Kotak Securities Vs SBI Securities - Broker Comparison

Account Opening & AMC Charges

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Kotak Securities Ltd SBICAP Securities Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan eZ-trade
Trading Account Opening Fee ₹750 ₹750 ₹850
Trading Account AMC ₹0 ₹0 ₹0
Demat Account Opening Fee ₹0 ₹0 ₹0
Demat Account AMC * ₹600 ₹600 ₹350

Brokerage Charges

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Kotak Securities Ltd SBICAP Securities Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan eZ-trade
Monthly Fee NA NA NA
Equity Delivery 0.49% 0.59% to 0.30% 0.50%
Equity Intraday 0.05% 0.06% to 0.05% 0.05%
Equity Future 0.05% 0.07% to 0.05% 0.05%
Equity Options ₹300 2.5% to 1.8% ₹100 per lot
Currency Futures - 0.04% or ₹20 per lot 0.03%
Currency Options - ₹20 to ₹7.5 per lot ₹30 per lot
Commodity 0.07% - NA

Transaction Charges (Per Crore)

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Kotak Securities Ltd SBICAP Securities Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan eZ-trade
Equity Delivery - - NSE ₹386 | BSE ₹384
Equity Intraday - - NSE ₹386 | BSE ₹384
Equity Future * - - NSE ₹221
Equity Options * - - NSE ₹5515
Currency Futures * - - NSE ₹221
Currency Options - - NSE ₹5515

Other Charges

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Kotak Securities Ltd SBICAP Securities Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan eZ-trade
Minimum Brokerage 4 paise for delivery,
3 paise for intraday and futures orders 		4 paise for delivery,
3 paise for intraday and futures orders 		5 paisa for Eq Cash | 1 paisa for Eq future
Call & Trade ₹20 per call after first 20 free calls ₹20 per call after first 20 free calls ₹10 per call after first 30 free calls
DP Charges (on sell side) 0.04% of transaction value (minimum Rs 27) 0.04% of transaction value (minimum Rs 27) 0.01% (Minimum ₹21, Maximum ₹300)
Other Miscellaneous Charges - - -

Demat Account Charges

Find charges for the best Demat Account for small investors

Kotak Securities Ltd SBICAP Securities Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan eZ-trade
Depository Service Provider CDSL CDSL CDSL
Account Opening Fee

Nil

Nil

Nil
Advance Deposite

Nil

Nil

Nil
AMC

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Individual (Resident): ₹780 p.a. for upto 10 debit transactions. ₹600 p.a. for 11 to 30 debit transactions. ₹420 p.a. for more than 30 debit transactions.

NRI Account: ₹900 p.a.

Corporate (Resident): ₹1200 p.a.

Corporate (NRI): ₹1500 p.a.

BSDA Account: ₹100 per annum (if DP value is more than ₹50,000 and less than 2 lacs), Zero (if DP value is less than ₹50,000 )

Individual Account with POA: ₹400 (₹350 for e-statement)

Individual Account without POA: ₹700

Corporate Account with POA: ₹800

Individual Account without POA: ₹1700

BSDA Account: DP holding < 50,000: Nil, DP holding > 50,000 <=2 Lac ₹100
Dematerialisation Charges

₹3 per certificate plus ₹50 per request

₹3 per certificate plus ₹50 per request

₹5 per cert + ₹35 courier charges per request

Rematerialisation Charges

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

Individual Account: ₹10 for 100 shares (Minimum Payable ₹15)

Corporate Account: ₹10 for 100 shares (Minimum Payable ₹15)

₹35 Per Request + CDSL Charges i.e. ₹10 per 100 securities or part quantity
Transaction Charges (Credit) - - -
Transaction Charges (debit)

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Individual Account (On Market/Off Market): 0.04% of the value of securities or minimum ₹27 (Plus CDSL charges as applicable + applicable taxes).

For BSDA Accounts (On Market /Off Market): 0.06% of the value of securities or Minimum ₹44.50 (Plus CDSL charges as applicable + applicable taxes).

Corporate Account (On Market /Off Market): 0.04% of the value of securities or Minimum ₹27(Plus CDSL charges as applicable + applicable taxes).

Through POA - 0.01% of the transaction value (Minimum of ₹21 and Maximum of ₹300) per ISIN

Through DIS - 0.04% of the transaction value (Minimum of ₹30) per ISIN
Pledge Creation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Pledge Creation Confirmation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Pledge Invocation Charges

0.05% of the value of securities Minimum ₹30

0.05% of the value of securities Minimum ₹30

If SSL / SBI is the counter party: 0.02% of Value or Min ₹25 whichever is higher + CDSL charges

If SSL / SBI is not the counter party: 0.04 % of the transaction value subject to a Minimum of ₹50 per ISIN instruction + CDSL Charges
Failed Instruction Charges

Nil

Nil

₹10 per failed instruction.
Other Charges - - -

Features

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Kotak Securities Ltd SBICAP Securities Ltd
Fixed Brokerage Plan Dynamic Brokerage Plan eZ-trade
Trading Platform KEATProX, FASTLANE KEATProX, FASTLANE ODIN

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