A note on F&O brokerage from Kotak Neo

We’ve been receiving queries around F&O pricing.
Here’s everything you need to know - clearly, in one place.

Who is this for?

Applicable to clients on the following plans:
Trade Free | Trade Free Youth | Trade Free Pro plans

₹10 - Flat per F&O trade

• Applies to every executed order
• Valid for intraday & carry forward
• Works across cash, collateral, or a mix
✔️ No thresholds
✔️ No conditions on margin type

0% interest on intraday trades with collateral

Whether you're trading with cash margin, pledged securities as collateral, or a combination of both, you pay zero interest on intraday trades.

8.99% p.a. — Interest on carry forward

For carry forward F&O positions, if the cash or cash component of the margin is below 50%, interest is charged on the difference at 8.99% p.a. (vs. 12–18% at most other brokers).

Example:
If total margin utilised is ₹1,00,000, at least ₹50,000 must be in cash.
If you hold ₹30,000 in cash or cash component, interest is charged on the ₹20,000 difference at 8.99% p.a.

Important to know

• ₹10 brokerage applies regardless of margin type
• This is not a limited-time offer - it’s standard pricing
• Clients on customised plans continue with their existing charges

Need help?
Questions on pledging or margin setup?
? 18002099191

Kotak Neo
₹10 brokerage — consistent across how you trade.