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Kotak Securities Customer Reviews, Complaints and Feedback (Page 14)


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Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

Incorporated in 1994, Kotak Securities Ltd is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides direct access to the US markets. Kotak Securities is a subsidiary of Kotak Mahindra Bank, one ... Kotak Securities Review

Kotak Securities USP

What makes Kotak Securities different from the competition?

  • 25+ years of experience.
  • Part of prestigious Kotak Mahindra Bank.
  • Offer 3-in-1 account (Bank + Trading + Demat Account)
  • Physical presence in 393 cities.
  • Free Technical, Fundamental, Derivatives, Macro-economic and mutual fund research.
  • Different brokerage plans to suit your needs.

Kotak Securities Special Offer

Kotak Securities Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage-Free Intraday trades (Equity and F&O).
  • Flat Rs. 20 per trade brokerage in F&O

Interested in opening a trading account? Open Instant Account Now

Special Offer: Kotak Securities - Pay ZERO Intraday Brokerage + F&O Rs 20 per trade. Open Instant Account Now

460 Comments

200. Rahul Gautam   I Like It. |Report Abuse|  Link|April 5, 2016 9:56:14 PMReply
It''s not for trading. Brokerage + taxes will surely make you cry.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Average
Overall Experience - Average
199. praveen   I Like It. |Report Abuse|  Link|March 23, 2016 8:22:24 PMReply
I HAVE A KOTAK SECURITIES ACCOUNT LINKED TO INDUSIND BANK. brokerage before levies is rs 201.65 .how can i sell this rate in intraday .plz solve my problem
198. SMIT   I Like It. |Report Abuse|  Link|March 23, 2016 3:00:37 PMReply
My Clint id at Kotak is SM_NA_1994.as of my experience as customer i just want to say "Kotak is injurious for your financial health"

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
198.1. kotak securities   I Like It. |Report Abuse|  Link|March 28, 2016 11:33:06 AM
Hi Smit,

We regret the inconvenience caused. Please be assured that we will look into the matter and address your concerns at the earliest.

Regards,
Team Kotak Securities
197. Swapna Gokhale   I Like It. |Report Abuse|  Link|March 23, 2016 1:00:40 PMReply
Before few days I filed up the form in order to open Demat with Kotak. Unfortunately they entered wrong e-mail id due to which I couldn''t get the half part of the password required for activation. However after I filed up new form with correct e-mail id, just before 4-5 days....till date my e-mail id is not yet updated....most interestingly branch person is confirming me that it''s already updated....
Lot of miscommunication....
Not able to activate my demat yet....
I don''t know how long I will have to wait...
196. ANANT KAME   I Like It. |Report Abuse|  Link|March 15, 2016 10:50:11 AMReply
i have an kotak security account I had relized that there are charges are from security side but also from demat side also, single transaction 31 rupees owwwwh. I had shocked ,I had free demat plus treading account but later on charging the demat fee 31 per single transaction . so I also had icici demat plus treading account it is also worst incase means kotak and icici are brothers but kotak security experience is very poor,so for this I am closing this account ASAP.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Below Average
196.1. Ankit Jain   I Like It. |Report Abuse|  Link|May 28, 2016 12:59:32 PM
All review are right dont open an account in kotak securities nd dont open account in kotak bank. This bank is begger nd chor bank which customer care is also chargeble nd the charges are too high as compared to other securitie nd there customer care I dont ever express their service mind blowing u speak but they not listen nd hold ur phone nd cut ur phone after 15 min nd u also loss ur phone balance such a bank which frustrate custome salute the person who develop such a chor bank in india for lotto indian customer rupees
196.2. Ankit Jain   I Like It. |Report Abuse|  Link|May 28, 2016 1:05:51 PM
Today I call customer care 3 times nd they put on hold for seprately 15 min each nd dont know my question answer nd cut phone after hold nd my 60 rs balance cut from my account I dont express my frustration about kotak bank nd secuities nd I shout on me for the time when I open an Account in such a f**k off banking.
195. tushar jagtap   I Like It. |Report Abuse|  Link|February 23, 2016 10:17:32 PMReply
Kotak is best then sbi cap

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Very Poor
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
195.1. kotak securities   I Like It. |Report Abuse|  Link|February 24, 2016 4:34:22 PM
Hi Tushar,

Thanks for your kind words. Your feedback is noted and shared with the concerned team.

Regards,
Team Kotak Securities
194. rashid   I Like It. |Report Abuse|  Link|February 13, 2016 1:59:30 AMReply
Hi ... My client code for kotak account is 9c1a9
The company as a whole has many hidden charges to name few .. They will charge scipt charge rs1 .. Apart from the various charges which has been paid upon trading include the buying and selling both .
They gave wrong Info as well as offer which they don''t itself dream of providing to the customers .. These companies should be handle strictly by the nse or sensex. As we the trader belong to one of the few segment of the business which pays tax as it is without any negotiations.. My suggestion to the investor are to record or get an affidavit done by the representative So that he cannot bully u
194.1. kotak securities   I Like It. |Report Abuse|  Link|February 15, 2016 2:32:22 PM
Hi Rashid,

We regret the inconvenience caused. Please be assured that we will look into the matter and address your concerns at the earliest.

Regards,
Team Kotak Securities
194.2. kotak securities   I Like It. |Report Abuse|  Link|February 18, 2016 11:36:38 AM
Hi Rashid,

Our team tried to get in touch with you, but could not reach you. Request you to provide us your preferred time to call.

Regards,
Team Kotak Securities
193. Abhijit Dutta   I Like It. |Report Abuse|  Link|February 12, 2016 10:56:05 PMReply
exactly very poor service from kotak security demay ac. many hidden charges r there. the employee wont tell u all the thing at the time of opening this ac. very high charges.
192. kish   I Like It. |Report Abuse|  Link|February 8, 2016 10:41:13 PMReply
waste of time and money . better option discount brokers.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Average
Customer Service - Below Average
Overall Experience - Very Poor
191. Dhruv Sen   I Like It. |Report Abuse|  Link|January 31, 2016 9:58:58 PMReply
i want to know brokrage charges .............
190. Bhaskar   I Like It. |Report Abuse|  Link|January 23, 2016 4:06:25 PMReply
Kotak securities is very bad, too much brokerage and hidden charges

I would have read this blog before to open my account

I would like to change my broker
189. Minakshi Chakraborty   I Like It. |Report Abuse|  Link|January 8, 2016 5:46:49 PMReply
Hi,

In addition to ALL Brokerage, STT, Service Tax etc) there is an ''unknown'' "Other Charges" that is being charged for the last 7 months. Kindly explain this ambiguous "Other Charges" that u guys are charging.

This is not charged by any other brokerage therefore I am strongly thinking about switching over and advise at least 5 of my friends to do the same.
188. Murugs   I Like It. |Report Abuse|  Link|January 8, 2016 8:39:12 AMReply
To much hidden charges and brokerage percentage changes without any notifications and not at all user friendly with customers.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
187. Ruchita Sanghvi   I Like It. |Report Abuse|  Link|January 7, 2016 10:53:11 AMReply
The customer service to the dealing deck of kotak securities have very little know how of their clients. ot was only on the goodwill of the kotak bank thati opened an trading account with them and very disappointed

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
186. Mani   I Like It. |Report Abuse|  Link|December 29, 2015 5:52:03 PMReply
Brokerage charges very high.I Don''''t even know/Unable to findout what all charges they charged.Hence i decided to close this KS account.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Above Average
Customer Service - Average
Overall Experience - Very Poor
185. VJ   I Like It. |Report Abuse|  Link|December 24, 2015 11:02:08 PMReply
Dear Team, Please let me know if you have any online brokerage calculator which will
include all the tax details along with the your brokerage calculator.


Thanks in advance.
185.1. VJ   I Like It. |Report Abuse|  Link|December 30, 2015 8:12:30 AM
Hi,

Can you please update whether you will be able to provide online brokerage calculator.
I am an existing customer of Kotak Security.

Will really appreciate if someone reply to this post.


Regards,

VJ
185.2. Satyajit Patra   I Like It. |Report Abuse|  Link|February 21, 2017 4:11:12 PM
they wil not provide such facility as customer will realize how they are getting cheated. They charge for buy/sell/AMC and that ridiculous DP charge.
I just checked my a/c and found they more or less) and in addition i paid them rs 1634 as DP charge. mind it they already charged me for buying those share and all the other hidden charge the claim. Also I suspect they have charged me for the sell i made in the january month.
I asked then to close my a/c today. feeling cheated .. i didnt realize that they were looting me.
184. smit   I Like It. |Report Abuse|  Link|December 22, 2015 1:49:42 PMReply
I Want Close My Account,Help Me Out.And For New Customer Never Go With Kotak
183. binoy kr sharma   I Like It. |Report Abuse|  Link|December 16, 2015 3:52:59 AMReply
i was totally confused abt the brokerage charges charged.... n next thing is that i was unable to trade for the last 3 days as my account was locked... i called customer care but no result.. i want to change my RMN n email id online... but not able to go to the website as the page doesnt appear... so m thinking of changing the BROKER.. binoy.....
182. sushil   I Like It. |Report Abuse|  Link|December 2, 2015 10:06:16 PMReply
very poor service in terms of brokerage.
181. b.ramchandra   I Like It. |Report Abuse|  Link|November 28, 2015 4:19:53 PMReply
Kotak ki brokerage bahot hi mahange hai.....inke saath to chote traders to trading kar hi nahi sakte......agar hum log kisi stock pe 10 se 20 profit lekar bahar aa bhi jaate hai to hume kuch profit nhi hota hai......ye tumhare hi level brokerage chargescki vajah se......
barbaad kr diya hai inhone chote traders ko......

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