Open Account

Zero Account Opening Fee for Tez Traders on Kotak Neo

A Demat Account (Dematerialisation Account) electronically stores investments like shares, mutual funds, ETFs, and bonds, eliminating physical paperwork. Introduced in 1996, dematerialisation replaced physical stock certificates with digital records, enabling faster, more efficient, and secure trading in line with global markets.

Brokerage Plans for Kotak Securities Demat Account

Trade Free Youth

For below 30 years age

₹0

  • ₹0 Brokerage on stock delivery trades
  • ₹10 Per order Brokerage on all intraday trades
  • ₹10Per order Brokerage on all carry forward and f&o trades
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Trade Free

For below 30 years age

₹0

  • ₹10 Per order Brokerage on all intraday trades
  • ₹10Per order Brokerage on all carry forward and f&o trades
  • 0.20% on delivery
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Privy Digital

For the tech savvy customer

₹0

  • Delivery 0.10% brokerage
  • Intraday 10 rs per order
  • F&O 10 rs per order
  • MTF 9.75%
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Advantages of a Demat Account

  • Convenience: Trade multiple securities like shares, bonds, ETFs, IPOs, etc., through a single account with no paperwork.
  • No Offline Trading Hassles: SEBI restricts physical trading to 500 shares due to inconvenience.
  • Auto Sync: Transactions reflect in real-time.
  • Security: Eliminates risks of fraud or loss of physical certificates.
  • Accessibility: Track and manage investments anytime, anywhere.
  • Zero Balance Opening: No minimum balance required.

Key Terms in Demat Account

  • Depository: Entities like CDSL and NSDL hold securities on behalf of investors.
  • Depository Participant (DP): Agents like banks and brokers facilitate transactions.
  • Portfolio Holding: Tracks investments with details like price and quantity.
  • Unique ID: A 16-digit number used for transactions.

Trading Options Available

  • Stock Investments: Buy/sell shares on NSE & BSE.
  • Intraday Trading: Short-term trading for quick returns.
  • Mutual Funds & IPOs: Invest in professionally managed funds and company IPOs.
  • Futures & Options: Derivative trading for hedging risks.
  • Currency & Commodity Trading: Trade forex and commodities on MCX & NCDEX.
  • Margin Trading: Leverage investments with up to 5x margin.
  • Exchange Traded Funds (ETFs): Trade index-based funds.

How to Open a Demat Account

  1. Submit personal details and verify via OTP.
  2. Select a Depository Participant (DP).
  3. Complete eKYC and upload required documents (PAN, ID proof, address proof).
  4. Undergo verification and pay necessary charges.
  5. Once approved, the account is activated.

Facilities of a Demat Account

  • Transfer of Investments: Move shares easily using a Delivery Instruction Slip (DIS).
  • Dematerialisation & Rematerialisation: Convert shares between physical and electronic forms.
  • Loan Facility: Use securities as collateral for loans.
  • Corporate Actions: Auto-updates for stock splits, bonuses, etc.
  • Freezing Option: Temporarily freeze the account for security.
  • Speed E-Facility: NSDL allows e-slip transactions.

Things to Consider Before Opening a Demat Account

  • Required Documents: PAN, Aadhaar, passport, utility bills, bank details.
  • Charges: Includes account maintenance, transaction fees, and SEBI taxes.
  • Trading Account Linkage: Helps in seamless transactions.
  • Nomination: Assign a nominee for easy future access.

Additional Features

  • Portfolio Consolidation: Merge investments under a single portfolio.
  • Different Account Types: Open accounts for individuals, minors, or corporates.
  • No Minimum Balance: No requirement to hold securities to maintain an account.