Kotak Demat Account Benefits

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Kotak Securities is a bank-based stockbroker that offers reliable, safe, and secure services. If you are looking forward to opening a demat account with the broker, then here are some Kotak demat account benefits discussed in detail.

Is it Good to Open Demat Account in Kotak Securities?

Every new stockbroker remains conscious and concerned about the features of demat account, products, services, and others aspects while choosing a stockbroker. Here what makes Kotak Securities different from the rest for this it is good to have a look at some of the exclusive benefits associated with Kotak Securities account opening.

Before getting into the details, let’s have a look at some of the basic benefits of demat account.

Allow investor to secure their stocks, bonds, ETF, and bonds in a digital form.
Seamless transfer of shares to and from demat account.
Quick transfer of funds to trading and bank account.
Easy process of placing trades across different segments.
Reduce the chances of theft and loss of shares

Now other than this let’s have a quick look at Kotak demat account benefits:

1. Kotak Trinity Account

Since Kotak Securities is a bank-based stockbroker here the investor gets the benefit of operating a 3-in-1 demat account with the broker. This means, by just following a few simple steps of account opening you get trading, demat, and bank accounts linked with each other.

Now, this reduces the hassle of adding additional details and submitting too many documents for demat account opening.

Futher it makes it easy for an investor to transfer funds to and from the trading account.

If you want to add other bank details, the broker provides the facility to link your account with any of the bank listed below:

Axis Bank
HDFC Bank
Kotak Mahindra Bank
ICICI Bank
IndusInd Bank
State Bank of India (SBI)

2. Kotak Securities Depository

Now broker only offers the medium to trade and invest in the stock market through its trading app. But whatever shares you buy are held in your demat account which is maintained by depositories. On one hand, where NSDL secures shares bought from NSE, CDSL secures holdings of BSE.

Here when opening a demat account, it is important to check the registration details of your broker.

Here comes the Kotak Demat account benefits where the comes with the option for its clients to invest and trade in both the exchanges and easy transaction of shares as it is registered with both NSDL and CDSL depositories.

So, whatever exchange you choose to place the trade, your shares get held securely in the respective depository. Here, the thing to be considered is although your shares get easily transferred between two depositories you get access to a single depository which you can check easily using your demat account number.

3. Kotak Securities App

Now, apart from security and safety next come the services that the broker offers. So, here again, the broker wins the point as it offers you a secure mobile trading app and trading terminal. Along with this, it offers the desktop trading app Keat ProX.

With one of the best trading apps in India, you can trade across different stocks seamlessly. It provides multiple charts and indicators for simple analysis of stocks. Other than this, it provides research features that are beneficial for the investor to do a fundamental analysis of stocks.

From secure login to easy access to market news and update, you can get all at one place for FREE which makes it one of the best stockbrokers in India.

4. Kotak Securities Brokerage Plans

What can be more alluring than getting access to multiple brokerage plans? Kotak Securities comes with plans that provide different benefits to a different groups of investors. For example, if you are less than 30 years old then you can subscribe to the Kotak Securities Zero brokerage plan where you can trade in different segments for FREE!.

Other than there is Trade Free Plan for active intraday traders and other plans that suits your trading style and gives you the chance to maximize your profit.

5. Kotak Securities Offline Trading

Here comes other Kotak Demat Account benefits where the broker not only offers an online trading facility but also offline trading benefits through its multiple branches where you can visit the broker’s office and place the trade with the help of executives.

Also, the broker offers a call and trade facility where you can place the trade simply by providing the details on call. Although there are some additional fees that cost is also kept low for all those investors who are not used to using online trading apps.

Conclusion

Above all, one of the Kotak Demat account benefits is the presence in multiple locations makes the broker one of the most reliable stockbrokers. New investors and traders can easily trust the broker and can begin the secure demat account services with the broker.

It is good to validate all the details on their own to make sure that you are getting whatever the broker promised you.

In case of any doubt or query, you can also reach out to customer support at 1800 209 9191 to seek help and support using the trading app.

If you want to begin your investment journey in the stock market, then 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!