Is the shortage of funds stopping you from taking bigger positions in the stock market? The time has come to enhance your buying power upto 4X with Trade Free Max - curated with special offers to fulfil your Margin Trading Facility (MTF) at very competitive interest rates.
Margin Trading Facility at an interest rate of 9.25% p.a. only
Zero brokerage on all intraday trades
All carry forward F&O, Commodity & Currency trades at ₹20 per order
Equity Delivery at just 0.25% of transaction value
Get the exclusive Margin Trading Facility (MTF) with interest rate of 9.25% p.a.
PAY ₹ 2,499 + GST
₹2,499
+ GST
Amount will be debited annually once you place your first MTF trade
Get ₹ 4,128
Brokerage cashback of
₹4,128
is incl. of gst for the next
90 days
Trade Free Max - FREE |
---|
Enjoy zero account opening charges. Offer valid for limited period |
Subscription Fees |
---|
Pay ₹2,499 plus GST.
Amount will be debited after you place your first MTF trade Offer Get up to ₹4,128 Brokerage Cashback for the next 90 days |
Charge Head | Brokerage |
---|---|
Intraday * (All Segments) | FREE |
Delivery (Equity) | 0.25% |
Brokerage of 0.01% will be levied in case of Liquid bees and Liquid ETFs and 0.1% for Nifty ETF.
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. 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 |
---|---|
Outstanding Debit Balance on Margin Trading Facility (MTF) | 9.25% p.a. |
Stock used as Margin for Derivative Trades |
|
Other Debit Balance | 17.99% p.a. |
Interest on Liquid Funds and Liquid BeES as collateral | 0% p.a. |
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 ₹1,500 / 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 |
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) |
Notes
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 |
Notes
Note: Additional Transaction charges : 0.10% for trades in “X”,”XT” & “Z” group stocks & 1% additional in case of “P” group stocks (BSE).
Upgrade to Trade Free Max and get unbeatable offer.
For existing customers, the steps are as follows: Visit www.kotaksecurities.com - login to trade - New products - Trade Free Max Plan – click on ‘Get Trade Free Max Plan now’ – click on confirm to subscribe or on: https://kstrade.kotaksecurities.com/itrade/user/cservices.exe?action=Kotak_Select_Plan
The charges are ₹2,499/- + GST per annum.
Post availing this plan, only after the first successful Margin Trading order, a sum of ₹2,499/- + GST would be debited from the client’s trading account.
Once the subscription fee is debited, for the next 90 days, all trades are eligible for brokerage Cashback of up to ₹4,128/-
A dealer-assisted trade is one in which a Kotak Securities representative places a trade order on behalf of a client as per his/her instructions. This would incur an additional fee of ₹49/- per order.( Subject to minimum of 2.5% regulatory allowed brokerage)
MTF lets you trade even with limited funds. It lets you buy select stocks by paying only a fraction of the total amount upfront, and the rest can be borrowed from us. To know more, kindly Click here