A broker often charges you some fees for the maintenance of your account. For this fee, your demat account is kept secure with all your holdings and all other documentation/administration work is done for these charges.
These are the account maintenance charges. However, Kotak Securities charges this fee on a monthly basis. The AMC charges for demat account are ₹50 per month as far as Kotak Securities is concerned.
Kotak Demat Account Annual Maintenance Charges
Account maintenance charges
₹50 per month
3. Kotak Demat Account Closing Charges
Just as there are opening charges, there are various closing charges as well. In the case of a Kotak Demat account, you don’t have to pay any charges for closing your demat account.
You will need an account closure form, all the necessary details, and the process of your account closure will be completed conveniently.
It is often seen that there are certain conditions in which you can miss out on the correct brokerage once you start trading with your Kotak demat account.
To make it easy, you can make use of the calculator that helps you in calculating the transaction and other brokerage fees imposed on your trading account.
The Kotak demat account charges are comparatively less when compared to other full-service brokers. Also, the account maintenance charges are charged on the monthly basis thus offering relaxation to its customer.
So, grab a trading experience with the broker now by opening a Kotak Demat Account.
You can do that by putting your details in the form below: