There are a lot of stockbrokers available for all your needs available and all of them charge different fees according to their plans and services. The one charge that forms a part is the AMC charges. AMC implies Account Maintenance charges and as the name suggests, these charges are levied on a yearly basis. In this article, we will discuss Kotak Securities AMC charges.
The AMC charges are account maintenance charges, which are levied by the stockbrokers yearly. If you have a Kotak demat account, you should be aware of the Kotak securities annual charges as well.
The newly launched Kotak Trade free plan has made it very easy for the traders to trade easily at an effective price. Earlier the broker imposed the fees annually, but to offer relaxation to its investors, Kotak Securities now charge the account maintenance charges monthly.
So in order to keep your account activated and to offer better security to your demat account, you need to pay the fees of ₹50 per month to the broker. This fee is deducted directly from your trading account.
Other than this, no AMC is charged on your trading account.
Thus, when applying for the demat account in Kotak Securities, it is good to be aware of the Kotak Demat account charges including the account maintenance charges.
Paying these charges keeps your account active and gives an assurance of additional security and faster transactions, thus keeping your shares and holdings safe.
In case you would like to understand more about Kotak Securities AMC charges or any other related payments, then just fill in the form below and we will arrange a callback for you: