Kotak Securities Registration
| |Demat Account Sign Up
Kotak Securities is a renowned bank-based stock broker that offers trading and demat account services to make sure people get to invest and trade in the stock market. However, there is a certain Kotak Securities registration process that a person needs to complete in order to start using the services provided by the broker.
If you are someone who is looking to know how to complete the Kotak Securities registration process and the steps related to it then this article exactly matches your requirement.
In this article, we discuss the whole process of Kotak Securities registration including the steps, documents, offers, charges, and not to forget the problems, if there are any.
Kotak Securities Account Opening
Well, as we know that the first step to starting your investing and trading journey involves a demat and trading account opening. With Kotak Securities, it is no different.
The process to activate the Kotak Securities account is fairly simple, quick, and seamless. You can either use the mobile trading app or the official website to sign up and activate your Kotak Securities account.
In this article though, we will stick with the steps involved with activating your Kotak demat account using the website.
- Visit the official website of Kotak Securities to open a demat account.
- Click on “ Open Demat Account “in the top right corner.
- A new page will open up. Accordingly, choose your age there. If you are below 30 years of age, go for the No brokerage plan, or else, go with the Kotak Trade Free plan.
- Fill in your name and mobile number. Tick on agreeing to the terms and conditions box and click submit.
- Verify your mobile number with the OTP that has been sent to your mobile number.
- Either sign in with your Google account or enter your Email address manually. Verify the Email by submitting the 6 digits OTP that you get in your Email box.
- Enter your PAN card number and Date of Birth and then click on Next.
- Enter your personal details such as Father’s name, Mother’s name, Family income etcetera.
- In the next step, enter your bank details.
- Link your DigiLocker account with the stockbroker with the OTP you receive on your mobile number. This helps the broker fetch your Aadhar card details.
- Take a selfie and upload it. Complete your e-sign with a picture of your signature and upload a picture of your PAN card.
- Review your application and click on confirm.
On verification of your documents, your Kotak Securities account will get activated within a few minutes.
Instead of the website, you can also use the Kotak Securities smartphone app for registration.
There is one more option for you and that is the offline mode of registration. You can visit your nearest Kotak
Kotak Securities Account Opening Documents
Now to open your demat cum trading account and activate your Kotak Securities account, you need to submit a few documents to prove your identity, address, income and bank details.
The table below represents the full list of documents from which you can choose and use one of the documents from the respective categories.
Documents Required for Demat Account | |
Identity Proof | Voter ID Card |
PAN Card | |
Aadhar Card | |
Driving License | |
Address Proof | Aadhar Card |
Utility Bill | |
Ration Card | |
Bank Account Proof | Passbook |
Canceled Cheque | |
Income Proof | Account Statement |
Salary Slip | |
ITR Acknowledgement Slip |
Kotak Securities Account Charges
Now when you register with any stockbroker, which means opening an account with the broker, you need to bear certain charges for successful registration.
These registration charges include an account opening charge followed by the account maintenance charge on an annual basis. These days a lot of stockbrokers waive off these charges, at least for the first year to lure more customers.
Kotak Securities Demat Account Charges | |
Account Opening Charges | Nil |
AMC Charges | ₹50 per month |
Kotak Securities Registration Problems
Even though the Stockbroker is renowned for giving seamless and quality services to its clients, there might be occasions when you find some problems with registration.
These problems might be a result of some glitch at the end of the stockbroker or your own internet connection but it is worth noting some of these minor inconveniences during registration.
- Not getting OTP on time
- Not being able to upload documents even if they are in the correct format
These are a couple of Kotak Securities registration problems you might face occasionally. Often these problems are resolved quickly because we know the quality Kotak Securities brings with itself.
However, in case, you remain stuck with these problems, you can further contact Kotak Securities Customer Care at 1800 209 9191 to get help regarding these problems.
Conclusion
Apart from the quality stockbroking services other beit keeps the entire registration process quite quick and easy for new users. This allows the beginners to start in just a few minutes with some quick steps.
At the same time, it lets those investors or traders who have been investing or trading in the market for some time an easy transition.
Once you register with Kotak Securities, you get a bunch of services such as investing/trading platforms, relationship managers, exclusive learning courses, and much more. No doubt there are many Kotak Demat account benefits that make the broker different from the rest.
Willing to invest in the share market? Begin your journey now! Get in touch with us now and we will assist you in choosing the right stockbroker and in opening a demat account online for FREE!