I visited Kotak bank. They told me that if I open online trading/demat and savings account with them, they will offer me brokerage of .2% on delivery and .0125% on intraday trades. I informed them that my parents already have offline trading account with Kotak Securities which I use. They told me that it doesn't matter. Kotak Securities is different than Kotak bank. 
They insisted that I can open the account in my name at the bank. I'll have to deposit Rs. 62 K in the bank. Then, I can withdraw a little less than Rs. 62 K (I don't remember the exact figure) next day or trade with it. My savings bank account will be zero balance account for first year. After one year, it will be Rs. 10 K minimum.
Is this deal good? What other things may I ask them?
If any of you have trading account with Kotak Bank (not Kotak securities), please let me know about their service.
They insisted that I can open the account in my name at the bank. I'll have to deposit Rs. 62 K in the bank. Then, I can withdraw a little less than Rs. 62 K (I don't remember the exact figure) next day or trade with it. My savings bank account will be zero balance account for first year. After one year, it will be Rs. 10 K minimum.Is this deal good? What other things may I ask them?
If any of you have trading account with Kotak Bank (not Kotak securities), please let me know about their service.
