- Account Opening fee of Rs 750.
- New Demat Account to be opened with Kotak Securities Ltd.
- Only Minimum Margin of Rs 10,000 to be brought in by the Client.
- The total value of the shares bought only in the Bombay Stock Exchange (BSE) Cash Delivery market within 30 days of client code generation should be at least Rs 10,000
- Shares will be credited by 15 Nov 13; if all conditions are met.
You can not close your account before 1 Year else Rs 1000 charges.
Verdict
The offer has lot of ifs and buts and better go for a straight account opening and mind it they have almost second highest brokerage charges in the industry after ICICIdirect. Check out the best broker in India who charges the lowest brokerage here.