Kotak securities more pomp and more brokerage too

#1
Kotaksecurities.com offers one of the most competitive brokerage rates in the market.As a Privilege Client, you can avail one of brokerages as low as 0.18% in the cash delivery segment and 0.03% in the intraday segment. Detailed below is the brokerage charge on various account types.


BROKERAGE STRUCTURE
Delivery

< 1lakh 0.59% Gateway A/C
1 - 5 lakh 0.55%
5 - 10 lakh 0.45%
10 - 20 lakh 0.36%
20 - 60 lakh 0.27%
60 lakh - 2 crore 0.23%
> 2 crore 0.18% Privilege A/C

Intraday brokerages

< 25 lakhs 0.06% both sides :eek::eek: Gateway A/C
25 lakhs - 2 crores 0.05% both sides
2 crores - 5 crores 0.04% both sides
> 5 crores 0.03% both sides Privilege A/C


:rolleyes:



Futures

Intraday brokerages Settlement
< 2 crores 0.07% both sides 0.09% both sides Gateway A/C
2 - 5.5 crores 0.045% both sides 0.073% both sides
5.5 - 10 crores 0.036% both sides 0.046% both sides
10 - 25 crores 0.027% both sides 0.046% both sides Privilege A/C
> 25 crores 0.023% both sides 0.032% both sides

Options

Monthly Premium Volume Intraday Brokerage% Settlement Brokerage% Minimum Brokerage Per Lot (Intraday) Minimum Brokerage Per Lot (Settlement)
Upto 4Lacs 2.5 2.5 100 100 Gateway
4Lacs-11Lacs 2.25 2.5 100 100
11Lacs-20Lacs 1.8 2.3 100 100
20Lacs-50Lacs 1.35 2.3 80 100 Privilege
> 50Lacs 1.15 1.6 70 100

Here Premium Volume is considered as (Premium x Lot Size x No. of Lots). As per this new structure you will be charged either a fixed minimum brokerage per lot or the new brokerage rate based on the monthly premium value slabs you achieve, whichever is higher. Kindly note that this new brokerage structure for option contracts will be applicable with effect from 23rd February 2007.

:rolleyes: