+ Expand AllDemat Account Charges

Demat account charges are the charges applicable on users using the Kotak Securities demat account. The schedule of charges for NSDL Depository services is as follows:

Demat Account Fees:

SrAccount HeadRateMinimum Payable
1DematerialisationRs.50/- per request and Rs.3/- per certificate---
2RematerialisationRs.10/- for 100 securities (shares, bonds, mutual funds units etc).Rs. 15/-
3Debit Transactions

• Regular(Non-BSDA Account)
(For Individual Accounts only) Market/
Off-Market Transactions(Sell)

• BSDA Account
(For Individual Accounts only) Market/
Off-Market Transactions(Sell)

0.04% of the values of securities(Plus NSDL charges)

0.06% of the values of securities(Plus NSDL charges)

Rs 27/-(Plus NSDL charges)

Rs 44.50/-(Plus NSDL charges)

4Regular Account Maintenance Charges Resident Indian:-
Rs 65 p.m for upto 10 debit transaction.

Rs 50 p.m for 11 to 30 debit transaction.

Rs 35 p.m for more than 30 debit transaction.

NRI-Rs 75 p.m.

---
5Pledge Charges0.05% of the value of securitiesRs. 30/-
6Invocation of Pledge0.04% of the value of securitiesRs. 30/-
7Charges for client master change
(Applicable for Address, Email, Mobile and Bank
Updation)

Rs. 49/- per modifi cation request
---
8DIS Re - Issuance
Rs. 99/- per DIS Booklet
---
9Charges for CAS
Rs. 3/- per month
---

Notes:

  • 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.
  • 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
  • Charges are subject to revision at the company’s sole discretion subject to prior intimation to the clients or on revision in Depository charges.
  • Any service not quoted above will be charged separately.
  • Value of transaction will be in accordance with rates provided by the Depository or actual transaction value, whichever is higher.
  • STT and GST will be charged as per current applicable rate, any change in the rates the same will be applied.
  • Quarterly statements of transaction may not be sent to the clients, if there is no transactions and no securities balance in the account. Account Maintenance
    Charges will not be levied in such cases.
  • In accordance with the SEBI circulars (Ref # SEBI Circular No. CIR/MRD/DP/22/2012 dated August 27, 2012 and SEBI Circular No. CIR/MRD/DP/20/2015 dated
    December 11, 2015), DP’s were advised to convert all such eligible demat accounts into BSDA unless such Beneficial Owners (BOs) specifically opt to continue
    to avail the facility of a regular demat account. For availing BSDA facility, the individual shall have only one BSDA in his/her name across all depositories. In case
    the BSDA account holder converts such account into Non-BSDA (regular account) account or the account holder ceases to meet the eligibility criteria for BSDA
    account, the charges applicable to Non-BSDA (regular account) shall be levied.
  • For BSDA account holder, (for other than Debt securities) the Account Maintenance Charges (AMC) structure shall be on a slab basis; if the value of holdings
    (a) Upto Rs. 50,000 there will be NIL AMC and (b) For Value of holding from Rs. 50,001 to Rs. 2,00,000 AMC will be upto Rs.100 per annum.
  • For BSDA account holder (for Debt securities), the Account Maintenance Charges (AMC) structure shall be on a slab basis; if the value of holdings
    (a) Upto Rs. 1,00,000 there will be NIL AMC and (b) For Value of holding from Rs. 1,00,001 to Rs. 2,00,000 AMC will be upto Rs.100 per annum.
  • For demat accounts having NIL transactions during the year, statement of holding will be sent only once in a year w.e.f.1st October 2012.
  • As per NSDL’s circular dated August 30, 2013, NSDL will levy ` 500/- as Annual Maintenance Charges for Corporate Accounts, effective 1st October, 2013.
    NSDL Charges would be levied to the respective account as regulatory charge and will be in addition to the DP charges levied by Kotak Securities Limited as per
    the schedule of charges.
  • QFor whom is this applicable to?

    A

    This is applicable to our customers.

  • QWhat are the Demat charges?

FAQs Pages
Demat Account ProfileTransfer Shares from Demat AccountDemat Account Security Key
Transfer Shares to DematNRI Account
Product Pages
Brokerage ChargesCollateral Amount in Demat AccountDemat Account Number
Documents Required for Demat AccountHow to Open Demat AccountUse of Demat Account
What is Dematerialization AccountMultiple Demat Account in IndiaLink your Aadhar number with Demat account
Procedure for buying shares through a Demat accountDifference Between Dematerialisation Vs. Rematerialisationdemat account and its uses
What are bonus shares?Demat AccountBenefits Of Dematerialization
Article Pages
Buy Mutual Fund without Demat AccountConclusion Of Demat AccountConvert Physical Shares To Demat Account
Demat Account Opening ChargesDifference Between Trading Account and Demat AccountDemat Account
How To Close Demat AccountInformative Report On Demat AccountBest Demat Account
  • Mandatory by SEBI
  • Easy Portfolio Management
  • Security of Equity Investments.

Reach out

Find us at the office

Gieser- Madigan street no. 4, 89728 Tokyo, Japan

Give us a ring

Danyelle Malanche
+96 551 917 434
Mon - Fri, 10:00-17:00

Tell us about you