Kotak Neo Brokerage 2026: Charges, Fees & Brokerage Structure
One of India's oldest stock broking companies, offering full-fledged investment services across asset classes through a single-login platform.
Kotak Neo Brokerage refers to the charges applicable when investors and traders buy or sell securities through the Kotak Neo platform. Brokerage is one part of the overall cost of trading, while other expenses may include Securities Transaction Tax (STT), exchange transaction charges, Goods and Services Tax (GST), stamp duty, SEBI charges, depository charges, and other applicable fees. Understanding the complete Kotak Neo Brokerage Charges structure can help investors estimate their trading costs and compare the platform with other brokers.
For equity delivery transactions, brokerage may depend on the applicable account plan and pricing structure. Equity delivery generally involves purchasing shares with the intention of holding them in a Demat Account, while intraday trading involves buying and selling eligible securities within the same trading session. The brokerage applicable to these segments can differ, and investors should check the latest Kotak Neo pricing information before placing orders.
Kotak Neo also provides access to eligible derivatives trading, including futures and options. Traders should carefully consider brokerage and other transaction costs when trading in these segments because frequent transactions can increase the overall cost of trading. Options transactions may also involve charges based on the applicable pricing structure, while futures trading costs can depend on the transaction value and relevant brokerage terms.
In addition to brokerage, investors may have to pay statutory and transaction-related charges. These can include STT, exchange transaction charges, GST, stamp duty, SEBI charges, and applicable depository participant fees. The amount of each charge can vary depending on the market segment, transaction value, order type, and prevailing regulations. Therefore, investors should not evaluate trading costs by looking at brokerage alone.
Kotak Neo Brokerage can also depend on the specific plan or services selected by the customer. Different pricing structures may be available depending on the account and trading requirements. Investors who trade frequently should compare the brokerage rate, minimum applicable charges where relevant, account-related fees, and other transaction expenses to understand whether the pricing structure is suitable for their trading activity.
Another important consideration is the impact of brokerage and other charges on overall returns. A transaction may appear profitable before expenses but generate a lower net return after brokerage, taxes, and statutory charges are deducted. This is particularly relevant for active traders who execute multiple orders. Calculating the complete cost before trading can help investors better understand the potential profitability of a strategy.
Overall, Kotak Neo Brokerage should be evaluated as part of the platform's complete cost structure rather than as an isolated charge. Investors should review the latest brokerage rates, account fees, statutory charges, transaction costs, and applicable plan conditions before opening an account or placing trades. Since brokerage rates and regulatory charges may change, users should verify the latest information before making financial decisions.
Kotak Neo account opening & AMC charges
| Transaction | Fee |
|---|---|
| Trading account opening | ₹0 (Online) |
| Trading account AMC | ₹0 |
| Demat account opening | ₹0 |
| Demat account AMC | As per applicable tariff plan |
Kotak Neo brokerage by segment
| Segment | Charge |
|---|---|
| Equity Delivery | ₹0 (Free) |
| Equity Intraday | ₹20 or 0.03% (lower) |
| Equity Futures | ₹20 or 0.03% (lower) |
| Equity Options | ₹20/order |
| Currency F&O | ₹20 or 0.03% (lower) |
| Commodity F&O | ₹20 or 0.03% (lower) |
| Call & Trade | +₹50/order |
| DP charges (per ISIN, sell) | ₹13.5 + GST per debit |
Kotak Neo demat account charges
The demat account transactions are charged separately from the trading commission.
| # | Transaction | Charges |
|---|---|---|
| 1 | Demat Opening | ₹0 |
| 2 | Transaction Charges | ₹13.5 + GST |
| 3 | AMC | ₹300 + GST |
| 4 | Pledge | ₹30 + GST |
| 5 | Remat | ₹150 + GST |
| 6 | Nil | Nil |
Kotak Neo transaction charges (exchange turnover charge)
A combination of exchange turnover charge and trade clearing charge, levied by the exchange and passed through.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE ₹297 per Crore (0.00297%) | BSE ₹297 per Crore (0.00297%) |
| Equity Intraday | NSE ₹297 per Crore (0.00297%) | BSE ₹297 per Crore (0.00297%) |
| Equity Futures | NSE ₹173 per Crore (0.00173%) | BSE ₹173 per Crore (0.00173%) |
| Equity Options | NSE ₹3,503 per Crore of premium (0.03503%) | BSE ₹3,250 per Crore of premium (0.0325%) |
| Currency Futures | NSE ₹35 per Crore (0.00035%) | BSE ₹35 per Crore (0.00035%) |
| Currency Options | NSE ₹3,100 per Crore of premium (0.0311%) | BSE ₹1,000 per Crore of premium (0.01%) |
| Commodity Futures | MCX ₹260 per Crore (0.00260%) |
| Commodity Options | MCX ₹5,000 per Crore of premium (0.05%) |
Kotak Neo trading taxes & regulatory charges
Government taxes and fees in addition to the brokerage — shown in the contract note. Set by the government / regulator and identical across every Indian broker.
| Charge | Rate |
|---|---|
| Equity Delivery | Transaction Tax (STT) Equity Delivery: 0.10% on Buy & Sell Equity Intraday: 0.025% on Sell Equity Futures: 0.02% on Sell Equity Options: 0.10% on Option Premium (Sell) |
| Exchange Transaction Charges | NSE, BSE & MCX: As per the latest exchange transaction charges applicable to the respective segment |
| GST | 18% on (Brokerage + Exchange Transaction Charges + SEBI Charges) |
| SEBI Charges | ₹10 per Crore (0.0001%) |
| Stamp Duty (Buy Side Only) | Equity Delivery: 0.015% Equity Intraday: 0.003% Equity Futures: 0.002% Equity Options: 0.003% Currency Futures: 0.0001% Currency Options: 0.0001% Commodity Futures: 0.002% Commodity Options: 0.003% |