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.
Want to Register
now?Please click here.
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