Kotak Securities Demat Account Charges

Give me Demat Account charges of Kotak Securities.

[Pathak]

Following are Demat Account charges of Kotak Securities:

Dematerialisation Rs.50/- per request and Rs.3/- per certificate

Rematerialisation Rs.10/- for 100 shares

Debit Transactions
- On Market
- Off Market 0.04% of the value of securities
(Plus NSDL charges as applicable)

Account Maintenance Charges
Resident Indian Rs. 50/-per month
NRI Rs. 75/-per month

Pledge Charge 0.05% of the value of securities

Invocation of Pledge 0.04% of the value of securities

Charge for Client Master charge intimation Rs.25/-


Following are some important instructions related to demat charges:

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.
Please refer clause VIII mentioned in the agreement signed by you.

Value of transaction will be accordance with rates provided by the Depository or actual transaction value, whichever is higher.

Charges are subject to revision at the company's sole discretion and as per revisions in NSDL charges.

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.

Quarterly statements of transaction may not be sent to the clients, if there is no transactions and no securities balance in the account. Annual Maintenance Charges will NOT be levied in such cases.
Service tax and other statutory charges if applicable will be levied separately.

Any service not quoted above will be charged separately.