How to Get Rs 1000 Free Shares from Kotak Securities?

Looking to get free Rs 1000 shares of Kotak securities then look no further as Kotak is providing a great opportunity during the month of Sep 2013. Have a look at their terms and conditions.

• Account Opening fee of Rs 750.
• New Demat Account to be opened with Kotak Securities Ltd. 
• Only Minimum Margin of Rs 10,000 to be brought in by the Client. 
• The total value of the shares bought only in the Bombay Stock Exchange (BSE) Cash Delivery market within 30 days of client code generation should be at least Rs 10,000
• Shares will be credited by 15 Nov 13; if all conditions are met.

Rider

You can not close your account before 1 Year else Rs 1000 charges.

Verdict

The offer has lot of ifs and buts and better go for a straight account opening and mind it they have almost second highest brokerage charges in the industry after ICICIdirect. Check out the best broker in India who charges the lowest brokerage here.