3.7/ 5Kotak Securities Brokerage Charges, AMC & Calculator
Bank-backed broker with the Kotak Neo app — free delivery and zero brokerage for under-30s. Founded 1994, Mumbai · ~14 lakh active clients.
Quick answer
Kotak Securities charges ₹0 (free) on equity delivery, ₹20 or 0.05% (lower) on intraday and ₹20 / order (flat) on F&O options. Account opening is ₹0 (free) and demat AMC is ₹0 (Trade Free plan). Rated 3.7/5, it's best for kotak bank customers and young investors wanting a bank-backed broker.
Charges are compiled from each broker's official published rate card and the prevailing NSE / SEBI statutory rates. Figures are indicative and reviewed periodically — always confirm current charges on the broker's own website before opening an account.
Kotak Securities Charges — Brokerage, AMC & DP
Account opening
₹0 (free)
Maintenance (AMC)
₹0 (Trade Free plan)
Equity delivery
₹0 (free)
Equity intraday
₹20 or 0.05% (lower)
Futures
₹20 / order (flat)
Options
₹20 / order (flat)
DP charges
₹15 + GST per scrip (sell)
Margin (intraday)
Up to 5× intraday (MIS)
Charges are indicative, compiled from Kotak Securities's published rate card (reviewed June 2026), and exclude statutory taxes (STT, exchange, SEBI, stamp duty, GST). Verify current rates on Kotak Securities's website.
Kotak Securities Brokerage Calculator
- Brokerage
- ₹0.00
- STT
- ₹201.00
- Exchange txn
- ₹5.97
- GST
- ₹3.81
- SEBI
- ₹0.20
- Stamp duty
- ₹15.00
- DP charges
- ₹15.00
Estimate based on NSE statutory rates (STT, exchange, SEBI, stamp duty & 18% GST) plus each broker's published brokerage. DP charges apply on delivery sells. Actual contract-note charges may vary slightly.
Kotak Securities — Pros & Cons
Pros
- Free equity delivery & zero AMC
- Zero brokerage for under-30s (Trade Free Youth)
- Backed by Kotak Mahindra Bank
- Seamless bank + broking integration
Cons
- ₹10/order pricing needs the Trade Free Max plan
- App heavier than a pure discount broker
- Cross-selling of bank products
Best for: Kotak Bank customers and young investors wanting a bank-backed broker. Kotak Securities supports Equity, F&O, Currency, Commodity, Mutual Funds, IPO on Kotak Neo App, Kotak Neo Web, Neo API.
Our Take on Kotak Securities
Kotak Securities brings a bank's backing to discount-style pricing through its Kotak Neo app. Equity delivery is free, the Trade Free plan carries no AMC, and active traders can drop to ₹10 per order on Trade Free Max — while investors under 30 get zero brokerage across segments on the Trade Free Youth plan. The seamless link between a Kotak bank account and the broking account is a genuine convenience. Against that, the app is heavier than a pure discount broker's and there's the usual cross-selling of bank products. For existing Kotak customers and young investors, it's compelling.
Compare Kotak Securities With Other Brokers
See Kotak Securities head-to-head — charges, brokerage and a live calculator for each pairing.
FAQs
Kotak Securities Charges — FAQs
For information only — not investment advice or a recommendation. OptionX is broker-neutral. Charges are indicative; confirm current rates with Kotak Securities before opening an account.
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