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Kotak Mahindra Bank, as a Depository Participant with NSDL, caters to a wide cross section of the country's investing population.
We have designed tariff plans that address the needs of all categories of investors in the capital market. At one end, we have a general tariff for clients who do not transact too frequently. At the other end of the spectrum, we have schemes for frequent traders with high transactions. Here again we have differential tariffs for different sub-brokers.
A detailed structured tariff customised to each type of investor is available at our branches.
The benefits of participating in a depository are:
Following facilities are offered:
There is no restriction on the number of accounts you can open.
No. The depository does not prescribe any minimum balance. You can have zero balance in your account.
No. The demat account must be opened in the same ownership pattern in which the securities are held in the physical form. e. g. if one share certificate is in your individual name and another certificate is jointly held in your and your spouse's name, two different accounts would necessarily have to be opened.