Kotak Securities — charging commision of 5% per transaction for shares which is low value like the lanco

Address:

Shimoga, Karnataka, 577301

1. I bought shree for inr 325000 and sold same and been charged an amount 15000 for buy and 15000 for sell which is almost 10% of my share value. I never signed for this much commission and not ready to give any proof fare several written communication.

2. I have been charged interest for more than 1 day delay in margin plus trade but when comes to delay from kotak for more than 5 days no interest is given.

3, cash sell credit takes more than weeks to settle when any sale is done after tuesday. No interest for delay
4. They need twice approval for crediting balance to my account once by system and once by finance person.
5. Bonds are disappeared without any notice from dematerialised and not taking any responsibility for such disappearance.