Don’t give a buck, says Kotak, offers no brokerage plan on Demat account

Kotak Securities has launched 'No Brokerage Plan' allowing customers to open Demat accounts with no brokerage on any transactions, including intraday and delivery trades across equity, currency, commodity, and F&O segments. People aged under 30 years can subscribe to the plan for a yearly payment of ₹499. Those opting for this plan will also get vouchers worth ₹1,998 post onboarding.