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kotakstreet.com
offers you a range of products and services to meet all your investing needs. Whether you are a savvy investor or just getting started, you would find our service just right to meet your specific needs. Our three plans are :

a) Cash Margin : Pay us a cash margin and avail yourself of a trading limit, which is four times the margin. Brokerage of 0.25% will be charged for delivery-based trades and 0.10% for square-off transactions.


b) Green Channel: kotakstreet.com offers you the facility to trade without cash margins! Deposit approved securities lying idle with you and we will treat 60% of its market value as equivalent cash margin placed with us. Avail yourself a trading limit four times the equivalent cash margin.

Brokerage of 0.25% will be charged for delivery based trades and 0.10% for square-off transactions. In addition to the above, a fee of 0.15% of the peak trading limit utilised in the month is payable by you every month.


c) Freeway: Pay us a cash margin and avail yourself of a trading limit, which is four times the margin. Pay us only a flat fee of Rs.999 each month and trade as much as you want to within a maximum exposure of Rs.3,00,000. To cover levy, service tax and other chares, a sum of 0.03% will be charged on each transaction in the Freeway plan.

d) High Trader: In the High Trader you get the facility of trading with a higher multiple i.e. six times your margin amount. It is an auto square-off product where all the cash orders would be squared off after 2.55 pm. You can use High Trader with Green Channel/Cash Margin or the Freeway product. You can trade in the derivative segment on the High Trader with the normal limit i.e. multiple of four on stock derivatives and ten on the index derivatives.


Product Summary :

Particulars

Cash Margin

Green Channel

Freeway

High Trader

Margin

Cash

Shares

Cash

Cash/Shares

Multiple granted on the margin

4

4 (on 60% of mkt. val. of shares)

4

6

Minimum margin

Rs. 5000

Rs. 25,000 approved shares

Rs.5000

Rs.5000

Maximum margin

No Upper Limit

No Upper Limit

Rs.75,000

Rs. 50,000 with FW, and no upper limit with GC/CM

Brokerage for delivery trades

0.25%*

0.25%*

Nil

0.25%*

Brokerage- square-off in same day

0.10% One side*

0.10% One side*

Nil

0.10%*One Side

Brokerage- square-off in same sett.

0.10% Both sides*

0.10% Both sides*

Nil

0.10% Both sides*

Flat Fee

Nil

Nil

Rs.999 per month

Nil

Transaction Fee

Nil

0.15% p.m. of the peak limit utilised

Nil

Nil

Levy-service tax And other charges

Nil

Nil

0.03%**

Nil


*Subject to a Minimum brokerage of Rs.0.05 per share.
**Subject to a minimum of Rs.0.01 per share.


Cash Expressway: As a customer of kotaksteet.com registered under any of our three plans listed above you will have the facility of spot payments available to you at a transaction charge of 0.50%. You can sell your shares, deliver them to kotakstreet, and then request for payment by contacting any of our offices or better still emailing us at [email protected]. kotakstreet.com will process your request and issue payment within 48 hours of receipt of your complete request. kotakstreet frees you of the burden of going through the settlement cycle and waiting for pay-out day of the stock exchange.

(Please note that Cash Expressway can be used in conjunction with one or more of the above products.)

Maximum brokerage on all the above products shall not exceed the limits prescribed by SEBI.

Want to know more? Please check our FAQs section.

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