Kotak Neo Trade Free Plan

 Kotak Neo Trade Free Plan 

For above 30 years of age (30+)

₹0

Account opening fee

Account Opening YouTube Video 👇Click Link

    https://youtu.be/jMzmX8DBdyM?si=6QWcs3EGVR1nad9-

Switching fees for existing clients

₹499+GST

Brokerage and Interest Rates

All Intraday Trades

₹10 per order

Stock Delivery

0.20%

All carry forward F&O Trades

₹10 per order

All Liquid ETFs (Delivery Trades)

0.01% of the transaction value

All other ETFs (Delivery Trades)

0.05% of the transaction value

All Government Securities (G-secs)

0.01% of the transaction value

Interest Charges

Interest on Margin Trading Facility (MTF)

0.041% per day

Interest on outstanding debit balance

0.049% per day

FOR BSDA CLIENTS

Holding value of securities if less than or equal to ₹4 lakhs

₹0

If More than Rs. 4 lakhs but up to Rs. 10 lakhs

₹100 +GST p.a

If greater than ₹10 lakhs

₹ 50 +GST per month (Account will convert to Non BSDA)

FOR NON BSDA CLIENTS

Holding value of securities if less than or equal to ₹1000

₹0

If greater than ₹1000

₹50 +GST per month

Holding value will be considered basis max value during the month

Schedule of demat charges

Dematerialisation

₹150 per certificate + ₹50 per request (courier charges)

Rematerialisation

₹10 for 100 securities (shares, bonds, mutual funds units, etc, 

subject to minimum of ₹15)

Dp charges - Market & off-market trades

Credit transactions (buy)

NIL

Debit transactions (sell)

0.04% of the value of securities (subject to minimum of ₹20)

Pledge Charges for margin purpose- Trading in Equity

 [including MTF], Derivatives, Currency & Commodities

Request

₹20 per ISIN

Invocation

₹20 per ISIN

Release (Un-pledge)

₹20 per ISIN

Tax and Regulatory Charges

Equity Delivery

Transaction charges

NSE: 0.00297%
BSE: 0.00375%

STT Charges

0.1% (on both sides)

Stamp charges (As per State, on buy side only)

0.015% or Rs.1500/crore

Equity Intraday

Transaction charges

NSE: 0.00297%
BSE: 0.00375%

STT Charges

0.025% (sell side)

Stamp charges (As per State, on buy side only)

0.003% or Rs.300/crore

Equity Futures

Transaction charges

NSE : 0.00173%
BSE : 0%

STT (as per exchange)

0.02% (sell side)

Stamp Charges (As per State, on buy side only)

0.002% or Rs.200/crore

Equity Options

Transaction Charges

NSE : 0.03503% on Premium
BSE : 0.0325% on Premium

STT (as per exchange)

0.1% (sell side)

Stamp Charges (As per State, on buy side only)

0.003% or Rs.300/crore

GST

Goods and Services Tax (GST) is levied on brokerage + transaction charges+ SEBI fees at 18%

SEBI Charges

Charged at ₹10 per crore of the transaction value by Securities and Exchange Board of India for carrying out regulatory duties.

Funds Transfer Charges

MODE OF TRANSFER

UPI

FREE

Linked Kotak 3 in 1 account

FREE

Via net banking gateway

₹7 +GST

Statements and Reports

Contract note (Digital)

FREE

Holding Statement Soft copy via email (any time period)

FREE

Holding Statement Hard copy

FREE

Digital copy for prior to previous financial year

FREE

Other Services

Cheque Processing charges

₹50 + GST (for every cheque deposit)

Cheque charges (in case electronic fund transfer to linked account fails)

Rs. 250 inclusive of GST

Cheque bounce charges

Online : ₹350 + bank charges
Offline : ₹500 + bank charges

Password printing and dispatch charges

₹25

Call & trade charges

₹49 + GST per executed order

More Information Search YouTube - Online Tech 

YouTube Channel Icon