brokerage charge on trades is zero, if you place an order through a dealer, yes, you will have to incur a charge of Rs. 49 per traded order (Subject to minimum of 2.5% regulatory allowed brokerage).
Securities Loan & Borrowing Mechanism (SLBM) stands for Securities Lending & Borrowing Mechanism, and YES, you will be charged a very low lending and borrowing fee, as well as a minimum cost of 10 paise per share. It is only applicable to SLBM orders and does not apply to any other orders.
No. Even if you turn 30 the day after you subscribe, you will be locked into this plan for the next two years.
If you already have an account with Kotak Securities, then you can login to the website and follow the below steps:-
Login to website, click on more, new launches, and select Trade Free Youth, Subscribe now
Kotak stock trader mobile app: login, go to MORE, Trade Free Youth, subscribe now
In case if you are opting through old website mode, login, new products, Trade Free Youth, subscribe now.
If you don’t have an account with Kotak Securities, please open an account and select the Trade Free Youth while choosing a plan.
Yes, you can shift to Trade Free or Trade Free max products from the post login section. Unfortunately, you will not be eligible for a refund of the subscription fees you have paid for Trade Free Youth Plan. If you have any questions or would want to learn more about our other products, please contact our customer service representative at +91 1800 209 9191 or send a Whatsapp on 77389 88888 number.
Yes, we'd be delighted if any of your friends choose this option. We believe that investment should not be limited to anyone; therefore, this plan is open to everyone under the age of 30. This plan, we're confident, will be a critical first step in starting your financial path and building wealth. If you'd like to recommend it to a friend, please use the referral link
Under this plan your brokerage charges are free of cost, however, all other charges are applicable and can be viewed here
Unfortunately, you will not be able to continue with this plan because it is only valid for two years after which we will automatically switch you to our Trade Free plan
You can find all the details about the Trade-free plan here .
Yes, you can opt to the Trade Free Youth by logging in to the website.
It is very easy to subscribe for the Trade Free Youth Plan , Kindly follow the below steps :
Website
To subscribe through ‘Old View’
For the app