bank basedSEBI: INZ000200137100% Primary SourcesWatchdog Monitored

Kotak Neo

Kotak Securities Limited

Founded 1994Mumbai, MaharashtraExchanges: NSE, BSE, MCXDepository: CDSL, NSDL

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Official Tariff Document: Kotak Neo Official Brokerage Plans & Charges (Audited: 2026-11-03)

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Full-Service ModelFounded 1994

Executive Profile: Kotak Neo

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Kotak Neo operates as a comprehensive full-service financial firm, providing dedicated relationship managers, centralized branch networks, advisory research reports, and integrated multi-asset wealth management.

Legal EntityKotak Securities Limited

SEBI RegistrationINZ000200137

Exchange ClearancesNSE, BSE, MCX

Depository AffiliationCDSL, NSDL

Key Tariff Snapshot

Audited against primary broker schedules

Equity Delivery

₹0.20

Holding stocks overnight (CNC)

Equity Intraday

₹10

Day trading stocks (MIS)

Equity Options

₹10

Flat per executed contract

CDSL DP Charge

₹13.50 + GST

Per scrip debited on sell

Demat AMC

₹600

Annual account maintenance

Trading API Cost

₹0 Free API

Programmatic algorithmic access

Trading Brokerage Schedule

Dynamic broker commissions across capital and derivative market segments. Statutory taxes (STT, GST, Stamp duty) are levied separately per regulatory schedules.

Equity Delivery

Buying and holding stocks overnight (CNC/Delivery)

Note: 0.20% on Trade Free Plan (First 30 days ₹0; Trade Free Youth plan offers ₹0 delivery for traders under 30)

₹0.20

Equity Intraday

Day-trading stocks squared off before market close (MIS)

Note: Flat ₹10 or 0.05% (whichever is lower) per executed order (First 30 days ₹0)

₹10

Equity Futures

Index & stock futures contracts (NSE/BSE)

Note: Flat ₹10 per executed order on Trade Free Plan (First 30 days ₹0)

₹10

Equity Options

Options contracts executed on premium turnover

Note: Flat ₹10 per executed order on Trade Free Plan (First 30 days ₹0)

₹10

Demat & Account Tariffs

Onboarding, annual depository maintenance (AMC), and depository debit charges on equity delivery sales.

Trading Account Opening

One-time onboarding and account setup fee

Note: ₹0 Account opening fee on standard Trade Free Plan (₹99 on Trade Free Youth Plan)

₹0 Free

Demat AMC (Annual Maintenance)

Yearly depository maintenance charge

Note: ₹0 first year; ₹50/month (₹600/year) from second year onwards

₹600

DP (Depository Participant) Charge

Charged by depository + broker per scrip debited on sell

Note: ₹13.50 + GST per scrip per day on debit (₹13.50 depository fee + ₹0 broker markup; Total ₹15.93 incl. GST)

₹13.50 + GST

Ancillary & Hidden Charges

Operational and risk management penalty fees that are often omitted from prominent marketing materials.

Call & Trade Charge

Fee per order placed via broker dealer desk

Note: ₹50 + GST per order placed through dealing desk

₹50 + GST

RMS Auto-Square Off

Charged when risk management auto squares off margin shortfall

Note: ₹50 + GST per executed order for open intraday positions closed by RMS system

₹50 + GST

Physical Contract Note

Dispatched via postal courier per contract request

Note: ₹50 + courier charges for physical contract note or statement dispatch

₹50 per request + courier

Pledge / Unpledge Fee

Fee per scrip for collateral margin pledging

Note: ₹15 + GST per transaction per ISIN for creating margin pledge

₹15 + GST per ISIN

Complete Brokerage Schedule

Explore itemized commissions for delivery, intraday, futures, and options contracts with verified provenance links on every row.

Ancillary Fees & Penalty Audit

Review secondary penalty fees, RMS auto square-off charges, call & trade desks, and MTF interest rates.

SEBI Investor Redressal & Support

SEBI complaints escalation matrix and customer support ticketing portals.

Complaints Escalation Support Portal