[Resolved]  Kotak Securities — brokerage charged twice for 2 sell trades in same scrip and same session

Address:Mumbai City, Maharashtra

I have sold 15 tata steel shares on 31.12.13 in NSE vide kotak securities account. Kotak charge 30 paisa brokerage with min brokerage of Rs 21/ trade. As calculated brokerage worked out less than Rs 21, I sold 2 additional Tata Steel shares in same session on NSE. They charged minimum brokerage of Rs 21 each for both transactions i.e. Rs 42 Universally, for brokerage calculation brokers the quantities of same scrip+ same session+ same exchange is added and brokerage is chaarged on total sale amount i.e. 17 shares of Tata Steel which work out slighly above Rs 21. Otherwise how do one calculate brokerage for intraday trade. Yogesh Rastogi
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Complaint marked as Resolved 
Verified Support
Jan 03, 2014
Kotak Securities Customer Care's response
Dear Mr. Rastogi,

We request you to share your client id and contact details with us at ks.[protected]@kotak.com for our customer care executive to get in touch with you and address your concerns at the earliest.

Regards,
Team Kotak Securities
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