What You Do Kotak Neo If you are going to open an account, read this post carefully. kotak neo kya hai and how these old apps are different from Kotak Sikaritz. What are the new features?
Kotak Neo is a stock trading app that has been launched by Kotak Group which is designed to give a trader and investor an advanced user-friendly expericene with better platform.
There are already plenty of flower time stock brokers in the market. The Kotak Neo also explores what services are different from the rest of the broker.
In this post, we will let you know the step by step about the Kotak Neo app. ....
Table of Contents
How to download Kotak Neo App?
To download this app, you can search Kotak Neo App by going to the Direct Play Store and install the first app. You can also install the phone by clicking on the link to the Play Store.
Before you open an account, you know about the charges from which you will be clear whether the account should be opened or not.
Kotak Neo Kya hai and his account opening and other charges
Kotak Neo has built a four-way plan for demat account charges that can be selected as per your need and its Criteria.
Kotak Neo has created a subscription based plan. The table below can view the charges from the middle of the table. This plan is designed only for you if you are under 30 years of age and you want to trade. The name of this plan is:
Free Plan
| Service | Charges | Charges | Charges |
|---|---|---|---|
| Account Opening Charge | फ्री | ||
| Trade Free Youth Plan Subscription | 99 for one year. Second year to give 499. | ||
| Intraday | 0 brokerage. | ||
| Stock Delivery | 0 brokerage. | ||
| For Carrie Forward F&O Trades | 0 brokerage. | ||
| Switching fee for existing holders | Free | ||
| DP Transaction Fee (On purchase) | फ्री | ||
| DP Transaction Fee (On receipt) | 20 or 0.04% which is lowest. | ||
| Account Maintenance Charge | 0 Holding less than 50 thousand. (BSDA) | ₹100+GST over 50 thousand and less than 2 lakhs each year. | ₹50+GST Every Month is 2 lakh or more. And non-BDA account will be changed. |
| Call on Call & Trade Charges | ₹Orders at 49+GST |
You can choose a trade free plan if your age exceeds 30. This plan looks a bit extra charge for some services but you are being given some more different features.
2. Trade Free Plan
| Service | Charges | Charges | Charges |
|---|---|---|---|
| Account Opening Charge | ₹ 99 | ||
| Trade Free Plan subscription | फ्री | ||
| Intraday | फ्री | ||
| Stock Delivery | 0.25% | ||
| For Carrie Forward F&O Trades | ₹Orders on 20. | ||
| Switching fee for existing holders | 499+GST Every year. | ||
| DP Transaction Fee (On purchase) | फ्री | ||
| DP Transaction Fee (On receipt) | 20 or 0.04% which is lowest. | ||
| Account Maintenance Charge | 0 Holding less than 50 thousand. (BSDA) | ₹100+GST over 50 thousand and less than 2 lakhs each year. | ₹50+GST Every Month is 2 lakh or more. And non-BDA account will be changed. |
| Call on Call & Trade Charges | ₹90+GST Maximum, when order is applied |
The trade free pro plan will be known as the subscription for them that are a pro trader This will give you access to the EDITIONAL SERVICES but the charges can be given by a Pro Trader. Charging so much in Small Volume can be difficult for a beginner.
Trade Free Pro
| Service | Charges | Charges | Charges |
|---|---|---|---|
| Account Opening Charge | फ्री | ||
| Trade Free Plan subscription | ₹249+GST Every Month | ||
| Intraday | फ्री | ||
| Stock Delivery | 0.1% | ||
| For Carrie Forward F&O Trades | ₹Orders on 20. | ||
| All Liquid ETF (Delivery Trade) | 0.01% on every transaction value | ||
| DP Transaction Fee (On purchase) | फ्री | ||
| DP Transaction Fee (On receipt) | 20 or 0.04% which is lowest. | ||
| Account Maintenance Charge | 0 Holding less than 50 thousand. (BSDA) | ₹100+GST over 50 thousand and less than 2 lakhs each year. | ₹50+GST Every Month is 2 lakh or more. And non-BDA account will be changed. |
| Call on Call & Trade Charges | ₹70+GST Maximum, when order is applied |
4. Dealer Assisted Plan
| Service | Charges | Charges | Charges |
|---|---|---|---|
| Account Opening Charge | फ्री | ||
| Trade Free Plan subscription | ₹499+GST (just once) | ||
| Intraday | 0.39% Or ₹21 Whatever is more. | ||
| Stock Delivery | 0.39% Or ₹21 Whatever is more | ||
| Stocks & Index Future | 0.39% | Stock & Index Options | |
| Stocks & Index Options | ₹Lot on 39 | ||
| Currency Future | ₹Lot on 9 | ||
| Currency Option | ₹Lot on 5 | ||
| DP Transaction Fee (On purchase) | फ्री | ||
| DP Transaction Fee (On receipt) | 20 or 0.04% which is lowest. | ||
| Account Maintenance Charge | 0 Holding less than 50 thousand. (BSDA) | ₹100+GST over 50 thousand and less than 2 lakhs each year. | ₹50+GST Every Month is 2 lakh or more. And non-BDA account will be changed. |
| Call on Call & Trade Charges | ₹50+GST Maximum, when order is applied |
Kotak Neo Account Open कैसे करें?
You need some documents to open a Kotak Neo Demat account. If you have an already account of the Kotak Securities, you can switch to the Neo account from it. On how we open a fresh account of Kotak.
Stay the steps you can open the account without any hassle.
- Above we have told you to install the app. After install, open.
- Enter your number now and verify using OTP.
- Select your investment experience in this if the first time trading account is being opened, select the beginner and proceed.
- You have to add your KYC details to the PAN card and date of birth.
- Then add your base number and apply the OTP.
- Now enter your personal details like your parent name, address and nominee name.
- You have to verify your email id in this step.
- Move your marital status, occupation and annual income.
- Next you have to add your bank account with it Select first bank then insert IFSC and account number
- Now you have to upload your selfie and signature.
- In this step, select the plan as per your age.
- Now you have to e-sign Enter your Aadhaar number for this and you will get OTP on your mobile.
Now your process is complete. After this, you have to access for 24 to 48 hours. These will send you login details via mail.
Read more 👉 Best Top 6 Demat Accounts Apps in India
What is kotak neo vs kotakŝ app?
The Neo app, like Kotak Cicurities, has also downloaded 1 Milan Plus on the Play Store and talk about ratings, both the app has got a 4.2 star rating. The user interface in Kotak Neo app has been significantly improved compared to the previous app.
As a full time broker, you’ll also get to see stock tips in the new app. Also you can place baskets and bracket orders. Overall this app has more attention to the technology and user interface of Kotak Sikaritz.
How to contact Kotak neo care customer?
Kotak Neo has built four channels to help you resolve your trouble by talking to its customer care.
- Kotak Neo Customer Service allows you to call the Direct Numbers below every day: 8AM to 6PM Call- 1800 209 9191
- Neo can also talk about live chats from the site.
- Phone: +91 77389 88888
- [email protected] You can also contact this email id.
You can earn money by refer and earning with kotak Neo.
When your Kotak Neo app accounts are opened, you can only make trading with your friends or family members. Just let you go into the referr and section and send the link to your phone via whatsapp or messages.
When any account is opened with your link, you will also get Rs 300 every account and brokerage upto 10% from that account for 2 years.
So open your account and start referring...
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kotak Neo faqs:-
Is Kotak Neo good or bad?
If you are under 30 years of age and want to save brokerage, Kotak Neo can prove to be beneficial for you as this has been given special plans for Young Youth that can sometimes be good compared to the rest of the broker.
Is Kotak Securities Safe for Trading?
Kotak Securities is also a large group with a full time broker that is registered with Bse and Nse. Also it provides features like stock trading, mutual funds. So we can say this is a safe platform.
What is the fee for opening a Demat account?
When it comes to Kotak Neo, it’s free to open a Demat account but it will have to charge it fixed for its subscrioption plan. You can read this post for full information about the charge and the same.
Is it necessary to close a Demat account?
Yes, if you are not using Demat account for a long time, you should close your account This allows you to avoid the Amc charge every year.
How to open a Demat account from mobile?
Very easy. Just install the app from the Play Store in which you have to open an account in the broker. Then add your mobile number and your personal details. Your account will be approved in 24 to 48 hours. You can login by inserting the details in the mail.
Can I start trading with Rs.1000?
There is no set account in the stock market that you should have as much money as you can trade. Yes, you can start your trading journey from 1000 but your motive should be learning from 1000.
How much money does it take to open a trading account?
There are a lot of brokers in the market that give you the option to open a free trading account but every broker has a different charge on every transaction. We recommend that you once undergo Market Research.
About Post
Hope you have read this post complete and the answer to your question kotak neo kya hai will be found to you. In this post we have tried to provide you with all the information you need to know about this post, you can ask us in comments.
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